GAP (NYSE:GAP) Price Target Lowered to $28.00 at The Goldman Sachs Group

GAP (NYSE:GAP) had its price objective cut by The Goldman Sachs Group from $32.00 to $28.00 in a research note published on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other analysts have also commented on the company. TD Cowen decreased their price target on GAP from $32.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. JPMorgan Chase & Co. boosted their price objective on GAP from $33.00 to $35.00 and gave the stock an “overweight” rating in a research note on Friday, March 20th. Weiss Ratings raised GAP from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. Evercore set a $20.00 price objective on GAP and gave the stock an “in-line” rating in a research note on Friday. Finally, Wall Street Zen lowered GAP from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $28.71.

GAP Stock Performance

GAP opened at $21.14 on Friday. The stock’s 50 day simple moving average is $24.20 and its 200-day simple moving average is $25.66. The company has a current ratio of 1.75, a quick ratio of 1.08 and a debt-to-equity ratio of 0.39. 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. GAP has a 1 year low of $18.68 and a 1 year high of $29.36.

GAP (NYSE:GAP) last announced 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 company 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%. GAP’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 EPS. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. Sell-side analysts forecast that GAP will post 2.29 EPS for the current year.

GAP Announces Dividend

The business 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 $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Wednesday, July 8th. GAP’s dividend payout ratio is currently 27.56%.

Insider Buying and Selling

In related news, major shareholder John J. Fisher sold 300,000 shares of the stock in a transaction that occurred on 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 transaction, the insider directly owned 446,781 shares of the company’s stock, valued at approximately $11,348,237.40. This represents a 40.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Julie Gruber sold 5,302 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $27.00, for a total value of $143,154.00. Following the transaction, the insider directly owned 58,414 shares of the company’s stock, valued at $1,577,178. This trade represents a 8.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 923,098 shares of company stock valued at $22,648,158. 31.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Glenmede Trust Co. NA boosted its position in GAP by 146.5% during the first quarter. Glenmede Trust Co. NA now owns 77,435 shares of the company’s stock valued at $1,874,000 after purchasing an additional 46,017 shares during the last quarter. Kentucky Retirement Systems acquired a new position in GAP during the first quarter valued at approximately $529,000. California State Teachers Retirement System boosted its position in GAP by 23.5% during the first quarter. California State Teachers Retirement System now owns 279,201 shares of the company’s stock valued at $6,757,000 after purchasing an additional 53,098 shares during the last quarter. Miller Howard Investments Inc. NY boosted its position in GAP by 112.2% during the first quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company’s stock valued at $41,237,000 after purchasing an additional 900,855 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in GAP by 2.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 73,812 shares of the company’s stock valued at $1,890,000 after purchasing an additional 1,945 shares during the last quarter. 58.81% of the stock is owned by institutional investors and hedge funds.

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.