Abercrombie & Fitch's Price Target Raised to $151 by JPMorgan, Analysts Expect Strong Q2 Earnings

JPMorgan has raised Abercrombie & Fitch's (ANF) price target to $151 from $141, maintaining an Overweight rating. Analysts expect a surge in consumer activity in July, boosting the company's financial performance. The average target price is $109.92, indicating an upside of 19.03% from the current price of $92.34. The estimated GF Value is $85.20, suggesting a downside of 7.73% from the current price.

JPMorgan has raised its price target for Abercrombie & Fitch (ANF) to $151 from $141, maintaining an Overweight rating. The upgrade reflects strong consumer activity expected in July, which analysts believe will bolster the company's financial performance. The average target price is $109.92, indicating a potential upside of 19.03% from the current price of $92.34. The estimated GF Value is $85.20, suggesting a downside of 7.73% from the current price [1].

Abercrombie & Fitch reported solid performance in the first quarter, with fleece, jeans, and skirts performing well and strong cross-channel traffic. The company expects net sales of $1.18 billion, an 8.6% increase year-over-year, and earnings per share of $2.27. However, the company's stock has lost over 38% of its value so far this year and in the last 12 months [1].

Despite the positive outlook, retail sentiment on Abercrombie & Fitch's stock remains neutral, with chatter levels low according to data from Stocktwits. The company's stock has been affected by increased production costs and supply chain headwinds due to U.S. President Donald Trump's tariffs [1].

In contrast, Boot Barn Holdings (BOOT) has seen its stock rise following upgrades from several analysts. Seaport Res Ptn raised its Q2 2026 earnings estimate to $1.20 per share, while JPMorgan and Citigroup increased their price targets to $247.00 and $180.00, respectively. Boot Barn also announced a $200 million share repurchase program, indicating management's belief that the stock is undervalued [2].

References:
[1] https://stocktwits.com/news-articles/markets/equity/abercrombie-stock-gets-a-price-target-hike-from-jpmorgan-but-retails-not-celebrating-yet/choe83kR5Dz
[2] https://www.marketbeat.com/instant-alerts/q2-earnings-estimate-for-boot-barn-issued-by-seaport-res-ptn-2025-07-30/