Gap (MEX:GAP1) Shares Outstanding (Basic Average): 367 Mil (As of Apr. 2026)


MEX:GAP1 Gap Inc MEX:GAP1
65 GF Score
Price MXN379.33
GF Value MXN396.38
Valuation Fairly Valued
! 3 Warning Signs
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What is Gap Shares Outstanding (Basic Average)?

Gap MEX:GAP1 65 Shares Outstanding (Basic Average) is 367 Mil as of Apr. 2026. GuruFocus rates MEX:GAP1 with a GF Score™ of 65/100 and a GF Value™ of MXN396.38 (Fairly Valued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Gap's average basic shares outstanding for the quarter that ended in Apr. 2026 was 367 Mil.

Gap  (MEX:GAP1) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Gap Shares Outstanding (Basic Average) Related Terms

Gap Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Gap's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gap Shares Outstanding (Basic Average) Chart

Gap Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 376.00 367.00 370.00 376.00 373.00

Gap Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 375.00 373.00 372.00 373.00 367.00
MEX:GAP1
65GF Score
Gap Inc MEX:GAP1
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Gap Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 367 Mil mean?
Gap (MEX:GAP1) has a Shares Outstanding (Basic Average) of 367 Mil as of Apr. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Gap and its competitors.
Is Gap's Shares Outstanding (Basic Average) too high?
Gap's current Shares Outstanding (Basic Average) is 367 Mil. Overall, Gap has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gap's Shares Outstanding (Basic Average) compare to URBN and BOOT?
Gap's Shares Outstanding (Basic Average) of 367 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Retail - Cyclical company?
A good Shares Outstanding (Basic Average) depends on the Retail - Cyclical industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Gap and its competitors. Gap's current Shares Outstanding (Basic Average) is 367 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gap stock overvalued right now?
Based on GuruFocus' analysis, Gap (MEX:GAP1) is currently considered Fairly Valued. The stock's GF Value™ is MXN396.38, compared to a current price of MXN379.33 — trading 4.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 367 Mil. Gap's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Gap (MEX:GAP1), the current Shares Outstanding (Basic Average) is 367 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gap (MEX:GAP1) Overvalued in 2026?

Based on GuruFocus' analysis, Gap stock appears to be undervalued. The current stock price of MXN379.33 is trading 4.3% below its estimated GF Value™ of MXN396.38. GuruFocus considers Gap to be Fairly Valued.

Key valuation signals for MEX:GAP1:

  • Shares Outstanding (Basic Average): 367 Mil
  • GF Value™: MXN396.38 vs. price of MXN379.33 (4.3% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the MEX:GAP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gap Business Description

Address Two Folsom Street, San Francisco, CA, USA, 94105
Gap retails apparel, accessories, footwear, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,500 stores in North America, Europe, and Asia and franchises about 1,000 more in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.
65GF Score

Get the complete analysis for MEX:GAP1

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN379.33
Price
MXN396.38
GF Value