TGT’s worst drop since 1999 was 64%
Target Corporation (TGT) fell 64% from Nov 2021 to Nov 2025. It has not closed above that Nov 2021 peak since, 4.9 years later. Over the same years the S&P 500 fell as much as 55%.
That drop is milder than most. It ranks 659th of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 1999 to now
How TGT held up in each crash
| Crash | Years | TGT | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −42.6% | −47.5% |
| Financial crisis | 2007–09 | −63.0% | −55.2% |
| COVID crash | 2020 | −27.4% | −33.7% |
| 2022 rate shock | 2022 | −43.9% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how TGT behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
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What was TGT’s maximum drawdown?
TGT’s deepest fall since 1999 was 64.4%, from its high on November 16, 2021 to its low on November 20, 2025. The figure uses daily prices with dividends reinvested.
How long did TGT take to recover?
It has not recovered yet. As of October 13, 2026 it sits 33.6% below that Nov 2021 high.
Was TGT riskier than the S&P 500?
Over the same years, TGT’s worst drop was 64.4% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −50.4% against −47.4%.
Compare with
Daily adjusted closes from Yahoo Finance, January 5, 1999 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.