Tapestry lifts outlook after strong quarter, shares trade around $146 on NYSE

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-29, 12:28.

Tapestry Inc. (US8760301072) reported a strong recent quarter, lifting its earnings outlook and keeping Wall Street's focus on the NYSE-listed luxury accessories group. According to MarketBeat, consensus on the stock remains at a "Moderate Buy" rating with shares last quoted near 146 dollars on the NYSE.

What MarketBeat highlights

Analyst data compiled by MarketBeat show that Tapestry carries an average "Moderate Buy" rating, with a consensus price target of approximately 167.65 dollars based on recent research coverage.MarketBeat analyst overview on Tapestry The rating profile reflects a mix of Buy and Hold recommendations across major houses following the latest set of quarterly numbers.

In its most recently reported quarter, Tapestry posted earnings per share of 1.66 dollars, materially ahead of the consensus estimate of 1.30 dollars, again according to MarketBeat's summary of the results.MarketBeat recap of Tapestry's earnings beat The earnings surprise and raised outlook underpin the constructive tone in recent analyst commentary.

Zacks sees Tapestry as a bull case

Zacks Equity Research recently highlighted Tapestry as its "Bull of the Day" on June 22, 2026, citing the retailer's growth prospects and brand strength in the accessible luxury segment.Zacks Bull of the Day article on Tapestry In the same note, Planet Fitness was flagged as the "Bear of the Day", setting up a clear contrast between the two consumer names.

The Zacks analysis points to improving fundamentals at Tapestry following the earnings beat and reiterates the positive stance on the company's earnings trajectory.Zacks view on Tapestry's earnings prospects This aligns with the broader Moderate Buy consensus and supports the current valuation range evidenced by the mid-140 dollar trading band.

What the company sells

Tapestry's core business is in accessible luxury accessories and lifestyle products, with its portfolio centered on the Coach, Kate Spade New York and Stuart Weitzman brands. The group derives most of its revenue from handbags, small leather goods and footwear sold through retail stores and e-commerce channels.

Where the stock trades today

The Tapestry shares (US8760301072) most recently opened at around 146.24 dollars on the NYSE, based on MarketBeat price data for June 26, 2026.MarketBeat price performance for Tapestry This level reflects a consolidation zone following the earnings beat and raised outlook.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security.