JP Morgan Rates Tapestry (TPR) buy, $205 Price Target

Analyst Matthew Boss sticks with a buy rating as the luxury fashion house continues to navigate the high-end accessories market, a 36.31% upside from the current price.

By TradeTexts Research Desk · Published Jun 13, 2026, 2:06 AM EDT · Updated Jun 18, 2026, 10:01 AM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

JP Morgan rated Tapestry, Inc. ($TPR) "buy" with a $205 price target on June 12, 2026.

Since the rating, $TPR is up 1.2% after 1 week, down 7.7% after 1 month and down 18.2% to date (from the $146.86 close on Jun 12, 2026).

TPR Tapestry, Inc.

$120.18 -6.01% year to date

Daily close · Oct 16, 2026

Key Points

JP Morgan reiterated its buy rating on Tapestry, Inc. (TPR) on June 12, 2026, maintaining a price target of $205.00.
JP Morgan's $205 price target implies 36.31% upside from Tapestry, Inc.'s ($TPR) current $150.40 share price.
The company reported annual revenue of roughly $8.00 billion with a net margin of 19.1%, and shares currently trade at about 15.6 times trailing earnings.
Tapestry pays an annual dividend of $1.85 per share, representing a 1.64% yield with a payout ratio of 22%.

Get $TPR trade alerts by text

We text you when insiders, Congress or big funds trade $TPR. Free.

Not investment advice. TradeTexts is not a registered investment adviser, and this automated Tapestry, Inc. alert may contain errors. Disclosures

JP Morgan analyst Matthew Boss reiterated a buy rating on Tapestry, Inc. (TPR-NYSE) on June 12, 2026. The firm kept its price target for the luxury goods company at $205.00, suggesting a belief that the stock has significant room to run from its current levels. This rating confirms the bank's long-term confidence in the parent company of Coach and Kate Spade.

Analysts Set New Price Targets

Several other Wall Street firms have recently updated their views on the stock. On August 14, 2026, UBS maintained its buy rating and slightly increased its price target to $232.00. That same day, Morgan Stanley kept an overweight rating but trimmed its target to $159.00. Bernstein also updated its outlook on August 14, 2026, sticking with a market perform rating and a $185.00 target. Wells Fargo and Barclays also chimed in on August 14, 2026, with Barclays raising its target to $185.00 and Wells Fargo lowering its target to $160.00. Earlier in the month, on August 6, 2026, Telsey Advisory Group raised its price target to $175.00. Across 20 different analysts, the consensus remains a buy with an average price target of $166.50.

Tapestry Stock Performance and Valuation

On Saturday, the stock was priced at $150.40. This price is sitting above the 200-day moving average of $138.81 and the 50-day moving average of $135.23, which often suggests a positive trend in the stock's momentum. The shares have traded in a wide range over the past year, hitting a low of $93.00 and a high of $164.80. With a price-to-earnings (P/E) ratio of 15.6, the company is valued at roughly 12.7 times its expected future earnings.

12-month forecast

$TPR price target

Tapestry, Inc. daily closes and this analyst's $205 target. Not advice.

Recent Earnings and Financial Health

Tapestry has shown steady financial results, bringing in $8.00 billion in revenue with a growth rate of 8.9%. The company turned a profit of $7.27 per share, supported by a net margin of 19.1%. Its return on equity stands at 1.97. Investors are looking toward the next earnings report, which is scheduled for November 5, 2026, to see how the luxury market is performing heading into the holiday season.

Dividend Income for Shareholders

For those focused on income, Tapestry pays an annual dividend of $1.85 per share. At the current stock price, that works out to a dividend yield of 1.64%. The company uses about 22% of its earnings to pay this dividend, which suggests the payout is well-covered by its current profits.

Coach and Kate Spade Parent Company

Tapestry is a New York-based luxury house that owns iconic brands like Coach, Kate Spade, and Stuart Weitzman. It makes and sells high-end handbags, shoes, and accessories through its own stores and websites, as well as through department stores. The company has spent the last several years expanding its digital reach and growing its presence in Asian markets, particularly in China.

Investors should keep in mind that analyst ratings and price targets are opinions based on current data and can change quickly as new financial information becomes available. The next major update for the company will be its November earnings release.