VF Corporation stock gets a lower Piper Sandler target

VF Corporation stock closed at USD 14.33 on the NYSE on October 2, 2026, leaving the apparel group with a USD 5.6 billion market capitalization. Piper Sandler kept a Hold rating but cut its price target from USD 18 to USD 16 on October 1, 2026, according to Moomoo.

Piper Sandler trims its target

The revised USD 16 target sits 11.7 percent above the October 2 closing price of USD 14.33. Piper Sandler's move puts the focus on the distance between VF's turnaround plans and the earnings pressure still visible in its latest quarter.

The target change followed VF's fiscal first-quarter report, which the company published on July 29, 2026, through its VF Corporation news page.

Revenue beat meets an earnings miss

For fiscal Q1 2027, revenue was USD 1.67 billion, compared with analyst expectations of USD 1.64 billion, while adjusted EPS was a loss of USD 0.27 against a projected loss of USD 0.22, according to MarketBeat. Revenue still declined 5.2 percent from the same quarter a year earlier, making the sales beat less decisive than the headline number suggests.

VF's brand mix explains the tension. The North Face and Timberland provided operating support in the quarter, while Vans remained the key execution issue described in recent analyst coverage, leaving margin recovery and brand demand as the main tests for the next report.

Consensus remains at Hold

MarketBeat lists a Hold consensus from 21 analysts, with an average price target of USD 17.31, a high target of USD 23 and a low target of USD 14. The average target is 20.8 percent above the October 2 close, a wider gap than Piper Sandler's revised view.

The market snapshot adds a cautious valuation frame: VF traded within a 52-week range of USD 12.45 to USD 22.27, with volume of 9,415,785 shares on October 2. The close was USD 0.08 below the prior close of USD 14.41, while the market capitalization stood at USD 5.6 billion.

Stock remains below its yearly high

VF Corporation closed at USD 14.33 on the NYSE on October 2, 2026, or 35.6 percent below its 52-week high of USD 22.27. The combination of a revenue beat, an adjusted EPS miss and a reduced analyst target keeps the turnaround tied to measurable improvement in Vans and profitability.

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