Q1 Earnings Estimate for Stitch Fix Issued By Zacks Research

Stitch Fix, Inc. (NASDAQ:SFIX) – Zacks Research decreased their Q1 2027 earnings per share (EPS) estimates for shares of Stitch Fix in a research report issued to clients and investors on Wednesday, October 14th. Zacks Research analyst Team now anticipates that the company will earn ($0.06) per share for the quarter, down from their prior forecast of ($0.04). The consensus estimate for Stitch Fix’s current full-year earnings is ($0.14) per share. Zacks Research also issued estimates for Stitch Fix’s Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at ($0.02) EPS, Q4 2027 earnings at ($0.03) EPS, FY2027 earnings at ($0.14) EPS, Q1 2028 earnings at ($0.04) EPS, Q4 2028 earnings at ($0.02) EPS and FY2028 earnings at ($0.08) EPS.

SFIX has been the subject of a number of other research reports. UBS Group decreased their target price on shares of Stitch Fix from $4.00 to $3.50 and set a “neutral” rating for the company in a research report on Thursday, September 24th. Weiss Ratings upgraded shares of Stitch Fix from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 9th. Mizuho raised shares of Stitch Fix from an “underperform” rating to a “neutral” rating and cut their price target for the stock from $3.00 to $2.50 in a research report on Tuesday, September 29th. Sanford C. Bernstein reissued a “market perform” rating and set a $4.00 price target on shares of Stitch Fix in a research report on Thursday, September 24th. Finally, Telsey Advisory Group reduced their price objective on shares of Stitch Fix from $5.00 to $3.00 and set a “market perform” rating for the company in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Stitch Fix has an average rating of “Hold” and an average target price of $3.40.

Stitch Fix Price Performance

Shares of SFIX stock opened at $2.56 on Friday. The company’s fifty day simple moving average is $2.99 and its 200-day simple moving average is $3.45. Stitch Fix has a 12 month low of $2.10 and a 12 month high of $5.74.

Stitch Fix (NASDAQ:SFIX) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.04. Stitch Fix had a negative net margin of 0.94% and a negative return on equity of 5.75%. The company had revenue of $324.42 million during the quarter, compared to analysts’ expectations of $325.50 million. During the same period last year, the business earned ($0.07) EPS. The business’s quarterly revenue was up 4.2% on a year-over-year basis.

Institutional Trading of Stitch Fix

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp bought a new position in shares of Stitch Fix in the 2nd quarter valued at about $6,427,000. State Street Corp raised its holdings in shares of Stitch Fix by 10.1% in the 2nd quarter. State Street Corp now owns 3,503,504 shares of the company’s stock valued at $14,399,000 after purchasing an additional 322,030 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Stitch Fix in the 2nd quarter valued at about $738,000. Dimensional Fund Advisors LP raised its holdings in shares of Stitch Fix by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,418,196 shares of the company’s stock valued at $8,004,000 after purchasing an additional 142,909 shares during the period. Finally, Royal Bank of Canada lifted its stake in Stitch Fix by 984.1% in the 1st quarter. Royal Bank of Canada now owns 119,230 shares of the company’s stock valued at $394,000 after purchasing an additional 108,232 shares during the last quarter. 71.04% of the stock is owned by institutional investors.

Insider Buying and Selling at Stitch Fix

In related news, insider Anthony Bacos sold 70,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $4.09, for a total value of $286,300.00. Following the completion of the transaction, the insider directly owned 951,994 shares of the company’s stock, valued at approximately $3,893,655.46. This trade represents a 6.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 210,000 shares of company stock valued at $814,800 over the last three months. 16.09% of the stock is currently owned by company insiders.

Trending Headlines about Stitch Fix

Here are the key news stories impacting Stitch Fix this week:

• Positive Sentiment: Zacks Research raised its EPS forecast for the fourth quarter of fiscal 2027 to a loss of $0.03 per share from a projected loss of $0.05. The revision indicates slightly improved expectations for that period.
• Positive Sentiment: Zacks also expects a narrower loss of $0.02 per share in the fourth quarter of fiscal 2028, while Stitch Fix’s most recent quarterly results showed an adjusted loss that was better than analyst expectations and year-over-year revenue growth.
• Neutral Sentiment: Zacks issued new estimates for fiscal 2028 and fiscal 2029, including a projected fiscal 2029 loss of $0.05 per share. These forecasts provide longer-term benchmarks but do not signal a return to profitability.
• Negative Sentiment: Zacks lowered its estimates for the first and second quarters of fiscal 2027, reducing forecasts to losses of $0.06 and $0.03 per share, respectively. Fiscal 2027 EPS was cut to a $0.14 loss from a $0.10 loss, while fiscal 2028 EPS was reduced to a $0.08 loss from a $0.04 loss.
• Negative Sentiment: Zacks also cut its third-quarter fiscal 2028 forecast from a $0.01 profit to a $0.01 loss, reinforcing concerns about the pace of Stitch Fix’s path to sustainable profitability.
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Stitch Fix investors. Although the announcement does not establish wrongdoing, the legal scrutiny can weigh on investor sentiment and add uncertainty. Pomerantz investor alert

Stitch Fix Company Profile

Stitch Fix, Inc is an online personal styling company that uses data science, customer preferences and human expertise to recommend apparel and accessories. Customers complete a style profile and can receive personalized selections, known as “Fixes,” featuring clothing, shoes and accessories chosen for their individual preferences, sizes and budgets.

The company also operates Stitch Fix Freestyle, which allows customers to shop directly from a personalized online assortment rather than receiving a curated shipment.