Tapestry, Inc. (TPR)
NYSE: TPR · IEX Real-Time Price · USD
41.23
-0.46 (-1.10%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Tapestry Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Tapestry stock have an average target of 48.33, with a low estimate of 32 and a high estimate of 60. The average target predicts an increase of 17.22% from the current stock price of 41.23.
Analyst Consensus: Buy
* Price targets were last updated on Jun 18, 2024.
Analyst Ratings
The average analyst rating for Tapestry stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 9 | 9 | 9 | 9 | 8 | 8 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Reiterates $52 | Strong Buy | Reiterates | $52 | +26.12% | Jun 18, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $56 → $54 | Buy | Maintains | $56 → $54 | +30.97% | May 10, 2024 |
| Baird | Baird | Buy Maintains $52 → $50 | Buy | Maintains | $52 → $50 | +21.27% | May 10, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $54 | Buy | Maintains | $54 | +30.97% | May 9, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $54 | Buy | Maintains | $54 | +30.97% | Mar 27, 2024 |
Financial Forecast
Revenue This Year
6.72B
from 6.66B
Increased by 0.90%
Revenue Next Year
6.87B
from 6.72B
Increased by 2.20%
EPS This Year
4.28
from 3.88
Increased by 10.43%
EPS Next Year
4.57
from 4.28
Increased by 6.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.0B | 7.3B | 7.7B | 8.0B | 8.3B | 8.6B |
| Avg | 6.7B | 6.9B | 7.1B | 7.7B | 8.0B | 8.3B |
| Low | 6.5B | 6.5B | 6.7B | 7.3B | 7.8B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.2% | 8.8% | 11.7% | 12.8% | 8.9% | 7.1% |
| Avg | 0.9% | 2.2% | 3.9% | 7.2% | 4.7% | 3.0% |
| Low | -2.3% | -3.2% | -3.0% | 2.8% | 1.6% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.47 | 4.97 | 5.32 | 5.63 |
| Avg | 4.28 | 4.57 | 4.86 | 5.41 |
| Low | 4.14 | 4.17 | 4.27 | 5.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.3% | 15.9% | 16.4% | 15.9% |
| Avg | 10.4% | 6.6% | 6.3% | 11.4% |
| Low | 6.6% | -2.6% | -6.5% | 8.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.