Stitch Fix, Inc. (SFIX) PT Lowered to $37 at Barclays
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StitchFix (SFIX) Soars 15% on Better Than Feared Results, Analysts Remain Cautious
September 22, 2021 6:22 AM EDTShares of Stitch Fix (NASDAQ: SFIX) are up nearly 16% in the early Wednesday trading session after the company delivered FQ4 results.
Stitch Fix reported Q4 EPS of $0.19 to smash the analyst estimate of negative $0.13. Revenue for the quarter came in at $571.2 million versus the consensus estimate of $547.89 million.
In Q4 we delivered $571 million in net revenue, reflecting 29% year-over-year growth, helping us cross $2 billion in annual net revenue for the first time, Stitch Fix CEO Elizabeth Spaulding said.
As we look forward, we are focused on continuing to expand and transform... More
Stitch Fix, Inc. (SFIX) PT Lowered to $46 at Stifel
September 22, 2021 6:13 AM EDTStifel analyst Scott Devitt lowered the price target on Stitch Fix, Inc. (NASDAQ: SFIX) to $46.00 (from $70.00) while maintaining a Hold rating following earnings.
The analyst commented, "Stitch Fix reported strong F4Q:21 results as revenue and adj. EBITDA margin exceeded expectations. Revenue increased... More
