DICK’S Sporting Goods (NYSE:DKS) Stock Picked Up by Analysts at Wolfe Research

Analysts at Wolfe Research assumed coverage on shares of DICK’S Sporting Goods (NYSE:DKS) in a report issued on Wednesday, MarketBeat Ratings reports. The firm set an “outperform” rating on the sporting goods retailer’s stock.

Several other research firms have also commented on DKS. Robert W. Baird lowered DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 price target for the company. in a research report on Monday, September 14th. Citigroup reduced their price objective on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday, August 27th. Loop Capital reiterated a “hold” rating and set a $140.00 price target on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. BTIG Research decreased their price target on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Finally, UBS Group decreased their price objective on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a research note on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $167.53.

DICK’S Sporting Goods Stock Up 4.9%

DKS stock opened at $148.93 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. DICK’S Sporting Goods has a fifty-two week low of $120.15 and a fifty-two week high of $244.38. The stock has a market capitalization of $13.24 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 2.69 and a beta of 1.09. The business’s fifty day moving average price is $142.16 and its two-hundred day moving average price is $191.66.

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 $3.74 by ($0.21). The business had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The firm’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, equities analysts anticipate that DICK’S Sporting Goods will post 11.69 earnings per share for the current year.

Insider Activity at DICK’S Sporting Goods

In other news, Director Mark Barrenechea bought 17,000 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were bought at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the transaction, the director directly owned 25,977 shares in the company, valued at approximately $3,395,713.44. This trade represents a 189.37% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Navdeep Gupta bought 7,707 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was purchased at an average price of $129.75 per share, for a total transaction of $999,983.25. Following the completion of the purchase, the executive vice president directly owned 86,580 shares in the company, valued at $11,233,755. The trade was a 9.77% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders acquired 42,795 shares of company stock worth $5,588,641. Insiders own 28.91% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several large investors have recently made changes to their positions in DKS. BlackRock Inc. bought a new position in shares of DICK’S Sporting Goods in the 2nd quarter valued at about $1,501,321,000. Bank of America Corp DE acquired a new stake in shares of DICK’S Sporting Goods in the 2nd quarter valued at about $1,024,000,000. Bank of New York Mellon Corp purchased a new position in DICK’S Sporting Goods during the 2nd quarter worth $128,943,000. Atreides Management LP bought a new stake in shares of DICK’S Sporting Goods in the 2nd quarter worth approximately $85,081,000. Finally, Maverick Capital Ltd. boosted its position in shares of DICK’S Sporting Goods by 25.3% in the first quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock valued at $207,194,000 after acquiring an additional 210,654 shares during the period. Institutional investors own 89.83% of the company’s stock.

More DICK’S Sporting Goods News

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

• Neutral Sentiment: Multiple firms, including Rosen Law Firm deadline notice Rosen Law Firm and Kaplan Fox deadline notice Kaplan Fox, reminded investors that November 3, 2026 is the deadline to seek lead-plaintiff status. These notices are primarily solicitations for shareholder participation and are not evidence that the allegations have been proven.
• Negative Sentiment: The underlying lawsuit alleges that DICK’S misled investors about the condition of Foot Locker after its acquisition, particularly by suggesting inventory and promotional problems had been resolved while the business allegedly remained burdened by stagnant legacy footwear. Levi and Korsinsky lawsuit notice
• Negative Sentiment: Several additional firms announced or promoted the same securities-fraud action covering investors who bought DKS shares from September 8, 2025 through August 24, 2026. If the claims advance, DICK’S could face litigation costs, management distraction, and potential damages, adding risk after the company’s recent quarterly earnings miss and lower year-over-year EPS.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and accessories. Its merchandise serves a broad range of sports and outdoor activities, including team sports, fitness, golf, running, hunting, fishing and camping.

The company operates through its namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.