Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Foot Locker ( (FL) ).
On September 2, 2025, DICK’S Sporting Goods and Foot Locker announced the preliminary results of shareholder elections regarding the form of consideration for the acquisition of Foot Locker by DICK’S Sporting Goods. Approximately 92.6% of Foot Locker shareholders opted for stock consideration, while 1.2% chose cash. The merger is expected to close on September 8, 2025, pending customary conditions. This acquisition is anticipated to enhance DICK’S Sporting Goods’ market position and expand its reach in the footwear and apparel industry.
The most recent analyst rating on (FL) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on Foot Locker stock, see the FL Stock Forecast page.
Spark’s Take on FL Stock
According to Spark, TipRanks’ AI Analyst, FL is a Neutral.
Foot Locker’s overall stock score reflects significant financial challenges, particularly in profitability and cash flow, which are the most impactful factors. Technical analysis provides some support, but valuation concerns due to a negative P/E ratio and lack of dividend yield further weigh down the score. The absence of earnings call insights and corporate events limits the analysis to financial and market data.
To see Spark’s full report on FL stock, click here.
More about Foot Locker
Foot Locker, Inc. is a leading footwear and apparel retailer with approximately 2,400 retail stores in 20 countries across North America, Europe, Asia, Australia, and New Zealand. It is known for its strong presence in sneaker culture through brands like Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. DICK’S Sporting Goods, founded in 1948 and headquartered in Pittsburgh, is a leading omnichannel retailer serving athletes and outdoor enthusiasts through over 850 stores and online platforms, including DICK’S House of Sport and Golf Galaxy Performance Center.
Average Trading Volume: 4,060,965
Technical Sentiment Signal: Buy
Current Market Cap: $2.36B
Learn more about FL stock on TipRanks’ Stock Analysis page.