Telsey Advisory Group Cuts Abercrombie & Fitch (NYSE:ANF) Price Target to $115.00

Abercrombie & Fitch (NYSE:ANF) had its target price reduced by investment analysts at Telsey Advisory Group from $125.00 to $115.00 in a research report issued on Thursday. The brokerage currently has an “outperform” rating on the apparel retailer’s stock. Telsey Advisory Group’s price target indicates a potential upside of 40.84% from the company’s previous close.

Several other brokerages have also issued reports on ANF. JPMorgan Chase & Co. decreased their price target on shares of Abercrombie & Fitch from $110.00 to $107.00 and set a “neutral” rating for the company in a research note on Monday, May 18th. Jefferies Financial Group decreased their price target on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Raymond James Financial set a $92.00 price target on shares of Abercrombie & Fitch in a research note on Thursday, May 21st. UBS Group decreased their price target on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Finally, BTIG Research restated a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.09.

Abercrombie & Fitch Stock Up 9.2%

Shares of ANF stock opened at $81.65 on Thursday. The company has a 50 day moving average of $85.94 and a 200-day moving average of $94.49. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $133.11. The firm has a market cap of $3.65 billion, a P/E ratio of 7.75 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the business posted $1.59 EPS. Abercrombie & Fitch’s quarterly revenue was up 1.5% compared to the same quarter last year. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. As a group, equities analysts expect that Abercrombie & Fitch will post 10.63 EPS for the current year.

Institutional Investors Weigh In On Abercrombie & Fitch

Several institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC lifted its position in shares of Abercrombie & Fitch by 17.6% during the third quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock worth $83,000 after acquiring an additional 145 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 148 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Abercrombie & Fitch by 19.4% during the fourth quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock worth $117,000 after acquiring an additional 151 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of Abercrombie & Fitch by 3.9% during the fourth quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock worth $510,000 after acquiring an additional 151 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its position in shares of 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 acquiring an additional 170 shares in the last quarter.

Key Headlines Impacting Abercrombie & Fitch

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

• Positive Sentiment: ANF beat Q1 profit estimates and posted record quarterly sales, reinforcing that demand remains resilient. Abercrombie & Fitch Co. Reports First Quarter Fiscal 2026 Results
• Positive Sentiment: The company continued buying back stock, repurchasing $105 million in shares in the quarter, which can support EPS and signal management confidence. Quiver AI Summary
• Positive Sentiment: Analysts reiterated bullish views after the report, including Buy ratings and targets above the current share price, adding to sentiment. Analyst rating reports
• Neutral Sentiment: Management kept full-year sales guidance at 3% to 5%, but Q2 EPS guidance of $1.80 to $2.00 was below market expectations, tempering enthusiasm. Guidance details
• Negative Sentiment: Comparable sales fell 1%, operating margin slipped to 8.0% from 9.3%, and Hollister sales were flat, indicating some pressure beneath the topline beat. Reuters earnings coverage
• Negative Sentiment: EMEA sales dropped 10% as the Middle East conflict weighed on demand, showing a regional headwind investors are watching closely. CNBC earnings coverage

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.