SFIX - Stitch Fix Stock Flashes Bullish Technical Indicators Ahead Of Q3 Earnings | Benzinga
Stitch Fix Inc (NASDAQ:SFIX) will be reporting its third-quarter earnings on Tuesday. Wall Street expects -23 cents in EPS and $306.12 million in revenues as the company reports after market hours.
The stock is down 24.89% over the past year, and has dropped 27.73% YTD. Stitch Fix is a personalized clothing company that combines expert stylists with data science to provide online personal styling services to clients across the US.
Stitch Fix has been able to maintain steady growth in a competitive apparel industry market. Despite some fluctuations in stock prices, investors in the apparel sector have shown confidence in Stitch Fix, with Charles Schwab Investment Management Inc. increasing its stake in the company.
Telsey Advisory Group also maintains a positive outlook on Stitch Fix, with an optimistic price target indicating potential growth in the future. The company has a $4 price target for SFIX stock, indicating a potential upside of 76.21%.
Let’s look at what the charts indicate ...