On August 3, VF Corp rose 5.31% in regular trading, trading at approximately $15.12 per share, with turnover of $10.33 million.
The rebound follows the company's fiscal Q1 2027 earnings release on July 29, which reported revenue of $1.669 billion, surpassing the consensus estimate of $1.64 billion, though down year-over-year. VF Corp also raised its full-year revenue growth outlook to 2% or higher while maintaining its adjusted operating margin target of approximately 8%. Despite the adjusted loss per share of $0.27 missing the expected $0.22 loss — which initially triggered a sharp selloff of over 17% — the market has since digested the earnings shortfall and shifted attention toward the positive signals of a revenue beat and improved annual guidance, fueling a technical recovery.
Multiple analysts have recently adjusted price targets, with UBS trimming to $16 and Truist Securities to $14, both maintaining hold ratings, while the mean analyst target stands at $19.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments