American Eagle shares soar on holiday cheer and raised outlook

American Eagle Outfitters

03/12/2025 09:18

** Shares of global specialty retailer American Eagle Outfitters AEO.N up 12.1% at $23.35 premarket

** Co lifts its annual comparable sales forecast to low single-digit growth, citing marketing-driven holiday demand for apparel and accessories, up from a prior flat outlook

** J.P. Morgan notes sequential improvement at AEO's brand and strong Aerie trends, with November comps above 20%; upgrades stock to Neutral, PT $20

** Barclays says high-profile collaborations and increased marketing spend are driving traffic and conversion, but warns that sustaining momentum into 2026 could be challenging

** Co sees current-quarter comparable sales rising between 8% and 9%, compared with analysts' estimates of a 2.2% rise

** Stock rated "Hold" on average; median PT is $18, per data compiled by LSEG

** Stock up ~25% YTD

(Reporting by Rashika Singh in Bengaluru)

((Rashika.Singh@thomsonreuters.com;))