LOW's Market Cap Increases by $7.5 Billion: Wall Street's Upside Outlook

Lowe’s Companies, Inc. (NYSE: LOW), the U.S. home‐improvement retailer, saw its shares surge 5.2% on the New York Stock Exchange to close at $243.66. In a single day, its market capitalization rose by roughly $7.5 billion (about KRW 10 trillion), expanding to $136.4 billion (approximately KRW 180 trillion), with trading volume totaling 1.29 million shares. (marketbeat.com)

According to an international report released today, the Lowe’s Foundation plans to invest $250 million through 2035 to expand its skilled‐trades training program to 250,000 participants. Based on this initiative, the company has outlined a growth scenario targeting $100.5 billion in revenue and $8.1 billion in net income by 2029. Meanwhile, the consensus among 30 Wall Street analysts is an “overweight” rating with an average price target of $289.24—implying roughly 19% upside from current levels. (simplywall.st)

Founded in 1921, Lowe’s is the second‐largest home‐improvement chain in both the U.S. and the world. In 2024, the retailer generated $83.7 billion in sales and $6.9 billion in net income. Recently, it has streamlined operations outside North America and is set to acquire Foundation Building Materials—a distributor of construction supplies—for about $8.8 billion in 2025, bolstering its professional and contractor‐focused business. (en.wikipedia.org)