Lowe’s stock price hit after cautious 2026 outlook: LOW slides, housing jitters grow
Lowe’s shares dropped 5.6% to $263.02 Wednesday after the company forecast 2026 sales of $92 billion to $94 billion with flat to 2% comparable sales growth. Fourth-quarter sales reached $20.6 billion, up 1.3% on a comparable basis. Investors are watching mortgage rates and housing turnover for signals on spring demand. Home Depot also issued a cautious outlook for 2026.