Telsey Advisory Group Reaffirms “Market Perform” Rating for Stitch Fix (NASDAQ:SFIX)

Stitch Fix (NASDAQ:SFIX)‘s stock had its “market perform” rating reiterated by stock analysts at Telsey Advisory Group in a note issued to investors on Wednesday,Benzinga reports. They currently have a $6.00 price target on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 47.78% from the stock’s current price.

Other equities analysts have also issued reports about the company. UBS Group reaffirmed a “neutral” rating on shares of Stitch Fix in a research note on Wednesday, September 17th. William Blair raised Stitch Fix from a “market perform” rating to an “outperform” rating in a research note on Monday, July 14th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a report on Thursday, September 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stitch Fix in a report on Wednesday, October 8th. Finally, Zacks Research upgraded Stitch Fix from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $6.00.

Stitch Fix Stock Performance

Shares of NASDAQ SFIX opened at $4.06 on Wednesday. Stitch Fix has a 52 week low of $2.60 and a 52 week high of $6.99. The stock has a market capitalization of $544.49 million, a P/E ratio of -8.83 and a beta of 2.08. The stock’s fifty day moving average is $4.90 and its 200 day moving average is $4.42.

Stitch Fix (NASDAQ:SFIX) last released its quarterly earnings data on Wednesday, September 24th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.03. The business had revenue of $311.23 million for the quarter, compared to analyst estimates of $307.15 million. Stitch Fix had a negative return on equity of 14.57% and a negative net margin of 2.27%.Stitch Fix’s revenue was down 2.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.30) earnings per share. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts forecast that Stitch Fix will post -0.44 earnings per share for the current year.

Insider Activity at Stitch Fix

In related news, insider Anthony Bacos sold 90,000 shares of Stitch Fix stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $5.61, for a total transaction of $504,900.00. Following the transaction, the insider owned 799,966 shares of the company’s stock, valued at $4,487,809.26. The trade was a 10.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Katrina Lake sold 151,150 shares of Stitch Fix stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $5.03, for a total value of $760,284.50. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 291,150 shares of company stock valued at $1,485,685 over the last 90 days. Insiders own 16.95% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SFIX. Ameritas Investment Partners Inc. boosted its position in Stitch Fix by 32.3% in the second quarter. Ameritas Investment Partners Inc. now owns 10,839 shares of the company’s stock worth $40,000 after purchasing an additional 2,645 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in Stitch Fix by 3.3% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 84,760 shares of the company’s stock worth $275,000 after purchasing an additional 2,700 shares in the last quarter. Wescott Financial Advisory Group LLC lifted its holdings in Stitch Fix by 30.0% during the 2nd quarter. Wescott Financial Advisory Group LLC now owns 13,000 shares of the company’s stock worth $48,000 after purchasing an additional 3,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Stitch Fix by 7.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,270 shares of the company’s stock worth $199,000 after purchasing an additional 3,993 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Stitch Fix by 12.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 39,807 shares of the company’s stock worth $147,000 after purchasing an additional 4,303 shares in the last quarter. Hedge funds and other institutional investors own 71.04% of the company’s stock.

About Stitch Fix

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.