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DKS
ACCE-researched

Dick's Sporting Goods Inc Common Stock (DKS) fair value

Consumer Cyclical · Specialty Retail · NYSE · United States
$144.67-2.76%
Market cap $14.7BNext earnings 2026-11-24Updated Oct 18, 2026
Add earnings to calendarGoogle
Our verdict
Trades 22% above our fair value
Price
$144.67
Model fair valueConfidence: good
$119
Model range
$60.88 to $206
Fair value $119
Price $145
5 models fit Dick's Sporting Goods Inc Common Stock and they disagree: 2 of 5 land within 15% of the average.
Two or more of our models back this value.
Premium(i)
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionDick's Sporting Goods Inc Common Stock (DKS)
Fair value (5 models)
$119
ACCE price target
$165
Rating
Overvalued
Horizon
12 months
Fair value published on 15 Oct 2026, 00:00 CEST; previously $136 since 11 Oct 2026, 00:00 CEST.
ACCE price target published on 18 Oct 2026, 01:52 CEST; previously $139 since 26 Sept 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 17:04 CEST.
Price used: $145 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, Dividend discount, EV/EBITDA comparison, Graham number, and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
22.0% above
-18.0% to fair value
ACCE score
54
out of 100
Analysts
48% buy
27 covering
P/E
15.4x
forward 11.4x
1-year return
-36.5%
Dividend yield
3.47%

Dick's Sporting Goods Inc Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Dick's Sporting Goods runs a large-format sporting goods chain, along with Golf Galaxy and the Foot Locker banner it acquired, selling athletic footwear, apparel, team sports equipment and outdoor gear across a store and online footprint. Its edge is scale in a category where specialty rivals have thinned out, and a loyalty base that buys repeatedly across footwear, team sports and outdoor. The reported revenue growth of 53.2% reflects the Foot Locker acquisition consolidating into the numbers, so the underlying organic trend is the figure to check before leaning on it. At 14.9 times trailing earnings and 10.5 times forward, the market is pricing a meaningful earnings step-down or skepticism about integration, which is worth testing against management's margin targets. With a 7.7% operating margin and 18.5% return on equity, the business is profitable but not a high-margin franchise, and the composite score of 54/100 suggests this is a name to examine closely rather than one that screens as clearly attractive.

AI-assisted·How I use AIWritten Oct 14, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • high
    Earnings collapse despite revenue surge
    Revenue up 53.2% YoY but earnings down 25.7%. Gross margin strong at 33.1%, but operating margin of 7.7% suggests cost structure or one-time charges are eroding profitability.
  • high
    ACCE score deterioration
    Score fell 15 points in 90 days (69 to 54). Momentum score collapsed to 17/100. Sequential revenue down 17.1% QoQ signals deceleration after the YoY spike.
  • moderate
    Elevated leverage with cyclical exposure
    Debt/Equity 1.40 in specialty retail, a consumer cyclical sector. High short interest (19.4%) and institutional ownership (106.2%) suggest crowded positioning and sentiment risk.

AI research notes

AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-07-31 · prices to Oct 23, 2026
Why it could do well
  • Revenue surged 53.2% year over year with free cash flow of $482M, showing strong operational execution.
  • Stock trades at 11.4x forward P/E, well below the 17.5x sector median, offering valuation upside.
  • ROE of 18.5% and 3.7% dividend yield reward shareholders while the company generates substantial cash.
Why it could disappoint
  • Net margin of 4.0% leaves minimal buffer against tariff or freight cost increases in a vulnerable supply chain.
  • Latest earnings missed consensus by 6.6%, signaling execution risk or demand softness ahead.
  • Debt to equity of 1.40 combined with 2.7% share dilution constrains financial flexibility and shareholder returns.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 24, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where DKS's valuation models land
Price
$144.67
Model fair value
$119
Model range
$60.88 to $206
Fair value $119
Price $145
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Mixed48% buy · 27 covering analysts
● Strong buy 9● Buy 4● Hold 12● Sell 1● Strong sell 1
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+0.2%
1 month
+9.3%
3 months
-29.8%
6 months
-36.0%
YTD
-26.9%
1 year
-36.5%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
18 Oct 2026, 17:04 CESTRatingOvervaluedfirst publication$144
18 Oct 2026, 01:52 CESTACCE price target$165$139$144
15 Oct 2026, 00:00 CESTFair value$118$136$138
11 Oct 2026, 00:00 CESTFair value$136$166$137
7 Oct 2026, 00:00 CESTFair value$166$168$137
4 Oct 2026, 00:00 CESTFair value$168$165$136
30 Sept 2026, 00:00 CESTFair value$165$168$134
26 Sept 2026, 00:00 CESTACCE price target$139first publication$136
26 Sept 2026, 00:00 CESTFair value$168$166$133
23 Sept 2026, 00:00 CESTFair value$166$177$124

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth64Value79Quality57Momentum17Total54
Valuation
Trailing P/E
15.4x
Forward P/E
11.4x
PEG
1.15
P/B
2.30x
EV / Revenue
1.0x
Book value/sh
$64.24
Enterprise value
$20.1B
Profitability
ROE
18.5%
FCF yield
3.44%
ROIC
5.2%
Health and risk
Debt / equity
1.40
Dividend yield
3.47%
Beta
1.10

Price

-35.8% · 1Y

Ask anything about DKS

Answered from Dick's Sporting Goods Inc Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 15.4x15.4xhigh 28.5x
ROEbetter than 20% of peers
low 16%18%high 86%
Div yieldbetter than 83% of peers
low 0.0%3.5%high 4.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
DKS Dick's Sporting Goods Inc Common Stock$144.67$11922% above15.4x18.5%5754
GME GameStop Corporation Common Stock$25.39$1934% above16.3x15.8%6959
FIVE Five Below Inc. Common Stock$225.87$11793% above20.1x28.2%6972
TSCO Tractor Supply Company Common Stock$34.73$2443% above18.0x39.5%6445
BBY Best Buy Co. Inc. Common Stock$99.83$7730% above15.7x43.1%5873
8136.T Sanrio Company, Ltd.¥1326.50--28.5x-10080
MUSA Murphy USA Inc. Common Stock$532.10$41429% above16.4x86.4%4572

Sector report card

Where DKS ranks against its sector peers on each metric.

Computing percentiles…
  • PR Newswire•Oct 15, 2026
    DICK'S Sporting Goods Inc. to Hire Over 11,000 Seasonal Teammates for the 2026 Holiday Shopping Season
  • PR Newswire•Sep 1, 2026
    Make Your Loyalty Impossible to Miss for College Colors Day 2026
  • PR Newswire•Jul 20, 2026
    DICK'S EXPANDS ITS INVESTMENT IN WOMEN'S SPORTS WITH COOKIE JAR & A DREAM STUDIOS' "LIFE IN THE W" DOCUMENTARY SERIES ON ESPN
1 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 6
Form 4Insider transactionPeriod 2026-10-03
View on SEC →
Oct 1
Form 4Insider transactionPeriod 2026-09-30
View on SEC →
September 2026
Sep 25
8-KCurrent reportPeriod 2026-09-22
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR