The Gap, Inc. (GAP) Stock Price & Analysis
The Gap, Inc. (GAP) closed at USD 22.91 on Thursday, October 22, 2026, up 0.97% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 22.69; the Oct 22, 2026 session ranged USD 22.35–23.03 on volume of 6,096,660 shares. Market capitalization is $8.05B, with a 52-week range of USD 18.11–29.36 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:01 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GAP.md
Key facts (GAP)
- Last four reported quarters (through Aug 1, 2026): revenue $15.3B, net income $1.25B (8.1% margin), free cash flow $957M (SEC filings).
- Valuation: P/E 6.5x (avg 12.6x at the last 3 fiscal year-ends), EV/EBITDA 3.2x, net cash $992M.
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $33.0M; 5 not under a Rule 10b5-1 plan ($32.2M); 2 by opportunistic insiders (0 outside 10b5-1 plans), 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +2.5% vs S&P 500 +14.9%; 5Y +24.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-19, EPS estimate USD 0.78, revenue estimate $4.01B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GAP)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $16.7B | $15.6B | $14.9B | $15.1B | $15.4B | $15.3B |
| Gross profit | $6.64B | $5.36B | $5.78B | $6.23B | $6.27B | — |
| Operating income | $810M | -$69.0M | $560M | $1.11B | $1.11B | $1.68B |
| Net income | $256M | -$202M | $502M | $844M | $816M | $1.25B |
| EPS (diluted) | $0.67 | -$0.55 | $1.34 | $2.20 | $2.13 | — |
| Free cash flow | $115M | -$78.0M | $1.11B | $1.04B | $823M | $957M |
| Gross margin | 39.8% | 34.3% | 38.8% | 41.3% | 40.8% | — |
| Operating margin | 4.9% | -0.4% | 3.8% | 7.4% | 7.3% | 11.0% |
| Net margin | 1.5% | -1.3% | 3.4% | 5.6% | 5.3% | 8.1% |
| Revenue growth | +20.8% | -6.3% | -4.7% | +1.3% | +1.9% | — |
| Cash + short-term investments | $877M | — | $1.87B | $2.59B | $3.00B | — |
| Total debt | $1.48B | $1.49B | $1.49B | $1.49B | $1.49B | — |
Fiscal years end Jan. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Aug 1, 2026) (GAP)
P/E 6.5x · P/S 0.5x · EV/EBITDA 3.2x · EV/Sales 0.5x · P/FCF 8.4x · P/B 2.0x · FCF yield 11.89% · Earnings yield 15.50% · Dividend yield (paid, TTM) 3.09% · Buyback yield (TTM) 7.51% · Net cash $992M · EV $7.06B
P/E at fiscal year-ends: Jan 2026 13.2x, Feb 2025 10.3x, Feb 2024 14.2x.
Insider sales (SEC Form 4, open-market, last ~7 months) (GAP)
2 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-05…2026-10-06 | Fisher William Sydney | Director | 933,656 | $22.1M | 2.7% | No | Too little history (no open-market trades in 2023) |
| 2026-10-06 | Gruber Julie | Chief Legal&Compliance Officer | 27,538 | $649K | 47.1% | Yes (adopted July 7, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-30 | Fisher William Sydney | Director | 66,344 | $1.5M | 0.2% | No | Too little history (no open-market trades in 2023) |
| 2026-04-17 | Gruber Julie | Chief Legal&Compliance Officer | 5,302 | $143K | 8.3% | Yes (adopted July 11, 2025) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-04-10 | Chan Eric Kayen | Chief Business & Strat Officer | 13,377 | $350K | 37.8% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-08 | Fisher John J | 300,000 | $7.6M | 0.8% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) | |
| 2026-04-06 | Thompson Amanda J | Chief People Officer | 25,000 | $628K | 22.5% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (GAP)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | Wolfe Research | Initiated | Peer Perform | |
| 2026-10-16 | Needham | Initiated | Hold | |
| 2026-09-09 | BMO Capital | Initiated | Market Perform | $23 |
| 2026-08-31 | Goldman Sachs | Target raised | Buy | $25 → $27 |
| 2026-08-28 | Wells Fargo | Target raised | Equal-Weight | $22 → $23 |
| 2026-08-28 | UBS | Target raised | Buy | $40 → $42 |
| 2026-08-28 | Barclays | Target raised | Equal-Weight | $20 → $23 |
| 2026-08-28 | TD Cowen | Target raised | Buy | $23 → $27 |
| 2026-08-28 | Morgan Stanley | Target raised | Equal-Weight | $21 → $23 |
| 2026-08-28 | B of A Securities | Target raised | Neutral | $26 → $27 |
| 2026-08-28 | BTIG | Target raised | Buy | $26 → $27 |
| 2026-08-21 | Goldman Sachs | Target lowered | Buy | $28 → $25 |
Total return (dividends reinvested) (GAP)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +2.5% | +24.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +2.5% | +4.4% |
| Volatility (annualized) | 46.6% | 54.4% |
| Max drawdown | -36.0% (Feb 2026→Jul 2026) | -66.1% (Nov 2021→May 2023) |
GAP suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Baozun Inc. (BZUN) | “On November 7, 2022, we signed agreements to transition our Gap China and Gap Taiwan operations to a third party, Baozun Inc., to operate Gap China and Gap Taiwan stores and the in-market website as a franchise partner, subject to regulatory approvals and closing conditions.” |
Quoted from the company's 10-K filed Mar 17, 2026.
GAP company outlook (results filed Aug 27, 2026)
- “The Company's updated full-year net sales outlook of up 1% to 1.5% now assumes Old Navy comparable sales of flat to down 1%, compared with the prior range of flat to up 1%, reflecting the brand's second-quarter performance.”
- “On a reported basis, the Company now expects full year diluted earnings per share to be approximately $3.77 to $3.87.”
Quoted word-for-word from the SEC 8-K results press release.
GAP analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Oct 2026) | $0.78 | $0.82 | -4.6% | $4.01B | 17 |
| Next quarter (ends Jan 2027) | $0.71 | $0.65 | +9.7% | $4.37B | 17 |
| Current fiscal year (ends Jan 2027) | $2.40 | $2.37 | +1.0% | $15.54B | 20 |
| Next fiscal year (ends Jan 2028) | $2.62 | $2.61 | +0.4% | $16.00B | 21 |
Key Statistics (as of October 23, 2026 at 10:01 UTC)
| Price | USD 22.91 |
|---|---|
| Change | ▲ 0.97% (up) |
| Previous Close | USD 22.69 |
| Open | USD 22.55 |
| Day Range | USD 22.35 – 23.03 |
| 52-Week Range | USD 18.11 – 29.36 |
| Volume | 6,096,660 shares |
| Market Cap | $8.05B |
| Exchange | NYQ |
Technical Analysis (GAP)
Nexqual's technical model rates GAP "BUY" based on 4 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 10:01 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 49.71 (neutral) |
| vs SMA50 | Above (USD 21.88) |
| MACD | 0.36 (positive) |
Earnings (GAP)
| Next Earnings Date | 2026-11-19 |
|---|---|
| EPS Estimate | USD 0.78 |
| Revenue Estimate | $4.01B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-07-31 | USD 0.52 vs est 0.48 ▲ beat |
| 2026-04-30 | USD 0.38 vs est 0.38 ▼ miss |
| 2026-01-31 | USD 0.45 vs est 0.46 ▼ miss |
| 2025-10-31 | USD 0.62 vs est 0.59 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financials & Fundamentals (GAP)
| Total Revenue | $15.33B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -2.00% |
| Gross Margin | +40.54% |
| Operating Margin | +6.71% |
| Profit Margin | +8.14% |
| ROE | +33.78% |
| Debt / Equity | 1.45 |
| Current Ratio | 1.82 |
| Total Cash | $2.48B |
| Total Debt | $5.72B |
| Free Cash Flow (last four quarters to Aug 2026, SEC 10-Q / 10-K) | $957.00M (6.2% of revenue) |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financial Health Score (GAP)
Nexqual rates The Gap, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:01 UTC.
| Growth | Mixed — Revenue +1.9% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 41%, operating 7% (last 12 months) |
| Balance Sheet | Mixed — $2.48B cash and investments vs $1.49B debt (Aug 2026, SEC), net cash |
| Cash Flow | Solid — FCF $957M (last 4 quarters to Aug 2026, SEC), 6% margin |
| Efficiency | Strong — ROE 34%, ROA 4.8% |
Ownership (GAP)
| Insider Ownership | +35.99% |
|---|---|
| Institutional Ownership | +67.02% |
| Shares Outstanding | 351.27M |
| Float | 201.24M |
| Short % of Float | +13.69% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Leadership (GAP)
The Gap, Inc. is led by Richard Dickson, CEO, President & Director, per Nexqual as of October 23, 2026 at 10:01 UTC.
| CEO, President & Director | Richard Dickson |
|---|---|
| Executive VP & CFO | Katrina O'Connell |
| President & CEO of Gap Brand | Mark Breitbard |
| President & CEO - Old Navy | Horacio Barbeito |
| Chief Technology Officer | Sven Gerjets |
Major Backers & Investors (GAP)
Notable institutional backers of The Gap, Inc. include AQR Capital Management, LLC, Arrowstreet Capital, Limited Partnership, Victory Capital Management Inc., according to Nexqual as of October 23, 2026 at 10:01 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AQR Capital Management, LLC | 4.18% |
| Arrowstreet Capital, Limited Partnership | 2.59% |
| Victory Capital Management Inc. | 1.75% |
| FMR, LLC | 1.26% |
| Goldman Sachs | 1.26% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Targeted Value Portfolio | 0.87% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 6.54% |
| Vanguard Group | 6.37% |
| Dimensional Fund Advisors | 4.61% |
| State Street | 2.22% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
From The Gap, Inc.'s Latest SEC 10-K Filing (filed 2026-03-17)
Key Strengths & Strategy (as disclosed to the SEC)
- Our brands have shared investments in supply chain and information technology, which allows us to optimize efficiency and responsiveness in our operations.
- In the first quarter of fiscal 2026, we rebranded our integrated loyalty program across the U.S. as Encore, which is designed to deepen customer engagement with our brands.
Legal & Regulatory Risks (Item 1A, quoted)
- Our vendors' failure to adhere to our Code of Vendor Conduct could harm our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| URBN | Urban Outfitters, Inc. | USD 88.29 | ▲ 1.53% |
| VSXY | Victorias Secret & Co. | USD 88.42 | ▼ 0.82% |
| ANF | Abercrombie & Fitch Company | USD 161.49 | ▲ 1.16% |
| LULU | lululemon athletica inc. | USD 104.06 | ▲ 7.8% |
| BURL | Burlington Stores, Inc. | USD 252.62 | ▲ 1.81% |
| BOOT | Boot Barn Holdings, Inc. | USD 119.76 | ▲ 3.16% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:01 UTC. This page is informational and not investment advice.
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