GAP (NYSE:GAP) Price Target Lowered to $26.00 at Wells Fargo & Company

GAP (NYSE:GAP) had its price objective lowered by Wells Fargo & Company from $30.00 to $26.00 in a research note released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

A number of other research analysts also recently issued reports on the company. Evercore set a $20.00 price target on GAP and gave the stock an “in-line” rating in a research note on Friday. Weiss Ratings upgraded GAP from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. Citigroup lifted their target price on GAP from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday, March 6th. BTIG Research reiterated a “buy” rating and issued a $28.00 target price on shares of GAP in a research note on Friday. Finally, The Goldman Sachs Group lowered their target price on GAP from $32.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $28.71.

GAP Stock Performance

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

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

GAP Announces Dividend

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

Insider Activity

In other GAP news, major shareholder John J. Fisher sold 300,000 shares of the business’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $25.40, for a total transaction of $7,620,000.00. Following the completion of the sale, the insider owned 446,781 shares of the company’s stock, valued at approximately $11,348,237.40. The trade was a 40.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Amanda J. Thompson sold 25,000 shares of the company’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $25.14, for a total value of $628,500.00. Following the completion of the sale, the insider directly owned 86,228 shares of the company’s stock, valued at $2,167,771.92. The trade was a 22.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 923,098 shares of company stock valued at $22,648,158 in the last 90 days. 31.00% of the stock is owned by corporate insiders.

Institutional Trading of GAP

Large investors have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. acquired a new stake in GAP in the 4th quarter valued at approximately $26,000. Plato Investment Management Ltd acquired a new position in shares of GAP during the 4th quarter valued at $28,000. V Square Quantitative Management LLC acquired a new position in shares of GAP during the 4th quarter valued at $31,000. Cornerstone Planning Group LLC acquired a new position in shares of GAP during the 3rd quarter valued at $35,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of GAP by 177.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock valued at $153,000 after purchasing an additional 4,483 shares during the period. 58.81% of the stock is currently owned by institutional investors and hedge funds.

GAP News Roundup

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.