TPR Should I Buy
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Tapestry Inc (TPR) is a good buy for a beginner investor with a long-term investment strategy and $50,000-$100,000 available. The company has strong financial performance, positive analyst sentiment, and bullish technical indicators, making it a solid choice for long-term growth.
The stock shows bullish momentum with MACD positively expanding, RSI in the neutral zone, and moving averages indicating an uptrend (SMA_5 > SMA_20 > SMA_200). The pre-market price of $160.08 is near the R1 resistance level of $160.233, suggesting potential for further upward movement.
Strong Q2 financial performance with revenue up 13.98% YoY, net income up 80.83% YoY, and EPS up 94.20% YoY.
Positive analyst sentiment with multiple price target increases and buy/outperform ratings.
Sustainability initiatives, such as the 10-year carbon removal agreement with Climeworks, which align with long-term ESG trends.
Insider selling has increased significantly (37576.19%) in the last month, which may indicate reduced confidence from company insiders.
Hedge funds remain neutral, showing no significant trading activity.
In Q2 2026, Tapestry reported impressive growth: revenue increased to $2.5024 billion (up 13.98% YoY), net income rose to $561.3 million (up 80.83% YoY), EPS surged to $2.68 (up 94.20% YoY), and gross margin improved to 75.46% (up 1.44% YoY).
Analyst sentiment is highly positive, with multiple firms raising price targets and maintaining buy/outperform ratings. Recent price targets range from $141 to $190, with the majority above the current pre-market price of $160.08.
