Abercrombie's Trading Volume Drops 36.95% Ranking 395th Amidst Two-Day Decline

On May 30, 2025, Abercrombie's trading volume reached 4.00 billion, marking a 36.95% decline from the previous day. The stock ranked 395th in terms of trading volume for the day, with a 5.48% drop, marking two consecutive days of decline and a total decrease of 11.28% over the past two days.

Abercrombie's stock surged after the company reported better-than-expected first-quarter results. The company's revenue for the quarter was $1.1 billion, exceeding analyst expectations by 3.5%. The earnings per share (EPS) were $1.59, which was 20% higher than the analysts' forecast. This strong performance led to a significant increase in the stock price, reflecting investor confidence in the company's financial health and future prospects.

Analysts have updated their forecasts for Abercrombie's 2026 revenue and earnings. The consensus forecast from nine analysts is for revenues of $5.19 billion, reflecting a modest 3.3% improvement compared to the last 12 months. Statutory earnings per share are expected to decrease by 8.5% to $10.23 in the same period. Prior to the latest earnings report, analysts had anticipated revenues of $5.11 billion and earnings per share of $10.42 for 2026. Despite the updates, there has been no major change in expectations for the business following the latest results.

The analysts have reconfirmed their price target of $120 for Abercrombie, indicating that the company is executing well and in line with expectations. However, the range of estimates suggests a wide range of possible outcomes for the business, with the most bullish analyst valuing Abercrombie at $171 per share and the most bearish at $82.00. This broad spread of estimates reflects the varying opinions among analysts regarding the company's valuation and future performance.