Is Target the best value play of the year?

u/NoMilk2281 · Reddit — r/ValueInvesting · February 06, 2026 at 00:32 · 💬 13 comments  | View on Reddit ↗
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Author argues Target may be the best value play of the year given its low P/E, revenue turnaround efforts, and growth potential versus Walmart.

TGT — LONG The author argues Target is a strong value play with $100B in annual revenue trading at a P/E of 13, despite recent revenue declines. They see the end of the Ulta partnership in August as positive because it lets Target expand its own beauty department, as shown by adding 3,000 products, and note significant growth runway versus Walmart's $400B+ US revenue. The stated risk is Target's elevated debt of around $15 billion.

100B a year in revenue while only trading at a p/e of 13.

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u/NoMilk2281 Reddit r/ValueInvesting
Target cheap at 13x with beauty turnaround
The author argues Target is a strong value play with $100B in annual revenue trading at a P/E of 13, despite recent revenue declines. They see the end of the Ulta partnership in August as positive because it lets Target expand its own beauty department, as shown by adding 3,000 products, and note significant growth runway versus Walmart's $400B+ US revenue. The stated risk is Target's elevated debt of around $15 billion.
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This Reddit post, published February 06, 2026, features u/NoMilk2281 discussing TGT. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/NoMilk2281  · Tickers: TGT