WallStreetZen

NYSE: TPR
Tapestry Inc Stock Forecast, Predictions & Price Target

Analyst price target for TPR

Based on 8 analysts offering 12 month price targets for Tapestry Inc.
Min Forecast
$34.00-19.74%
Avg Forecast
$47.00+10.95%
Max Forecast
$65.00+53.45%

Should I buy or sell TPR stock?

Based on 8 analysts offering ratings for Tapestry Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
3 analysts 37.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TPR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Argus Research
Bottom 27%
27
Strong BuyUpgrades$54.00+27.48%2021-11-19
Anonymous
Citigroup
HoldMaintains$50.00+18.04%2021-11-16
BTIG
Top 4%
97
Strong BuyUpgrades$65.00+53.45%2021-05-07
Credit Suisse
Top 12%
89
BuyUpgrades$50.00+18.04%2021-02-22
Telsey Advisory Group
Bottom 18%
18
BuyUpgrades$46.00+8.59%2021-02-09
KeyBanc
Top 1%
100
Strong BuyMaintains$45.00+6.23%2021-02-09
Morgan Stanley
Top 30%
71
HoldMaintains$34.00-19.74%2021-02-08
Needham
Top 1%
100
BuyMaintains$41.00-3.21%2021-02-05
KeyBanc
Top 32%
69
Strong BuyMaintains$41.00-3.21%2021-02-05

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Forecast return on equity

Is TPR forecast to generate an efficient return?
Company
32.58%
Industry
159%
Market
37.06%
TPR's Return on Equity is forecast to be high in 3 years (32.58%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TPR forecast to generate an efficient return on assets?
Company
12.81%
Industry
13.39%
TPR is forecast to generate lower Return on Assets (12.81%) than the US Consumer Cyclical industry average (13.39%)
Forecast

TPR earnings per share forecast

What is TPR's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$3.34+12.08%
Avg 2 year Forecast
$3.65+22.48%
Avg 3 year Forecast
$3.73+25.17%
TPR's earnings are forecast to grow at a rate of 8.62% per year, which is not exceptional
Forecast

TPR revenue forecast

What is TPR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$6.6B+8.91%
Avg 2 year Forecast
$6.9B+14.09%
Avg 3 year Forecast
$7.1B+17.9%
TPR's revenue is forecast to grow at a rate of 5.74% per year, which is not exceptional
Forecast

TPR earnings growth forecast

How is TPR forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
8.62%
Industry
14.84%
Market
14.37%
TPR's earnings are forecast to grow slower (8.62% per year) than the US Consumer Cyclical industry average (14.84%)
Forecast
TPR's earnings are forecast to grow slower (8.62% per year) than the US market average (14.37%)
Forecast
TPR's earnings are forecast to grow faster (8.62% per year) than the risk-free savings rate (1.4%)
Forecast

TPR revenue growth forecast

How is TPR forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
5.74%
Industry
15.39%
Market
10.03%
TPR's revenues are forecast to grow slower (5.74% per year) than the US Consumer Cyclical industry average (15.39%)
Forecast
TPR's revenues are forecast to grow slower (5.74% per year) than the US market average (10.03%)
Forecast

Tapestry Stock Forecast FAQ

Is Tapestry Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: TPR) stock is to Strong Buy TPR stock.

Out of 8 analysts, 4 (50%) are recommending TPR as a Strong Buy, 3 (37.5%) are recommending TPR as a Buy, 1 (12.5%) are recommending TPR as a Hold, 0 (0%) are recommending TPR as a Sell, and 0 (0%) are recommending TPR as a Strong Sell.

What is TPR's earnings growth forecast for 2022-2024?

(NYSE: TPR) Tapestry's forecast annual earnings growth rate of 8.62% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 14.84%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Tapestry's earnings in 2021 is $829,400,000.On average, 8 Wall Street analysts forecast TPR's earnings for 2022 to be $918,976,474, with the lowest TPR earnings forecast at $894,213,635, and the highest TPR earnings forecast at $935,485,034. On average, 6 Wall Street analysts forecast TPR's earnings for 2023 to be $1,004,270,698, with the lowest TPR earnings forecast at $894,213,635, and the highest TPR earnings forecast at $1,062,050,656.

In 2024, TPR is forecast to generate $1,026,282,111 in earnings, with the lowest earnings forecast at $921,727,901 and the highest earnings forecast at $1,130,836,320.

What is TPR's revenue growth forecast for 2022-2024?

(NYSE: TPR) Tapestry's forecast annual revenue growth rate of 5.74% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 15.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Tapestry's revenue in 2021 is $6,055,000,000.On average, 5 Wall Street analysts forecast TPR's revenue for 2022 to be $1,814,352,862,498, with the lowest TPR revenue forecast at $1,804,217,707,585, and the highest TPR revenue forecast at $1,817,922,563,330. On average, 5 Wall Street analysts forecast TPR's revenue for 2023 to be $1,900,715,740,248, with the lowest TPR revenue forecast at $1,831,366,033,551, and the highest TPR revenue forecast at $1,936,894,248,217.

In 2024, TPR is forecast to generate $1,964,125,116,980 in revenue, with the lowest revenue forecast at $1,845,354,286,233 and the highest revenue forecast at $2,066,816,610,853.

What is TPR's forecast return on assets (ROA) for 2022-2024?

(NYSE: TPR) forecast ROA is 12.81%, which is lower than the forecast US Consumer Cyclical industry average of 13.39%.

What is TPR's Price Target?

According to 8 Wall Street analysts that have issued a 1 year TPR price target, the average TPR price target is $47.00, with the highest TPR stock price forecast at $65.00 and the lowest TPR stock price forecast at $34.00.

On average, Wall Street analysts predict that Tapestry's share price could stay at $47.00 by Nov 19, 2022. The average Tapestry stock price prediction forecasts a potential downside of N/A from the current TPR share price of $42.36.

What is TPR's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: TPR) Tapestry's current Earnings Per Share (EPS) is $2.98. On average, analysts forecast that TPR's EPS will be $3.34 for 2022, with the lowest EPS forecast at $3.25, and the highest EPS forecast at $3.40. On average, analysts forecast that TPR's EPS will be $3.65 for 2023, with the lowest EPS forecast at $3.25, and the highest EPS forecast at $3.86. In 2024, TPR's EPS is forecast to hit $3.73 (min: $3.35, max: $4.11).

What is TPR's forecast return on equity (ROE) for 2022-2024?

(NYSE: TPR) forecast ROE is 32.58%, which is considered strong.
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