Abercrombie & Fitch (NYSE: ANF) received an optimistic forecast from JPMorgan Chase & Co., which raised its target price for the retailer’s stock from $92.00 to $109.00. The updated price target, communicated in a research report issued on Wednesday, suggests a potential upside of 14.78% from the stock’s previous close. Although the brokerage maintains a “neutral” rating on Abercrombie & Fitch, this adjustment indicates a positive outlook for the company.
Several other financial institutions have also weighed in on Abercrombie & Fitch. Raymond James Financial set a target price of $105.00 and assigned an “outperform” rating in a report released on August 28. Meanwhile, UBS Group increased its price objective from $125.00 to $130.00 and rated the stock as a “buy.” In contrast, Zacks Research downgraded Abercrombie & Fitch from a “hold” rating to a “strong sell” earlier in the month.
A comprehensive analysis of the stock shows that five analysts have rated Abercrombie & Fitch with a “buy” rating, five have assigned a “hold” rating, and one has issued a “sell” rating. According to data from MarketBeat, the company currently holds a consensus rating of “hold” with an average price target of $105.00.
Recent Financial Performance
The company recently reported its quarterly earnings on November 25, revealing earnings per share (EPS) of $2.36. This figure exceeded the consensus estimate of $2.14 by $0.22. Abercrombie & Fitch achieved a net margin of 10.61% and a return on equity of 40.02%. The firm’s revenue for the quarter reached $1.29 billion, surpassing analysts’ expectations of $1.28 billion. This marks a 6.8% increase in quarterly revenue compared to the same period last year.
Looking ahead, Abercrombie & Fitch has set guidance for Q4 2025 at $3.40 to $3.70 EPS and full-year 2025 guidance at $10.20 to $10.50 EPS. Analysts predict that the company will report an EPS of $10.62 for the current fiscal year.
Insider Activity and Institutional Investment
In recent insider news, Kenneth B. Robinson, a director at Abercrombie & Fitch, sold 1,392 shares on September 5 at an average price of $94.60, totaling approximately $131,683.20. Following this transaction, Robinson’s ownership decreased by 19.14%, leaving him with 5,880 shares valued at around $556,248. Similarly, James A. Goldman, another director, sold 5,072 shares on August 29 for about $487,824.96, resulting in a 40.14% reduction in his ownership.
Over the past 90 days, insiders have sold a total of 7,964 shares of company stock worth approximately $759,233. Currently, insiders own 2.29% of Abercrombie & Fitch stock.
Institutional investors have also adjusted their holdings in the company. NewEdge Advisors LLC increased its stake in Abercrombie & Fitch by 181.6% during the second quarter, now holding 352 shares valued at approximately $29,000. Other notable moves include Blue Trust Inc. and Ameritas Advisory Services LLC, both of which acquired new positions in the company valued at around $38,000 each.
As Abercrombie & Fitch continues to navigate the retail market, the recent adjustments in stock ratings and performance metrics indicate a complex landscape that investors will be watching closely in the coming months.
