Target shares outstanding TGT
Diluted shares outstanding, averaged over each quarter, from 2008.
- Latest quarter, to Aug 1, 2026
- 456.6M
- On a year earlier
- +0.2%
- more shares
Target had 456.6M diluted shares outstanding on average in Q2 FY26, the quarter to Aug 1, 2026.
That is about the same as a year earlier.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 455.3M | −1% |
| FY2024 | 458.5M | −1% |
| FY2023 | 463.1M | +0% |
| FY2022 | 462.9M | −4% |
| FY2021 | 480.4M | −5% |
| FY2020 | 506M | −1% |
| FY2019 | 512M | −2% |
| FY2018 | 524.2M | −4% |
| FY2017 | 546.1M | −3% |
| FY2016 | 564.5M | −8% |
| FY2015 | 615.5M | −4% |
| FY2014 | 638M | −0% |
| FY2013 | 638.2M | −3% |
| FY2012 | 656.3M | −3% |
| FY2011 | 674.9M | −6% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 456.6M | +0% | |
| Q1 FY26 | 455.8M | −0% | |
| Q4 FY25 | 455.3M | −1% | |
| Q3 FY25 | 455.1M | −1% | |
| Q2 FY25 | 455.6M | −2% | |
| Q1 FY25 | 456.5M | −2% | |
| Q4 FY24 | 458.5M | −1% | |
| Q3 FY24 | 461.5M | −0% | |
| Q2 FY24 | 463.5M | +0% | |
| Q1 FY24 | 463.9M | +0% | |
| Q4 FY23 | 463.1M | +0% | |
| Q3 FY23 | 462.6M | +0% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Target
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.