DailyIQ
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Sector:Consumer CyclicalAll sectors
Last updated 2 minutes ago

TPR·Tapestry, Inc.

$.
+. (+.%)
After Hours
High
$142.29
Open
$140.15
Market Cap
28.31B
52W High
$161.97
Low
$139.22
P. Close
$140.73
P/E
42.71
52W Low
$92.62
Fwd P/E
18.12
DailyIQ Est.
$178.38
Technical Score (1D)
32
SELL
News Sentiment
70
BULLISH
Morgan Stanley’s reinstatement of an Overweight rating on Tapestry (TPR) and its $164 price target signals a fresh confidence in the brand’s upside, potentially lifting investor sentiment in the next 1–10 trading days; traders should watch the upcoming earnings for confirmation of the target and any guidance updates. The upgrade comes amid a valuation debate, as TPR’s 292‑percent five‑year run has drawn scrutiny and valuation metrics suggest the stock may be overvalued relative to peers, which could temper enthusiasm if earnings fail to justify the premium; earnings guidance and margin trends will be key to watch. Analysts note that TPR’s operating margin sits below the industry average and constant‑currency growth has slowed, raising concerns about cost control and market share, so margin performance in the next quarter will be a critical watch item. TPR’s removal from the Russell 1000, 2500, and 3000 Value indices may reduce passive fund exposure and liquidity, potentially leading to a short‑term dip if index funds rebalance; rebalancing schedules and trading volume should be monitored. The company’s forward P/E of 19.8, compared to a trailing 45.9, suggests analysts see room for valuation upside if cost‑control initiatives succeed, so cost‑control execution will be a key watch point. TPR has also launched &Coach, a Gen‑Z‑focused content platform, aiming to strengthen Coach’s relevance in the luxury accessories market; adoption rates and any lift in sales attributed to the platform will be important to track. The combination of a bullish rating, valuation debate, and index delisting creates a mixed outlook for the next 1–10 trading days, with price volatility likely as traders weigh upside potential against overvaluation concerns; earnings release and index rebalancing will be the main watch items. If earnings confirm the $164 target and margins improve, the stock may rally; if not, the overvaluation narrative could dominate, so earnings guidance and margin updates will be decisive. Finally, keep an eye on broader fashion retail trends and any changes in consumer sentiment that could impact TPR’s revenue growth, with retail sales data and consumer confidence indices serving as important indicators.
Earnings Summary
Tapestry, Inc. is a global house of luxury brands, including Coach, Kate Spade, and Stuart Weitzman, specializing in accessories and lifestyle products across North America, Greater China, and international markets. Operating within the Consumer Cyclical sector, specifically the Luxury Goods industry, Tapestry distributes its products through retail, outlet, e-commerce, and shop-in-shop channels. The company's recent performance shows a mixed trend, with Q3 2025 EPS of $1.38 beating the estimate of $1.26, and Q2 2025 EPS of $1.04 slightly exceeding the estimate of $1.01862. However, Q1 2025 saw EPS of $1.03 surpass its estimate of $0.87994, while Q4 2024 EPS of $2.0 beat its estimate of $1.74794. Revenue figures are available for Q4 2024 ($2.195 billion), Q1 2025 ($1.585 billion), Q2 2025 ($1.723 billion), Q3 2025 ($1.705 billion), and Q3 2026 ($1.921 billion), though estimates are not consistently provided for comparison. Historically, Tapestry has demonstrated an ability to meet or exceed analyst expectations for earnings per share in recent quarters, indicating a positive beat pattern. The company's year-over-year growth trajectory in revenue has shown fluctuations, but the recent Q3 2026 revenue of $1.921 billion significantly surpassed its estimate of $1.799 billion. Recent news highlights Tapestry raising its full-year outlook following a better-than-expected Q3, driven by strong Coach brand sales, particularly among Gen Z, and a substantial footwear growth potential target of $10 billion for the brand. However, this positive momentum is tempered by subdued performance in the Kate Spade brand. Investors should watch for continued strength in the Coach brand and the company's ability to manage the performance of Kate Spade, alongside broader consumer spending trends in the luxury goods market for the upcoming quarters. Key will be the execution of strategies aimed at leveraging brand strengths and navigating economic factors impacting demand.

EPS

EstBeatMiss
$0.71$1.08$1.44$1.80$2.17Q4'24Q1'25Q2'25Q3'25Q3'26
QtrEstActual+/−
Q3'26$1.22$1.66+36.4%
Q3'25$1.26$1.38+9.4%
Q2'25$1.02$1.04+2.1%
Q1'25$0.88$1.03+17.1%
Q4'24$1.75$2.00+14.4%

Revenue

EstBeatMiss
$1.5B$1.7B$1.9B$2.1B$2.3BQ4'24Q1'25Q2'25Q3'25Q3'26
QtrEstActual+/−
Q3'26$1.8B$1.9B+6.8%
Q3'25 - $1.7B -
Q2'25 - $1.7B -
Q1'25 - $1.6B -
Q4'24 - $2.2B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

TPR Stock Snapshot

TPR is currently trading at $140.73, giving Tapestry, Inc. a market cap of 28.31B and a P/E ratio of 42.7. Today's range spans $139.22–$142.29, with shares opening at $140.15 and moving up $0.00 (0.0%) from the prior close. DailyIQ's technical score sits at 32/100 (SELL) with a news sentiment reading of 70/100.

Over the past year TPR has traded between $92.62 and $161.97 - the current price is +51.9% off the 52-week low and -13.1% from the high. 30 analysts cover the stock with a Buy consensus and a mean 12-month target of $166.60 (range $88.00–$230.00), implying upside of +18.4%.

Short sellers have a clear thesis in TPR - large-cap, Consumer Cyclical, 28.31B market cap. Score: 32/100 (SELL). Sentiment: bullish (70/100). Price: $140.73 (in the upper portion of its 52-week range). The current P/E ratio stands at 42.7. At this capitalization tier, the borrow is relatively easy, the liquidity absorbs the size, and the technical confirmation provides a clean stop-out level. The 52-week range of $92.62–$161.97 establishes the structural target zones - and the SELL signal is the systematic entry trigger.

When a large-cap Consumer Cyclical name with 28.31B in capitalization prints a SELL signal (32/100) alongside bullish news sentiment (70/100), the risk isn't just price depreciation — it's the loss of institutional sponsorship that makes recovery harder. At $140.73 (in the upper portion of its 52-week range in the $92.62–$161.97 range), the structural support levels are where that sponsorship question gets answered.