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

TJX Firms, 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 through 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 Firms 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 adjustments 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:

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