DA Davidson Maintains Buy Rating on DKS with Lower Price Target | DKS Stock News

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May 29, 2025
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On May 29, 2025, DA Davidson, through its analyst Michael Baker, announced a change in their price target for Dick's Sporting Goods (DKS, Financial). The investment firm has decided to maintain their "Buy" rating on the stock.

However, the firm has adjusted the price target for (DKS, Financial) from $273.00 USD to a new target of $230.00 USD. This revised price target reflects a decrease of approximately 15.75% compared to the prior target.

This adjustment by DA Davidson comes as part of their ongoing evaluation of (DKS, Financial) and its market performance, ensuring that investors have up-to-date guidance on the company's stock metrics.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 19 analysts, the average target price for Dick's Sporting Goods Inc (DKS, Financial) is $214.38 with a high estimate of $270.00 and a low estimate of $157.21. The average target implies an upside of 19.59% from the current price of $179.26. More detailed estimate data can be found on the Dick's Sporting Goods Inc (DKS) Forecast page.

Based on the consensus recommendation from 27 brokerage firms, Dick's Sporting Goods Inc's (DKS, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Dick's Sporting Goods Inc (DKS, Financial) in one year is $183.82, suggesting a upside of 2.54% from the current price of $179.26. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dick's Sporting Goods Inc (DKS) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.