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ANF · Abercrombie & Fitch · Consumer

Abercrombie & Fitch

Rating
Hold
Price at publication
$88.74
Target price
$103
Stated upside
+16%
Published
19 March 2026

Thesis

ANF has pulled off one of retail's best brand turnarounds, growing revenue from $3.7B to $5.3B in just three years.

Key risks

  1. 01A $90M tariff headwind on margins in 2025–26
  2. 02The Abercrombie adult brand is underperforming
  3. 03An ERP rollout could disrupt inventory near term

Price, target and upside are as stated in the report on 19 March 2026, not updated since.

Read the complete Abercrombie & Fitch report (PDF) →

Educational research. This report reflects the views of its student author as of 19 March 2026. It is not investment advice or a recommendation to buy or sell any security. Full disclaimer.