Lowe's Companies, Inc. (LOW) earnings on August 19, 2026

Before the market opens Q2 2026

More Lowe's Companies, Inc. earnings

Prior outlook: Optimistic Outcome: Accurate

Lowe's shares rose after earnings, closing up 2.35%. The market reacted positively to better-than-expected sales, even though the company's outlook for the rest of the year was cautious.

LOW price around the earnings

220.00

Change: +2.0%

2026-08-19, 20:00 UTC

Start of the measured window End of the measured window
207.67 213.68 219.70 225.71 215.64
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 19, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Accurate

Thesis published
Results released

Optimistic outlook, but trend cooling

Analysts see an optimistic outlook: strong analyst support and a strong earnings history, but the recent price trend has cooled after a strong run-up. The crowd is extremely optimistic, which could be a caution flag.

Context analyzed before publication

Summary
Optimistic outlook, but trend cooling
Playbook
The stock has strong analyst backing and a strong recent earnings record, but recent price trend strength is slightly negative. The crowd is extremely optimistic.
Trend
Outlook stabilized after prior run-up

Analysts

Drivers

  • Analysts Positive

    Strong analyst conviction with a mean buy rating of 1.80 and a price target about 21.1% above the current price.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.8
Analysts covering the stock
33
Average price target
261.06
Lowest price target
202
Highest price target
300
Upside to price target
21.1%
Quarterly earnings growth
-0.8%
Revenue growth
10.3%
Forward EPS
13.41
Trailing EPS
11.82
Analyst moves in the last 60 days
0
  • Strong buy: 5
  • Buy: 19
  • Hold: 10
  • Sell: 0
  • Strong sell: 1
Strong buy
5
Buy
19
Hold
10
Sell
0
Strong sell
1

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (4)

Technicals

Drivers

  • Technical Neutral

    Recent 14-day trend strength is slightly negative, indicating a cooling trend after prior gains.

Evidence

Price when the context was analyzed
215.73
Average true range (ATR)
2.3%
Distance to 52-week high
-24.1%
14-day change (14d)
-1.1%
30-day change (32d)
+3.4%
30-day relative strength
+0.1%
SPY change (32d)
+3.2%
Nearest support
214.74
Distance to nearest support
0.5%
Nearest resistance
216.15
Distance to nearest resistance
0.2%
Volume accumulation ratio (14d / 46d)
0.92
  • Mid: 214.74 (0.5% away, 0.2 ATR, 24 touches)
  • Major: 213.79 (0.9% away, 0.39 ATR, 20 touches)
  • Mid: 212.05 (1.7% away, 0.75 ATR, 14 touches)
  • Major: 216.15 (0.2% away, 0.09 ATR, 39 touches)
  • Mid: 217.28 (0.7% away, 0.31 ATR, 20 touches)
  • Major: 218.44 (1.3% away, 0.55 ATR, 43 touches)

Trends

Evidence

Average earnings surprise
+2.5%
  • May 20, 2026: actual EPS 3.03 vs estimate 2.97 (surprise +2.1%)
  • February 25, 2026: actual EPS 1.98 vs estimate 1.94 (surprise +1.9%)
  • November 19, 2025: actual EPS 3.06 vs estimate 2.95 (surprise +3.6%)
  • August 20, 2025: actual EPS 4.33 vs estimate 4.24 (surprise +2.2%)

Expected move

Drivers

  • Past earnings Positive

    Consistent 100% earnings beat rate with an average surprise of +2.5% historically.

Implied move
+3.7%
Source
Options chain

Reactions over its last 20 earnings

Median move
1.9%
75th percentile move
4.2%
90th percentile move
5.6%
Up / down moves
12 / 8
Average up move
+2.4%
Average down move
-3.6%

Monitoring and close

What Lowe's Companies, Inc. reported

Status
Finished
Actual EPS4.4
EPS estimate4.22
EPS surprise+4.3%
Revenue$25,956 million
Revenue estimate$26,155 million
Revenue surprise-0.8%

Lowe's reported mixed Q2 results, beating estimates but cutting full-year forecasts. Shares rose, yet the outlook remains pessimistic amid pressure on discretionary spending.

Sources (26)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on earnings but not on revenue, and the price is indicating -3.2% pre-market, a move above the stock's usual reaction (about 2%). The figures overturn the prior optimistic scenario. In the 721 similar cases in our market history, the close held that direction 87% of the time.

How the stock reacted

Outcome
Accurate
Consolidated
+2.4%
Max favorable move (MFE)
4.7%
Max adverse move (MAE)
3.7%