Tapestry Inc. ($TPR) Stock Forecast: Up 5.3% Today

What is Tapestry Inc.?

Tapestry (TPR) operates as a global house of luxury accessories and brands, featuring Coach, Kate Spade, and Stuart Weitzman. The stock, TPR, saw a notable increase in value today.

Why is Tapestry Inc. going up?

TPR stock is up 5.3% on Apr 10, 2025 16:22

• TPR stock rose by 11.0% during the last trading session, reflecting strong investor interest and favorable market sentiment.
• The elevated trading volume indicates heightened buying activity and the potential for a bullish trend in the short term.
• It is important to exercise caution despite the surge, as recent changes in earnings estimates may not ensure further price hikes in the immediate future.
• The uptick in TPR stock price can be attributed to restored investor trust, positive market conditions, and growth prospects for Tapestry's luxury brands.

TPR Price Chart

TPR Technical Analysis

TPR News

Tapestry ( TPR ) Soars 11.0%: Is Further Upside Left in the Stock?

Tapestry (TPR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

https://www.zacks.com/stock/news/2443356/tapestry-tpr-soars-110-is-further-upside-left-in-the-stock

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Tapestry Inc. Price History

22.10.2024 - TPR Stock was up 6.9%

• Tapestry's bullish movement today could be attributed to the termination of its merger agreement with Capri Holdings Limited, which was perceived positively by analysts as it allows Tapestry to focus on its own growth strategies without the uncertainties associated with the merger.
• The decision to end the merger deal with Capri Holdings could indicate that Tapestry is confident in its ability to drive solid growth independently, which might have sparked investor optimism and led to the bullish movement in the stock.
• By redirecting its efforts towards expanding its business and enhancing shareholder value, Tapestry is positioning itself for a more focused and potentially successful future, which investors seem to view favorably based on today's market performance.

06.01.2025 - TPR Stock was up 11.2%

• High-rolling investors are bullish on Tapestry (TPR) as indicated by their options positioning, which likely contributed to the strong bullish movement in the stock today.
• Tapestry (TPR) exceeded earnings and revenue estimates for the second quarter, surprising analysts and investors positively.
• Analysts' insights on key performance measures for Tapestry (TPR) are optimistic, suggesting a potentially strong quarter ended December 2024.
• The combination of positive earnings surprises, bullish investor sentiment, and optimistic analyst projections likely fueled the bullish movement in Tapestry's stock today.

06.01.2025 - TPR Stock was up 16.1%

• TPR stock saw a significant uptrend today, possibly influenced by the optimistic outlook and high expectations surrounding its forthcoming Q2 earnings release.
• Analysts have a positive outlook on TPR's performance, foreseeing surpassing earnings growth and exceeding key performance metrics, thereby enhancing investor trust in the stock.
• The market's movement signifies investor confidence in Tapestry's capability to deliver robust financial results, potentially leading to a rise in stock price as the earnings report date nears.

06.01.2025 - TPR Stock was up 12.3%

• Tapestry (TPR) reported better-than-expected Q2 earnings and revenue, showcasing strong financial performance and exceeding market expectations.
• The increase in gross margin and the raised fiscal 2025 outlook indicate a positive growth trajectory for the company, leading to increased investor confidence and a bullish market movement.
• High-rolling investors showing bullish sentiment through options trading further fueled positive market sentiment towards Tapestry (TPR), contributing to its strong bullish movement today.
• Analysts' positive insights on key performance measures for Tapestry (TPR) also added to the overall optimism surrounding the stock, reinforcing the bullish trend observed in the market.

14.10.2024 - TPR Stock was up 8.6%

• TPR stock saw a significant bullish trend today.
• The cancellation of the $8.5 billion merger agreement with Capri Holdings (NYSE: CPRI) potentially alleviated investor uncertainty, resulting in a positive market sentiment.
• Tapestry's strong Q1 earnings performance, expansion of gross margin, and increased fiscal 2025 forecast likely boosted investor confidence and attracted new buyers, particularly from the Gen Z and Millennial demographics.
• The robust sales results, outperformance in earnings, and enhanced guidance for Q3 further strengthened Tapestry's market position, propelling its stock price upwards.

13.02.2025 - TPR Stock was down 5.1%

• A comparison between TPR and ONON might have raised concerns among investors about TPR's valuation and potential growth prospects, leading to a bearish movement.
• Investors may have favored ONON over TPR due to perceived better value, causing a sell-off in TPR shares.
• Highlighted weaknesses or challenges faced by TPR in comparison to its competitor might have impacted investor sentiment negatively.
• The market reaction could indicate a shift in investor preference towards ONON, influencing TPR's stock price to decline significantly.

28.02.2025 - TPR Stock was down 5.2%

• The bearish movement in TPR today could be attributed to investors favoring ONON over TPR as a better value stock option.
• This shift in investor sentiment may be due to factors such as stronger financial performance, growth potential, or market positioning of ONON compared to TPR.
• Investors might be reevaluating their investment decisions, leading to a sell-off in TPR shares and driving the bearish movement in the stock price.

12.01.2025 - TPR Stock was up 5.6%

• Tapestry (TPR) witnessed a significant uptrend in trading activity today.
• The company surpassed earnings expectations for the second quarter, reporting an increase in gross margin and an enhanced fiscal 2025 outlook, highlighting robust performance and growth prospects.
• Notable investors have displayed optimistic sentiment towards Tapestry (TPR), reflecting confidence in the company's future trajectory.
• The favorable earnings and revenue results for the quarter ending December 2024 likely fueled the positive market momentum, attracting investor attention and propelling the stock price upwards.

04.02.2025 - TPR Stock was down 6.5%

• TPR might have experienced a bearish movement due to profit-taking after a recent bullish run.
• The strong performance of competitor Urban Outfitters (URBN) hitting a fresh high might have shifted investor focus away from TPR temporarily.
• Investors could be uncertain about TPR's future growth prospects compared to companies like URBN, leading to the bearish market movement.
• It's essential for TPR to showcase its unique value proposition and growth strategy to regain investor confidence and reverse the bearish trend.

26.01.2025 - TPR Stock was up 5.2%

• An irregular trading pattern in options related to Tapestry generated uncertain market sentiment initially.
• The sale of Stuart Weitzman for $105 million to Caleres was received positively by investors, signaling a strategic concentration on core brands like Coach and Kate Spade.
• This strategic shift was perceived as a move towards operational efficiency and increased profitability, fostering investor confidence and contributing to the upward momentum of Tapestry's stock today.

10.03.2025 - TPR Stock was up 5.3%

• TPR stock rose by 11.0% during the last trading session, reflecting strong investor interest and favorable market sentiment.
• The elevated trading volume indicates heightened buying activity and the potential for a bullish trend in the short term.
• It is important to exercise caution despite the surge, as recent changes in earnings estimates may not ensure further price hikes in the immediate future.
• The uptick in TPR stock price can be attributed to restored investor trust, positive market conditions, and growth prospects for Tapestry's luxury brands.

01.03.2025 - TPR Stock was up 5.1%

• Tapestry (TPR) has shown impressive performance over the past 5 years, outperforming the market by 26.96% annually, with an average return of 44.4%. This positive track record likely contributed to today's bullish movement.
• Comparisons with other stocks like ONON to determine better value may have sparked investor interest in TPR, leading to increased buying pressure and driving the stock price higher.
• The market capitalization of Tapestry at $15.96 billion indicates investor confidence in the company's growth prospects and financial stability, further supporting the bullish movement observed today.