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$GAP

6 stories mentioning GAP

Every FINWIRES story that references GAP, newest first.

Wire

Top Midday Decliners

AST SpaceMobile (ASTS) and other space-related firms saw their stock prices drop in Friday trading after Blue Origin's New Glenn rocket exploded Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida.Shares of AST fell more than 15% following an increase in intraday trading volume to over 32.4 million from a daily average of about 18.0 million.Redwire (RDW) shares dropped 7%, with intraday trading volume rising to over 39.3 million from a daily average of about 30.6 million.Gap (GAP) reported slower-than-expected growth in fiscal Q1 revenue late Thursday, undermining its narrow adjusted earnings beat.Shares slumped 16% as intraday trading volume soared to more than 17.9 million from a daily average of about 8.2 million.Price: $112.18, Change: $-20.92, Percent Change: -15.71%

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Research

Evercore ISI Downgrades Gap to In Line From Outperform, Adjusts Price Target to $20 From $28

Gap (GAP) has an average rating of overweight and mean price target of $27.86, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Research

JPMorgan Downgrades Gap to Neutral From Overweight, Adjusts Price Target to $27 From $35

Gap (GAP) has an average rating of overweight and mean price target of $27.86, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Research

Research Alert: Gap Posts Mixed Quarter; Raises Eps Guidance

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:GAP delivered mixed Q1 2026 results with net sales of $3.5B (+1% Y/Y), $27M below estimates, though comparable sales rose 2% for the ninth consecutive quarter. Gross margin of 40.5% declined 130 bps Y/Y due to tariff headwinds of approximately 200 bps impact. The standout was Gap brand's exceptional 10% comparable sales growth, representing one of its strongest performances in over two decades driven by culturally relevant storytelling and strength in denim and fleece. The company raised full-year EPS guidance to $2.30-$2.40 from $2.20-$2.35, expecting $80M of net tariff relief concentrated in Q2 and Q3. GAP returned $464M to shareholders through buybacks and dividends, including a $200M accelerated share repurchase program. Shares fell 13% after-hours and trade at 10x full-year EPS guidance. We believe the after-hours move is an overreaction and are impressed with Gap brand strength. We think the company's buyback program and pricing power help offset tariff impacts.

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Wire

Gap Fiscal Q1 GAAP Earnings, Revenue Rise

Gap (GAP) reported fiscal Q1 adjusted earnings late Thursday of $0.38 per diluted share. The company did not provide comparable adjusted earnings for the year-ago quarter. Analysts polled by FactSet expected $0.37.The company reported GAAP earnings of $0.90 per diluted share, up from $0.51 a year earlier.Revenue for the 13 weeks ended May 2 was $3.50 billion, up from $3.46 billion a year earlier.Analysts surveyed by FactSet expected $3.52 billion.For Q2, the company expects net sales to be flat to down 1% year-over-year.For fiscal 2026, the company now expects adjusted EPS of $2.30 to $2.40, up from the prior forecast of $2.20 to $2.35. Analysts expect $2.29.The company now expects fiscal 2026 net sales to be up 1% to 2% year-over-year, versus the prior outlook for 2% to 3% growth.

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Insider Trading

Gap Insider Sold Shares Worth $7,620,000, According to a Recent SEC Filing

John J Fisher, 10% Owner, on April 08, 2026, sold 300,000 shares in Gap (GAP) for $7,620,000. Following the Form 4 filing with the SEC, Fisher has control over a total of 39,610,446 common shares of the company, with 8,839,165 shares held directly and 30,771,281 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/39911/000107984726000008/xslF345X05/form4-04102026_100435.xml

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