WallStSmart
TPR

Tapestry Inc

NYSE: TPR · CONSUMER CYCLICAL · LUXURY GOODS

$141.60
-1.56% today

Updated 2026-04-29

Market cap
$28.98B
P/E ratio
54.88
P/S ratio
3.86x
EPS (TTM)
$2.58
Dividend yield
1.04%
52W range
$70 – $162
Volume
1.9M

Tapestry Inc (TPR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$141.60
Consensus
$142.20
+0.42%
2030 Target
$593.04
+318.81%
DCF
16 analysts:
8 Buy4 Hold1 Sell

Management guidance

CEO Joanne Crevoiserat has not publicly disclosed specific revenue targets through 2030. However, management raised FY2026 guidance in Feb 2026 earnings call, indicating confidence in current trajectory. The company's 'Amplify' strategy targets operational efficiency and DTC expansion, with aspirational long-term growth but no quantified 2030 revenue targets disclosed.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$988.40
$10.2B Rev × 20x P/S
Base case (2030)
$593.04
$10.2B Rev × 12x P/S
Bear case (2030)
$395.36
$10.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$6.7B$6.7B$7.0B$7.9B$8.3B$8.8B$9.5B$10.2B
Revenue growth0.2%5.1%12.4%5.3%6.6%7.1%7.2%
EPS$4.29$4.06$6.56$7.31$8.20$9.15$10.20
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$465.96$480.08$522.44$550.68$593.04

Catalysts & risks

Growth catalysts
+ Coach brand momentum and Tabby handbag craze driving record margins
+ China expansion targeting Gen Z as first luxury handbag purchaser demographic
+ Kate Spade turnaround and repositioning strategy under new leadership
+ DTC channel expansion and data-driven personalization via tech CTO appointment
+ Share buyback program with aggressive capital allocation to shareholders
Key risks
- Coach brand concentration risk - over 50% of revenue from single brand
- Macro consumer spending slowdown impacting luxury goods demand
- China market uncertainty and potential tariff headwinds on sourcing
- Kate Spade brand reset execution risk and near-term margin pressure
- High valuation (P/E 54.7x, P/S 3.87x) leaves limited margin of safety

Methodology

Tapestry Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.