New York-based Tapestry, Inc. (TPR) provides accessories and lifestyle brand products in North America and internationally. The company has a market cap of $26.1 billion and operates through the Coach, Kate Spade, and Stuart Weitzman segments, and offers handbags, fashion designs, business cases, computer bags, accessories such as small leather goods, as well as novelty accessories, including address books, and more.
TPR shares have rallied the broader market over the past year, surging 27.6% versus the S&P 500 Index’s ($SPX) 10.8% surge. However, in 2026, the stock has grown by nearly 3.8%, underperforming the SPX’s 10.9% rise.
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Focusing on its industry benchmark, the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has grown 1.2% over the past year, underperforming the stock. In 2026, XLY has risen marginally and has also lagged behind the stock.
www.barchart.com On Nov. 5, TPR stock rose 7.1% following the release of its Q1 2027 earnings. The company’s revenue for the quarter rose 12.1% from the prior year’s quarter to $1.9 billion and beat the Street’s estimates. Moreover, its adjusted EPS amounted to $1.82, also topping the consensus estimates. TPR also lifted its revenue and adjusted EPS guidance for the full year to $8.6 billion and $8.30 at the midpoints, respectively.
For the current year, which ends in July, analysts expect TPR’s EPS to rise 17.9% to $8.31 on a diluted basis. The company surpassed the consensus estimate in each of the last four quarters.
Among the 23 analysts covering TPR stock, the consensus is a “Strong Buy.” That’s based on 17 “Strong Buy” ratings, one “Moderate Buy,” and five “Holds.”
www.barchart.com The configuration has grown bullish over the past month, with the stock now having 17 “Strong Buy” ratings, compared to 16 a month ago.
On Oct. 20, UBS analyst Jay Sole maintained a “Buy” rating for TPR stock and lowered its price target from $232 to $200.
TPR’s mean price target of $162.27 offers a 22.3% upside compared to the current market price. Its Street-high target of $211 implies a robust 59.1% upside from current levels.
On the date of publication, Aritra Gangopadhyay did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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