Tapestry, Inc. (TPR)
NYSE: TPR · IEX Real-Time Price · USD
47.48
+0.80 (1.71%)
Mar 28, 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 47.53, with a low estimate of 32 and a high estimate of 60. The average target predicts an increase of 0.11% from the current stock price of 47.48.

Analyst Consensus: Buy
Target Low Average Median High
Price $32 $47.53 $48 $60
Change -32.60% +0.11% +1.10% +26.37%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333333
Buy 988899
Hold 565555
Sell 000000
Strong Sell 000000
Total 171716161717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$54
Buy Maintains $54 +13.73% Mar 27, 2024
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$49$54
Buy Maintains $49$54 +13.73% Mar 6, 2024
Jefferies
Jefferies
Hold
Downgrades
$50
Hold Downgrades $50 +5.31% Feb 29, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$41$47
Strong Buy Maintains $41$47 -1.01% Feb 9, 2024
Telsey Advisory Group
Telsey Advisory Group
Buy
Reiterates
$49
Buy Reiterates $49 +3.20% Feb 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.81B
from 6.66B
Increased by 2.27%
Revenue Next Year
7.07B
from 6.81B
Increased by 3.79%
EPS This Year
4.28
from 3.88
Increased by 10.23%
EPS Next Year
4.62
from 4.28
Increased by 7.92%
Year 20192020202120222023202420252026
Revenue
6.03B4.96B5.75B6.68B6.66B6.81B7.07B7.38B
Revenue Growth
2.50%-17.68%15.82%16.33%-0.35%2.27%3.79%4.37%
EPS
2.21-2.342.953.173.884.284.624.97
EPS Growth
60.14%--7.46%22.40%10.23%7.92%7.66%
No. Analysts -----232311
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 7.1B 7.5B 8.0B
Avg 6.8B 7.1B 7.4B
Low 6.6B 6.7B 6.9B

Revenue Growth

Revenue Growth 202420252026
High
7.2%
10.7%
12.9%
Avg
2.3%
3.8%
4.4%
Low
-1.4%
-1.2%
-1.8%

EPS Forecast

EPS 202420252026
High 4.52 4.94 5.52
Avg 4.28 4.62 4.97
Low 3.95 4.32 4.57

EPS Growth

EPS Growth 202420252026
High
16.4%
15.4%
19.6%
Avg
10.2%
7.9%
7.7%
Low
1.8%
1.0%
-1.1%
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.