Goldman Sachs Maintains a Buy Rating on The Gap, Inc. (GAP) with a $32 Price Target

The Gap, Inc. (NYSE:GAP) is among the 11 Most Oversold Stocks to Buy Now.

On March 6, 2026, Goldman Sachs maintained a Buy rating and $32 price target on The Gap, Inc. (NYSE:GAP) after hosting the company’s management team for investor meetings. Goldman Sachs said management struck a constructive tone around continued momentum across its largest brands and the opportunity to turn around the Athleta business.

Also on March 6, BofA raised its price target on The Gap, Inc. (NYSE:GAP) to $29 from $27 and kept a Neutral rating, stating there “were no surprises” in the Q4 results. BofA said the firm is encouraged by positive comparable sales but remains concerned that lower-end consumers could face pressure from tariffs. BofA also raised its FY26 EPS estimate by 3% to $2.25 to reflect a slightly improved gross margin outlook.

On March 5, 2026, The Gap, Inc. (NYSE:GAP) reported Q4 EPS of 45c, compared with the 46c consensus estimate, and revenue of $4.2B versus the $4.24B consensus. Comparable sales increased 3% year over year. CEO Richard Dickson said the company delivered a “successful fourth quarter” and achieved its second consecutive year of topline growth alongside an eighth consecutive quarter of positive comparable sales. Gap expects FY26 adjusted EPS of $2.20-$2.35, compared with the $2.33 consensus estimate.

The Gap, Inc. (NYSE:GAP) operates an apparel retail business offering clothing, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands.

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