These Analysts Cut Their Forecasts On Dick's Sporting Following Q4 Earnings

Dick’s Sporting Goods, Inc. (NYSE:DKS) on Thursday reported better-than-expected fourth-quarter financial results and issued FY26 sales guidance above estimates. The company reported fourth-quarter adjusted earnings per share of $3.45, beating the analyst consensus estimate of $2.87. Quarterly sales of $6.226 billion (+59.9% year-over-year) outpaced the Street view of $6.069 billion. Dick's sees 2026 adjusted EPS of $13.50-$14.50 versus $14.67 estimate. The company expects 2026 sales of $22.10 billion to $22.40 billion versus an estimate of $21.98 billion. Dick's expects full-year 2026 comparable sales growth of 2% to 4% for the DICK'S business. It sees full-year 2026 pro forma comparable sales growth of 1% to 3% for the Foot Locker business. “2025 was another strong year for the DICK’S Business, with growth in comps and EPS exceeding our expectations. We’ve now owned the Foot Locker Business for about six months and our excitement and our conviction in the long‑term opportunity continue to grow. We’re very encouraged by what we’re seeing with our Fast Break initiative, the evolution of our 11-store Foot Locker pilot, which we plan to rapidly scale in 2026. In addition, our “clean out of the garage” efforts have set up Foot Locker to play offense and deliver the inflection point we expect beginning with back-to-school. We remain very confident that DICK’S and Foot Locker are stronger together, and I want to thank our more than 100,000 teammates across the globe for their commitment and execution every day,” said Ed Stack, Executive Chairman. Dick’s Sporting shares fell 2.8% to close at $192.16 on Friday. These analysts made changes to their price targets on Dick’s Sporting following earnings announcement. Wells Fargo analyst Ike Boruchow maintained Dick’s Sporting with an Equal-Weight rating and lowered the price target from $225 to $200. Morgan Stanley analyst Simeon Gutman maintained the stock with an Overweight rating and cut the price target from $260 to $250. Truist Securities analyst Joseph Civello maintained Dick’s Sporting with a Buy and lowered the price target from $275 to $252. Barclays analyst Adrienne Yih maintained the stock with an Overweight rating and raised the price target from $242 to $264. Telsey Advisory Group analyst Joseph Feldman maintained Dick’s Sporting with an Outperform rating and cut the price target from $245 to $240. Considering buying DKS stock? Here’s what analysts think: Photo via Shutterstock