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Stitch Fix Q3 EPS $(0.01) Beats $(0.06) Estimate, Sales $340.277M Beat $331.430M Estimate
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Why Stitch Fix Stock Surged Today
Stitch Fix stock surged 16.67% after delivering better-than-expected Q3 fiscal 2026 results. Revenue rose 4.7% YoY to $340M, net revenue per active client climbed 6.6% to $578, and the company narrowed net losses to $1.5M. With improved cash generation and a debt-free balance sheet of $229M, Stitch Fix is conducting stock buybacks and projecting full-year revenue of $1.35B with positive free cash flow.
Stitch Fix shares are trading higher after UBS analyst raised its price target on the stock from $4 to $4.5.
UBS Maintains Neutral on Stitch Fix, Raises Price Target to $4.5
UBS analyst Jay Sole maintains Stitch Fix (NASDAQ:SFIX) with a Neutral and raises the price target from $4 to $4.5.