Abercrombie & Fitch (NYSE:ANF) Price Target Raised to $165.00

Abercrombie & Fitch (NYSE:ANF) had its price objective upped by Telsey Advisory Group from $118.00 to $165.00 in a report issued on Thursday, Marketbeat Ratings reports. They currently have an outperform rating on the apparel retailer’s stock.

ANF has been the topic of a number of other reports. Needham & Company LLC lifted their price target on Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday. UBS Group restated a “buy” rating and issued a $153.00 target price (up from $136.00) on shares of Abercrombie & Fitch in a report on Wednesday, August 12th. Barclays lifted their target price on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday. Citigroup cut shares of Abercrombie & Fitch from a “buy” rating to a “neutral” rating and increased their price target for the company from $135.00 to $156.00 in a research report on Thursday. Finally, Jefferies Financial Group set a $175.00 price target on shares of Abercrombie & Fitch in a report on Wednesday. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $153.45.

Abercrombie & Fitch Stock Up 1.6%

NYSE ANF opened at $148.05 on Thursday. The company has a 50-day simple moving average of $102.03 and a two-hundred day simple moving average of $92.34. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $154.58. The firm has a market cap of $6.58 billion, a price-to-earnings ratio of 12.68 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the business earned $2.91 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. 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. Equities analysts expect that Abercrombie & Fitch will post 11.4 earnings per share for the current fiscal year.

Insider Activity

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

Institutional Trading of Abercrombie & Fitch

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

Key Stories Impacting 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

About Abercrombie & Fitch

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.