Zacks Research Predicts Stitch Fix FY2028 Earnings

Key Points

• Zacks Research forecasts that Stitch Fix will post an earnings per share of ($0.16) in FY2028, compared to the current consensus estimate of ($0.44) per share for the full year.
• Stitch Fix's recent quarterly results showed a loss of ($0.07) earnings per share, which was an improvement over the expected ($0.10) loss by $0.03, but the company's revenue decreased 2.6% year-over-year.
• Analysts have mixed ratings on Stitch Fix, with a consensus "Hold" rating reflecting current sentiments, while the average target price sits at $6.00.

Stitch Fix, Inc. (NASDAQ:SFIX - Free Report) - Analysts at Zacks Research issued their FY2028 earnings per share estimates for shares of Stitch Fix in a note issued to investors on Wednesday, October 8th. Zacks Research analyst Team anticipates that the company will post earnings per share of ($0.16) for the year. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Stitch Fix's current full-year earnings is ($0.44) per share.

Stitch Fix (NASDAQ:SFIX - Get Free Report) last announced its quarterly earnings results on Wednesday, September 24th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.03. Stitch Fix had a negative return on equity of 14.57% and a negative net margin of 2.27%.The company had revenue of $311.23 million during the quarter, compared to analysts' expectations of $307.15 million. During the same period last year, the business earned ($0.30) earnings per share. Stitch Fix's quarterly revenue was down 2.6% on a year-over-year basis. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS.

Several other analysts have also recently commented on SFIX. William Blair upgraded Stitch Fix from a "market perform" rating to an "outperform" rating in a research report on Monday, July 14th. UBS Group reaffirmed a "neutral" rating on shares of Stitch Fix in a research note on Wednesday, September 17th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $6.00 price objective on shares of Stitch Fix in a research note on Thursday, September 25th. Wall Street Zen lowered Stitch Fix from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Stitch Fix in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Stitch Fix has a consensus rating of "Hold" and an average target price of $6.00.

Stitch Fix Stock Performance

Shares of NASDAQ SFIX opened at $4.41 on Thursday. The firm has a market cap of $591.43 million, a PE ratio of -9.59 and a beta of 2.08. The firm has a fifty day moving average of $5.05 and a 200 day moving average of $4.28. Stitch Fix has a one year low of $2.60 and a one year high of $6.99.

Insider Activity at Stitch Fix

In other Stitch Fix news, insider Anthony Bacos sold 90,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $5.61, for a total transaction of $504,900.00. Following the completion of the transaction, the insider owned 799,966 shares of the company's stock, valued at $4,487,809.26. This trade represents a 10.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO David Aufderhaar sold 20,538 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $5.10, for a total transaction of $104,743.80. Following the transaction, the chief financial officer directly owned 937,338 shares of the company's stock, valued at $4,780,423.80. The trade was a 2.14% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 1,047,536 shares of company stock worth $5,350,202. 16.95% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ameritas Investment Partners Inc. boosted its position in Stitch Fix by 32.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,839 shares of the company's stock valued at $40,000 after buying an additional 2,645 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in Stitch Fix by 3.3% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 84,760 shares of the company's stock valued at $275,000 after purchasing an additional 2,700 shares during the period. Wescott Financial Advisory Group LLC boosted its holdings in Stitch Fix by 30.0% in the second quarter. Wescott Financial Advisory Group LLC now owns 13,000 shares of the company's stock valued at $48,000 after purchasing an additional 3,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Stitch Fix by 7.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,270 shares of the company's stock valued at $199,000 after purchasing an additional 3,993 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in Stitch Fix by 12.1% in the second quarter. The Manufacturers Life Insurance Company now owns 39,807 shares of the company's stock valued at $147,000 after purchasing an additional 4,303 shares during the period. Hedge funds and other institutional investors own 71.04% of the company's stock.

Stitch Fix Company Profile

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.

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