Tapestry stock rises after earnings beat and rating upgrade
Published on 08/19/2026 at 17:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tapestry Inc. (US8760301072) stock rose on August 19, 2026 after fiscal fourth-quarter results and a fresh rating upgrade gave investors two numbers to weigh at once. The shares last traded at $133.99, up 1.31%, after closing at $132.26 on August 18, 2026.
A Daiwa Securities Group rating change reported by MarketBeat lifted the catalyst side, while the latest quarter showed earnings per share of $1.32 on revenue of $1.88 billion. Revenue rose 8.9% from a year earlier and EPS beat the $1.28 consensus by $0.04.
August 13 results
The quarter ended June 2026 also gave Tapestry a clear year-over-year comparison: EPS improved from $1.04 in the prior year period, and revenue increased from $1.72 billion. That mix matters because the market is no longer judging the company only on growth, but on how much profit it extracts from each dollar of sales.
The stock has also reset sharply inside a wider range. On August 19, 2026, the 52-week band stood at $93.00 to $164.80, while the current market value was $26.37 billion.
What the market is pricing
MarketBeat showed a consensus rating of Moderate Buy and a consensus price target of $175.13, which implies 32.4% upside from the quoted $132.23 close cited on its page. That is a useful contrast with the post-earnings drop earlier in the week, when the same source tracked a $135.35 intraday high and an $8.80 million trading day on August 18, 2026.
For investors, the important detail is that the current rerating debate sits between strong recent execution and a valuation that already assumes more than the market price alone suggests.
Coach remains central
Coach remains the clearest operating driver inside Tapestry's portfolio. The brand's strength is why the company could post $8.00 billion in annual sales and still leave analysts focused on whether the next leg comes from margin or volume.
The fiscal 2026 reporting picture also matters as background: net income was $1.53 billion, net margin was 19.09%, and earnings per share reached $7.29 over the trailing twelve months. Those are solid figures for a luxury-accessories group that is still being valued largely on what comes next.
Share price snapshot
Tapestry traded at $133.99 on August 19, 2026, after a $132.26 close on August 18, 2026. The share count, the latest earnings beat, and the still-wide 52-week range leave the next trading session focused on whether the post-results pullback has already been absorbed.
Fact box
Company: Tapestry Inc.
ISIN: US8760301072
Ticker: TPR
Exchange: NYSE
Price (as of August 19, 2026, 10:15 a.m. ET): $133.99 USD
Market cap: $26.37 billion (as of August 19, 2026)
Sector / Industry: Consumer Discretionary / Textiles, Apparel & Luxury Goods
Index membership: S&P 500
