DICK’S Sporting Goods (NYSE:DKS) Upgraded at JPMorgan Chase & Co.

Posted by Nicole Kennedy on May 28th, 2026

DICK’S Sporting Goods (NYSE:DKS – Get Free Report) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Thursday. The brokerage presently has a $270.00 price objective on the sporting goods retailer’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 23.76% from the company’s current price.

DKS has been the subject of a number of other research reports. Telsey Advisory Group boosted their price target on DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. Morgan Stanley upped their target price on DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday. Truist Financial set a $270.00 target price on DICK’S Sporting Goods in a research report on Wednesday. Jefferies Financial Group upped their target price on DICK’S Sporting Goods from $210.00 to $224.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, UBS Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, DICK’S Sporting Goods presently has an average rating of “Moderate Buy” and an average target price of $252.78.

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DICK’S Sporting Goods Price Performance

DKS stock opened at $218.16 on Thursday. The stock has a 50-day moving average price of $212.20 and a two-hundred day moving average price of $209.66. DICK’S Sporting Goods has a 12-month low of $170.73 and a 12-month high of $237.75. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. The company has a market cap of $19.43 billion, a PE ratio of 21.35, a price-to-earnings-growth ratio of 3.31 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The firm had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period last year, the firm posted $3.37 EPS. DICK’S Sporting Goods’s revenue was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, research analysts predict that DICK’S Sporting Goods will post 14.28 EPS for the current year.

Insider Activity at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president owned 24,757 shares in the company, valued at $5,534,674.92. This represents a 14.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Edward W. Stack sold 210,478 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total value of $41,609,395.82. Following the sale, the chairman owned 6,549,026 shares in the company, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 28.91% of the company’s stock.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clearstead Advisors LLC grew its holdings in DICK’S Sporting Goods by 46.9% in the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after buying an additional 46 shares in the last quarter. Jacobi Capital Management LLC grew its holdings in DICK’S Sporting Goods by 4.5% in the 4th quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after buying an additional 51 shares in the last quarter. Lido Advisors LLC grew its holdings in 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 buying an additional 51 shares in the last quarter. Bath Savings Trust Co grew its holdings in DICK’S Sporting Goods by 0.4% in the 4th quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer’s stock worth $2,448,000 after buying an additional 53 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in DICK’S Sporting Goods by 0.3% in the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 16,458 shares of the sporting goods retailer’s stock worth $3,258,000 after buying an additional 54 shares in the last quarter. 89.83% of the stock is owned by institutional investors.

Trending Headlines about DICK’S Sporting Goods

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

Positive Sentiment: Q1 revenue beat estimates at $5.16 billion and comparable sales rose 6.0%, showing solid underlying demand. DICK’S Sporting Goods, Inc. Reports First Quarter Results
Positive Sentiment: Management lifted the low end of its comparable sales outlook for both the DICK’S and Foot Locker businesses, signaling confidence in momentum heading into the rest of the year. DKS Lifts Its Comps Outlook During Q1 Earnings Call on Core Strength
Positive Sentiment: Jefferies raised its price target to $224 from $210, implying some upside from the recent trading level, even while keeping a Hold rating. Jefferies price target update
Positive Sentiment: The company announced a quarterly dividend of $1.25 per share, which can support investor sentiment around capital returns. Dividend announcement
Neutral Sentiment: Foot Locker’s turnaround is gaining traction, with Fast Break remodels reportedly driving double-digit comps, but the acquisition is also adding complexity to the earnings picture. Foot Locker returns to growth but weighs on Dick’s Sporting Goods as earnings miss
Negative Sentiment: Adjusted EPS of $2.90 missed the $2.91 consensus estimate, and full-year GAAP EPS guidance was cut to $13.27-$14.27 from $13.70-$14.70, which is likely weighing on the stock. DICK’S Sporting Goods, Inc. Reports First Quarter Results

About DICK’S Sporting Goods

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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.