Shares Outstanding for Target (TGT)
According to Target's latest reported financial statements, the company's latest reported diluted shares outstanding is 455.10M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

TGT
Currently viewingShares OutstandingSwitch metric
Latest period
455.10M
YoY change
-1.3%
5Y CAGR
-2.1%
Peak year (1987)
1.14B
Latest annual
455.60M
Shares Outstanding history chart for Target (TGT) from 1985 to 2025
Shares Outstanding history table for Target (TGT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 455.60M | -1.3% | ||
| 2024 | 461.80M | -0.2% | ||
| 2023 | 462.80M | -0.4% | ||
| 2022 | 464.70M | -5.7% | ||
| 2021 | 492.70M | -2.5% | ||
| 2020 | 505.40M | -2.0% | ||
| 2019 | 515.60M | -3.3% | ||
| 2018 | 533.20M | -3.2% | ||
| 2017 | 550.85M | -5.4% | ||
| 2016 | 582.50M | -8.0% | ||
| 2015 | 632.90M | -1.1% | ||
| 2014 | 640.10M | -0.3% | ||
| 2013 | 641.80M | -3.2% | ||
| 2012 | 663.30M | -3.0% | ||
| 2011 | 683.90M | -6.2% | ||
| 2010 | 729.40M | -3.4% | ||
| 2009 | 754.80M | -2.4% | ||
| 2008 | 773.60M | -9.1% | ||
| 2007 | 850.80M | -2.0% | ||
| 2006 | 868.60M | -2.3% | ||
| 2005 | 889.20M | -2.5% | ||
| 2004 | 912.10M | -11.3% | ||
| 2003 | 1.03B | +12.4% | ||
| 2002 | 914.30M | -19.1% | ||
| 2001 | 1.13B | +23.8% | ||
| 2000 | 913.00M | -1.8% | ||
| 1999 | 930.08M | -0.5% | ||
| 1998 | 934.60M | +0.8% | ||
| 1997 | 927.40M | -3.9% | ||
| 1996 | 964.58M | +2.4% | ||
| 1995 | 942.42M | -0.1% | ||
| 1994 | 943.48M | +0.6% | ||
| 1993 | 937.50M | -2.1% | ||
| 1992 | 957.50M | -1.4% | ||
| 1991 | 970.97M | +1.8% | ||
| 1990 | 953.49M | +4.7% | ||
| 1989 | 911.11M | -7.9% | ||
| 1988 | 989.66M | -13.3% | ||
| 1987 | 1.14B | +2.2% | ||
| 1986 | 1.12B | -1.5% | ||
| 1985 | 1.13B | — |
Shares Outstanding values are taken from Target's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual diluted shares outstanding for Target (TGT) came in at 455.60M – edged down 1.3% year-over-year.
Over 2020–2025 (5 years), Target diluted shares outstanding expanded at a -2.1% compound annual rate, with a net decline across the window.
Between 1987 and 2025, Target diluted shares outstanding plunged 60.1%, falling from 1.14B to 455.60M.
1.14B stands as the all-time-high annual diluted shares outstanding, posted in 1987, against a low of 455.60M during 2025.
Among 8 Consumer Defensive peers, Target (TGT) ranks 8th; the peer median for diluted shares outstanding is 1.62B.
Target Shares Outstanding by Year
Target Shares Outstanding 2025: 455.60M
Target diluted shares outstanding in 2025 was 455.60M, edged down 1.3% below 2024. This figure represents the lowest annual value in the available history.
Target Shares Outstanding 2024: 461.80M
Target diluted shares outstanding in 2024 was 461.80M, edged down 0.2% below 2023.
Target Shares Outstanding 2023: 462.80M
Target diluted shares outstanding in 2023 was 462.80M, edged down 0.4% below 2022.
Target Shares Outstanding 2022: 464.70M
Target diluted shares outstanding in 2022 was 464.70M, declined 5.7% below 2021.
Target Shares Outstanding 2021: 492.70M
Target diluted shares outstanding in 2021 was 492.70M.
See more financial history for Target (TGT).
Sector peers — Shares Outstanding
Companies in the same sector as Target, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Walmart Inc. (WMT) | 8.02B | Consumer Defensive |
| The Coca-Cola Company (KO) | 4.31B | Consumer Defensive |
| The Procter & Gamble Company (PG) | 2.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | 1.68B | Consumer Defensive |
| Philip Morris International Inc. (PM) | 1.56B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | 1.37B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | 984.45M | Consumer Defensive |
| Costco Wholesale Corporation (COST) | 444.80M | Consumer Defensive |
Frequently asked questions
What is Target's diluted shares outstanding?
- Latest reported diluted shares outstanding for Target (TGT) is 455.10M (period ending January 31, 2026).
How has Target diluted shares outstanding changed year-over-year?
- Target (TGT) diluted shares outstanding changed -1.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Target diluted shares outstanding?
- Target (TGT) diluted shares outstanding compound annual growth rate is -2.1% over the most recent 5 years available.
When did Target diluted shares outstanding hit its highest annual value?
- Target diluted shares outstanding reached its highest annual value of 1.14B in 1987.
What was Target diluted shares outstanding in 2024?
- Target (TGT) diluted shares outstanding in 2024 was 461.80M.
What was Target diluted shares outstanding in 2025?
- Target (TGT) diluted shares outstanding in 2025 was 455.60M.
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