Retail

Target Breaks onto Josh Brown’s Best Stocks as Charts Sign a Turnaround

Target has been added to Josh Brown’s Best Stocks in the Market list after a post-earnings bounce, signaling momentum behind a turnaround story. Charts show the stock reclaiming key support as the retailer leans into store revamps, Roundel growth, and a leadership shake-up aimed at speed and simplicity.

📅 March 05, 2026
⏱️ 2 min read
Target Breaks onto Josh Brown’s Best Stocks as Charts Sign a Turnaround

Key Takeaways

  • Target was added to Josh Brown’s Best Stocks in the Market list after a post-earnings bounce.
  • Q4 2025 net sales were $30.5 billion, down 1.5% year over year.
  • Growth drivers in Q4 include Food & Beverage, Beauty, and Toys; non-merchandise sales grew 25%+, and membership revenue more than doubled.
  • Roundel revenue around $2 billion and mid-teens growth; management targets a doubling over five years; stock traded near $120 after a ~7% post-earnings move.
  • Store expansion plans include 30 new full-size stores in 2026 and 130 remodels targeting 2%-4% additional annual sales growth.

People Involved

  • Mike Fiddelke Target CEO
  • Josh Brown Pro investor
  • Sara Eisen CNBC Anchor/ interviewer

Entities Involved

  • Target Corp (TGT) Retailer
  • Roundel Target's retail media network
  • Walmart (WMT) Competitive peer in U.S. retail
  • Costco (COST) Competitive peer in U.S. retail

MarketMoodz Analysis

For investors, the move reflects more than a one-day reversal. Target’s earnings-driven rally is pairing with operational catalysts—store modernization, a monetized guest experience via Roundel, and a leadership refresh—to lift the narrative and potentially drive multiple expansion, aided by a favorable valuation around 15x trailing earnings.

Historically, retailers that modernize their footprints and strengthen omnichannel monetization can re-rate when execution follows through. Roundel’s roughly $2 billion in revenue and mid-teens growth target offer a meaningful upside if ad pricing holds and demand scales across the network; Walmart's relative strength underscores the competitive shuffle in U.S. retail.

What to watch next: execution on the 2026 store plan (30 new full-size stores, 130 remodels) and the profitability of the Roundel program; management emphasis on merchandising authority and guest experience will matter, as will moves that lift margins. Technicals point to a potential trend continuation if the stock stays above the 50-day moving average near $108 and doesn’t slip through the 200-day near $100; analysts’ near-term targets in the $120s–$130s and a test of past highs near $175 will shape the next phase.

Source: Original Article

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