Guggenheim has initiated coverage on Tapestry Inc (TPR) with a Neutral rating, marking the firm's first assessment of the luxury accessories and lifestyle brand. This decision comes as Tapestry continues to navigate the competitive textiles and apparel industry, which includes notable brands like Coach and kate spade new york.
Currently, Tapestry's stock is priced at $121.87, with a market capitalization of $22.0 billion. The company's trailing twelve-month P/E ratio stands at 81.05, and it boasts an EPS of 1.13. Investors can look forward to upcoming earnings reports, with estimates of $1.07 EPS and $1.8 billion in revenue for Q3 2026, and $1.01 EPS with $1.6 billion in revenue for Q2 2026.
Analyst ratings, including Guggenheim's, reflect professional opinions based on comprehensive research and financial modeling. While they provide valuable insights, these assessments are built on assumptions that may not always come to fruition. It's essential for investors to consider various factors, including company fundamentals and market dynamics, when making decisions.
As of December 1, 2025, the analyst consensus on Tapestry shows a mix of opinions, with 7 Strong Buy, 12 Buy, and 6 Hold ratings among 25 analysts. The recent action by Guggenheim highlights the evolving landscape of analyst sentiment surrounding Tapestry Inc.