GAP (NYSE:GAP – Get Free Report) had its target price reduced by stock analysts at Wells Fargo & Company from $30.00 to $26.00 in a report released on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 25.39% from the company’s current price.
A number of other analysts have also weighed in on GAP. Telsey Advisory Group increased their price objective on GAP from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. restated a “neutral” rating and issued a $27.00 target price (down from $35.00) on shares of GAP in a report on Friday. Citigroup raised their target price on shares of GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Weiss Ratings upgraded shares of GAP from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. Finally, Evercore set a $20.00 target price on shares of GAP and gave the stock an “in-line” rating in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, GAP currently has an average rating of “Moderate Buy” and a consensus price target of $28.86.
Check Out Our Latest Stock Analysis on GAP
GAP Price Performance
GAP (NYSE:GAP – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.52 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 earnings per share. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. Equities research analysts forecast that GAP will post 2.29 EPS for the current year.
Insider Activity at GAP
In other GAP news, insider Julie Gruber sold 5,302 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $27.00, for a total value of $143,154.00. Following the sale, the insider directly owned 58,414 shares of the company’s stock, valued at approximately $1,577,178. The trade was a 8.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Eric Kayen Chan sold 13,377 shares of the business’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $26.18, for a total value of $350,209.86. Following the completion of the sale, the insider directly owned 21,967 shares in the company, valued at $575,096.06. This trade represents a 37.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 923,098 shares of company stock valued at $22,648,158 over the last ninety days. Insiders own 31.00% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. LSV Asset Management increased its position in GAP by 3.6% during the fourth quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock valued at $88,645,000 after acquiring an additional 121,001 shares during the last quarter. Quantbot Technologies LP purchased a new stake in GAP during the third quarter valued at $1,845,000. Quent Capital LLC increased its position in GAP by 1,900.2% during the fourth quarter. Quent Capital LLC now owns 21,202 shares of the company’s stock valued at $543,000 after acquiring an additional 20,142 shares during the last quarter. Miller Howard Investments Inc. NY purchased a new stake in GAP during the fourth quarter valued at $20,561,000. Finally, Neo Ivy Capital Management purchased a new stake in GAP in the third quarter worth about $3,555,000. 58.81% of the stock is owned by institutional investors.
Key Headlines Impacting GAP
Here are the key news stories impacting GAP this week:
- Positive Sentiment: Gap posted first-quarter EPS of $0.38, and the company said comparable sales rose 2% for a ninth straight quarter, with gross margin of 40.5% topping its outlook. It also raised full-year EPS guidance and returned $464 million to shareholders through buybacks and dividends. Article Title
- Positive Sentiment: Several analysts kept bullish views despite trimming price targets, including Barclays, Goldman Sachs, and BTIG, suggesting some upside remains from current levels. Article Title
- Neutral Sentiment: The company’s flagship Gap brand continued to perform well, but investors are waiting to see whether that strength can offset weakness at other banners. Article Title
- Negative Sentiment: Gap missed consensus on revenue and EPS, and management cut its full-year sales outlook after weaker-than-expected performance at Old Navy and Athleta. Article Title
- Negative Sentiment: Reuters reported the shares fell sharply in premarket trading as weak apparel demand and constrained consumer spending weighed on the broader sector. Article Title
GAP Company Profile
Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.
Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.
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