DICK’S Sporting Goods (NYSE:DKS) Stock Rating Upgraded by Wall Street Zen

DICK’S Sporting Goods (NYSE:DKS) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other research analysts have also issued reports on DKS. Loop Capital restated a “hold” rating and set a $140.00 price objective on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. DA Davidson cut their target price on DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Robert W. Baird downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 price target for the company. in a report on Monday, September 14th. UBS Group lowered their price target on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, August 27th. Finally, JPMorgan Chase & Co. lowered their price target on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating for the company in a research report on Monday, August 24th. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $166.85.

DICK’S Sporting Goods Stock Performance

Shares of NYSE DKS opened at $144.26 on Friday. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The firm’s 50-day moving average price is $147.07 and its two-hundred day moving average price is $193.04. DICK’S Sporting Goods has a 52-week low of $120.15 and a 52-week high of $244.38. The stock has a market capitalization of $12.83 billion, a P/E ratio of 15.49, a P/E/G ratio of 2.74 and a beta of 1.09.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). The company had revenue of $5.59 billion for 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 period last year, the company posted $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts forecast that DICK’S Sporting Goods will post 11.69 earnings per share for the current year.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, Director Mark J. Barrenechea purchased 17,000 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was bought at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the acquisition, the director owned 25,977 shares of the company’s stock, valued at $3,395,713.44. The trade was a 189.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Larry Jr. Fitzgerald acquired 1,860 shares of DICK’S Sporting Goods stock in a transaction dated Wednesday, September 23rd. The shares were acquired at an average price of $131.67 per share, with a total value of $244,906.20. Following the transaction, the director owned 15,199 shares in the company, valued at approximately $2,001,252.33. This represents a 13.94% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have acquired 42,795 shares of company stock valued at $5,588,641. 28.91% of the stock is currently owned by insiders.

Institutional Trading of DICK’S Sporting Goods

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of DICK’S Sporting Goods in the 2nd quarter worth $1,501,321,000. Bank of America Corp DE acquired a new stake in shares of DICK’S Sporting Goods during the second quarter worth $1,024,000,000. Darsana Capital Partners LP raised its position in shares of DICK’S Sporting Goods by 9.1% during the second quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after purchasing an additional 125,000 shares during the period. Maverick Capital Ltd. lifted its holdings in shares of DICK’S Sporting Goods by 25.3% during 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 purchasing an additional 210,654 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of DICK’S Sporting Goods by 26.2% during the first quarter. Principal Financial Group Inc. now owns 634,874 shares of the sporting goods retailer’s stock valued at $125,889,000 after purchasing an additional 131,797 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors.

More DICK’S Sporting Goods News

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

• Positive Sentiment: DICK’S Sporting Goods announced a multi-year deal to serve as the official Knicks footwear retail partner. The agreement could increase brand visibility and support sales of team-related footwear and merchandise. DICK’S Sporting Goods Lands Multi-Year Knicks Footwear Retail Deal
• Positive Sentiment: The company and Foot Locker plan to hire more than 11,000 seasonal employees for the 2026 holiday season. The hiring plan suggests DKS is preparing for substantial holiday traffic and provides some evidence of confidence in seasonal demand, although it will also increase labor costs. DICK’S Sporting Goods to Hire Over 11,000 Seasonal Teammates
• Positive Sentiment: An investment analysis highlighted DKS’s planned expansion of its large-format House of Sport stores as a potential long-term growth driver. The concept could broaden product offerings and create more experiential shopping, though execution remains important. One Reason DICK’S Sporting Goods Is Worth a Second Look
• Neutral Sentiment: Multiple law firms reiterated that investors can seek appointment as lead plaintiff in a securities-fraud class action covering purchases from September 8, 2025, through August 24, 2026. The November 3, 2026 deadline is procedural and does not establish that DKS violated securities laws, but the repeated announcements keep legal risk in focus. Kaplan Fox Securities-Fraud Class Action Announcement
• Negative Sentiment: The lawsuit allegations center on statements about Foot Locker’s inventory quality and margin outlook before DKS reduced its Foot Locker sales outlook, after which shares fell sharply. The claims could create financial, reputational, and management-distraction risks if they proceed. SueWallSt DKS Class Action Reminder
• Negative Sentiment: Recent analysis also cited excess footwear inventory and difficulties integrating the Foot Locker acquisition. These issues could pressure markdowns, margins, and near-term earnings, helping explain why the stock remains well below its 52-week high despite its recent increase.

About DICK’S Sporting Goods

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and related 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 DICK’S Sporting Goods stores and digital platforms, offering products from major athletic brands as well as private-label merchandise. Its retail portfolio also includes specialized concepts such as Golf Galaxy, Public Lands and House of Sport, which provide more focused assortments and, in some locations, services and experiences tailored to particular sports and outdoor activities.

DICK’S traces its history to 1948, when Richard “Dick” Stack opened a fishing-tackle store in Binghamton, New York.