Gap (GPS) Stock Forecast, Price Target & Predictions


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GPS Stock Forecast


Gap stock forecast is as follows: an average price target of $25.33 (represents a 25.64% upside from GPS’s last price of $20.16) 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 $25.33 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $22.00. This represents a potential 25.64% upside from GPS's last price of $20.16.

GPS Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 29, 2024Zachary WarringCFRA$22.00$22.80-3.51%9.13%
Jul 31, 2024Lorraine HutchinsonBank of America Securities$25.00$23.486.47%24.01%
Jul 18, 2024Alex StratonMorgan Stanley$29.00$22.9526.36%43.85%
May 31, 2024Zachary WarringCFRA$20.00$28.26-29.23%-0.79%
May 31, 2024Simeon SiegelBMO Capital$23.00$22.522.13%14.09%
May 31, 2024Mark AltschwagerRobert W. Baird$28.00$22.5224.33%38.89%
May 31, 2024Dana TelseyTelsey Advisory$29.00$22.5228.77%43.85%
May 31, 2024Michael BinettiEvercore ISI$32.00$22.5242.10%58.73%
May 28, 2024Jay SoleUBS$9.00$20.98-57.10%-55.36%
Mar 26, 2024Ike BoruchowWells Fargo$32.00$27.9114.65%58.73%
Mar 08, 2024Jenny LiuKGI Securities$25.20$20.9220.46%25.00%
Aug 23, 2023Randal KonikJefferies$9.00$9.65-6.74%-55.36%
May 26, 2023Dana TelseyTelsey Advisory$11.00$8.4030.87%-45.44%
May 22, 2023Dana TelseyTelsey Advisory$13.00$7.9563.52%-35.52%
Nov 22, 2022Morgan Stanley$12.00$14.47-17.07%-40.48%
Nov 11, 2022Citigroup$8.00$11.53-30.62%-60.32%
Aug 31, 2022Adrienne YihBarclays$9.00$9.67-6.93%-55.36%
Aug 26, 2022Alex StratonMorgan Stanley$8.00$9.96-19.68%-60.32%
Jul 19, 2022Gabriella CarboneDeutsche Bank$9.00$9.35-3.74%-55.36%
Jul 12, 2022Kimberley GreenbergerMorgan Stanley$7.50$8.21-8.64%-62.80%
Jul 12, 2022Michael BinettiCredit Suisse$8.00$8.21-2.55%-60.32%
Jul 12, 2022Ike BoruchowWells Fargo$10.00$8.2121.81%-50.40%
May 27, 2022Gabriella CarboneDeutsche Bank$12.00$10.6612.52%-40.48%
May 27, 2022Matthew BossJ.P. Morgan$9.00$11.12-19.06%-55.36%
May 27, 2022Gabriella CarboneDeutsche Bank$12.00$11.603.45%-40.48%
Apr 25, 2022Lorraine HutchinsonBank of America Securities$12.00$12.04-0.37%-40.48%
Apr 22, 2022Goldman Sachs$14.00$11.6220.53%-30.56%
Apr 22, 2022Simeon SiegelBMO Capital$13.00$11.7210.92%-35.52%
Apr 22, 2022Dana TelseyTelsey Advisory$15.00$11.7227.99%-25.60%
Apr 22, 2022Mark AltschwagerRobert W. Baird$14.00$11.5121.63%-30.56%
Apr 22, 2022Michael BinettiCredit Suisse$13.00$11.7210.92%-35.52%
Apr 22, 2022Deutsche Bank$17.00$14.2918.96%-15.67%
Apr 22, 2022Kimberly GreenbergerMorgan Stanley$13.00$14.29-9.03%-35.52%
Apr 21, 2022Gabriella CarboneDeutsche Bank$17.00$14.2918.96%-15.67%
Apr 21, 2022Mark AltschwagerRobert W. Baird$14.00$14.29-2.03%-30.56%
Apr 10, 2022Ike BoruchowWells Fargo$20.00$13.3150.26%-0.79%
Mar 13, 2022Oliver ChenCowen & Co.$16.00$14.1113.39%-20.63%
Feb 16, 2022Gabriella CarboneDeutsche Bank$26.00$15.1871.28%28.97%
Feb 15, 2022Lorraine HutchinsonBank of America Securities$14.00$15.33-8.68%-30.56%
Jan 23, 2022Kimberly GreenbergerMorgan Stanley$14.00$15.86-11.73%-30.56%
Jan 02, 2022Mark AltschwagerRobert W. Baird$26.00$18.0943.73%28.97%
Dec 14, 2021Brooke RoachGoldman Sachs$25.00$16.2354.04%24.01%
Nov 30, 2021Corey TarloweJefferies$23.00$16.2541.54%14.09%
Nov 24, 2021Roxanne MeyerMKM Partners$22.00$17.5425.43%9.13%
Nov 24, 2021Jay SoleUBS$25.00$17.5442.53%24.01%
Oct 22, 2021Paul LejuezCitigroup$25.00$22.1412.92%24.01%
May 28, 2021Beth ReedTruist Financial$40.00$32.6022.70%98.41%
May 04, 2021Jennifer ReddingWedbush$40.00$34.3216.55%98.41%

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 9.13% increase from GPS last price ($20.16).

Gap Price Target by Period


1M3M12M
# Anlaysts--11
Avg Price Target--$24.93
Last Closing Price$20.16$20.16$20.16
Upside/Downside-100.00%-100.00%23.66%

In the current month, the average price target of Gap stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Gap's last price of $20.16. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 21, 2024CitigroupBuyBuyHold
Jul 18, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Jul 18, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jun 25, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Jun 25, 2024Cowen & Co.HoldBuyUpgrade
Jun 03, 2024BarclaysOverweightOverweightHold
May 31, 2024JefferiesHoldHoldHold
May 31, 2024CFRASellSellHold
May 31, 2024BMO CapitalMarket PerformMarket PerformHold
May 31, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 31, 2024Telsey AdvisoryMarket PerformMarket PerformHold
May 31, 2024Bank of America SecuritiesUnderperformUnderperformHold
May 31, 2024Evercore ISIOutperformOutperformHold
May 28, 2024UBSSellSellHold
May 24, 2024Wells FargoMarket PerformMarket PerformHold
May 21, 2024CitigroupBuyBuyHold
May 14, 2024Cowen & Co.HoldHoldHold
May 07, 2024CitigroupNeutralBuyUpgrade
May 06, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Apr 25, 2024Wells FargoMarket PerformMarket PerformHold
Apr 25, 2024Telsey AdvisoryUnderperformUnderperformHold
Apr 25, 2024Goldman SachsBuyBuyHold
Mar 11, 2024Telsey AdvisoryUnderperformUnderperformHold
Mar 11, 2024Wells FargoMarket PerformMarket PerformHold
Mar 08, 2024Evercore ISIOutperformOutperformHold
Mar 08, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Mar 08, 2024BarclaysOverweightOverweightHold
Mar 08, 2024Wells FargoOverweightOverweightHold
Dec 22, 2023Wells FargoMarket PerformMarket PerformHold
Nov 17, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Nov 17, 2023BMO CapitalMarket PerformMarket PerformHold
Nov 17, 2023Goldman SachsBuyBuyHold
Nov 17, 2023Wells FargoOverweightOverweightHold
Nov 17, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Oct 25, 2023Wells FargoEqual-WeightOverweightUpgrade
Sep 13, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Aug 18, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Aug 01, 2023BarclaysEqual-WeightOverweightUpgrade
Jul 06, 2023BarclaysEqual-WeightEqual-WeightHold
May 22, 2023Telsey AdvisoryMarket PerformMarket PerformHold
May 19, 2023CitigroupBuyNeutralUpgrade
Mar 21, 2023BarclaysEqual-WeightEqual-WeightHold
Mar 10, 2023CFRASellUpgrade
Mar 06, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Dec 12, 2022Goldman SachsBuySellDowngrade
Dec 12, 2022Morgan StanleyUnderweightEqual-WeightDowngrade
Dec 12, 2022CitigroupNeutralBuyUpgrade
Dec 12, 2022Piper SandlerUnderweightDowngrade
Dec 12, 2022Goldman SachsBuyUpgrade
Nov 22, 2022Morgan StanleyUnderweightUnderweightHold
Nov 18, 2022Telsey AdvisoryMarket PerformMarket PerformHold
Aug 30, 2022BarclaysReduceUnderweightUpgrade
Aug 26, 2022Morgan StanleyUnderweightUnderweightHold
Jul 12, 2022BarclaysReduceReduceHold
Jul 12, 2022Union GamingBuyBuyHold
Jul 12, 2022BarclaysUnderweightUnderweightHold
Jul 12, 2022Credit SuisseNeutralNeutralHold
Jul 12, 2022Wells FargoOverweightEqual-WeightDowngrade
Jul 12, 2022Telsey AdvisoryMarket PerformMarket PerformHold
Jul 12, 2022Morgan StanleyUnderweightSellDowngrade
Jul 12, 2022Wells FargoOverweightDowngrade
Jun 07, 2022B. RileyNeutralNeutralHold
May 27, 2022Morgan StanleyEqual-WeightUnderweightDowngrade
May 27, 2022J.P. MorganUnderweightDowngrade
May 27, 2022Credit SuisseNeutralNeutralHold
May 23, 2022CitigroupNeutralDowngrade
Apr 27, 2022Deutsche BankBuyBuyHold
Apr 25, 2022GuggenheimBuyUpgrade
Apr 25, 2022Bank of America SecuritiesSellSellHold
Apr 18, 2022Morgan StanleyEqual-WeightUpgrade
Feb 25, 2022Telsey AdvisoryMarket PerformMarket PerformHold
Feb 16, 2022Deutsche BankIn-LineIn-LineHold
Jul 31, 2021Deutsche BankBuyUpgrade

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 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18
Revenue-------------------$3.99B--$3.27B$2.11B$4.67B$4.00B$4.00B$3.71B$4.62B$3.78B
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$3.44B$4.49B$4.42B$4.12B$3.44B$4.66B$3.82B$2.91B$2.31B$4.54B$3.97B$4.02B$3.77B$4.69B$4.54B
High Forecast$4.17B$3.88B$3.64B$3.41B$4.07B$3.83B$3.71B$3.29B$4.22B$3.66B$3.58B$3.28B$4.36B$3.82B$3.82B$3.44B$4.49B$4.42B$4.12B$3.44B$4.66B$3.82B$2.91B$2.31B$4.54B$3.97B$4.02B$3.77B$4.69B$5.45B
Low Forecast$4.17B$3.88B$3.64B$3.41B$4.07B$3.83B$3.57B$3.28B$4.21B$3.52B$3.58B$3.28B$4.36B$3.82B$3.82B$3.44B$4.49B$4.42B$4.12B$3.44B$4.66B$3.82B$2.91B$2.31B$4.54B$3.97B$4.02B$3.77B$4.69B$3.63B
# Analysts5336349681376655556661217991010148819
Surprise %-------------------1.16%--1.13%0.91%1.03%1.01%1.00%0.98%0.99%0.83%

Gap's average Quarter revenue forecast for Aug 21 based on 6 analysts is $4.12B, with a low forecast of $4.12B, and a high forecast of $4.12B. GPS's average Quarter revenue forecast represents a 3.25% increase compared to the company's last Quarter revenue of $3.99B (May 21).

Gap EBITDA Forecast

Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18
# Analysts5336349681376655556661217991010148819
EBITDA-------------------$361.00M--$143.00M$-1.11B$-126.00M$368.00M$429.00M$460.00M$504.00M$375.00M
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$-62.15M$193.38M$193.13M$-13.37M$227.14M$223.75M$208.36M$128.58M$235.56M$193.02M$147.10M$-81.13M$229.79M$200.97M$203.43M$190.68M$236.98M$484.57M
High Forecast$210.99M$196.09M$183.91M$172.48M$205.64M$193.77M$187.80M$-14.89M$213.16M$184.87M$181.04M$-13.53M$-49.72M$193.38M$193.13M$-10.70M$227.14M$223.75M$208.36M$154.29M$235.56M$193.02M$147.10M$-64.91M$229.79M$200.97M$203.43M$190.68M$236.98M$581.48M
Low Forecast$210.99M$196.09M$183.91M$172.48M$205.64M$193.77M$180.72M$-22.33M$213.13M$178.06M$181.04M$-20.30M$-74.58M$193.38M$193.13M$-16.05M$227.14M$223.75M$208.36M$102.86M$235.56M$193.02M$147.10M$-97.36M$229.79M$200.97M$203.43M$190.68M$236.98M$387.66M
Surprise %-------------------2.81%--0.97%13.68%-0.55%1.83%2.11%2.41%2.13%0.77%

6 analysts predict GPS's average Quarter EBITDA for Aug 21 to be $208.36M, with a high of $208.36M and a low of $208.36M. This is -42.28% lower than Gap's previous annual EBITDA (May 21) of $361.00M.

Gap Net Income Forecast

Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18
# Analysts5336349681376655556661217991010148819
Net Income-------------------$166.00M--$-62.00M$-932.00M$-184.00M$140.00M$168.00M$227.00M$276.00M$164.00M
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$-219.70M$195.71K$-20.50M$-26.74M$-51.48M$186.87M$177.36M$114.40M$72.00M$121.40M$-157.86M$-118.48M$156.53M$196.21M$201.83M$121.53M$261.18M$194.40M
High Forecast$152.90M$232.89M$156.43M$151.37M$133.54M$227.23M$218.17M$-29.77M$86.75M$114.58M$35.98M$-27.06M$-175.76M$195.71K$-20.50M$-21.39M$-51.48M$186.87M$177.36M$137.28M$72.00M$121.40M$-157.86M$-94.78M$156.53M$196.21M$201.83M$121.53M$261.18M$233.28M
Low Forecast$152.90M$232.89M$156.43M$151.37M$133.54M$227.23M$116.36M$-44.66M$85.86M$-90.71M$35.98M$-40.60M$-263.64M$195.71K$-20.50M$-32.09M$-51.48M$186.87M$177.36M$91.52M$72.00M$121.40M$-157.86M$-142.17M$156.53M$196.21M$201.83M$121.53M$261.18M$155.52M
Surprise %-------------------1.45%--0.39%7.87%-1.18%0.71%0.83%1.87%1.06%0.84%

Gap's average Quarter net income forecast for Aug 21 is $177.36M, with a range of $177.36M to $177.36M. GPS's average Quarter net income forecast represents a 6.84% increase compared to the company's last Quarter net income of $166.00M (May 21).

Gap SG&A Forecast

Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18
# Analysts5336349681376655556661217991010148819
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$1.17B$1.53B$1.51B$1.40B$1.17B$1.59B$1.30B$991.52M$785.63M$1.55B$1.35B$1.37B$1.29B$1.60B$1.55B
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$1.30B$1.17B$1.53B$1.51B$1.40B$1.17B$1.59B$1.30B$991.52M$785.63M$1.55B$1.35B$1.37B$1.29B$1.60B$1.86B
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$1.30B$1.17B$1.53B$1.51B$1.40B$1.17B$1.59B$1.30B$991.52M$785.63M$1.55B$1.35B$1.37B$1.29B$1.60B$1.24B
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 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18
# Analysts5336349681376655556661217991010148819
EPS-------------------$0.44--$-0.17$-2.51$-0.49$0.37$0.44$0.60$0.72$0.42
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$-0.15$-0.13$0.49$0.46$-0.05$0.19$0.32$-0.41$-0.67$0.41$0.51$0.53$0.32$0.68$0.55
High Forecast$0.40$0.61$0.41$0.40$0.35$0.59$0.57$0.15$0.23$0.30$0.09$-0.16$-0.46-$-0.05$-0.15$-0.13$0.49$0.46$-0.05$0.19$0.32$-0.41$-0.67$0.41$0.51$0.53$0.32$0.68$0.66
Low Forecast$0.40$0.61$0.41$0.40$0.35$0.59$0.30$0.14$0.22$-0.24$0.09$-0.16$-0.46-$-0.05$-0.15$-0.13$0.49$0.46$-0.05$0.19$0.32$-0.41$-0.67$0.41$0.51$0.53$0.32$0.68$0.44
Surprise %--------------------8.45%--0.41%3.73%-1.20%0.72%0.83%1.89%1.06%0.76%

According to 6 Wall Street analysts, Gap's projected average Quarter EPS for Aug 21 is $0.46, with a low estimate of $0.46 and a high estimate of $0.46. This represents a 5.25% increase compared to GPS previous annual EPS of $0.44 (May 21).

Gap Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PLCEChildren's Place$11.25$18.0060.00%Hold
ANFAbercrombie & Fitch$152.74$194.0027.01%Buy
FLFoot Locker$22.26$28.2026.68%Hold
AEOAmerican Eagle Outfitters$17.20$20.0016.28%Hold
BURLBurlington Stores$291.22$317.008.85%Buy
LULULululemon Athletica$390.59$323.85-17.09%Buy
URBNUrban Outfitters$55.14$43.00-22.02%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 $25.33 with a range of $22 to $29, implying a 25.64% from its last price of $20.16. 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 up by 25.64% (from the last price of $20.16 to the average price target of $25.33), up by 43.85% based on the highest stock price target, and up by 9.13% based on the lowest stock price target.

Can Gap stock reach $30?

GPS's average twelve months analyst stock price target of $25.33 does not support the claim that Gap can reach $30 in the near future.

Did the GPS's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (May 2021), Gap's revenue was $3.99B, beating the average analysts' forecast of $3.44B by 16.17%. The company's EBITDA was $361M, beating the average prediction of $128.58M by 180.76%. Gap's net income was $166M, beating the average estimation of $114.4M by 45.10%. The company's SG&A was $0, missing the average forecast of $1.17B by -100.00%. Lastly, the company's EPS was $0.44, missing the average prediction of $-0.0521 by -944.55%