Tapestry stock steadies after a $1.32 earnings beat
Published on 08/22/2026 at 11:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tapestry Inc. (US8760301072) followed its August 13 earnings report with a $1.32-a-share result on $1.88 billion of revenue, while the latest close in the source set was $130.17 on August 21, 2026.
The quarter also came in ahead of consensus on both lines, with earnings beating by $0.04 and revenue topping the estimate by $10 million. Recent reporting also puts the company at a $26.05 billion market capitalization and a 12-month high of $164.80, with the stock still below that peak.
Earnings keep carrying the story
The August 13 report also showed revenue up 8.9% year over year, versus $1.04 a share in the same quarter a year earlier. Tapestry also set FY 2027 guidance at 7.800-7.900 EPS, and sell-side estimates in the same coverage now center on 7.94 EPS for the current fiscal year.
That mix matters because the market is balancing a fresh profit beat against a stock that opened at $130.66 in the same-day coverage and had a 50-day moving average of $145.13. The gap to the average target of $167.40 in the analyst consensus snapshot leaves room for debate, but not for vague conclusions.
Analysts turned more active
Coverage also shifted this month. A recent consensus snapshot showed 22 analysts, a mean rating of Buy, and several August target changes, including a cut to $160 from $165 and an upgrade to Outperform with a $140 target.
The most useful comparison is the spread between the August 21 close of $130.17 and the consensus average target of $167.40. That gap equals 28.6 percent and helps explain why the stock can absorb both a beat and a round of new analyst notes without a simple one-way read.
Coach remains the core
Coach remains the best-known brand in the Tapestry portfolio, with handbags and leather goods still central to the business mix. That product base is what gives the company its scale, margin profile, and the ability to turn a revenue beat into a broader earnings story.
Tapestry stock closed at $130.17 on August 21, 2026, with a market cap of $26.05 billion in the latest source set and a 52-week range of $93.00 to $164.80.
Fact box
Company: Tapestry Inc.
ISIN: US8760301072
Ticker: TPR
Exchange: NYSE
Price (as of August 21, 2026): $130.17 USD
Market cap: $26.05 billion (as of August 22, 2026)
Sector / Industry: Consumer Cyclical / Apparel & Accessories Retailers
Index membership: S&P 500
