Gap Inc. partnered with Chalhoub Group to expand its Gap, Banana Republic, and Athleta brands. The expansion targets the UAE, Saudi Arabia, and Kuwait starting in 2026.
Eighteen brokerages assigned the company a Moderate Buy consensus rating. Analysts set an average 12-month price target of $27.57. This target represents a premium over the stock's recent trading price.
Gap reported quarterly earnings per share of $0.38. This figure slightly missed the consensus estimate of $0.39.