Needham & Company LLC Issues Positive Forecast for Abercrombie & Fitch (NYSE:ANF) Stock Price

Posted by Brenda Bartman on Aug 27th, 2026

Abercrombie & Fitch (NYSE:ANF – Get Free Report) had its price target upped by equities researchers at Needham & Company LLC from $108.00 to $165.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the apparel retailer’s stock. Needham & Company LLC’s target price points to a potential upside of 11.16% from the stock’s current price.

Several other equities analysts also recently commented on the stock. BTIG Research upped their price objective on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. Jefferies Financial Group set a $175.00 target price on shares of Abercrombie & Fitch in a report on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a report on Tuesday, August 18th. Finally, Citigroup cut shares of Abercrombie & Fitch from a “buy” rating to a “neutral” rating in a report on Thursday. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $136.82.

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Abercrombie & Fitch Stock Up 36.3%

NYSE:ANF opened at $148.44 on Wednesday. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $154.58. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of 14.25 and a beta of 0.90. The stock’s 50 day moving average price is $99.62 and its two-hundred day moving average price is $91.60.

Abercrombie & Fitch (NYSE:ANF – Get Free Report) last posted its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period in the previous year, the firm earned $2.91 EPS. The firm’s 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 EPS for the current year.

Insider Buying and Selling at Abercrombie & Fitch

In other news, COO Scott D. Lipesky sold 10,000 shares of Abercrombie & Fitch stock in a transaction on 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 completion of the sale, the chief operating officer 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 30,000 shares of company stock worth $3,300,000 over the last three months. 2.33% of the stock is currently owned by company insiders.

Institutional Trading of Abercrombie & Fitch

Hedge funds and other institutional investors have recently bought and sold shares of the business. Transamerica Financial Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 322.0% during 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 during the period. Larson Financial Group LLC boosted its stake in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 148 shares during the period. Timbuktu Capital Management LLC bought a new stake in shares of Abercrombie & Fitch in the second quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch during the fourth quarter worth approximately $44,000. Finally, Nomura Asset Management Co. Ltd. grew 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 worth $44,000 after buying an additional 170 shares in the last quarter.

Key Abercrombie & Fitch News

Here are the key news stories impacting Abercrombie & Fitch this week:

Positive Sentiment: Second-quarter adjusted EPS was $4.17, well above the $1.99 analyst consensus, while revenue increased 4.8% year over year to $1.27 billion, topping expectations of $1.25 billion. Abercrombie & Fitch’s Stock Rises 10% On Strong Financial Results
Positive Sentiment: Management raised fiscal 2026 EPS guidance to $13.10-$13.60, versus prior sell-side expectations near $10.40-$10.65, and projected third-quarter EPS of $2.90-$3.20, above the $2.80 consensus. Full-year sales guidance was also raised, reflecting resilient apparel demand. Abercrombie raises full-year sales forecast on resilient apparel demand
Positive Sentiment: Abercrombie expects roughly $100 million in tariff refunds, including approximately $20 million in the third quarter. The refund materially boosted quarterly earnings and increased near-term cash-flow expectations. Abercrombie Stock Spikes After Reporting Tariff Refund
Positive Sentiment: The company increased its share-repurchase target, adding to the shareholder-return case. BTIG also raised its price target from $120 to $175 and maintained a Buy rating. Abercrombie beats expectations, lifts guidance and raises buyback target
Neutral Sentiment: Although management said the core business outperformed expectations beyond the tariff refund, investors may distinguish between recurring operating gains and the one-time benefit. International markets also remained comparatively weak. Abercrombie’s Tariff Refund and Business Performance

Abercrombie & Fitch Company Profile

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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.