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Target Stock Is Down, But Is It Out?

Target stock plunged after earnings, but were results that bad?

By Travis Hoium – Nov 22, 2024 at 11:50AM EST

Shares of Target (TGT 0.60%) fell after earnings because the company isn't growing as quickly as some competitors. But was it all bad? Travis Hoium digs into results and context behind Target's long-term trajectory in this video.

*Stock prices used were end-of-day prices of Nov. 20, 2024. The video was published on Nov. 21, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Target, and Walmart. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Target Stock Quote
Target
NYSE: TGT
$125.25
(-0.50%)-$0.63
Walmart Stock Quote
Walmart
NASDAQ: WMT
$130.40
(+0.34%)+$0.45
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$272.66
(+0.55%)+$1.49

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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