Mizuho upgrades Stitch Fix to Neutral after 17.7% share drop amid cautious 2027 outlook.

Mizuho Securities upgraded Stitch Fix's rating to Neutral with a $2.50 price target after the stock fell 17.7% following its Q4 earnings report. Despite reporting a narrower-than-expected loss and 4.2% revenue growth, concerns remain due to a cautious fiscal 2027 revenue outlook of $1.31-$1.36 billion and a 1.4% decline in active clients. The challenging consumer environment and higher client acquisition costs are key factors behind slower growth projections. The upgrade reflects Mizuho's view that the stock is now fairly valued at around $2.47 per share.

Stitch Fix (SFIX) trades at USD 2.46 on Pluang as of Sep 29, 2026 21:36 WIB, down slightly by 0.20% in the last day. The stock's market cap stands at $330.00 million with a 52-week low of $2.16 and a high of $5.64. This trading activity occurs alongside Mizuho's recent upgrade to Neutral, reflecting a cautious but stabilized view of the stock's valuation.