DICK’S Sporting Goods (NYSE:DKS) Given New $200.00 Price Target at Bank of America

DICK’S Sporting Goods (NYSE:DKS) had its target price cut by Bank of America from $245.00 to $200.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the sporting goods retailer’s stock. Bank of America‘s target price would suggest a potential upside of 55.68% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. Oppenheimer cut their target price on shares of DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday. Robert W. Baird decreased their target price on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday. BNP Paribas Exane reissued an “underperform” rating and set a $99.00 price target on shares of DICK’S Sporting Goods in a report on Wednesday. JPMorgan Chase & Co. dropped their target price on DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, Weiss Ratings downgraded shares of DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, DICK’S Sporting Goods has an average rating of “Moderate Buy” and a consensus price target of $180.06.

DICK’S Sporting Goods Trading Up 3.3%

Shares of DKS traded up $4.16 during mid-day trading on Wednesday, reaching $128.47. The company’s stock had a trading volume of 10,734,417 shares, compared to its average volume of 1,535,939. 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 cap of $11.50 billion, a PE ratio of 12.21, a P/E/G ratio of 1.56 and a beta of 1.21. The company’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 52 week low of $120.40 and a 52 week high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) 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 the consensus estimate of $5.64 billion. During the same period last year, the business posted $4.38 earnings per share. The firm’s quarterly revenue 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 predict that DICK’S Sporting Goods will post 14.24 earnings per share for the current fiscal year.

Institutional Trading of DICK’S Sporting Goods

Large investors have recently made changes to their positions in the business. Brown Financial Advisors purchased a new stake in DICK’S Sporting Goods during the second quarter valued at approximately $201,000. HighTower Advisors LLC increased its position in shares of DICK’S Sporting Goods by 34.7% during the 2nd quarter. HighTower Advisors LLC now owns 275,886 shares of the sporting goods retailer’s stock valued at $62,574,000 after purchasing an additional 71,001 shares during the last quarter. California State Teachers Retirement System raised its holdings in DICK’S Sporting Goods by 20,961.0% during the 2nd quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock valued at $3,601,355,000 after buying an additional 15,802,896 shares during the period. Alan B Lancz & Associates Inc. bought a new stake in DICK’S Sporting Goods in the second quarter worth $227,000. Finally, HB Wealth Management LLC boosted its stake in DICK’S Sporting Goods by 24.8% during the second quarter. HB Wealth Management LLC now owns 2,064 shares of the sporting goods retailer’s stock worth $468,000 after buying an additional 410 shares during the period. 89.83% of the stock is currently owned by institutional investors.

DICK’S Sporting Goods News Roundup

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

• Positive Sentiment: DA Davidson maintained a “buy” rating and set a $205 price target, implying substantial upside from recent levels despite lowering its previous target. DA Davidson price target report
• Positive Sentiment: BTIG Research also retained a “buy” rating, with a revised $180 target, suggesting analysts see long-term value after the stock’s historic post-earnings decline. BTIG Research price target report
• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad category strength, higher transactions and average ticket, and demand related to the 2026 FIFA World Cup. DICK’S second-quarter results
• Positive Sentiment: DICK’S maintained its quarterly dividend of $1.25 per share, supporting the stock’s income appeal following the sharp selloff.
• Neutral Sentiment: Wednesday’s trading suggested some investors may believe sellers have capitulated after the record one-day collapse, although the stock remained volatile and well below prior highs. Stock of the Day: Did the Sellers Capitulate?
• Neutral Sentiment: JPMorgan also lowered its price target to $245, reflecting broader analyst caution even as the target remains above the current share price. JPMorgan lowers DKS price target
• Negative Sentiment: Second-quarter adjusted EPS of $3.53 and revenue of $5.59 billion missed expectations, while EPS declined from $4.38 a year earlier. DICK’S earnings report
• Negative Sentiment: Management cut fiscal 2026 EPS guidance to $11–$12 from a consensus near $14.54 and lowered operating-income and comparable-sales expectations for Foot Locker.
• Negative Sentiment: Foot Locker’s pro forma comparable sales fell 3.6%, as intensified promotions and weak athletic-footwear demand pressured margins and obscured the stronger legacy DICK’S business. DICK’S core business and Foot Locker report
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the collapse, adding headline and litigation risk, although such announcements do not establish wrongdoing.

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.