Abercrombie & Fitch (NYSE:ANF) Price Target Raised to $175.00

Abercrombie & Fitch (NYSE:ANF) had its target price lifted by BTIG Research from $120.00 to $175.00 in a research report released on Wednesday morning, MarketBeat.com reports. They currently have a buy rating on the apparel retailer’s stock.

ANF has been the topic of a number of other research reports. Morgan Stanley restated an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a report on Monday, July 6th. Jefferies Financial Group increased their price objective on Abercrombie & Fitch from $110.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. UBS Group reiterated 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. Needham & Company LLC reiterated a “buy” rating and issued a $108.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $124.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, August 12th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of “Hold” and an average target price of $153.45.

Abercrombie & Fitch Stock Up 1.6%

Shares of ANF opened at $148.05 on Wednesday. The stock has a market capitalization of $6.58 billion, a P/E ratio of 12.68 and a beta of 0.90. The firm has a fifty day simple moving average of $102.03 and a two-hundred day simple moving average of $92.34. Abercrombie & Fitch has a twelve month low of $65.45 and a twelve month high of $154.58.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating the consensus estimate of $1.99 by $2.18. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. Sell-side analysts expect that Abercrombie & Fitch will post 11.29 EPS for the current fiscal year.

Insider Activity

In related news, COO Scott D. Lipesky sold 10,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the transaction, the chief operating officer owned 152,534 shares in the company, valued at $17,541,410. The trade was a 6.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 30,000 shares of company stock worth $3,300,000 in the last 90 days. 2.33% of the stock is owned by insiders.

Institutional Trading of Abercrombie & Fitch

Several large investors have recently bought and sold shares of ANF. Vanguard Group Inc. grew its holdings in shares of Abercrombie & Fitch by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock worth $601,841,000 after acquiring an additional 94,697 shares during the period. California State Teachers Retirement System raised its position in shares of Abercrombie & Fitch by 8,792.9% in the 2nd quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock worth $420,483,000 after acquiring an additional 4,618,988 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Abercrombie & Fitch by 56.0% in the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after acquiring an additional 898,884 shares in the last quarter. Bbfit Investments PTE Ltd. purchased a new position in shares of Abercrombie & Fitch in the 4th quarter valued at approximately $205,539,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Abercrombie & Fitch by 15.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after purchasing an additional 208,709 shares during the period.

Trending Headlines about Abercrombie & Fitch

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Strong Q2 earnings beat: Abercrombie reported record quarterly sales of approximately $1.27 billion and earnings of $4.17 per share, well above the $1.99 consensus estimate. Revenue grew 4.8% year over year, marking the company’s 15th consecutive quarter of sales growth. Abercrombie’s Shares Rise 36% on Q2 Earnings Beat on Tariff Refunds
• Positive Sentiment: Higher outlook and tariff benefit: Management raised its fiscal 2026 expectations for sales, margins and EPS, helped in part by roughly $100 million in tariff refunds. The improved guidance suggests profitability is holding up despite ongoing cost and trade-policy risks. Abercrombie & Fitch beats Q2 expectations, lifts guidance and raises buyback target
• Positive Sentiment: Shareholder returns remain a catalyst: Abercrombie has a debt-free balance sheet, substantial cash and plans for at least $500 million in share repurchases. Analysts at Telsey Advisory and Needham raised their price targets to $165 and maintained bullish ratings. Abercrombie & Fitch: Strength Is Being Rewarded, But There’s Still Plenty Of Room To Run
• Neutral Sentiment: Analyst views are diverging: Morgan Stanley raised its target to $134 but retained an Equal Weight rating, while Citi Research said the post-earnings rally leaves ANF looking fully valued. These views could limit additional upside after the stock reached a new one-year high. Abercrombie & Fitch post-Q2 rally leaves stock looking fully valued

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.