Tapestry stock: Jefferies cuts target for Tapestry stock to USD 125.00 from USD 144.00

Published on 10/24/2026 at 05:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tapestry stock enters November 5 results after fiscal 2026 revenue reached USD 8.00 billion. The annual meeting follows on November 11, 2026.

Analyst revisions set the tone

Jefferies set a USD 125.00 target on October 21, 2026, down from USD 144.00.
Fiscal year 2026 revenue reached USD 8.00 billion, up 14.00 percent.
Results are scheduled for November 5, 2026, followed by the annual meeting on November 11, 2026.

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Tapestry Inc. (ISIN US8760301072) has a USD 125.00 Jefferies price target, down from USD 144.00 after the October 21, 2026 adjustment reported by MarketScreener. The cut keeps analyst expectations in focus before the company's next results.

Target cuts sharpen the debate

Jefferies reduced its target from USD 144.00 to USD 125.00 while maintaining a Buy rating, according to the October 21 report. That revision followed a separate UBS move on October 20, when the bank lowered its target from USD 232.00 to USD 200.00 while retaining a Buy rating, as Investing.com reported. The two revisions put valuation and near-term sales trends at the center of the debate.

Three recent milestones

The chronology is clear. On September 25, 2026, a filing with the SEC highlighted fiscal year 2026 revenue of USD 8.00 billion, up 14.00 percent, and operating margin of 23.40 percent. On October 20, 2026, UBS cut its target to USD 200.00 from USD 232.00. On October 21, 2026, Jefferies cut its target to USD 125.00 from USD 144.00.

What comes next for results?

Business Wire said on October 22, 2026 that Tapestry will report fiscal 2027 first-quarter results on November 5, 2026, before an 8:00 a.m. ET conference call. The company enters that date after fiscal year 2026 adjusted earnings per share of USD 7.27 and operating cash flow of USD 1.98 billion, figures supplied by the latest financial statement period.

Meeting adds another date

Tapestry's annual meeting is scheduled for November 11, 2026, according to its September 25, 2026 proxy filing. Eleven director nominees are listed for election, giving shareholders a second defined event after the earnings release.

Investor calendar takes priority

The target reductions make the November 5 report the next important test for the growth narrative. Revenue growth, operating margin and the Coach business will determine whether the company's fiscal 2026 performance carries into fiscal 2027.

The further course of trading is shown by the continuously updated real-time quote of Tapestry stock.