Tapestry stock falls 1.19 percent as guidance faces scrutiny

Published on 10/05/2026 at 21:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tapestry stock was trading at USD 116.71 on October 5, 2026, while fiscal 2026 revenue reached USD 8.00 billion. Analysts set a USD 175.12 average target.

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Tapestry, Inc. (ISIN US8760301072) was trading at USD 116.71 on the NYSE on October 5, 2026, down 1.19 percent from the previous close. The move leaves the shares 29.18 percent below the 52-week high of USD 164.80, while the luxury accessories group enters its next reporting phase with fiscal 2027 guidance already in place.

Revenue reached USD 8.00 billion

According to Tapestry on August 13, 2026, fiscal 2026 revenue reached USD 8.00 billion for the year ended June 27, 2026, an increase of 14 percent from the prior year. Coach revenue rose 24 percent to USD 6.91 billion, while Kate Spade revenue declined 10 percent to USD 1.07 billion.

The earnings mix matters because Coach supplied the growth engine while Kate Spade remained a drag. Fiscal 2026 GAAP diluted EPS rose to USD 7.27 from USD 0.82, and non-GAAP EPS reached USD 7.05, up 38 percent year over year, according to the company release.

Fiscal 2027 guidance sets the test

Tapestry's fiscal 2027 outlook calls for revenue of USD 8.4 billion to USD 8.5 billion and non-GAAP EPS of USD 7.80 to USD 7.90. The company also expects operating margin expansion of 50 basis points and adjusted free cash flow approaching USD 1.7 billion, while the outlook embeds a mid-20 percent tariff rate on US inventory receipts.

That combination creates a clear yardstick for the next quarterly update: sales must continue to grow while the company absorbs tariff costs and repairs Kate Spade's decline. The next fiscal first-quarter results are scheduled for November 5, 2026, according to the August release.

Analysts see a wide valuation gap

MarketBeat reported on September 25, 2026, that 21 research firms carried a Moderate Buy consensus, with an average 12-month price target of USD 175.12. The highest target was USD 232.00 and the lowest was USD 138.00, showing a broad range of views around the company's growth and brand execution.

Against the USD 116.71 trading price on October 5, 2026, the average target stands 50.10 percent above the shares. The gap reflects confidence in Coach's momentum, but it also leaves the stock sensitive to any disappointment in fiscal 2027 sales or margin delivery.

Tapestry stock trades below its yearly high

Tapestry stock was trading at USD 116.71 on the NYSE at 3:19 p.m. ET on October 5, 2026. The session range was USD 116.48 to USD 119.17, volume stood at 1,233,378 shares, and market capitalization was USD 23.6 billion.