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Ross Stores Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga Earnings08-20 18:25

Ross Stores, Inc. (NASDAQ:ROST) will release its second earnings report after the closing bell on Thursday, Aug. 20.

Analysts expect the Dublin, California-based company to report quarterly earnings of $1.94 per share, up from $1.56 per share in the year-ago period. The consensus estimate for ROST’s quarterly revenue is $6.15 billion. It reported $5.53 billion last year, according to Benzinga Pro.

Ross Stores announced the opening of 47 new stores nationwide during June and July.

Ross Stores shares fell 0.7% to close at $234.69 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Evercore ISI Group analyst Michael Binetti maintained an Outperform rating and raised the price target from $265 to $276 on Aug. 17, 2026. This analyst has an accuracy rate of 67%.
  • Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating and raised the price target from $265 to $280 on Aug. 14, 2026. This analyst has an accuracy rate of 65%.
  • Wells Fargo analyst Ike Boruchow downgraded the stock from Overweight to Equal-Weight with a price target of $245 on June 23, 2026. This analyst has an accuracy rate of 72%.
  • Barclays analyst Adrienne Yih maintained an Overweight rating and raised the price target from $242 to $260 on May 26, 2026. This analyst has an accuracy rate of 68%.
  • UBS analyst Jay Sole maintained a Neutral rating and increased the price target from $227 to $232 on May 22, 2026. This analyst has an accuracy rate of 67%.

Considering buying ROST stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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