Wells Fargo & Company Reaffirms Equal Weight Rating for GAP (NYSE:GAP)

Posted by Brian Himes on Aug 7th, 2026

GAP (NYSE:GAP – Get Free Report)‘s stock had its “equal weight” rating reaffirmed by Wells Fargo & Company in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $22.00 target price on the stock, down from their previous target price of $26.00. Wells Fargo & Company‘s target price suggests a potential upside of 7.12% from the stock’s previous close.

Other research analysts have also issued reports about the company. BTIG Research set a $26.00 price objective on GAP in a research report on Thursday, July 30th. Jefferies Financial Group cut their target price on GAP from $32.00 to $29.00 and set a “buy” rating on the stock in a research report on Friday, May 29th. Weiss Ratings cut GAP from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 28th. Barclays dropped their price target on GAP from $33.00 to $26.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $27.00 price target (down from $35.00) on shares of GAP in a report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, GAP currently has a consensus rating of “Moderate Buy” and an average price target of $27.57.

Read Our Latest Research Report on GAP

GAP Stock Down 0.2%

Shares of NYSE GAP opened at $20.54 on Friday. The company’s 50 day moving average price is $20.31 and its 200-day moving average price is $23.63. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.08 and a current ratio of 1.81. GAP has a 52-week low of $18.11 and a 52-week high of $29.36. The company has a market capitalization of $7.39 billion, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 1.21 and a beta of 2.05.

GAP (NYSE:GAP – Get Free Report) last announced its earnings results 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 the consensus estimate of $3.52 billion. GAP had a return on equity of 21.13% and a net margin of 6.25%.GAP’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.51 EPS. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts forecast that GAP will post 2.34 earnings per share for the current year.

Hedge Funds Weigh In On GAP

A number of large investors have recently modified their holdings of GAP. LSV Asset Management lifted its position in GAP by 3.6% in the 4th 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 in the last quarter. Miller Howard Investments Inc. NY increased its holdings in GAP by 112.2% during the 1st quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company’s stock worth $41,237,000 after purchasing an additional 900,855 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of GAP by 13.0% in the fourth quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock worth $81,816,000 after purchasing an additional 368,191 shares during the last quarter. Quent Capital LLC raised its stake in shares of GAP by 1,900.2% in the fourth quarter. Quent Capital LLC now owns 21,202 shares of the company’s stock worth $543,000 after purchasing an additional 20,142 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of GAP in the fourth quarter valued at approximately $4,801,000. 58.81% of the stock is currently owned by institutional investors.

GAP Company Profile

(Get Free Report)

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.