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Hanesbrands ( (HBI) ) has provided an announcement.
On August 13, 2025, HanesBrands Inc. announced its acquisition by Gildan Activewear Inc., a move that will create a global leader in basic apparel. The merger, valued at approximately $2.2 billion in equity and $4.4 billion in enterprise value, is expected to double Gildan’s revenues and enhance its market position. The combined entity aims to leverage operational synergies, achieving $200 million in annual cost savings within three years, and will maintain a strong presence in both Montréal and Winston-Salem. This strategic alignment is anticipated to enhance product diversification, market reach, and shareholder value.
The most recent analyst rating on (HBI) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Hanesbrands stock, see the HBI Stock Forecast page.
Spark’s Take on HBI Stock
According to Spark, TipRanks’ AI Analyst, HBI is a Neutral.
Hanesbrands’ overall stock score is driven by strong earnings call results, indicating improved financial metrics and reduced debt. However, financial performance remains a concern due to declining revenues and high leverage. Technical indicators show bullish momentum, but the stock may be overbought. Valuation is moderate, with no dividend yield to attract income investors.
To see Spark’s full report on HBI stock, click here.
More about Hanesbrands
HanesBrands Inc. operates in the apparel industry, focusing on the production and sale of basic apparel items such as innerwear and activewear. The company is known for its iconic brands and has a strong market presence in retail channels.
Average Trading Volume: 5,932,080
Technical Sentiment Signal: Hold
Current Market Cap: $2.19B
See more insights into HBI stock on TipRanks’ Stock Analysis page.