Apparel retailer American Eagle Outfitters Inc (AEO  ) wants to show a rebound in financials to get shares back to 2026 highs. The company will report second-quarter financial results Wednesday after market close.

Here are the earnings estimates, analyst ratings and key items to watch:

American Eagle Q2 Earnings Estimates

Analysts expect American Eagle to report second-quarter revenue of $1.37 billion, up from $1.28 billion in last year's second quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in four straight quarters and in six of the past 10 quarters overall.

Analysts expect American Eagle to report second-quarter earnings of 22 cents per share, down from 45 cents per share in last year's second quarter.

The company has beaten analyst estimates for earnings per share in four straight quarters and in eight of the past 10 quarters.

American Eagle Analyst Ratings

Here are some of the most recent analyst ratings on American Eagle stock and their price targets:

  • JPMorgan: Maintained Neutral rating, raised price target from $19 to $21
  • Bank of America Securities: Reiterates Underperform rating with a price target of $16
Key Items to Watch

It's been a mixed year for American Eagle, which is one of the key players in teen and young adult apparel. The stock hit new five-year highs back in December with a key rally, as well as a rally in April 2026.

Some of the reason for the rally was a new advertising campaign with actress Sydney Sweeney. A partnership with Sweeney continues with new merchandise launched in April that could contribute to second-quarter strength, with the quarter beginning on May 3.

Also likely being a factor in the second quarter is American Eagle's partnership with country superstar Ella Langley. The country star partnered with American Eagle for spring and summer collections.

Langley set records this year with her new album and single "Choosin' Texas," which spent 20 straight non-holiday weeks at number one on the Billboard Hot 100.

Also potentially helping American Eagle in the quarter is the retailer's merchandise for "Off Campus," a hit series on Amazon.com Inc (AMZN  ) streaming platform Prime Video. The series had the third-largest debut on the platform ever and holds some of the strongest ratings in the 18-34 demographic, which is also a key for the retailer.

Investors looking towards American Eagle's potential summer earnings strength may want to take a look at the recent results from Abercrombie & Fitch Co. (ANF  ), a peer in the teen and young adult apparel retail sector.

The retailer's second quarter, which included the months of June, July and August, saw revenue and earnings per share that beat analyst estimates. The company also raised its full-year outlook after the quarterly results.

That report may signal strength for the sector and put pressure on American Eagle to report a strong quarterly result and raise guidance.

American Eagle shares fell after the last quarterly results. The company posted a double beat in the first quarter, but higher inventory and a comp decline for the American Eagle brand sent shares lower.

American Eagle Stock Price Action

American Eagle stock is down 1.24% to $17.18 on Tuesday versus a 52-week trading range of $14.06 to $28.46. American Eagle shares are down 35.1% year-to-date in 2026 and down around 40% from their 52-week high.