Dollar Tree’s Stock Price (DLTR) Gains Into Earnings – What To Expect

Dollar Tree's stock price (NASDAQ: DLTR) has been making bullish moves ahead of earnings, up 8.07% on the month as it prepares to release its Q3 2026 earnings before the opening bell. The market is keenly awaiting insights into how the discount retailer is navigating inflationary pressures, tariff implications, and a recent leadership transition.

Analysts are projecting earnings per share (EPS) of $1.08 and revenue of $4.69 billion for the quarter. These estimates come against a backdrop of mixed signals, including strong sales growth reported in the second quarter, tempered by concerns over rising costs and increased competition.

Year on year, revenue is expected to have slowed by 38%, with the EPS also coming in slightly below the $1.12 printed this time last year. Revenue for FY27 is currently expected to grow mid single digits at 6.23%.

DLTR's stock has demonstrated considerable volatility over the past year. The 52-week range spans from a low of $61.80 to a high of $118.06,  with the stock an impressive 50% higher on the year. Currently, the stock price sits above both its 50-day ($98.33) and 200-day ($93.01) Simple Moving Averages (SMAs), suggesting the bullish trend remains in tact

Recent Developments Shaping Sentiment

Dollar Tree's recent history has been marked by significant events influencing its stock performance. The second quarter 2025 financial results revealed a revenue of $4.57 billion, exceeding expectations. EPS also improved year-over-year, reaching $0.77. However, the company's warning about the impact of tariff-related costs on future earnings triggered an 8% decline in share value. This highlights the significant impact of global trade dynamics on Dollar Tree's profitability.

The unexpected announcement of Rick Dreiling stepping down as CEO due to health reasons, with Michael C. Creedon Jr. appointed as interim CEO, also stirred the markets. Initially, the stock reacted positively to the leadership change, indicating investor confidence in Creedon's capabilities.

Price Targets

Analyst opinions on Dollar Tree are currently divided. Guggenheim lowered its price target from $130 to $125. Jefferies downgraded DLTR from “Hold” to “Underperform,” slashing its price target from $110 to $70, citing inflation, tariffs, and competition from Walmart as key concerns. These downgrades reflect broader anxieties about the company's ability to maintain profitability in a challenging economic environment.

Dollar Tree's Q3 2026 earnings release will be a crucial test after a solid year of outperformance. Markets will be closely scrutinizing the earnings report and management's commentary for insights into the company's future prospects, with the stock likely to take a cue from the guidance.