TD Cowen Lowers its Price Target on American Eagle Outfitters, Inc. (AEO) to $21 from $27 and Maintains a Hold Rating

American Eagle Outfitters, Inc. (NYSE:AEO) is among the 11 Most Oversold Stocks to Buy Now.

TD Cowen Lowers its Price Target on American Eagle Outfitters, Inc. (AEO) to $21 from $27 and Maintains a Hold Rating

TD Cowen lowered its price target on American Eagle Outfitters, Inc. to $21 from $27 on March 6 and maintained a Hold rating, updating its model following the company’s Q4 results. TD Cowen noted the results set “a high bar,” though the continued strength of the Aerie brand remains encouraging.

Also on March 6, Citi raised its price target on American Eagle to $24 from $23 and kept a Neutral rating on the shares.

On March 4, 2026, the company reported Q4 EPS of 84c, above the 72c consensus estimate, with revenue of $1.76B compared with the $1.74B consensus. Total comparable sales increased 8% in the quarter, including Aerie comps up 23% and American Eagle comps up 2%. CEO Jay Schottenstein said the company saw “strong execution in the back half of the year,” which helped “reignite growth across our brands and channels.” Schottenstein pointed to record fourth-quarter and holiday performance supported by new product collections and marketing campaigns that drove higher demand. Schottenstein added that the company entered 2026 from “a position of strength” and is focused on investing in its brands while pursuing additional efficiency initiatives.

American Eagle Outfitters, Inc. operates as a multi-brand specialty retailer offering jeans, apparel, accessories, and personal care products under the American Eagle brand, along with intimates, apparel, activewear, and swim collections through the Aerie and OFFLINE by Aerie brands.

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