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

Equities research analysts at Wolfe Research initiated coverage on shares of DICK’S Sporting Goods (NYSE:DKS) in a report released on Wednesday, MarketBeat.com reports. The firm set an “outperform” rating on the sporting goods retailer’s stock.

A number of other equities analysts also recently weighed in on the stock. Zacks Research downgraded shares of DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 1st. KGI Securities lowered DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price objective 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 research note on Monday, September 14th. Wells Fargo & Company cut their target price on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 25th. Finally, Oppenheimer reduced their price objective on DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, DICK’S Sporting Goods presently has a consensus rating of “Hold” and a consensus target price of $167.53.

DICK’S Sporting Goods Stock Performance

Shares of DKS stock opened at $148.93 on Wednesday. DICK’S Sporting Goods has a one year low of $120.15 and a one year high of $244.38. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. The stock has a market cap of $13.24 billion, a PE ratio of 16.00, a price-to-earnings-growth ratio of 2.69 and a beta of 1.09. The stock has a 50-day moving average of $142.16 and a 200-day moving average of $191.66.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results 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). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the firm posted $4.38 earnings per share. The firm’s revenue was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts expect that DICK’S Sporting Goods will post 11.69 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Navdeep Gupta acquired 7,707 shares of DICK’S Sporting Goods stock in a transaction dated Tuesday, September 22nd. The stock was purchased at an average cost of $129.75 per share, with a total value of $999,983.25. Following the completion of the purchase, the executive vice president directly owned 86,580 shares in the company, valued at approximately $11,233,755. This trade represents a 9.77% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark J. Barrenechea bought 17,000 shares of the business’s stock in a transaction that occurred 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 completion of the purchase, the director directly owned 25,977 shares of the company’s stock, valued at $3,395,713.44. This represents a 189.37% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 42,795 shares of company stock worth $5,588,641 in the last three months. Corporate insiders own 28.91% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in DICK’S Sporting Goods during the 2nd quarter valued at $1,501,321,000. Bank of America Corp DE purchased a new stake in DICK’S Sporting Goods during the second quarter worth $1,024,000,000. Darsana Capital Partners LP grew its position in shares of DICK’S Sporting Goods by 9.1% in the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after buying an additional 125,000 shares during the last quarter. Maverick Capital Ltd. increased its position in DICK’S Sporting Goods by 25.3% during the 1st quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock valued at $207,194,000 after buying an additional 210,654 shares in the last quarter. Finally, Principal Financial Group Inc. grew 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 buying an additional 131,797 shares during the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Key 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.