DICK'S Sporting Goods Rated Buy by UBS After Acquisition News

By Sheryar Siddiq | July 04, 2025, 3:22 AM

DICK’S Sporting Goods, Inc. (NYSE:DKS) ranks among the best cyclical stocks to buy now. On June 27, despite market concerns, UBS maintained its Buy rating and $225 price target on DICK’S Sporting Goods, Inc. (NYSE:DKS), noting substantial upside potential.

DICK’S Sporting Goods Rated Buy by UBS After Acquisition News

The investment firm believes the market has priced in too much downside risk for the sporting goods retailer, especially with regard to its acquisition of Foot Locker, which UBS admits raises uncertainty but also presents opportunities for value creation that aren’t fully reflected in the share price at the moment.

Based on a cautious multiple of 13x compared to DICK’s five-year mean forward price-to-earnings ratio of 12x, and combined company earnings per share of roughly $19 in 2027, UBS estimates around 31% upside potential from the current $196 share price.

Founded in 1948, DICK’S Sporting Goods, Inc. (NYSE:DKS) is a Pennsylvania-based sporting goods retailer that offers golf equipment, hunting and fishing gear, fitness equipment, and athletic clothing and accessories.

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Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.

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