GAP (NYSE:GAP) Price Target Lowered to $33.00 at JPMorgan Chase & Co.

GAP (NYSE:GAP) had its price target reduced by JPMorgan Chase & Co. from $36.00 to $33.00 in a report released on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

GAP has been the topic of several other reports. Wall Street Zen upgraded shares of GAP from a “hold” rating to a “buy” rating in a research report on Sunday, December 21st. The Goldman Sachs Group raised their price target on shares of GAP from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Morgan Stanley upped their price objective on GAP from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Argus raised GAP to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, Citigroup raised their target price on GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.46.

GAP Stock Performance

Shares of NYSE GAP traded down $3.92 during trading hours on Friday, reaching $23.28. The stock had a trading volume of 22,430,740 shares, compared to its average volume of 6,635,344. The company has a market cap of $8.66 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 2.80 and a beta of 2.29. GAP has a twelve month low of $16.99 and a twelve month high of $29.36. The business’s fifty day moving average is $27.27 and its two-hundred day moving average is $24.92. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.72 and a quick ratio of 0.97.

GAP (NYSE:GAP) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.45 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.45. The firm had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 23.54%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. As a group, research analysts expect that GAP will post 2.02 EPS for the current year.

GAP Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th will be paid a dividend of $0.175 per share. This is a positive change from GAP’s previous quarterly dividend of $0.17. This represents a $0.70 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, April 8th. GAP’s payout ratio is currently 29.46%.

Insider Transactions at GAP

In related news, Director William Sydney Fisher sold 11,140 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $26.81, for a total transaction of $298,663.40. Following the completion of the sale, the director directly owned 2,753,453 shares of the company’s stock, valued at $73,820,074.93. This trade represents a 0.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder John J. Fisher sold 3,971 shares of GAP stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $27.04, for a total value of $107,375.84. Following the completion of the transaction, the insider owned 746,781 shares of the company’s stock, valued at approximately $20,192,958.24. The trade was a 0.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 133,971 shares of company stock valued at $3,629,264. Corporate insiders own 30.56% of the company’s stock.

Institutional Trading of GAP

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cullen Frost Bankers Inc. acquired a new position in GAP during the 4th quarter worth about $26,000. Root Financial Partners LLC acquired a new stake in GAP in the 3rd quarter valued at about $27,000. Plato Investment Management Ltd bought a new position in shares of GAP in the fourth quarter worth about $28,000. V Square Quantitative Management LLC bought a new position in shares of GAP in the fourth quarter worth about $31,000. Finally, Cornerstone Planning Group LLC acquired a new position in shares of GAP during the third quarter worth approximately $35,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Company raised its FY‑2026 targets: EPS guidance of $2.20–$2.35 (above consensus) and revenue guide of $15.7–$15.9B, which suggests stronger full‑year growth potential. The board also authorized a $1 billion share repurchase program. PR Newswire: Q4 results & FY26 outlook
• Positive Sentiment: Core brands showed underlying momentum: Q4 revenue rose ~2% Y/Y with comp growth at Old Navy, Gap and Banana Republic, indicating brand-level operational progress despite margin pressure. Zacks: Q4 earnings summary
• Positive Sentiment: Several brokers still see upside: JPMorgan kept an Overweight call while trimming its target to $33 (still well above the current price); Telsey raised its target earlier. These analyst endorsements support a constructive medium‑term view. TickerReport / Benzinga: JPMorgan target note
• Neutral Sentiment: Citigroup nudged its target up to $27 but kept a Neutral rating — a modestly constructive but cautious stance that may limit immediate bullish momentum. Benzinga: Citigroup target update
• Neutral Sentiment: Value/analyst writeups highlight GAP as a value opportunity given current multiples (P/E ~10) and turnaround narrative; useful context but not an immediate catalyst. Zacks: GAP as value stock
• Negative Sentiment: Investors reacted to a small EPS miss (reported $0.45 vs. ~$0.46 street estimate) and headline‑level revenue slightly below some forecasts — the misses triggered a selloff in high intraday volume. Proactive Investors: Shares fall after earnings miss
• Negative Sentiment: Athleta remains a drag: same‑store sales fell ~10% in Q4, pressuring margins and prompting management to say rebuilding will take time — a near‑term earnings headwind. WSJ: Athleta slump
• Negative Sentiment: Operational disruptions: historic winter storms forced ~800 temporary store closures in Q4, which hurt short‑term sales and was cited by management as a factor in the quarterly miss. CNBC: Winter storms impact
• Negative Sentiment: Macro/tail risks flagged: management and some outlets cited tariff pressures and margin headwinds that could keep near‑term profit below some analyst estimates. U.S. News: Tariff and profit concerns

About GAP

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.