Tapestry marked by UBS optimism, analysts lift long-term targets for the shares

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 23:01.

Tapestry Inc. (US8760301072) remains in focus on the NYSE as several major research houses, led by UBS, raise their long-term price targets for the shares. UBS now sees the stock at 230 dollars, markedly above the current level, citing strong artificial intelligence capabilities and robust recent earnings, according to an Investing.com note. UBS analyst commentary on Tapestry

What UBS now expects

UBS upgraded its view on Tapestry earlier this week, lifting the price target to 230 dollars from 187 dollars and reiterating a Buy rating on the shares. Investing.com report on the UBS target increase The bank argues that Tapestry has some of the strongest AI capabilities in the softlines sector and highlights a gross profit margin of around 76 percent over the last twelve months as evidence of operational strength. StockAnalysis overview of Tapestry’s fundamentals

UBS estimates that Tapestry can deliver earnings per share of 9.60 dollars in fiscal year 2028, about 11 percent above the current consensus, and believes the price-to-earnings multiple could expand from roughly 18 times to 24 times once the market recognizes the durability of the group’s growth profile. UBS long-term earnings and valuation assumptions The raised target sits more than 50 percent above the latest closing price, underlining how constructive UBS is on the stock.

Consensus after a strong third quarter

The bullish stance from UBS builds on a sequence of positive updates from other analysts following Tapestry’s third quarter of fiscal 2026 results, released on May 7 and trading on the S&P 500 index under the ticker TPR. StockAnalysis summary of Tapestry’s Q3 earnings The company reported earnings per share of 1.66 dollars, clearly ahead of the Wall Street forecast of around 1.28 dollars, and revenue of 1.92 billion dollars versus expectations near 1.76 billion dollars. Analyst recap of Tapestry’s Q3 2026 beat

After that report, JPMorgan maintained an Overweight rating and raised its fourth quarter EPS estimate to about 1.27 dollars, slightly above consensus, while Bernstein SocGen reiterated an Outperform recommendation, pointing to Tapestry’s growth potential among Gen Z consumers and its scope for margin expansion. Bernstein SocGen commentary on Tapestry’s positioning Aggregated data show that a clear majority of covering analysts rate the shares Buy or Strong Buy, with an average target in the mid-160 dollar range and upside in double digits from current levels. Consensus price targets and ratings for Tapestry

The product behind the stock

Tapestry generates its revenue primarily from premium accessories and lifestyle brands, with Coach as the flagship label. Coach’s leather handbags and small leather goods remain at the core of the group’s business, complemented by footwear, ready-to-wear and accessories under Kate Spade and Stuart Weitzman, all positioned in the accessible luxury segment and distributed globally through own stores and wholesale partners. Background on Tapestry’s product portfolio

Where the shares trade today

The Tapestry shares (US8760301072) last closed on June 22, 2026 at 149.20 dollars on the NYSE, with after-market trading reported at 148.84 dollars the same evening, according to Zacks data. Zacks price data for Tapestry

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. All data are based on sources believed to be reliable as of the stated dates but may change over time.