Is TPR a good stock to buy? We came across a bullish thesis on Tapestry, Inc. on X.com by @MoneyShow. In this article, we will summarize the bulls’ thesis on TPR. Tapestry, Inc.’s share was trading at $150.53 as of June 23rd. TPR’s trailing and forward P/E were 45.89 and 19.80 respectively according to Yahoo Finance.
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Tapestry Inc. is positioned as a leading New York-based modern luxury house with a $28 billion market capitalization, overseeing a portfolio of iconic brands including Coach, Kate Spade, and Stuart Weitzman. The company is currently experiencing a strong technical breakout as its share price has pushed through heavy resistance near the $145 level, signaling renewed investor interest and accelerating momentum in the stock.
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This breakout is being supported by improving fundamentals and strengthening sentiment, with Tapestry benefiting from a high-margin premium leather goods business model that continues to generate resilient cash flows across global markets. In addition, the company is expanding its digital engagement strategy through a Gen Z-focused loyalty app ecosystem, which is helping deepen brand connectivity and drive higher customer lifetime value. Tapestry is also leveraging its AI platform, Mira, to enhance operational efficiency, optimize supply chains, and scale its global retail and digital footprint more effectively, further reinforcing its long-term growth trajectory.
The stock has gained additional technical support from strong institutional screening signals, with a 48% “Buy” overall technical opinion according to Barchart, indicating that both intermediate-term and long-term indicators remain supportive of continued upside momentum. Following a robust quarterly earnings beat and an upward revision in guidance, the stock has entered a bullish “staircase” formation characterized by consistent higher highs and higher lows, reflecting sustained buyer accumulation.
Momentum indicators have turned sharply positive as traders increasingly position for continuation of the breakout trend. While sentiment across the broader market has been heavily concentrated in AI-related equities, Tapestry stands out as a non-AI momentum opportunity with clear technical strength. Given the current setup, the stock presents potential for at least a 10% additional upside in the intermediate term if momentum continues and the breakout holds, reinforcing a constructive bullish outlook supported by both technical and fundamental drivers.
Previously, we covered a bullish thesis on Capri Holdings Limited (CPRI) by Paul Cerro in May 2025, which highlighted the Versace divestment, net-cash balance sheet improvement, and potential tariff normalization as key drivers of a valuation re-rating and upside once macro overhangs ease. CPRI’s stock price has appreciated by approximately 10.50% since our coverage. @MoneyShow shares a similar view but emphasizes Tapestry Inc. (TPR)’s technical breakout momentum and earnings-driven strength rather than balance sheet restructuring and macro-driven catalysts.
Tapestry, Inc. is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held TPR at the end of the first quarter which was 63 in the previous quarter. While we acknowledge the risk and potential of TPR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TPR and that has 10,000% upside potential, check out our report about this cheapest AI stock.
Disclosure: None.
