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Tapestry (TPR) Emerges as a Leading Idea in Telsey’s 2026 Outlook

Tapestry, Inc. (NYSE:TPR) is included among the 20 Best Performing Dividend Stocks in 2025.

On December 17, Telsey Advisory raised its price target on Tapestry, Inc. (NYSE:TPR) to $150 from $125 and kept an Outperform rating. The call came as the firm shared its outlook and top picks for 2026. Telsey named Tapestry as a leading idea across Specialty, Luxury, and Beauty, pointing to how the company is navigating tariffs and continuing to operate from a position of strength.

That optimism sits alongside a more cautious message from management earlier in November. At the time, Tapestry, Inc. (NYSE:TPR) lifted its full-year targets but guided holiday-quarter earnings below expectations. Like many retailers, the company is moving carefully as tariffs and uneven consumer spending cloud the outlook during a critical shopping season.

On an earnings call, CFO Scott Roe said the company is deliberately keeping expectations in check. He noted that tariffs could create some profit volatility throughout the year. Tapestry, Inc. (NYSE:TPR) projected second-quarter earnings of about $2.15 per share, slightly below the $2.17 consensus estimate, according to LSEG data. Tariffs remain a pressure point. Tapestry sources products from India, Vietnam, and Cambodia, all affected by higher US tariffs. Even so, the company has avoided raising prices. CEO Joanne Crevoiserat told Reuters that strong demand for higher-margin Tabby bags, priced up to $750, has helped absorb those costs.

The company is also leaning more heavily into international growth. Sales in China rebounded to 19% during the quarter, while Europe recorded a 32% increase, showing renewed traction outside North America.

Tapestry, Inc. (NYSE:TPR) is a global luxury fashion holding company that owns brands including Coach, Kate Spade New York, and Stuart Weitzman. It sells handbags, footwear, apparel, and accessories through retail stores, e-commerce platforms, and wholesale channels.

While we acknowledge the potential of TPR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TPR and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 14 Best Pharma Dividend Stocks to Buy in 2026 and 14 Best Dividend Aristocrats to Invest in Heading into 2026.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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