GAP (NYSE:GAP – Get Free Report) had its price target upped by investment analysts at JPMorgan Chase & Co. from $33.00 to $35.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 46.47% from the stock’s previous close.
Several other analysts have also weighed in on the company. Wells Fargo & Company set a $30.00 price target on GAP and gave the company an “overweight” rating in a report on Tuesday, December 16th. Citigroup lifted their price objective 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. Telsey Advisory Group boosted their price objective on shares of GAP from $32.00 to $34.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Guggenheim began coverage on shares of GAP in a research note on Tuesday, December 9th. They issued a “neutral” rating on the stock. Finally, Weiss Ratings lowered shares of GAP from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $30.62.
GAP Trading Down 0.8%
GAP (NYSE:GAP – Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The company had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. As a group, research analysts forecast that GAP will post 2.02 EPS for the current year.
Insiders Place Their Bets
In other GAP news, CFO Katrina O’connell sold 8,486 shares of the stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $23.74, for a total value of $201,457.64. Following the sale, the chief financial officer owned 11,503 shares in the company, valued at $273,081.22. This trade represents a 42.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Julie Gruber sold 74,217 shares of GAP stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $23.85, for a total value of $1,770,075.45. Following the sale, the insider owned 53,970 shares of the company’s stock, valued at approximately $1,287,184.50. This trade represents a 57.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 395,823 shares of company stock worth $9,428,942 over the last quarter. Company insiders own 30.56% of the company’s stock.
Institutional Investors Weigh In On GAP
Several large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio increased its holdings in GAP by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 71,867 shares of the company’s stock worth $1,537,000 after purchasing an additional 447 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in shares of GAP by 1.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 45,799 shares of the company’s stock worth $980,000 after buying an additional 600 shares during the period. Cullen Frost Bankers Inc. bought a new position in shares of GAP during the 4th quarter worth $26,000. Plato Investment Management Ltd bought a new position in shares of GAP during the 4th quarter worth $28,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of GAP during the fourth quarter valued at $31,000. 58.81% of the stock is owned by hedge funds and other institutional investors.
More GAP News
Here are the key news stories impacting GAP this week:
- Positive Sentiment: JPMorgan raised its price target to $35 and moved GAP to an “overweight,” signaling sizable upside versus the current price and providing institutional buying support. Article Title
- Positive Sentiment: Gap increased its quarterly dividend to $0.175 (annualized $0.70, ~2.9% yield), a signal of cash return to shareholders and modest support for the stock. MarketBeat GAP Coverage
- Neutral Sentiment: Zacks Research issued a batch of EPS revisions that are mixed by quarter but show higher full‑year numbers (FY2027/28/29 increases). The revisions introduce both upside to longer‑term consensus and near‑term volatility as some quarterly estimates were cut.
- Neutral Sentiment: Recent results: GAP reported $0.45 EPS for the quarter (slightly missing consensus by $0.01) with revenue roughly in line and FY2026 guidance of $2.20–$2.35. That guidance anchors expectations but leaves limited immediate upside. Earnings/Guidance
- Neutral Sentiment: Analyst coverage remains mixed-to-positive overall (several buy/overweight calls and some holds), with average target around the low $30s — supporting medium‑term upside if execution meets expectations.
- Negative Sentiment: Insider selling: CEO Mark Breitbard disclosed recent sales (including 8,486 shares on 3/19) and the CFO also sold sizeable blocks (8,486 shares; a reported ~42% drop in her stake). Large, clustered insider sales are creating negative headline risk and may be fueling near‑term selling pressure. InsiderTrades CEO Sale CFO Sale
About GAP
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.
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