Abercrombie & Fitch (NYSE:ANF – Get Free Report) had its target price raised by BTIG Research from $120.00 to $175.00 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the apparel retailer’s stock. BTIG Research’s target price indicates a potential upside of 21.97% from the stock’s previous close.
ANF has been the subject of several other reports. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a research report on Tuesday, August 18th. JPMorgan Chase & Co. raised their target price on Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a report on Tuesday, August 18th. Telsey Advisory Group lifted their price target on Abercrombie & Fitch from $115.00 to $118.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Morgan Stanley reissued an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a report on Monday, July 6th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $124.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, August 12th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.27.
Read Our Latest Research Report on ANF
Abercrombie & Fitch Price Performance
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last released its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the firm earned $2.91 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. Equities research analysts expect that Abercrombie & Fitch will post 10.65 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, COO Scott D. Lipesky sold 10,000 shares of Abercrombie & Fitch stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the sale, the chief operating officer directly owned 152,534 shares of the company’s stock, valued at approximately $17,541,410. This trade represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 30,000 shares of company stock valued at $3,300,000 in the last ninety days. 2.33% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Transamerica Financial Advisors LLC increased its holdings in Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 148 shares in the last quarter. Timbuktu Capital Management LLC purchased a new position in Abercrombie & Fitch in the 2nd quarter worth $29,000. Caitong International Asset Management Co. Ltd bought a new stake in Abercrombie & Fitch in the fourth quarter worth $44,000. Finally, Nomura Asset Management Co. Ltd. boosted its position in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after buying an additional 170 shares during the period.
Trending Headlines about Abercrombie & Fitch
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: Large earnings beat: Abercrombie reported adjusted earnings per share of $4.17, well above the roughly $1.99 analyst consensus. Revenue reached $1.27 billion, ahead of the $1.25 billion estimate and up 4.8% year over year. Abercrombie & Fitch earnings report
- Positive Sentiment: Raised full-year guidance: ANF now expects fiscal 2026 earnings per share of $13.10-$13.60, above the prior consensus near $10.40. Third-quarter EPS guidance of $2.90-$3.20 also exceeds the $2.80 estimate, while projected quarterly revenue of approximately $1.4 billion is above expectations. Abercrombie posts strong results and raises guidance
- Positive Sentiment: Tariff refund boosted the outlook: Reports cited a roughly $100 million tariff refund, providing a significant benefit to profitability and contributing to the stronger earnings outlook. Abercrombie tariff refund and raised guidance
- Positive Sentiment: Demand remains durable: Management said demand across its apparel brands and multiple geographies remained resilient, reinforcing investor confidence that consumers are still spending on clothing. Abercrombie raises sales forecast
- Neutral Sentiment: The stock’s sharp move followed an unusually high trading volume, suggesting strong investor repricing after the results but also heightened near-term volatility.
- Negative Sentiment: International markets remain comparatively weak, which could limit growth if that softness persists. In addition, part of the earnings improvement reflects the one-time tariff refund, making the underlying profit comparison important for investors.
About Abercrombie & Fitch
Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.
The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.
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