Gap, Inc. (The) (GAP) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.38
- Estimate
- $0.49
- Surprise
- +180.9%
- Revenue (period 2026-08-01)
- $3.65B
- Score at report (before → after)
- 6.2 → 6.3/10
Revenue source: xbrl.
How the report landed
Gap, Inc. (The) (GAP) beat the $0.49 estimate with adjusted EPS of $1.38 — a large 180.9% upside surprise. TrendMatrix's engine moved from Hold (6.2/10) to Sell at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates GAP Sell at 5.8/10.
2 of the last 4 quarters beat the estimate; this quarter's +180.9% surprise compares with a +45.9% four-quarter average. Next scheduled report: 2026-11-19.
What supports the rating
- Attractive valuation
- Margin of safety: 57%
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0)
- Sector modifier (Consumer Cyclical): -1.5
- Leverage penalty (D/E 1.4): -0.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $21.69
- Price target
- $23.86
- Stop
- $20.27
- Upside to target
- +10.0%
- Reward-to-risk
- 1.2:1
Forward estimates sit below the trailing run-rate (8.1× forward vs 6.5× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
GAP at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Apparel Retail
- Market cap
- $7.48B
- P/E (fwd)
- 8.1
- P/E (ttm)
- 6.5
- 52-week range
- $18.11–$29.36
- Off 52-week high
- 26.1%
- RSI (14)
- 45
- Volume vs avg
- 0.61×
- Score today
- 5.8/10