GAP (NYSE:GAP) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

GAP (NYSE:GAP) had its price objective hoisted by investment analysts at JPMorgan Chase & Co. from $33.00 to $35.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 46.54% from the company’s current price.

A number of other research analysts have also recently issued reports on the company. The Goldman Sachs Group lifted their target price on GAP from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Guggenheim assumed coverage on shares of GAP in a research note on Tuesday, December 9th. They issued a “neutral” rating on the stock. Morgan Stanley lifted their price target on shares of GAP from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Evercore increased their price objective on shares of GAP from $25.00 to $28.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Finally, Zacks Research lowered shares of GAP from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, GAP has a consensus rating of “Moderate Buy” and an average target price of $30.62.

GAP Stock Performance

Shares of GAP stock traded down $0.20 on Friday, hitting $23.89. The company’s stock had a trading volume of 3,336,515 shares, compared to its average volume of 8,006,380. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.08 and a current ratio of 1.75. GAP has a fifty-two week low of $16.99 and a fifty-two week high of $29.36. The stock’s 50 day moving average is $26.77 and its 200-day moving average is $25.04. The company has a market capitalization of $8.90 billion, a PE ratio of 11.15, a PEG ratio of 1.39 and a beta of 2.29.

GAP (NYSE:GAP) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). GAP had a return on equity of 22.98% and a net margin of 5.31%.The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same period in the prior year, the company earned $0.54 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Equities research analysts expect that GAP will post 2.02 earnings per share for the current fiscal year.

Insider Activity at GAP

In other news, CEO Mark Breitbard sold 8,486 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $23.73, for a total transaction of $201,372.78. Following the completion of the sale, the chief executive officer owned 135,884 shares of the company’s stock, valued at $3,224,527.32. This trade represents a 5.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Julie Gruber sold 74,217 shares of GAP stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $23.85, for a total transaction of $1,770,075.45. Following the completion of the sale, the insider owned 53,970 shares of the company’s stock, valued at $1,287,184.50. This represents a 57.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 395,823 shares of company stock worth $9,428,942 over the last ninety days. Insiders own 30.56% of the company’s stock.

Institutional Investors Weigh In On GAP

A number of large investors have recently bought and sold shares of GAP. Ameriprise Financial Inc. boosted its holdings in GAP by 4.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,588,800 shares of the company’s stock worth $98,154,000 after acquiring an additional 180,991 shares during the last quarter. Geode Capital Management LLC lifted its holdings in GAP by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 4,291,846 shares of the company’s stock worth $110,750,000 after acquiring an additional 14,141 shares during the period. LSV Asset Management boosted its holdings in shares of GAP by 3.6% in the 4th quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock worth $88,645,000 after buying an additional 121,001 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of GAP by 13.0% during the 4th quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock valued at $81,816,000 after acquiring an additional 368,191 shares during the period. Finally, Miller Howard Investments Inc. NY purchased a new stake in GAP in the fourth quarter worth $20,561,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

About GAP

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.