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

Key Points

• Telsey Advisory Group cut Abercrombie & Fitch’s price target to $115 from $125, while keeping an outperform rating. The new target still implies about 40.8% upside from the current share price.
• The stock was trading up 9.2% at about $81.65, and the company’s valuation remains relatively modest with a P/E of 7.75. MarketBeat data also shows a consensus analyst target of roughly $115.09 and a Moderate Buy rating overall.
• Abercrombie recently beat Q1 EPS expectations with $1.47 per share, though revenue slightly missed estimates and comparable sales fell 1%. Management also maintained full-year guidance but offered weaker-than-expected Q2 EPS guidance, which may be tempering sentiment.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) had its price objective dropped by research analysts at Telsey Advisory Group from $125.00 to $115.00 in a research report issued to clients and investors on Thursday. The brokerage currently has an "outperform" rating on the apparel retailer's stock. Telsey Advisory Group's price objective would indicate a potential upside of 40.84% from the stock's current price.

ANF has been the subject of a number of other reports. Raymond James Financial set a $92.00 target price on Abercrombie & Fitch in a research report on Thursday, May 21st. Needham & Company LLC reaffirmed a "buy" rating and issued a $108.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday. JPMorgan Chase & Co. decreased their target price on Abercrombie & Fitch from $110.00 to $107.00 and set a "neutral" rating for the company in a research report on Monday, May 18th. Jefferies Financial Group decreased their target price on Abercrombie & Fitch from $135.00 to $130.00 and set a "buy" rating for the company in a research report on Wednesday, March 4th. Finally, UBS Group lowered their target price on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a "buy" rating on the stock in a report on Monday, February 23rd. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $115.09.

Abercrombie & Fitch Trading Up 9.2%

Shares of ANF opened at $81.65 on Thursday. The stock has a market capitalization of $3.65 billion, a P/E ratio of 7.75 and a beta of 0.97. The firm's fifty day simple moving average is $85.94 and its two-hundred day simple moving average is $94.49. Abercrombie & Fitch has a 12 month low of $65.45 and a 12 month high of $133.11.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.21. The business had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.12 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The business's quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 earnings per share. 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, research analysts predict that Abercrombie & Fitch will post 10.63 EPS for the current fiscal year.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Transamerica Financial Advisors LLC boosted its stake in shares of Abercrombie & Fitch by 322.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer's stock worth $31,000 after buying an additional 190 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer's stock worth $34,000 after buying an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Abercrombie & Fitch in the 4th quarter worth approximately $44,000. Nomura Asset Management Co. Ltd. boosted its stake in shares of Abercrombie & Fitch by 94.4% in the 4th 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 during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock worth $29,000 after buying an additional 227 shares during the last quarter.

More Abercrombie & Fitch News

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

Abercrombie & Fitch Company Profile

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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