These Analysts Enhance Their Forecasts On TJX Following Upbeat Q3 Earnings – TJX Corporations (NYSE:TJX)

TJX Corporations, Inc. (NYSE:TJX) posted better-than-expected earnings for the third quarter on Wednesday.

The corporate reported third-quarter earnings per share of $1.28, beating the analyst consensus estimate of $1.22. Quarterly gross sales of $15.12 billion (+7% yr over yr) outpaced the Road view of $14.87 billion.

The corporate now expects to repurchase roughly $2.5 billion of TJX inventory in the course of the fiscal yr ending January 31, 2026.

For the fourth quarter, the corporate continues to plan consolidated comparable gross sales to be up 2% to three%. It reaffirmed its fourth-quarter GAAP EPS outlook at $1.33–$1.36, in contrast with the $1.37 analyst estimate.

TJX Corporations lifted its fiscal 2026 GAAP earnings outlook to $4.63–$4.66 per share, up from $4.52–$4.57, topping the $4.60 estimate. The corporate is now anticipating its consolidated comparable gross sales to be up 4% (prior view: 3%).

TJX shares rose barely to shut at $145.81 on Wednesday.

These analysts made modifications to their worth targets on TJX following earnings announcement.

• Bernstein analyst Aneesha Sherman maintained TJX with an Outperform ranking and raised the value goal from $152 to $155.
• B of A Securities analyst Lorraine Hutchinson maintained the inventory with a Purchase and raised the value goal from $150 to $168.
• Evercore ISI Group analyst Michael Binetti maintained TJX with an Outperform ranking and raised the value goal from $162 to $165.
• Telsey Advisory Group analyst Dana Telsey maintained the inventory with an Outperform ranking and raised the value goal from $155 to $170.
• Goldman Sachs analyst Brooke Roach maintained TJX with a Purchase and raised the value goal from $163 to $170.

Contemplating shopping for TJX inventory? Right here’s what analysts assume: