The Gap, Inc.

GAP

Bullish$24.14+2.80%3D · 2026-09-02
SettledOpen GAP

Predicted move

+2.80%

Target $24.14

Actual move at settlement

-6.05%

Confirmed close $22.06

Both measured from $23.48 on 2026-08-28 · Target close 2026-09-02

Direction missed

Actual -6.05%Move error 8.85 pp0 / 100 points
How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

Gap Inc. beat Q2 adjusted EPS (0.52 vs ~0.48) and raised FY adjusted EPS to 2.35-2.45 while naming Michael Francis Old Navy CEO; Friday +12.9% on 3.4x volume closed off the highs after a gap-up, so a modest three-session continuation is favored as analysts digest the margin raise and Gap-brand momentum, with Old Navy traffic already improving per management. Invalidation: sustained break below Friday 23.33 low toward the 22.50 gap zone; Athleta weakness and consumer discretionary risk remain the main fade catalysts.

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

Discussion

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