Analysts have raised their price targets for DICK'S Sporting Goods to $224.37, citing expectations for resilient earnings growth and outperformance versus weaker sector peers, though some remain cautious due to industry challenges.
Analyst Commentary
- Bullish analysts cited expectations for solid earnings growth in 2025 and accelerated growth in 2026.
- Strengths of Dick's Sporting Goods as a standalone business were emphasized, despite sector headwinds from weaker peers like Foot Locker.
- Sales and earnings growth may be somewhat tempered in the medium term, reflecting broader industry challenges.
- Price target increases reflect confidence in the company's performance resilience relative to industry softness.
- Some analysts raising price targets maintained more cautious "Hold" ratings, signaling improvement but not enough for full bullish conviction.
What's in the News
- Senator Elizabeth Warren has urged the FTC and DOJ to consider blocking DICK'S Sporting Goods' proposed $2.4 billion acquisition of Foot Locker due to concerns over potential job losses, higher prices, and reduced competition, suggesting the tie-up could create a sneaker duopoly (CNBC).
- DICK'S Sporting Goods has been dropped from multiple growth-oriented Russell indexes, including the Russell 1000, 2500, 3000, Midcap, and Small Cap Growth benchmarks as of late June 2025 (Key Developments).
- The company announced a multi-year partnership extension with the WNBA through the 2028 season, expanding support for women’s basketball, youth initiatives, and the Jr. WNBA, and enhancing jersey and product availability across all WNBA markets (Key Developments).
- DICK'S has expanded its e-commerce reach through a new partnership with Uber Eats, allowing on-demand or scheduled delivery of sporting goods and golf equipment from over 800 locations nationwide (Key Developments).
- The company officially launched Cookie Jar & A Dream Studios, its new in-house content production division, aiming to deliver impactful sports stories, and announced the premiere of a new Little League World Series documentary in partnership with Imagine Entertainment and MLB Studios (Key Developments).
Valuation Changes
Summary of Valuation Changes for DICK'S Sporting Goods
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $220.42 to $224.37.
- The Future P/E for DICK'S Sporting Goods remained effectively unchanged, moving only marginally from 16.58x to 16.86x.
- The Consensus Revenue Growth forecasts for DICK'S Sporting Goods remained effectively unchanged, at 3.5% per annum.
Disclaimer
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