DA Davidson Cuts DICK’S Sporting Goods (NYSE:DKS) Price Target to $205.00

DICK’S Sporting Goods (NYSE:DKS) had its target price decreased by stock analysts at DA Davidson from $260.00 to $205.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the sporting goods retailer’s stock. DA Davidson’s target price suggests a potential upside of 68.04% from the company’s previous close.

DKS has been the topic of several other research reports. Morgan Stanley upped their target price on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Wells Fargo & Company reduced their target price on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday. BTIG Research cut their price target on DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating for the company in a report on Wednesday. The Goldman Sachs Group set a $170.00 price target on DICK’S Sporting Goods in a research note on Wednesday. Finally, Guggenheim reissued a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $194.95.

DICK’S Sporting Goods Stock Down 1.9%

DKS opened at $122.00 on Wednesday. The company has a market capitalization of $10.92 billion, a P/E ratio of 11.57, a P/E/G ratio of 1.56 and a beta of 1.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38. The firm’s fifty day moving average price is $211.11 and its two-hundred day moving average price is $210.64. DICK’S Sporting Goods has a fifty-two week low of $121.90 and a fifty-two week high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.22). DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The company had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the firm posted $4.38 earnings per share. The firm’s revenue for the quarter was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, analysts anticipate that DICK’S Sporting Goods will post 14.24 EPS for the current year.

Hedge Funds Weigh In On DICK’S Sporting Goods

Large investors have recently bought and sold shares of the stock. Lido Advisors LLC raised its position in shares of DICK’S Sporting Goods by 3.9% in the 3rd quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock worth $302,000 after acquiring an additional 51 shares in the last quarter. Jacobi Capital Management LLC grew its holdings in DICK’S Sporting Goods by 4.5% in the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after purchasing an additional 51 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in shares of DICK’S Sporting Goods by 2.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock valued at $453,000 after buying an additional 54 shares during the period. Parallel Advisors LLC increased its position in DICK’S Sporting Goods by 5.9% in the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after buying an additional 55 shares in the last quarter. Finally, PCB Capital LLC raised its stake in DICK’S Sporting Goods by 1.5% during the 1st quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock worth $715,000 after buying an additional 55 shares during the period. Hedge funds and other institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods News Summary

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category performance, higher transactions and average ticket, and demand associated with the 2026 FIFA World Cup. Management maintained its core-business comparable-sales outlook at 2.5% to 4.0% growth. DICK’S Sporting Goods, Inc. Reports Second Quarter Results
• Positive Sentiment: Despite lowering estimates, BTIG Research retained a “buy” rating and set a $180 price target, while JPMorgan maintained an “overweight” rating with a $245 target. These targets imply substantial potential upside if the Foot Locker integration and industry conditions improve. Analyst Price Target Updates
• Positive Sentiment: DICK’S maintained its quarterly dividend of $1.25 per share, with a September 11 ex-dividend date and September 25 payment date, providing income support for shareholders.
• Neutral Sentiment: Some commentators, including Jim Cramer, argue that the core retail business remains healthy and that the selloff could create a longer-term opportunity, but this view depends on management stabilizing Foot Locker and restoring margins. Jim Cramer’s Advice on DICK’S Sporting Goods
• Neutral Sentiment: Unusually high call-option activity and multiple analyst reviews indicate elevated investor interest and volatility, but they do not establish a clear direction for the stock.
• Negative Sentiment: Second-quarter adjusted EPS was $3.53, below the roughly $3.75 consensus estimate, while revenue of $5.59 billion also missed expectations. EPS declined from $4.38 a year earlier, despite revenue growth partly boosted by the Foot Locker acquisition.
• Negative Sentiment: Management cut fiscal 2026 EPS guidance to $11.00–$12.00 from a level consistent with analyst expectations near $14.54. It also reduced operating-income expectations and lowered Foot Locker pro forma comparable-sales guidance to negative 2.0% to 0.0%.
• Negative Sentiment: Foot Locker’s pro forma comparable sales fell 3.6% as heavy discounting and intensified competition pressured demand and profitability. Investors are concerned that the $2.4 billion acquisition will require a longer and more costly turnaround. DICK’S Sporting Goods and Foot Locker
• Negative Sentiment: Several law firms announced investigations following the selloff. These announcements are not findings of wrongdoing, but they add headline and potential litigation risk.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.