UBS raises target to USD 315 for Ross Stores stock

Published on 10/26/2026 at 17:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ross Stores opened 51 stores on October 12, 2026. Ross Stores stock costs EUR 210.68 on October 26, 2026, up 0.49 percent versus Frankfurt close.

UBS target and trading levels

UBS raised its Ross Stores target from USD 239.00 to USD 315.00 on October 26, 2026.
Ross Stores opened 51 locations across 17 states in September and October 2026.
Ross Stores stock costs EUR 210.68 at Lang & Schwarz on October 26, 2026 at 5:07 p.m. CEST, 0.49 percent above the Frankfurt close of October 23, 2026.

Ross Stores, US7782961038, Illustration mit AI erstellt.

UBS upgraded Ross Stores from Neutral to Buy and raised its price target from USD 239.00 to USD 315.00 on October 26, 2026, according to CNBC. The bank said stronger productivity under CEO James Conroy could support further same-store sales growth. Ross Stores was trading at EUR 210.68 at Lang & Schwarz on October 26, 2026 at 5:07 p.m. CEST, 0.49 percent above the Frankfurt close of October 23, 2026 at EUR 209.65.

UBS sees a 37.38 percent gap

Ross Stores closed at USD 229.30 on Nasdaq on October 23, 2026. Against that home-market price, UBS's USD 315.00 target stands 37.38 percent above the close, calculated from the two stated values. CNBC reported that UBS expects Ross Stores to narrow part of its productivity gap with TJ Maxx through merchandising, marketing and store operations.

51 new locations complete the plan

The retailer opened 41 Ross Dress for Less stores and 10 dd's Discounts stores across 17 states in September and October. Retail Dive reported on October 12, 2026 that the openings completed Ross Stores' fiscal year 2026 plan for 115 new locations. The total footprint reached 2,377 locations across 45 states, the District of Columbia, Guam and Puerto Rico.

What comes before the next report?

Ross Stores is scheduled to report third-quarter fiscal 2026 results on November 19, 2026, after the market closes, with a conference call scheduled for 4:15 p.m. ET, according to MarketBeat. The page lists consensus estimates of USD 1.84 earnings per share and USD 6.20 billion in revenue for the quarter. The previous-year comparison is USD 1.58 per share and USD 5.60 billion in revenue.

Trading levels after the Xetra close

Ross Stores' USD 156.41 to USD 257.00 52-week range was reported for October 24, 2025 through October 23, 2026, leaving the Nasdaq close of USD 229.30 10.78 percent below the high. The stock's market capitalization was USD 73.25 billion at the October 23 close, while trading volume was 1,875,200 shares. Its trailing price-to-earnings ratio was 27.73 and its annual dividend yield was 0.74 percent.

For investors, the immediate test is whether the productivity argument can translate into the revenue and earnings estimates attached to the November report. The current euro quotation is only modestly above the Frankfurt close, so the UBS target remains the stronger market reference than the daily move.

Ross Stores was trading at EUR 210.68 at Lang & Schwarz on October 26, 2026 at 5:07 p.m. CEST, 0.49 percent above the Frankfurt close of October 23, 2026 at EUR 209.65. The further course of trading is shown by the continuously updated real-time quote of Ross Stores stock.