Gap (GPS) Stock Forecast, Price Target & Predictions
GPS Stock Forecast
Gap stock forecast is as follows: an average price target of $20.87 (represents a -1.60% downside from GPS’s last price of $21.21) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.
GPS Price Target
The average price target for Gap (GPS) is $20.87 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $8.00. This represents a potential -1.60% downside from GPS's last price of $21.21.
GPS Analyst Ratings
According to 19 Wall Street analysts, Gap's rating consensus is 'Buy'. The analyst rating breakdown for GPS stock is 0 'Strong Buy' (0.00%), 9 'Buy' (47.37%), 6 'Hold' (31.58%), 4 'Sell' (21.05%), and 0 'Strong Sell' (0.00%).
Gap Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 29, 2024 | Zachary Warring | CFRA | $22.00 | $22.80 | -3.51% | 3.72% |
| Jul 31, 2024 | Lorraine Hutchinson | Bank of America Securities | $25.00 | $23.48 | 6.47% | 17.87% |
| Jul 18, 2024 | Alex Straton | Morgan Stanley | $29.00 | $22.95 | 26.36% | 36.73% |
| May 31, 2024 | Zachary Warring | CFRA | $20.00 | $28.26 | -29.23% | -5.70% |
| May 31, 2024 | Simeon Siegel | BMO Capital | $23.00 | $22.52 | 2.13% | 8.44% |
| May 31, 2024 | Mark Altschwager | Robert W. Baird | $28.00 | $22.52 | 24.33% | 32.01% |
| May 31, 2024 | Dana Telsey | Telsey Advisory | $29.00 | $22.52 | 28.77% | 36.73% |
| May 31, 2024 | Michael Binetti | Evercore ISI | $32.00 | $22.52 | 42.10% | 50.87% |
| May 28, 2024 | Jay Sole | UBS | $9.00 | $20.98 | -57.10% | -57.57% |
| Mar 26, 2024 | Ike Boruchow | Wells Fargo | $32.00 | $27.91 | 14.65% | 50.87% |
The latest Gap stock forecast, released on Aug 29, 2024 by Zachary Warring from CFRA, set a price target of $22.00, which represents a -3.51% decrease from the stock price at the time of the forecast ($22.80), and a 3.72% increase from GPS last price ($21.21).
Gap Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 11 |
| Avg Price Target | $22.00 | $25.33 | $24.93 |
| Last Closing Price | $21.21 | $21.21 | $21.21 |
| Upside/Downside | 3.72% | 19.42% | 17.54% |
In the current month, the average price target of Gap stock is $22.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 3.72% increase as opposed to Gap's last price of $21.21. This month's average price target is down -13.15% compared to last quarter, and down -11.75% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 21, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 18, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Jul 18, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Jun 25, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Jun 25, 2024 | Cowen & Co. | Hold | Buy | Upgrade |
| Jun 03, 2024 | Barclays | Overweight | Overweight | Hold |
| May 31, 2024 | Jefferies | Hold | Hold | Hold |
| May 31, 2024 | CFRA | Sell | Sell | Hold |
| May 31, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 31, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Gap's last stock rating was published by Citigroup on Aug 21, 2024. The company gave GPS a "Buy" rating, the same as its previous rate.
Gap Financial Forecast
Gap Revenue Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | Apr 22 | Jan 22 | Oct 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Apr 18 | Jan 18 | Oct 17 | Jul 17 | Apr 17 | Jan 17 | Oct 16 | Jul 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.48B | $4.53B | $3.94B | - | $4.42B | - | - | - | - | $3.84B | $3.80B | $3.44B | $4.43B | $3.80B | $3.85B |
| Avg Forecast | $4.17B | $3.88B | $3.64B | $3.41B | $4.07B | $3.83B | $3.62B | $3.28B | $4.22B | $3.61B | $3.58B | $3.28B | $4.36B | $3.82B | $3.82B | $3.70B | $4.52B | $4.49B | $4.66B | $4.87B | $562.43M | $3.30B | $4.54B | $3.57B | $3.41B | $2.77B | $4.43B | $3.80B | $3.79B | $3.44B |
| High Forecast | $4.17B | $3.88B | $3.64B | $3.41B | $4.07B | $3.83B | $3.71B | $3.28B | $4.22B | $3.66B | $3.58B | $3.28B | $4.36B | $3.82B | $3.90B | $4.44B | $5.43B | $5.39B | $5.59B | $5.84B | $674.91M | $3.96B | $5.45B | $4.29B | $4.09B | $3.33B | $5.31B | $4.56B | $4.54B | $4.13B |
| Low Forecast | $4.17B | $3.88B | $3.64B | $3.41B | $4.07B | $3.83B | $3.57B | $3.28B | $4.22B | $3.52B | $3.58B | $3.28B | $4.36B | $3.82B | $3.74B | $2.96B | $3.62B | $3.59B | $3.73B | $3.89B | $449.94M | $2.64B | $3.63B | $2.86B | $2.72B | $2.22B | $3.54B | $3.04B | $3.03B | $2.75B |
| # Analysts | 5 | 3 | 3 | 6 | 3 | 4 | 9 | 6 | 8 | 13 | 7 | 6 | 6 | 5 | 5 | 17 | 16 | 19 | 17 | 20 | 8 | 11 | 19 | 15 | 16 | 12 | 20 | 9 | 9 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.00% | 0.88% | - | 0.91% | - | - | - | - | 1.13% | 1.37% | 0.78% | 1.17% | 1.00% | 1.12% |
Gap's average Quarter revenue forecast for Aug 22 based on 5 analysts is $3.82B, with a low forecast of $3.74B, and a high forecast of $3.90B. GPS's average Quarter revenue forecast represents a 9.85% increase compared to the company's last Quarter revenue of $3.48B (Apr 22).
Gap EBITDA Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | Apr 22 | Jan 22 | Oct 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Apr 18 | Jan 18 | Oct 17 | Jul 17 | Apr 17 | Jan 17 | Oct 16 | Jul 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 3 | 3 | 6 | 3 | 4 | 9 | 6 | 8 | 13 | 7 | 6 | 6 | 5 | 5 | 17 | 16 | 19 | 17 | 20 | 8 | 11 | 19 | 15 | 16 | 12 | 20 | 9 | 9 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-67.00M | $140.00M | $-43.00M | - | $263.00M | - | - | - | - | $521.00M | $596.00M | $395.00M | $447.00M | $538.00M | $436.00M |
| Avg Forecast | $210.99M | $196.09M | $183.91M | $172.48M | $205.64M | $193.77M | $183.25M | $-18.61M | $213.14M | $182.44M | $181.04M | $-16.91M | $220.25M | $329.94M | $193.13M | $-13.37M | $-56.50M | $299.95M | $128.58M | $366.84M | $-1.74B | $-81.13M | $484.57M | $482.41M | $527.23M | $299.66M | $447.00M | $538.00M | $428.61M | $371.00M |
| High Forecast | $210.99M | $196.09M | $183.91M | $172.48M | $205.64M | $193.77M | $187.80M | $-14.89M | $213.14M | $184.87M | $181.04M | $-13.53M | $220.25M | $395.93M | $197.18M | $-10.70M | $-45.20M | $359.94M | $154.29M | $440.21M | $-1.40B | $-64.91M | $581.48M | $578.89M | $632.68M | $359.59M | $536.40M | $645.60M | $514.33M | $445.20M |
| Low Forecast | $210.99M | $196.09M | $183.91M | $172.48M | $205.64M | $193.77M | $180.72M | $-22.33M | $213.14M | $178.06M | $181.04M | $-20.30M | $220.25M | $263.96M | $189.09M | $-16.05M | $-67.80M | $239.96M | $102.86M | $293.48M | $-2.09B | $-97.36M | $387.66M | $385.93M | $421.78M | $239.72M | $357.60M | $430.40M | $342.89M | $296.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.01% | -2.48% | -0.14% | - | 0.72% | - | - | - | - | 0.99% | 1.99% | 0.88% | 0.83% | 1.26% | 1.18% |
17 analysts predict GPS's average Quarter EBITDA for Apr 22 to be $-13.37M, with a high of $-10.70M and a low of $-16.05M. This is -109.55% lower than Gap's previous annual EBITDA (Jan 22) of $140.00M.
Gap Net Income Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | Apr 22 | Jan 22 | Oct 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Apr 18 | Jan 18 | Oct 17 | Jul 17 | Apr 17 | Jan 17 | Oct 16 | Jul 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 3 | 3 | 6 | 3 | 4 | 9 | 6 | 8 | 13 | 7 | 6 | 6 | 5 | 5 | 17 | 16 | 19 | 17 | 20 | 8 | 11 | 19 | 15 | 16 | 12 | 20 | 9 | 9 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-162.00M | $-16.00M | $-152.00M | - | $234.00M | - | - | - | - | $229.00M | $271.00M | $143.00M | $220.00M | $204.00M | $125.00M |
| Avg Forecast | $152.90M | $232.89M | $156.43M | $151.37M | $133.54M | $227.23M | $152.72M | $-37.21M | $86.31M | $76.39M | $35.98M | $-33.83M | $-177.12M | $159.41M | $-20.50M | $-26.74M | $-199.73M | $144.92M | $114.40M | $115.78M | $-1.46B | $-118.48M | $194.40M | $212.04M | $239.73M | $108.48M | $220.00M | $204.00M | $122.88M | $127.00M |
| High Forecast | $152.90M | $232.89M | $156.43M | $151.37M | $133.54M | $227.23M | $218.17M | $-29.77M | $86.31M | $114.58M | $35.98M | $-27.06M | $-177.12M | $191.29M | $-19.94M | $-21.39M | $-159.78M | $173.90M | $137.28M | $138.94M | $-1.17B | $-94.78M | $233.28M | $254.44M | $287.68M | $130.18M | $264.00M | $244.80M | $147.46M | $152.40M |
| Low Forecast | $152.90M | $232.89M | $156.43M | $151.37M | $133.54M | $227.23M | $116.36M | $-44.66M | $86.31M | $-90.71M | $35.98M | $-40.60M | $-177.12M | $127.53M | $-21.05M | $-32.09M | $-239.67M | $115.94M | $91.52M | $92.63M | $-1.76B | $-142.17M | $155.52M | $169.63M | $191.78M | $86.79M | $176.00M | $163.20M | $98.31M | $101.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.06% | 0.08% | -1.05% | - | 2.02% | - | - | - | - | 0.96% | 2.50% | 0.65% | 1.08% | 1.66% | 0.98% |
Gap's average Quarter net income forecast for Apr 21 is $114.40M, with a range of $91.52M to $137.28M. GPS's average Quarter net income forecast represents a -51.11% decrease compared to the company's last Quarter net income of $234.00M (Jan 21).
Gap SG&A Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | Apr 22 | Jan 22 | Oct 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Apr 18 | Jan 18 | Oct 17 | Jul 17 | Apr 17 | Jan 17 | Oct 16 | Jul 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 3 | 3 | 6 | 3 | 4 | 9 | 6 | 8 | 13 | 7 | 6 | 6 | 5 | 5 | 17 | 16 | 19 | 17 | 20 | 8 | 11 | 19 | 15 | 16 | 12 | 20 | 9 | 9 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $1.42B | $1.32B | $1.24B | $1.16B | $1.39B | $1.31B | $1.24B | $1.12B | $1.44B | $1.23B | $1.22B | $1.12B | $1.48B | $1.30B | $1.30B | $1.05B | $1.28B | $1.27B | $1.32B | $1.38B | $159.70M | $938.19M | $1.29B | $1.01B | $967.14M | $786.86M | $1.26B | $1.08B | $1.08B | $976.23M |
| High Forecast | $1.42B | $1.32B | $1.24B | $1.16B | $1.39B | $1.31B | $1.27B | $1.12B | $1.44B | $1.25B | $1.22B | $1.12B | $1.48B | $1.30B | $1.33B | $1.26B | $1.54B | $1.53B | $1.59B | $1.66B | $191.64M | $1.13B | $1.55B | $1.22B | $1.16B | $944.23M | $1.51B | $1.29B | $1.29B | $1.17B |
| Low Forecast | $1.42B | $1.32B | $1.24B | $1.16B | $1.39B | $1.31B | $1.22B | $1.12B | $1.44B | $1.20B | $1.22B | $1.12B | $1.48B | $1.30B | $1.27B | $840.13M | $1.03B | $1.02B | $1.06B | $1.11B | $127.76M | $750.55M | $1.03B | $811.72M | $773.71M | $629.49M | $1.01B | $862.76M | $860.22M | $780.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gap's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to GPS last annual SG&A of $NaN (undefined).
Gap EPS Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | Apr 22 | Jan 22 | Oct 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Apr 18 | Jan 18 | Oct 17 | Jul 17 | Apr 17 | Jan 17 | Oct 16 | Jul 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 3 | 3 | 6 | 3 | 4 | 9 | 6 | 8 | 13 | 7 | 6 | 6 | 5 | 5 | 17 | 16 | 19 | 17 | 20 | 8 | 11 | 19 | 15 | 16 | 12 | 20 | 9 | 9 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.44 | $-0.04 | $-0.40 | - | $0.62 | - | - | - | - | $0.59 | $0.69 | $0.36 | $0.55 | $0.51 | $0.31 |
| Avg Forecast | $0.40 | $0.61 | $0.41 | $0.40 | $0.35 | $0.59 | $0.40 | $0.14 | $0.23 | $0.20 | $0.09 | $-0.16 | $-0.46 | - | $-0.05 | $1.43 | $1.89 | $1.25 | $0.09 | $0.39 | $-1.05 | $0.26 | $0.55 | $0.50 | $0.46 | $0.22 | $0.51 | $0.60 | $0.58 | $0.32 |
| High Forecast | $0.40 | $0.61 | $0.41 | $0.40 | $0.35 | $0.59 | $0.57 | $0.14 | $0.23 | $0.30 | $0.09 | $-0.16 | $-0.46 | - | $-0.05 | $1.46 | $1.93 | $1.27 | $0.11 | $0.47 | $-0.84 | $0.32 | $0.66 | $0.60 | $0.55 | $0.26 | $0.61 | $0.72 | $0.70 | $0.38 |
| Low Forecast | $0.40 | $0.61 | $0.41 | $0.40 | $0.35 | $0.59 | $0.30 | $0.14 | $0.23 | $-0.24 | $0.09 | $-0.16 | $-0.46 | - | $-0.05 | $1.39 | $1.84 | $1.21 | $0.07 | $0.31 | $-1.26 | $0.21 | $0.44 | $0.40 | $0.37 | $0.18 | $0.41 | $0.48 | $0.46 | $0.26 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.31% | -0.02% | -0.32% | - | 1.59% | - | - | - | - | 1.28% | 3.14% | 0.71% | 0.92% | 0.88% | 0.97% |
According to 17 Wall Street analysts, Gap's projected average Quarter EPS for Apr 21 is $0.09, with a low estimate of $0.07 and a high estimate of $0.11. This represents a -85.48% decrease compared to GPS previous annual EPS of $0.62 (Jan 21).
Gap Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXPR | Express | $0.83 | $20.00 | 2309.64% | Buy |
| LULU | Lululemon Athletica | $266.76 | $410.00 | 53.70% | Buy |
| AEO | American Eagle Outfitters | $19.78 | $27.62 | 39.64% | Hold |
| PLCE | Children's Place | $14.52 | $19.00 | 30.85% | Hold |
| URBN | Urban Outfitters | $36.03 | $41.08 | 14.02% | Hold |
| FL | Foot Locker | $26.94 | $29.63 | 9.99% | Hold |
| ANF | Abercrombie & Fitch | $142.19 | $151.89 | 6.82% | Buy |
| BURL | Burlington Stores | $277.45 | $261.14 | -5.88% | Buy |
| GPS | Gap | $24.55 | $20.87 | -14.99% | Buy |
| HIBB | Hibbett | $87.49 | $71.10 | -18.73% | Hold |
GPS Forecast FAQ
Is Gap a good buy?
Yes, according to 19 Wall Street analysts, Gap (GPS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 47.37% of GPS's total ratings.
What is GPS's price target?
Gap (GPS) average price target is $20.87 with a range of $8 to $40, implying a -1.60% from its last price of $21.21. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Gap stock go up soon?
According to Wall Street analysts' prediction for GPS stock, the company can go down by -1.60% (from the last price of $21.21 to the average price target of $20.87), up by 88.59% based on the highest stock price target, and down by -62.28% based on the lowest stock price target.
Can Gap stock reach $30?
GPS's highest twelve months analyst stock price target of $40 supports the claim that Gap can reach $30 in the near future.
What is Gap's current price target trend?
1 Wall Street analyst forecast a $22 price target for Gap (GPS) this month, up 3.72% from its last price of $21.21. Compared to the last 3 and 12 months, the average price target increased by 19.42% and increased by 17.54%, respectively.
Did the GPS's actual financial results beat the analysts' financial forecasts?
Based on Gap's last annual report (Jan 2022), the company's revenue was $16.67B, beating the average analysts forecast of $13.67B by 21.92%. Apple's EBITDA was $1.64B, beating the average prediction of $372.02M by 340.56%. The company's net income was $256M, beating the average estimation of $59.59M by 329.59%. Apple's SG&A was $0, missing the average forecast of $3.88B by -100.00%. Lastly, the company's EPS was $0.68, missing the average prediction of $3.23 by -78.93%. In terms of the last quarterly report (Apr 2022), Gap's revenue was $3.48B, missing the average analysts' forecast of $3.7B by -5.99%. The company's EBITDA was $-67M, beating the average prediction of $-13.371M by 401.07%. Gap's net income was $-162M, beating the average estimation of $-26.743M by 505.77%. The company's SG&A was $0, missing the average forecast of $1.05B by -100.00%. Lastly, the company's EPS was $-0.44, missing the average prediction of $1.43 by -130.80%