Abercrombie & Fitch (NYSE:ANF) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Key Points

• Morgan Stanley raised Abercrombie & Fitch’s price target from $87 to $134 but maintained an “equal weight” rating, implying roughly 9.7% downside from the stock’s $148.44 price. The broader analyst consensus remains “Hold,” with a $147.27 target.
• Abercrombie delivered a significant quarterly earnings beat, reporting $4.17 EPS versus the $1.99 consensus and $1.27 billion in revenue, up 4.8% year over year. Management also issued fiscal 2026 EPS guidance of $13.10–$13.60.
• Investors should weigh improving performance against potential risks: a sizable tariff refund boosted profitability, while softer international markets and recent insider selling could temper optimism about the stock’s outlook.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) had its price objective hoisted by analysts at Morgan Stanley from $87.00 to $134.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an "equal weight" rating on the apparel retailer's stock. Morgan Stanley's price objective would indicate a potential downside of 9.73% from the company's current price.

Several other equities analysts have also recently weighed in on ANF. UBS Group restated a "buy" rating and issued a $153.00 price objective (up from $136.00) on shares of Abercrombie & Fitch in a report on Wednesday, August 12th. Weiss Ratings upgraded shares of Abercrombie & Fitch from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, August 14th. Needham & Company LLC boosted their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a "buy" rating in a research note on Wednesday. Barclays set a $155.00 price objective on Abercrombie & Fitch in a research note on Thursday. Finally, JPMorgan Chase & Co. raised their price target on Abercrombie & Fitch from $110.00 to $126.00 and gave the company a "neutral" rating in a report on Tuesday, August 18th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $147.27.

Abercrombie & Fitch Stock Up 36.3%

Shares of ANF stock opened at $148.44 on Thursday. The company has a market capitalization of $6.60 billion, a price-to-earnings ratio of 14.25 and a beta of 0.90. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $154.58. The firm has a fifty day moving average of $99.62 and a 200-day moving average of $91.60.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.99 by $2.18. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.Abercrombie & Fitch's quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the company earned $2.91 earnings per share. 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. On average, equities analysts expect that Abercrombie & Fitch will post 10.65 EPS for the current year.

Insider Activity at Abercrombie & Fitch

In related news, COO Scott D. Lipesky sold 10,000 shares of the company's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total value of $1,150,000.00. Following the transaction, the chief operating officer directly owned 152,534 shares in the company, valued at approximately $17,541,410. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 30,000 shares of company stock valued at $3,300,000 in the last 90 days. Corporate insiders own 2.33% of the company's stock.

Institutional Trading of Abercrombie & Fitch

Institutional investors have recently bought and sold shares of the business. Timbuktu Capital Management LLC bought a new position in shares of Abercrombie & Fitch during the second quarter worth approximately $29,000. NewEdge Advisors LLC boosted its stake in shares of Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock valued at $29,000 after buying an additional 227 shares during the period. Transamerica Financial Advisors LLC boosted its stake in shares of Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer's stock valued at $31,000 after buying an additional 190 shares during the period. Larson Financial Group LLC grew its position in 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 buying an additional 148 shares in the last quarter. 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: Major earnings beat: Abercrombie reported adjusted earnings of $4.17 per share, well above the $1.99 analyst consensus, while revenue rose 4.8% year over year to $1.27 billion and exceeded estimates. Abercrombie & Fitch earnings report
• Positive Sentiment: Higher guidance: Management raised fiscal 2026 EPS guidance to $13.10-$13.60, compared with the prior Wall Street estimate of about $10.40, and projected third-quarter EPS of $2.90-$3.20 versus consensus of $2.80. Full-year sales expectations were also increased, reflecting resilient demand for its brands. Reuters guidance report
• Positive Sentiment: Cost benefit and capital returns: A roughly $100 million tariff refund significantly boosted quarterly profitability, with another $20 million expected in the third quarter. Reports also indicate the company raised its buyback target, adding potential support for per-share earnings. Seeking Alpha earnings and buyback report
• Positive Sentiment: Analyst confidence: Needham raised its price target to $165 and assigned a Buy rating, while BTIG lifted its target to $175 and also rated the stock Buy.
• Neutral Sentiment: Quality of earnings remains under scrutiny: The tariff refund is a sizable, potentially nonrecurring contributor, so investors will focus on underlying sales, margins and brand momentum in future quarters. Benzinga tariff refund analysis
• Negative Sentiment: International weakness: Management cited softer international markets, a risk that could limit sales growth despite improving demand in other regions.

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.

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