Citi raises Tractor Supply target to USD 38 for Tractor Supply stock

Published on 10/15/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tractor Supply reported USD 4.54 billion of second-quarter revenue, up 2.30 percent. Tractor Supply stock trades at EUR 29.44 on October 15, 2026.

Targets and operating signals

Citi raised its Tractor Supply target from USD 37 to USD 38 on October 13, 2026.
Second-quarter revenue reached USD 4.54 billion, up 2.30 percent year over year.
Tractor Supply stock trades at EUR 29.44 at 12:21 p.m. CEST at Lang & Schwarz on October 15, 2026.

TSCO, US8923561067, Illustration mit AI erstellt.

Tractor Supply Company (ISIN US8923561067) carries a new USD 38 price target from Citi, up from USD 37, after a third-quarter earnings preview. Markets Insider reported the change on October 13, 2026, while the next results date gives investors a near-term test of that valuation.

Target rises before quarterly results

Citi kept a Buy rating while lifting its target from USD 37 to USD 38. The note was part of a hardlines retail earnings preview, so the target change arrives before Tractor Supply reports its third-quarter figures.

The scheduled report is due before the market opens on October 22, 2026, with a conference call at 10:00 a.m. ET, according to MarketBeat. That date is the next concrete catalyst in the current valuation debate.

What did the second quarter show?

Second-quarter revenue rose 2.30 percent year over year to USD 4.54 billion, while reported earnings per share came in at USD 0.81 against a USD 0.82 consensus estimate. MarketBeat said the revenue result was 2.30 percent higher than a year earlier, but the earnings result missed the estimate by USD 0.01.

The operating picture still depends on store expansion and customer demand. Tractor Supply said it operated 2,463 Tractor Supply stores and 209 Petsense stores as of June 27, 2026, according to its investor-relations page.

Three dated TSCO events

On July 23, 2026, Tractor Supply reported USD 4.54 billion of second-quarter revenue and USD 0.81 of earnings per share. On October 7, 2026, Zacks Research upgraded the stock from Strong Sell to Hold and cited a USD 39.31 consensus target, according to MarketBeat. On October 13, 2026, Citi raised its target to USD 38 from USD 37.

Next reporting date is October 22, 2026

The next scheduled event is Tractor Supply's third-quarter report before the market opens on October 22, 2026. The company operates a rural lifestyle retail network serving farmers, ranchers, pet owners, gardeners and do-it-yourself customers across the United States.

Stock quote on October 15

For investors, the key tension is visible in the gap between modest second-quarter revenue growth and the small earnings shortfall. Tractor Supply stock was trading at EUR 29.44 at Lang & Schwarz on October 15, 2026 at 12:21 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Tractor Supply stock.