Tapestry Inc reaches 52-week high amid market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 06 Jan 26
Source: Coinmarketcap
Tapestry Inc's stock rose by 3.02% during regular trading, reaching a 52-week high. This positive movement aligns with broader market strength, as the Nasdaq-100 rose 0.35% and the S&P 500 gained 0.20%.
The stock's performance is attributed to the overall favorable market conditions, indicating a sector rotation as investors show increased interest in consumer goods companies. Tapestry's strong brand portfolio and recent product launches have contributed to its positive outlook, despite potential economic uncertainties.
As Tapestry continues to capitalize on its brand strength and market trends, investors remain optimistic about its growth trajectory, especially in the context of a recovering economy.
Analyst Views on TPR
Wall Street analysts forecast TPR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPR is 136.57 USD with a low forecast of 120.00 USD and a high forecast of 155.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 127.330
Low
120.00
Averages
136.57
High
155.00
Current: 127.330
Low
120.00
Averages
136.57
High
155.00
About TPR
Tapestry, Inc. is a house of accessories and lifestyle brands. The Company's global house of brands include Coach and kate spade new york. Coach brand is a global fashion house of accessories and lifestyle collections. Kate Spade New York is a global lifestyle brand that designs things for the everyday, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, gifts, home decor and more. Its products include women's handbags, women's accessories, men's and other products. Women's accessories include small leather goods which include mini and micro handbags, money pieces, wristlets, pouches and cosmetic cases. Men's includes bag collections, small leather goods, footwear, watches, sunglasses, and ready-to-wear items. Its products are sold to customers through its direct-to-consumer (DTC), wholesale and licensing businesses. Its DTC business includes retail and outlet stores, branded e-commerce sites as well as concession shop-in-shops.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
