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Hanesbrands ( (HBI) ) has shared an announcement.
On August 13, 2025, HanesBrands Inc. entered into a merger agreement with Gildan Activewear Inc., marking a significant step in the company’s strategic evolution. The merger involves a series of transactions that will result in HanesBrands becoming a wholly owned subsidiary of Gildan, with the aim of leveraging combined brand portfolios, innovation capabilities, and manufacturing expertise. The merger is expected to enhance the company’s market position and operational efficiency, with the transaction anticipated to close by late 2025 or early 2026, subject to shareholder and regulatory approvals.
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. is a prominent company in the apparel industry, known for its wide range of products including activewear, underwear, socks, and legwear. The company has a strong market presence with brands such as Hanes, Bali, and Playtex, and focuses on consumer-centric innovation and retail expansion.
Average Trading Volume: 5,932,080
Technical Sentiment Signal: Hold
Current Market Cap: $2.19B
For a thorough assessment of HBI stock, go to TipRanks’ Stock Analysis page.