Gap Inc Q1 2026 Earnings: EPS 38 Cents, Revenue $3.50B
Gap Inc Reports Q1 2026 Earnings Results
Gap Inc (NYSE: GAP) reported adjusted earnings of 38 cents per share for the quarter ended April 30, 2026, down from 51 cents per share in the same quarter last year. The result slightly beat the average analyst estimate of 37 cents per share.
Revenue and Net Income
Revenue rose 1% year-over-year to $3.50 billion, slightly below the $3.52 billion consensus. Net income for the quarter was $339 million.
Analyst Ratings and Stock Performance
The average analyst rating is "buy," with 14 analysts recommending "strong buy" or "buy," and 6 recommending "hold." The stock fell 0.6% in the quarter and is down 6.1% year-to-date. The median 12-month price target is $28.83, implying about 13.3% upside from the last close of $25.00.
Forecast Changes
The mean earnings estimate declined by about 20.7% over the last three months. In the past 30 days, one analyst revised their earnings estimate downward.
Impacted Symbols
Symbols affected by this headline and their sentiment signals
The news, analyses, and comments on this platform do not constitute investment advice. When making investment decisions, you should conduct your own research and consult with a qualified financial advisor if necessary. FiNews cannot be held responsible for any losses that may arise from the use of this information.
More Headlines
Tokyo Core Inflation Slows, Remains Below BOJ Target
Tokyo Core Inflation Slows, Remains Below BOJ Target
…Nikkei May Rise on Hopes for U.S.-Iran Peace Deal
Nikkei May Rise on Hopes for U.S.-Iran Peace Deal
…Australian Pension Fund HUB24 Faces Regulatory Scrutiny
Australian Pension Fund HUB24 Faces Regulatory Scrutiny
…