J.P. Morgan Maintains Buy Rating on Abercrombie Fitch with $145 Price Target

J.P. Morgan analyst Matthew Boss maintains a Buy rating on Abercrombie Fitch with a price target of $145. Boss has a 53.61% success rate on recommended stocks and an average return of 5.7%. The company has a one-year high of $167.71 and a one-year low of $65.40.

Abercrombie & Fitch Co. (NYSE: ANF) has reported its 11th consecutive quarter of growth, with record net sales of $1.2 billion in the second quarter of 2025. The company's net sales increased by 7% compared to the previous year, driven primarily by an 8% rise in the Americas and a 12% jump in the APAC region. However, this growth was partially offset by a 1% decline in the EMEA region [1].

Hollister brands, a significant contributor to Abercrombie & Fitch's success, achieved a remarkable 19% growth in net sales during the second quarter. In contrast, Abercrombie brands experienced a 5% decline. The company's second quarter operating margin stood at 17.1%, bolstered by a $39 million litigation settlement benefit. This resulted in earnings per share (EPS) of $2.91. However, when excluding the settlement benefit, the adjusted operating margin was 13.9%, and the adjusted EPS was $2.32 [1].

The company has raised its full-year net sales outlook amidst current tariff cost concerns, reflecting a strong growth trajectory. CEO Fran Horowitz highlighted strong customer engagement and strategic inventory initiatives, expressing confidence in the company's growth trajectory as it heads into the second half of 2025 [1].

J.P. Morgan analyst Matthew Boss maintains a Buy rating on Abercrombie & Fitch with a price target of $145. Boss has a 53.61% success rate on recommended stocks and an average return of 5.7%. The company has a one-year high of $167.71 and a one-year low of $65.40 [1].

References:
[1] https://www.quiverquant.com/news/Abercrombie+%26+Fitch+Co.+Reports+11th+Consecutive+Quarter+of+Growth+with+Record+Net+Sales+of+%241.2+Billion+in+Q2+2025