DICK’S Sporting Goods (NYSE:DKS) Price Target Cut to $180.00 by Analysts at BTIG Research

DICK’S Sporting Goods (NYSE:DKS) had its price objective dropped by analysts at BTIG Research from $300.00 to $180.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the sporting goods retailer’s stock. BTIG Research’s price objective would suggest a potential upside of 44.80% from the stock’s previous close.

Several other analysts have also recently weighed in on DKS. KGI Securities cut DICK’S Sporting Goods to a “neutral” rating and set a $135.10 price target on the stock. in a report on Wednesday. DA Davidson reiterated a “buy” rating and issued a $260.00 price objective on shares of DICK’S Sporting Goods in a report on Monday, August 17th. Telsey Advisory Group downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Truist Financial boosted their target price on shares of DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Finally, Weiss Ratings downgraded shares of DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $204.34.

DICK’S Sporting Goods Stock Down 30.7%

DKS stock opened at $124.31 on Wednesday. The firm has a 50-day moving average price of $211.11 and a 200-day moving average price of $210.64. DICK’S Sporting Goods has a 12 month low of $124.00 and a 12 month high of $244.38. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $11.13 billion, a P/E ratio of 11.82, a price-to-earnings-growth ratio of 1.56 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results 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). The company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The business’s quarterly revenue was up 53.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities research analysts anticipate that DICK’S Sporting Goods will post 14.24 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DKS. Harbor Investment Advisory LLC bought a new stake in DICK’S Sporting Goods in the first quarter worth approximately $30,000. Laurel Wealth Advisors LLC bought a new position in shares of DICK’S Sporting Goods during the 4th quarter worth approximately $34,000. Elyxium Wealth LLC bought a new position in shares of DICK’S Sporting Goods during the 4th quarter worth approximately $35,000. SHP Wealth Management acquired a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth approximately $38,000. Finally, Torren Management LLC acquired a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth approximately $41,000. 89.83% of the stock is owned by institutional investors and hedge funds.

More DICK’S Sporting Goods News

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

• Positive Sentiment: DICK’S core business remained resilient, delivering 4.9% comparable-sales growth through broad-based category gains, higher transactions and average ticket, and benefits from 2026 FIFA World Cup demand. Management maintained its 2026 comparable-sales outlook for the legacy DICK’S business at 2.5% to 4.0%. DICK’S Sporting Goods Second Quarter Results
• Positive Sentiment: The company maintained its quarterly dividend of $1.25 per share, supporting an annualized yield of approximately 4% based on the provided stock price. DICK’S Sporting Goods Dividend Announcement
• Positive Sentiment: Some analysts and market commentators view the selloff as potentially creating a more attractive long-term entry point because the core DICK’S business is still growing and the company retains a “Moderate Buy” consensus. JPMorgan lowered its price target to $245 but retained an Overweight rating. DICK’S Faces Pain Now for a Bigger Prize
• Neutral Sentiment: Unusually high options activity, including a sharp increase in call-option volume, indicates elevated trading interest and volatility but does not establish a clear directional outlook. Unusually High Options Trading
• Negative Sentiment: Second-quarter adjusted EPS was $3.53 versus the $3.75 consensus estimate, while revenue of $5.59 billion also missed expectations of $5.64 billion. EPS fell from $4.38 a year earlier despite revenue increasing 53.2%, partly reflecting 9.6 million shares issued for the Foot Locker acquisition. DICK’S Misses Revenue Expectations
• Negative Sentiment: Foot Locker’s pro forma comparable sales fell 3.6%. Increased promotional activity and discounting in athletic footwear pressured margins and made the $2.4 billion acquisition appear more difficult to integrate than investors expected. Core Business Grows but Foot Locker Losses Weigh
• Negative Sentiment: DICK’S cut fiscal 2026 EPS guidance to $11.00–$12.00 from a level near analyst expectations of approximately $14.54, and lowered operating-income expectations for both businesses. The Foot Locker comparable-sales outlook was reduced to negative 2.0% to 0.0%, citing a challenging athletic marketplace. DICK’S Cuts Annual Forecasts
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the stock’s collapse. These announcements are generally reactive and do not represent findings of wrongdoing, but they add reputational and litigation overhang. DKS Securities Investigation Notice

About DICK’S Sporting Goods

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.