GAP (NYSE:GAP) Given New $27.00 Price Target at BTIG Research

GAP (NYSE:GAP) had its price objective boosted by investment analysts at BTIG Research from $26.00 to $27.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price objective would indicate a potential upside of 29.59% from the company’s current price.

Several other equities research analysts have also issued reports on the company. Jefferies Financial Group lowered GAP from a “buy” rating to a “hold” rating and decreased their target price for the company from $29.00 to $23.00 in a research report on Wednesday, August 12th. TD Cowen decreased their price objective on shares of GAP from $26.00 to $23.00 and set a “buy” rating for the company in a report on Tuesday, August 18th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $21.00 price objective on shares of GAP in a research report on Monday, July 6th. Weiss Ratings downgraded shares of GAP from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 28th. Finally, Evercore set a $20.00 price target on shares of GAP and gave the stock an “in-line” rating in a research note on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $26.64.

GAP Price Performance

GAP stock opened at $20.84 on Friday. GAP has a 52 week low of $18.11 and a 52 week high of $29.36. The company’s 50 day moving average price is $20.01 and its two-hundred day moving average price is $22.87. The company has a quick ratio of 1.08, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The stock has a market cap of $7.50 billion, a P/E ratio of 8.20, a P/E/G ratio of 1.25 and a beta of 2.05.

GAP (NYSE:GAP) last released its earnings results on Thursday, August 27th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.04. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.69 billion. GAP had a return on equity of 21.13% and a net margin of 6.25%.GAP’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.57 earnings per share. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. On average, equities analysts predict that GAP will post 2.33 earnings per share for the current year.

Institutional Trading of GAP

A number of institutional investors have recently modified their holdings of GAP. Cullen Frost Bankers Inc. bought a new stake in GAP during the 4th quarter valued at $26,000. Plato Investment Management Ltd bought a new stake in shares of GAP during the fourth quarter valued at about $28,000. Global Retirement Partners LLC purchased a new stake in shares of GAP in the second quarter worth about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in GAP during the second quarter valued at approximately $50,000. Finally, Quantbot Technologies LP purchased a new stake in GAP in the 2nd quarter worth approximately $73,000. 58.81% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Gap reported adjusted earnings of $0.52 per share, exceeding the $0.48 analyst consensus. Gross margin expanded 20 basis points to 41.4%, helping the company outperform operating-profit expectations despite softer sales. Gap names Michael Francis Old Navy CEO as quarterly profit beats estimates
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $2.35-$2.45, above the roughly $2.33 consensus, reflecting confidence in continued profit improvement and cost discipline. The company has also returned $726 million to shareholders through buybacks and dividends year to date. Gap lifts annual profit forecast on strength of namesake brand
• Positive Sentiment: The Gap namesake brand and Banana Republic performed better than expected, providing evidence that the company’s brand turnaround is gaining traction and offsetting weakness elsewhere. Gap rallies after Banana Republic and its namesake brand outperform expectations
• Neutral Sentiment: Michael Francis, a former retail executive with experience at Walmart and Target, will become Old Navy’s president and CEO on November 2. Investors viewed the leadership change as a potential turnaround catalyst, although execution will take time. Gap announces leadership transition at Old Navy
• Negative Sentiment: Quarterly net sales fell 2% year over year to $3.65 billion, below the $3.69 billion consensus, while comparable sales declined 1%. Old Navy was the main weakness, prompting the leadership overhaul and limiting the outlook for revenue growth. Gap Inc. Reports Second Quarter Fiscal 2026 Results

GAP Company Profile

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.