Gap Gets a Downgrade on Worries About Its Old Navy Brand. The Stock Is Sliding

Investopedia Markets News (all except PF) · Aug 12, 2026

Analysts cited weak sales at Old Navy as a reason for downgrading Gap stock.Credit: Michael Nagle / Bloomberg via Getty ImagesKey TakeawaysJefferies on Wednesday downgraded Gap stock to “hold,” citing concerns about weakness at Old Navy.Gap’s second-quarter earnings report due on Aug. 27 could offer investors more insights into brand performance.Gap’s turnaround effort may be progressing at its namesake stores, but worries about weakness at Old Navy have one group of analysts downgrading the stock.Jefferies analysts on Wednesday cut their rating of Gap (GAP) stock to “hold” from “buy,” and…