Why is Target stock down so much?
Target (NYSE: TGT) continues to struggle to win over investors. Business and political challenges have weighed on the stock. Consequently, it is down by about two-thirds from its November 2021 record high, and over the last five years, it dropped in value even as total returns from the S&P 500 more than doubled. Target has seen its market value shrink by $12. DEI) commitments. The decline, which hit hard in late February 2025, coincided with a steep drop in the company’s stock price.The company faced backlash after a rollback of its DEI initiatives prompted a boycott that slowed store traffic nationwide, one of the factors that pushed CEO Brian Cornell to step down. Now, Target is scrambling to reset its image.Target has been the focus of a nationwide boycott initially sparked by activists in the chain’s home state of Minneapolis and led by Black faith groups, Georgia pastor Jamal Bryant and Rev. Al Sharpton, activists across the country, and consumers.The People’s Union USA is leading national boycotts against Amazon, Target. Walmart, Disney and Ben & Jerry’s. The People’s Union has said in the past that making sure companies serve communities with equal opportunity hiring policies and DEI is a major goal of all their protests.Target has reported declining comparable sales in five of the past eight quarters. Foot traffic to its stores also fell by more than 3% in the second quarter compared to the same period last year, according to Placer. But not everyone is counting Target out yet.
Has Target lost money because of the boycott?
Target has lost $12. Diversity, Equity, and Inclusion. This massive financial hit happened almost overnight and sent shockwaves through the company’s leadership. Target has been the focus of a nationwide boycott initially sparked by activists in the chain’s home state of Minneapolis and led by Black faith groups, Georgia pastor Jamal Bryant and Rev. Al Sharpton, activists across the country, and consumers.Target tends to lean more towards “new” or “trendy” styles and items, which may appeal better to younger customers, as well as older ones. Target is also known to have a larger variety of items, instead of just basic stuff you’d normally see at a retail store.Target is also striking out with shoppers who are leaving their once-beloved “Tar-zhay” for retailers that are perceived to have lower prices and better items, the Journal reported, citing internal data and former and current executives.
How much is Target worth in 2025?
Target net worth as of October 17, 2025 is $41. B. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. In July 2023, as shoppers feeling pinched by inflation curtailed their spending, Target said its comparable sales declined for the first time in six years. Its sales continued to languish as customers defected to Walmart and off-price department store chains like TJ Maxx in search of lower prices.Based on 25 Wall Street analysts offering 12 month price targets for Target in the last 3 months. The average price target is $102. The average price target represents a 19.Target has seen its market value shrink by $12. DEI) commitments. The decline, which hit hard in late February 2025, coincided with a steep drop in the company’s stock price.
Why are people boycotting Target?
The company faced backlash after a rollback of its DEI initiatives prompted a boycott that slowed store traffic nationwide, one of the factors that pushed CEO Brian Cornell to step down. Now, Target is scrambling to reset its image. Now Target is scrambling to reset its image and strategy. We’re joined now by Pastor Jamal Bryant of New Birth Missionary Baptist Church in Georgia, who spearheaded that boycott.In 2021, the company pledged to dedicate more than $2 billion toward Black-owned businesses before the end of 2025. In January, however, Target said it would conclude the hiring and advancement goals it had set. For boycott organizers, a reversal of those decisions is the only way to rectify the situation.
Is Target struggling financially?
In fact, Target’s margins in Q2 remain around historical lows, as operating income dropped 19% to $1. So, anywhere you look, Target appears to be a struggling business, with no sign of improvement. Target has reported flat or declining comparable sales — those from established physical stores and online channels — in nine out of the past 11 quarters. On Wednesday, the company said comparable sales dipped 1.
Is Target struggling in 2025?
Key Takeaways. Target Corp. TGT) stock has plummeted 33% since the rollback of diversity, equity, and inclusion (DEI) initiatives, wiping out over $20 billion in shareholder value by mid-September 2025. Valuation metrics show that Target Corporation may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of TGT, demonstrate its potential to outperform the market. It currently has a Growth Score of B.