Q1 Earnings Estimate for Stitch Fix Issued By Zacks Research

Stitch Fix, Inc. (NASDAQ:SFIX) – Research analysts at Zacks Research cut their Q1 2027 earnings per share (EPS) estimates for shares of Stitch Fix in a research report issued to clients and investors on Wednesday, October 14th. Zacks Research analyst Team now forecasts that the company will post earnings of ($0.06) per share for the quarter, down from their prior estimate of ($0.04). The consensus estimate for Stitch Fix’s current full-year earnings is ($0.14) per share. Zacks Research also issued estimates for Stitch Fix’s Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at ($0.02) EPS, Q4 2027 earnings at ($0.03) EPS, FY2027 earnings at ($0.14) EPS, Q1 2028 earnings at ($0.04) EPS, Q4 2028 earnings at ($0.02) EPS and FY2028 earnings at ($0.08) EPS.

Stitch Fix (NASDAQ:SFIX) last posted its quarterly earnings results on Wednesday, September 23rd. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. Stitch Fix had a negative return on equity of 5.75% and a negative net margin of 0.94%. The business had revenue of $324.42 million for the quarter, compared to analysts’ expectations of $325.50 million. During the same quarter in the prior year, the business earned ($0.07) EPS. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis.

Other equities analysts also recently issued reports about the stock. UBS Group decreased their price objective on shares of Stitch Fix from $4.00 to $3.50 and set a “neutral” rating on the stock in a report on Thursday, September 24th. William Blair cut shares of Stitch Fix from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 24th. Weiss Ratings upgraded shares of Stitch Fix from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 9th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $4.00 target price on shares of Stitch Fix in a report on Thursday, September 24th. Finally, Northland Securities set a $4.00 price target on shares of Stitch Fix in a research note on Thursday, September 24th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Stitch Fix presently has a consensus rating of “Hold” and a consensus price target of $3.40.

Stitch Fix Stock Up 7.1%

Shares of Stitch Fix stock opened at $2.56 on Friday. The business has a fifty day simple moving average of $2.99 and a two-hundred day simple moving average of $3.45. Stitch Fix has a 1 year low of $2.10 and a 1 year high of $5.74.

Insider Activity at Stitch Fix

In other news, insider Anthony Bacos sold 70,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $4.09, for a total transaction of $286,300.00. Following the transaction, the insider owned 951,994 shares in the company, valued at approximately $3,893,655.46. This trade represents a 6.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 210,000 shares of company stock valued at $814,800 over the last 90 days. 16.09% of the stock is currently owned by corporate insiders.

Institutional Trading of Stitch Fix

Several institutional investors have recently added to or reduced their stakes in the company. Caerus Investment Advisors LLC acquired a new position in Stitch Fix in the 1st quarter valued at $36,000. Quantbot Technologies LP bought a new position in Stitch Fix during the 2nd quarter worth $37,000. First Dallas Securities Inc. bought a new position in Stitch Fix during the 1st quarter worth $38,000. HB Wealth Management LLC bought a new position in Stitch Fix during the 2nd quarter worth $45,000. Finally, Krilogy Financial LLC bought a new position in Stitch Fix during the 1st quarter worth $46,000. 71.04% of the stock is currently owned by institutional investors.

Key Stitch Fix News

Here are the key news stories impacting Stitch Fix this week:

• Positive Sentiment: Zacks Research raised its EPS forecast for the fourth quarter of fiscal 2027 to a loss of $0.03 per share from a projected loss of $0.05. The revision indicates slightly improved expectations for that period.
• Positive Sentiment: Zacks also expects a narrower loss of $0.02 per share in the fourth quarter of fiscal 2028, while Stitch Fix’s most recent quarterly results showed an adjusted loss that was better than analyst expectations and year-over-year revenue growth.
• Neutral Sentiment: Zacks issued new estimates for fiscal 2028 and fiscal 2029, including a projected fiscal 2029 loss of $0.05 per share. These forecasts provide longer-term benchmarks but do not signal a return to profitability.
• Negative Sentiment: Zacks lowered its estimates for the first and second quarters of fiscal 2027, reducing forecasts to losses of $0.06 and $0.03 per share, respectively. Fiscal 2027 EPS was cut to a $0.14 loss from a $0.10 loss, while fiscal 2028 EPS was reduced to a $0.08 loss from a $0.04 loss.
• Negative Sentiment: Zacks also cut its third-quarter fiscal 2028 forecast from a $0.01 profit to a $0.01 loss, reinforcing concerns about the pace of Stitch Fix’s path to sustainable profitability.
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Stitch Fix investors. Although the announcement does not establish wrongdoing, the legal scrutiny can weigh on investor sentiment and add uncertainty. Pomerantz investor alert

About Stitch Fix

Stitch Fix, Inc is an online personal styling company that uses data science, customer preferences and human expertise to recommend apparel and accessories. Customers complete a style profile and can receive personalized selections, known as “Fixes,” featuring clothing, shoes and accessories chosen for their individual preferences, sizes and budgets.

The company also operates Stitch Fix Freestyle, which allows customers to shop directly from a personalized online assortment rather than receiving a curated shipment.