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Tapestry Inc. ($TPR) Stock Forecast: Up 6.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Tapestry Inc.?

Tapestry, Inc. ($TPR) is a renowned luxury fashion company that owns brands like Coach, Kate Spade, and Stuart Weitzman. The company operates globally and is known for its high-quality accessories and apparel.

Why is Tapestry Inc. going up?

TPR stock is up 6.1% on Mar 10, 2026 14:16

  • The bullish movement in Tapestry, Inc. ($TPR) can be attributed to a significant increase in institutional ownership, with major players like Pinkerton Wealth LLC, WINTON GROUP Ltd, and Korea Investment CORP boosting their stakes in the company. This indicates positive sentiment towards Tapestry's future performance.
  • Despite some insider selling by company executives like CEO Joanne Crevoiserat, the overall strong quarterly earnings report, which exceeded expectations, and optimistic guidance for FY2026 have bolstered investor confidence in Tapestry's growth prospects.
  • The combination of institutional support, positive financial results, and analyst consensus of a "Moderate Buy" rating has likely contributed to the bullish momentum in Tapestry's stock price.
  • The reduction in stake by American Century Companies Inc. and First Trust Advisors LP, while notable, seems to have been outweighed by the overall positive market sentiment towards Tapestry, Inc.

TPR Price Chart

TPR Technical Analysis

TPR News

Pinkerton Wealth LLC Boosts Stake in Tapestry, Inc. $TPR

Pinkerton Wealth LLC increased its stake in Tapestry, Inc. (NYSE:TPR) by 31.7% in the third quarter, bringing its total holdings to 32,293 shares worth $3.66 million. Other major institutions like Swiss National Bank and Schroder also increased their positions, raising overall institutional ownership to 90.77%. Despite this, company insiders, including Director Thomas Greco and CEO Joanne Crevoiserat, have been net sellers, disposing of 164,956 shares totaling $25.3 million within the last 90 days.

https://www.marketbeat.com/instant-alerts/filing-pinkerton-wealth-llc-boosts-stake-in-tapestry-inc-tpr-2026-03-10/

0 News Article Image Pinkerton Wealth LLC Boosts Stake in Tapestry, Inc. $TPR

WINTON GROUP Ltd Raises Stock Holdings in Tapestry, Inc. $TPR

WINTON GROUP Ltd significantly increased its stake in Tapestry, Inc. (NYSE:TPR) by 44.7% in the third quarter, bringing its total holdings to 56,024 shares valued at $6.343 million. This comes as Tapestry exceeded quarterly expectations with strong EPS and revenue, also providing optimistic FY2026 guidance. Despite some insider selling, institutional ownership remains high at 90.77%, and analysts generally rate the stock as a "Moderate Buy."

https://www.marketbeat.com/instant-alerts/filing-winton-group-ltd-raises-stock-holdings-in-tapestry-inc-tpr-2026-03-10/

1 News Article Image WINTON GROUP Ltd Raises Stock Holdings in Tapestry, Inc. $TPR

Korea Investment CORP Buys New Shares in Tapestry, Inc. $TPR

Korea Investment CORP has purchased a significant new stake in Tapestry, Inc. (NYSE:TPR), acquiring 237,345 shares valued at approximately $26.87 million during the third quarter. This move makes Korea Investment CORP an approximate 0.12% owner of Tapestry. The article also details other institutional investor activity, Tapestry's financial health, recent insider trades, and analyst ratings, indicating a "Moderate Buy" consensus.

https://www.marketbeat.com/instant-alerts/filing-korea-investment-corp-buys-new-shares-in-tapestry-inc-tpr-2026-03-10/

2 News Article Image Korea Investment CORP Buys New Shares in Tapestry, Inc. $TPR

First Trust Advisors LP Has $92.84 Million Stock Holdings in Tapestry, Inc. $TPR

First Trust Advisors LP significantly reduced its stake in Tapestry, Inc. (NYSE:TPR) by 35.7% in the third quarter, now holding 819,980 shares valued at $92.84 million. Despite this reduction by one institutional investor, other hedge funds have acquired new positions, and institutional investors collectively own 90.77% of the company's stock. Tapestry recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.40 per share.

https://www.marketbeat.com/instant-alerts/filing-first-trust-advisors-lp-has-9284-million-stock-holdings-in-tapestry-inc-tpr-2026-03-10/

3 News Article Image First Trust Advisors LP Has $92.84 Million Stock Holdings in Tapestry, Inc. $TPR

American Century Companies Inc. Lowers Stock Position in Tapestry, Inc. $TPR

American Century Companies Inc. reduced its stake in Tapestry, Inc. by 8.2% in the third quarter of 2025, selling 15,556 shares and owning 174,981 shares valued at $19.8 million. Despite this, institutional investors hold 90.77% of the company's stock. Insider selling, including by CEO Joanne Crevoiserat and Todd Kahn, has also been notable, with insiders disposing of 164,956 shares worth $25.3 million in the past three months.

https://www.marketbeat.com/instant-alerts/filing-american-century-companies-inc-lowers-stock-position-in-tapestry-inc-tpr-2026-03-10/

4 News Article Image American Century Companies Inc. Lowers Stock Position in Tapestry, Inc. $TPR

Tapestry Inc. Price History

07.00.2026 - TPR Stock was up 0.7%

  • Tapestry (TPR) achieved a new 52-week high and an all-time high today, showcasing strong investor confidence and robust financial performance.
  • The company exceeded quarterly earnings and revenue estimates, provided strong guidance for FY2026, and authorized a significant share buyback, contributing to the bullish movement.
  • Despite the positive momentum, concerns about the stock trading above its Fair Value and being overbought were raised, indicating a need for cautious optimism moving forward.
  • Mixed analyst sentiments persist, with some reiterating "outperform" or "overweight" ratings while others express concerns, highlighting the importance of monitoring the stock's valuation closely.

05.01.2026 - TPR Stock was up 7.1%

  • Tapestry (TPR) stock experienced a bullish movement today due to the following reasons:
  • The company reported impressive Q2 earnings, surpassing both revenue and EPS expectations.
  • Tapestry raised its full-year fiscal 2026 outlook, indicating strong performance and increased efficiency.
  • The success of its Tabby handbags and strong sales from the Coach brand contributed to the positive market sentiment.
  • Analysts maintain a "Moderate Buy" consensus rating for TPR, reflecting confidence in the company's future growth prospects.

05.01.2026 - TPR Stock was up 14.5%

  • Tapestry's stock saw a significant bullish movement following the release of its Q2 2026 earnings, which exceeded analyst expectations.
  • The company's strong performance was driven by the success of its Tabby handbags, particularly appealing to consumers and boosting sales.
  • With Tapestry raising its annual forecasts and providing a positive outlook for the full year, investors are optimistic about the company's growth potential.
  • Analysts maintaining a "Moderate Buy" consensus rating for TPR further reinforces the positive sentiment surrounding the stock, indicating confidence in its future prospects.

05.01.2026 - TPR Stock was up 9.6%

  • Tapestry Inc. (TPR) saw a notable uptrend today, with a rise of about 5% in pre-market trading.
  • The surge in Tapestry's stock was fueled by its impressive Q2 earnings performance, achieving an adjusted EPS of $2.69 per share, surpassing the FactSet estimate of $2.22.
  • The company's strong showing was credited to its "Amplify" growth strategy, successful new customer acquisitions, and expansion across all brands and regions.
  • Positive earnings results and an enhanced full-year guidance, projecting revenue exceeding $7.75 billion and non-GAAP EPS ranging between $6.40 and $6.45, were key factors contributing to the significant increase in Tapestry's stock price.

05.02.2026 - TPR Stock was down 5.0%

  • A significant stake reduction in Tapestry by Picton Mahoney Asset Management in the third quarter could have signaled concerns about the company's long-term growth prospects, contributing to the bearish sentiment.
  • Despite Tapestry reporting strong earnings and announcing positive initiatives like a share buyback program and quarterly dividend, the insider sell-off by VP Manesh Dadlani might have raised doubts among investors about the company's future performance.
  • An industry expert's recommendation to accumulate shares of Tapestry, citing promising signs in the retail sector, could provide a glimmer of hope for the stock amidst the overall bearish trend.
  • The combination of institutional sell-offs, insider selling, and mixed analyst ratings might have created uncertainty in the market, leading to the bearish movement in Tapestry's stock price today.

05.02.2026 - TPR Stock was down 5.0%

  • Reduction in holdings by Picton Mahoney Asset Management and the sale of shares by Tapestry's VP may have contributed to the bearish trend, signaling a lack of confidence among institutional investors and insiders.
  • Despite strong earnings and positive announcements like a share buyback program and dividend, the stock fell by 1.28%, possibly due to concerns over insider selling and a high P/E ratio.
  • Recommendation to accumulate shares by Jim Cramer and the overall positive sentiment towards Tapestry as a promising turnaround story could provide some support and stability to the stock price in the future.
  • The mixed analyst outlook, with some upgrading and others downgrading ratings, reflects the uncertainty and valuation concerns surrounding Tapestry, adding to the downward pressure on the stock.

06.01.2026 - TPR Stock was up 7.6%

  • Tapestry, Inc. (TPR) experienced a strong bullish movement following its record-breaking Q2 2026 financial performance.
  • The surge in TPR's stock price can be attributed to the company's exceptional financial results, with pro forma revenue growth of 18% and EPS up 34%, surpassing market expectations.
  • The success of Coach's growth and customer acquisition strategies, along with Tapestry's commitment to sustainable growth through brand investments and operational discipline, contributed to the positive market sentiment.
  • Analysts raised the price target for TPR to $165 from $142, emphasizing the company's strong quarterly results and exceeding earnings guidance, further fueling investor confidence in Tapestry's future prospects.

06.01.2026 - TPR Stock was up 5.6%

  • Tapestry, Inc. (TPR) reported record-breaking Q2 2026 earnings, with pro forma revenue growth of 18% and EPS up 34%, surpassing expectations. This exceptional performance, driven by strong growth in Coach sales and successful customer acquisition strategies, has significantly boosted investor confidence in the company's future prospects.
  • The company's commitment to long-term sustainable growth through brand investments and operational discipline has resonated well with shareholders, leading to a surge in the stock price.
  • Analysts raised Tapestry's price target to $165, reflecting a positive outlook for the stock and reinforcing market optimism towards the company's continued success.
  • The strong financial results and optimistic guidance provided by Tapestry have propelled the stock to an all-time high, showcasing the market's enthusiasm for the company's performance and strategic direction.

10.02.2026 - TPR Stock was up 6.1%

  • The bullish movement in Tapestry, Inc. ($TPR) can be attributed to a significant increase in institutional ownership, with major players like Pinkerton Wealth LLC, WINTON GROUP Ltd, and Korea Investment CORP boosting their stakes in the company. This indicates positive sentiment towards Tapestry's future performance.
  • Despite some insider selling by company executives like CEO Joanne Crevoiserat, the overall strong quarterly earnings report, which exceeded expectations, and optimistic guidance for FY2026 have bolstered investor confidence in Tapestry's growth prospects.
  • The combination of institutional support, positive financial results, and analyst consensus of a "Moderate Buy" rating has likely contributed to the bullish momentum in Tapestry's stock price.
  • The reduction in stake by American Century Companies Inc. and First Trust Advisors LP, while notable, seems to have been outweighed by the overall positive market sentiment towards Tapestry, Inc.

07.10.2025 - TPR Stock was up 5.0%

  • Despite Tapestry beating Q1 earnings and raising its FY26 outlook, TPR stock fell 10% due to concerns over tariffs and weakness in the Kate Spade brand.
  • The market may have reacted negatively to the tariff concerns, impacting Tapestry's future profitability and growth potential.
  • Weakness in the Kate Spade brand could have raised investor concerns about the overall performance of Tapestry's portfolio, leading to the bearish movement in the stock price.
  • Investors might be closely monitoring Tapestry's ability to address these challenges and sustain its growth trajectory in the luxury accessories market.

11.11.2025 - TPR Stock was up 5.0%

  • Endorsement of Tapestry's turnaround efforts under Joanne Crevoiserat has boosted investor confidence in the company's strategic direction and potential for long-term growth.
  • The exercise of stock options by Tapestry's Chief People Officer, Denise Kulikowsky, indicates internal confidence in the company's future performance.
  • Despite Tapestry's strong performance, the mention of potential upside in certain AI stocks suggests investors are considering a diverse portfolio strategy.
  • Tapestry's ability to outperform expectations in a challenging retail environment showcases the company's resilience and adaptability in the market.

06.00.2026 - TPR Stock was up 1.4%

  • A notable investment by Stevens Capital Partners and subsequent increase in their holdings likely raised investor confidence in Tapestry, Inc., contributing to the stock's upward movement.
  • Tapestry's impressive Q3 earnings report, surpassing expectations with significant growth in EPS and revenue, as well as the announcement of a substantial share repurchase program, further enhanced optimism among investors.
  • Upward revisions in price targets by analysts and an overall "Moderate Buy" consensus rating with a high average price target suggest a favorable outlook for the stock, attracting more investor interest and supporting the bullish trend.
  • The company's fair valuation, potential for future earnings growth, and increased ownership by institutional investors like Generali Asset Management SPA SGR also influenced the stock's positive trajectory, indicating a promising future for Tapestry, Inc.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.