Ross Stores, Inc. (ROST) earnings on May 21, 2026
More Ross Stores, Inc. earnings
Prior outlook: Optimistic Outcome: Accurate
Ross Stores rallied significantly after reporting better-than-expected first-quarter results. The stock price rose sharply, confirming positive expectations before the announcement.
ROST price around the earnings
234.00
Change: +7.7%
2026-05-22, 23:58 UTC
- 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
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
Optimistic outlook, but price weak
Analysts are optimistic with a perfect earnings beat history and 11% upside target. However, recent price momentum is negative, creating a balanced risk-reward.
Context analyzed before publication
- Summary
- Optimistic outlook, but price weak
- Reasoning
- Analysts are optimistic with a strong recent earnings beat history and an 11% price target above current levels. However, recent price momentum is negative, creating a balanced risk-reward.
- Playbook
- A long-term perspective is optimistic, but short-term momentum is negative. The scenario suggests waiting for a better reference area.
- Trend
- Expert sentiment stable, slightly positive
Analysts
Drivers
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Analysts
Positive
Strong buy consensus with a $241 target, and recent positive revisions.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.63
- Analysts covering the stock
- 17
- Average price target
- 241.24
- Lowest price target
- 158
- Highest price target
- 290
- Upside to price target
- 11.1%
- Quarterly earnings growth
- 10.1%
- Revenue growth
- 12.2%
- Forward EPS
- 8.2
- Trailing EPS
- 6.62
- Analyst moves in the last 60 days
- 5
- Strong buy: 2
- Buy: 13
- Hold: 3
- Sell: 1
- Strong sell: 0
- Strong buy
- 2
- Buy
- 13
- Hold
- 3
- Sell
- 1
- Strong sell
- 0
- May 18, 2026 · UBS: Maintains rating (Neutral → Neutral)
- May 18, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- May 18, 2026 · Truist Securities: Initiates coverage (Buy → Buy)
- May 12, 2026 · Citigroup: Maintains rating (Buy → Buy)
- March 26, 2026 · Telsey Advisory Group: Maintains rating (Outperform → Outperform)
News and sentiment
Drivers
-
News & sentiment
Positive
News headlines indicate analysts are raising forecasts ahead of earnings, suggesting positive expectations.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- Ross Stores Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call — Benzinga
- UBS Maintains Neutral on Ross Stores, Raises Price Target to $227 — Benzinga
- JP Morgan Maintains Overweight on Ross Stores, Raises Price Target to $251 — Benzinga
- This Ross Stores Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday — Benzinga
- Truist Securities Initiates Coverage On Ross Stores with Buy Rating, Announces Price Target of $270 — Benzinga
- Citigroup Maintains Buy on Ross Stores, Raises Price Target to $261 — Benzinga
Technicals
Drivers
-
Technical
Negative
Negative momentum: down 4.4% in 14 days and 2.7% in 30 days. Market review below support at $217.43.
Evidence
- Average true range (ATR)
- 2.5%
- Distance to 52-week high
- -6.0%
- 14-day change (14d)
- -4.4%
- 30-day change (30d)
- -2.6%
- 30-day relative strength
- -2.6%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 217.43
- Nearest resistance
- 219.39
- Volume accumulation ratio (14d / 46d)
- 2.95
Trends
Evidence
- Average earnings surprise
- +4.7%
- March 3, 2026: actual EPS 2 vs estimate 1.91 (surprise +4.9%)
- November 20, 2025: actual EPS 1.58 vs estimate 1.42 (surprise +10.9%)
- August 21, 2025: actual EPS 1.56 vs estimate 1.54 (surprise +1.4%)
- May 22, 2025: actual EPS 1.47 vs estimate 1.45 (surprise +1.4%)
Expected move
Drivers
-
Past earnings
Positive
A strong recent beat rate of 100% with an average surprise of 4.7%, showing consistent execution.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 5.1%
- 75th percentile move
- 8%
- 90th percentile move
- 9.8%
- Up / down moves
- 12 / 7
- Average up move
- +5.0%
- Average down move
- -6.2%
Monitoring and close
What Ross Stores, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +8.1%
- Max favorable move (MFE)
- 9.6%
- Max adverse move (MAE)
- 0.2%