Few stocks, let alone retail names, have enjoyed a run quite like Abercrombie & Fitch Co. (NYSE: ANF) over the past few months. Since the back end of May, shares have more than doubled, powering up to their highest level since January 2025 and all but erasing the brutal 60% sell-off that did so much damage last year. It has been an impressive recovery, and the momentum shows little sign of letting up.
The latest fuel came from two sources in quick succession: a record set of quarterly results last week, then a fresh analyst upgrade this week that reckons the good times are far from over. Together, they are the clearest signal yet that this lifestyle retailer may have further to climb.
