GAP (NYSE:GAP) Price Target Raised to $35.00

GAP (NYSE:GAP) had its target price hoisted by JPMorgan Chase & Co. from $33.00 to $35.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

GAP has been the subject of several other research reports. Morgan Stanley boosted their price objective on GAP from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. Wall Street Zen downgraded shares of GAP from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Argus upgraded shares of GAP to a “strong-buy” rating in a research report on Thursday, January 22nd. Citigroup boosted their price target on shares of GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Friday, March 6th. Finally, Bank of America increased their price target on shares of GAP from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $30.62.

GAP Trading Down 0.8%

Shares of GAP stock opened at $23.90 on Friday. The company has a market capitalization of $8.90 billion, a PE ratio of 11.11, a price-to-earnings-growth ratio of 1.38 and a beta of 2.29. GAP has a 52-week low of $16.99 and a 52-week high of $29.36. The business’s fifty day moving average is $26.69 and its 200 day moving average is $25.09. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.08 and a current ratio of 1.75.

GAP (NYSE:GAP) last posted its earnings results on Thursday, March 5th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). The business had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $4.24 billion. GAP had a return on equity of 22.98% and a net margin of 5.31%.GAP’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. On average, equities research analysts anticipate that GAP will post 2.02 EPS for the current fiscal year.

GAP Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th will be paid a $0.175 dividend. This is an increase from GAP’s previous quarterly dividend of $0.17. This represents a $0.70 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Wednesday, April 8th. GAP’s payout ratio is currently 30.70%.

Insider Buying and Selling at GAP

In other GAP news, CFO Katrina O’connell sold 153,413 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $23.85, for a total transaction of $3,658,900.05. Following the transaction, the chief financial officer directly owned 11,503 shares in the company, valued at $274,346.55. This trade represents a 93.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Mark Breitbard sold 119,155 shares of GAP stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $23.80, for a total transaction of $2,835,889.00. Following the transaction, the chief executive officer directly owned 135,884 shares in the company, valued at $3,234,039.20. This trade represents a 46.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 395,823 shares of company stock worth $9,428,942 over the last ninety days. Insiders own 31.00% of the company’s stock.

Institutional Trading of GAP

Several hedge funds have recently added to or reduced their stakes in GAP. Ameriprise Financial Inc. boosted its position in GAP by 4.1% during the third quarter. Ameriprise Financial Inc. now owns 4,588,800 shares of the company’s stock valued at $98,154,000 after buying an additional 180,991 shares during the period. Geode Capital Management LLC grew its stake in shares of GAP by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 4,291,846 shares of the company’s stock valued at $110,750,000 after buying an additional 14,141 shares during the last quarter. LSV Asset Management increased its holdings in shares of GAP by 3.6% in the fourth quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock worth $88,645,000 after buying an additional 121,001 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of GAP by 13.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock valued at $81,816,000 after acquiring an additional 368,191 shares during the last quarter. Finally, Miller Howard Investments Inc. NY bought a new stake in shares of GAP in the 4th quarter valued at about $20,561,000. 58.81% of the stock is owned by institutional investors.

GAP News Roundup

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Zacks Research lifted several longer‑term/seasonal EPS forecasts and full‑year targets (FY2027, FY2028 and FY2029 and some Q3 estimates), suggesting improvement in medium‑term profitability expectations. Analysts still carry a “Hold” rating, so the upgrades are constructive but not a buy signal.
• Neutral Sentiment: Press/consumer coverage highlights strong demand for core Basics (example: positive writeup about a $15 tank top), which can support same‑store sales and brand relevance but is not a direct earnings catalyst on its own. The Platonic Ideal of a Tank Top for $15
• Negative Sentiment: Zacks trimmed several near‑term quarterly EPS estimates (notably Q1 and Q2 of FY2027 and parts of FY2028), indicating nearer‑term cadence risks even as longer‑term estimates were raised. This mixed guidance shift can create uncertainty around upcoming quarters and weigh on the stock.
• Negative Sentiment: Recent insider sales: The CFO filed a large sale of common stock valued at roughly $3.66 million (reported 3/21). Significant director/executive sales at this scale often trigger investor concern about insider conviction. Insider Selling: GAP (NYSE:GAP) CFO Sells $3,658,900.05 in Stock
• Negative Sentiment: Follow‑on insider transactions: smaller but recent sales by the CFO (~$201.5k) and the CEO (~$201.4k) were reported 3/22. While smaller, clustered insider selling from top executives can amplify negative market reaction. Insider Selling: GAP (NYSE:GAP) CFO Sells $201,457.64 in Stock Insider Selling: GAP (NYSE:GAP) CEO Sells $201,372.78 in Stock

GAP Company Profile

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.