Gildan Activewear, Inc. (NYSE:GIL) Stock Has Consensus Target Price of $73.58

Shares of Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) have been assigned an average rating of “Moderate Buy” from the fourteen analysts that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $70.36.

GIL has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Gildan Activewear in a report on Thursday, August 13th. UBS Group dropped their price target on Gildan Activewear from $111.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, October 15th. Scotiabank restated a “sector outperform” rating and set a $67.00 price objective (up from $65.00) on shares of Gildan Activewear in a research note on Friday, July 31st. TD decreased their price objective on shares of Gildan Activewear from $80.00 to $54.00 and set a “buy” rating for the company in a report on Thursday, September 24th. Finally, Scotia boosted their target price on shares of Gildan Activewear from $65.00 to $67.00 and gave the company a “sector outperform” rating in a research note on Friday, July 31st.

Key Gildan Activewear News

Here are the key news stories impacting Gildan Activewear this week:

• Neutral Sentiment: The lawsuit covers investors who purchased Gildan securities between February 19, 2025, and June 15, 2026. Investors have until December 14, 2026, to seek appointment as lead plaintiff. The announcements are procedural and do not establish that Gildan committed wrongdoing. Deadline Alert article
• Negative Sentiment: Complaints allege that Gildan and certain executives inflated revenue through distributor “channel stuffing,” allegedly pulling roughly $500 million of revenue forward, masking weak organic demand, and overstating organic growth and internal-control effectiveness. The allegations could raise concerns about revenue quality, potential restatements, management credibility, litigation costs, and additional regulatory scrutiny. Hagens Berman investor alert Bleichmar Fonti class action article

Gildan Activewear Stock Performance

Shares of Gildan Activewear stock opened at $40.09 on Wednesday. The firm’s 50-day simple moving average is $46.37 and its 200-day simple moving average is $56.12. Gildan Activewear has a 1 year low of $39.73 and a 1 year high of $73.69.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $1.28 EPS for the quarter, topping the consensus estimate of $1.11 by $0.17. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.61 billion. The business’s revenue for the quarter was up 72.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.97 EPS. As a group, equities research analysts expect that Gildan Activewear will post 4.67 earnings per share for the current year.

Institutional Investors Weigh In On Gildan Activewear

A number of institutional investors have recently modified their holdings of the business. Bank of America Corp DE acquired a new position in Gildan Activewear during the 2nd quarter worth $65,193,000. Nykredit A S bought a new position in shares of Gildan Activewear in the second quarter worth $2,389,000. VELA Investment Management LLC increased its holdings in shares of Gildan Activewear by 42.5% during the second quarter. VELA Investment Management LLC now owns 107,941 shares of the textile maker’s stock valued at $5,570,000 after purchasing an additional 32,171 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Gildan Activewear during the second quarter valued at about $11,651,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Gildan Activewear during the second quarter valued at about $234,764,000. Institutional investors own 82.83% of the company’s stock.

Gildan Activewear Company Profile

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.