Target Stock Crash: Shares Dive to Multi-Year Lows Amid CEO Shakeup and Retail Woes
Target shares closed at $94 on Oct. 22, down about 35% year-to-date and near a multi-year low. Q2 2025 sales fell 0.9% to $25.2 billion, with GAAP EPS dropping to $2.05 from $2.57. CEO Brian Cornell will step down Feb. 1, 2026, to be succeeded by COO Michael Fiddelke. The dividend yield stands at 4.8%, while analysts maintain a “hold” rating.
