Tapestry, Inc.

(New York Stock Exchange)
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Bullish +75

Is Wall Street Bullish or Bearish on Tapestry Stock?

Analyst downgrade Earnings report AI-generated analysis

πŸ“ˆ TPR revenue grew 12.1% year-over-year to $1.9 billion in Q1 fiscal 2027, beating analyst estimates.

πŸ’° Adjusted EPS reached $1.82, topping consensus expectations for the quarter.

πŸš€ The company lifted full-year guidance, raising revenue midpoint to $8.6 billion and adjusted EPS to $8.30.

πŸ“Š TPR shares surged 7.1% immediately following the release of positive Q1 earnings results.

πŸ‘ Analyst consensus is 'Strong Buy' with 17 out of 23 ratings favoring a buy position.

πŸ“ˆ The bullish analyst configuration strengthened, increasing from 16 to 17 'Strong Buy' ratings in one month.

πŸ’΅ The mean price target of $162.27 suggests approximately 22% upside from current market levels.

πŸ† TPR has surpassed consensus estimates for EPS in each of the last four consecutive quarters.

Bullish Signals
  • Revenue grew 12.1% year-over-year to $1.9 billion in Q1 fiscal 2027, significantly beating Street estimates.
  • Adjusted EPS reached $1.82, also topping consensus estimates for the quarter.
  • The company lifted full-year guidance, raising revenue midpoint to $8.6 billion and adjusted EPS to $8.30.
  • Shares rallied 7.1% following the release of positive Q1 earnings results.
  • Analyst consensus is 'Strong Buy' with 17 out of 23 ratings favoring a buy position.
  • The bullish analyst configuration strengthened, increasing from 16 to 17 'Strong Buy' ratings in one month.
  • The mean price target of $162.27 suggests approximately 22% upside from current market levels.
  • TPR has surpassed consensus estimates for EPS in each of the last four consecutive quarters.
Full Analysis
New York-based Tapestry, Inc. (TPR), which operates the Coach, Kate Spade, and Stuart Weitzman brands, recently reported strong financial performance for its first quarter of fiscal 2027. The company's revenue increased by 12.1% year-over-year to reach $1.9 billion, significantly beating Wall Street estimates. Additionally, adjusted earnings per share (EPS) rose to $1.82, also surpassing consensus expectations. Following the positive earnings release, TPR shares rallied 7.1%. The company subsequently lifted its full-year guidance for both revenue and adjusted EPS, raising the midpoints to $8.6 billion and $8.30, respectively. Analysts project that for the current fiscal year ending in July, TPR's diluted EPS will rise approximately 17.9% to reach $8.31. Market sentiment remains robust with a consensus rating of 'Strong Buy' among the 23 analysts covering the stock. The bullish configuration has strengthened over the past month, with the number of 'Strong Buy' ratings increasing from 16 to 17. While UBS analyst Jay Sole recently lowered his price target from $232 to $200, the aggregate mean price target stands at $162.27, implying a potential upside of roughly 22%.