GAP (NYSE:GAP) Price Target Cut to $26.00 by Analysts at Barclays

GAP (NYSE:GAP) had its price objective decreased by Barclays from $33.00 to $26.00 in a research note released on Friday morning,Benzinga reports. Barclays currently has an overweight rating on the stock.

Several other equities analysts have also recently issued reports on the company. Wall Street Zen cut GAP from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Telsey Advisory Group lifted their price objective on GAP from $32.00 to $34.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Weiss Ratings raised GAP from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. Citigroup lifted their price objective on GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Finally, TD Cowen reduced their price objective on GAP from $32.00 to $26.00 and set a “buy” rating for the company in a report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $28.71.

GAP Stock Down 15.4%

GAP opened at $21.14 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.75 and a quick ratio of 1.08. The business has a 50 day simple moving average of $24.20 and a 200-day simple moving average of $25.66. The stock has a market capitalization of $7.72 billion, a P/E ratio of 8.32, a P/E/G ratio of 1.45 and a beta of 2.11. GAP has a 12 month low of $18.68 and a 12 month high of $29.36.

GAP (NYSE:GAP) last posted its quarterly earnings results on Thursday, May 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The business had revenue of $3.50 billion during the quarter, compared to analyst estimates of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.17%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 earnings per share. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities analysts anticipate that GAP will post 2.29 earnings per share for the current fiscal year.

GAP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Wednesday, July 8th will be issued a dividend of $0.175 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.70 annualized dividend and a yield of 3.3%. GAP’s payout ratio is currently 27.56%.

Insider Activity at GAP

In other GAP news, CEO Mark Breitbard sold 119,155 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 135,884 shares of the company’s stock, valued at approximately $3,234,039.20. This trade represents a 46.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Katrina O’connell sold 153,413 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $23.85, for a total value of $3,658,900.05. Following the transaction, the chief financial officer directly owned 11,503 shares of the company’s stock, valued at $274,346.55. The trade was a 93.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 923,098 shares of company stock valued at $22,648,158 in the last ninety days. 31.00% of the stock is owned by insiders.

Hedge Funds Weigh In On GAP

Hedge funds have recently bought and sold shares of the stock. Cullen Frost Bankers Inc. purchased a new position in GAP during the fourth quarter worth $26,000. Plato Investment Management Ltd purchased a new position in GAP during the fourth quarter worth $28,000. V Square Quantitative Management LLC purchased a new position in GAP during the fourth quarter worth $31,000. Cornerstone Planning Group LLC purchased a new position in GAP during the third quarter worth $35,000. Finally, EverSource Wealth Advisors LLC increased its position in GAP by 177.0% during the second quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock worth $153,000 after buying an additional 4,483 shares in the last quarter. Hedge funds and other institutional investors own 58.81% of the company’s stock.

Key GAP News

Here are the key news stories impacting GAP this week:

• Negative Sentiment: The Gap reported Q1 EPS of $0.38, missing estimates, and revenue of $3.50 billion, also slightly below expectations. The market is reacting to the earnings miss and lower revenue trend. Article Title
• Negative Sentiment: Management lowered fiscal 2026 revenue guidance to 1% to 2% growth from 2% to 3%, citing slower Old Navy growth and weaker-than-expected spring/summer demand. Article Title
• Negative Sentiment: Several headlines highlighted that shares fell sharply after the company’s cautious Q2 outlook and sales guidance reset, with analysts and media focusing on the weak consumer backdrop and pressure on nonessential spending. Article Title
• Neutral Sentiment: Gap still posted 2% comparable sales growth for a ninth straight quarter, and the flagship Gap brand remained relatively strong, which partially offsets the weaker outlook. Article Title
• Neutral Sentiment: Analysts broadly kept positive or neutral ratings but lowered price targets, signaling that Wall Street sees upside from current levels, while acknowledging slower near-term growth. Article Title
• Negative Sentiment: A shareholder investigation notice added another overhang, reflecting investor concern that the quarter’s results may have involved disclosure or securities-law issues. Article Title

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.