Paul Lejuez Reiterates Buy on Dick’s Sporting Goods, Keeps $280 Price Target on Multi-Year Earnings Upside

Analyst Paul Lejuez of Citi maintained a Buy rating on Dick’s Sporting Goods, retaining the price target of $280.00.

Paul Lejuez has given his Buy rating due to a combination of factors, including solid underlying business trends and favorable risk/reward into earnings. He anticipates first-quarter EPS to land roughly in line with Street expectations, underpinned by low single-digit comparable sales growth at Dick’s and a manageable bar for performance, while management is expected to reaffirm full-year EPS guidance that implies healthy top-line expansion and stable profitability.

He also highlights the momentum in Dick’s core operations, progress at Foot Locker, and the incremental sales lift expected from the World Cup as key positives. Lejuez’s unchanged $280 price target reflects confidence in the company’s multi-year earnings trajectory, supported by mid- to high-teens valuation multiples on his FY26 and FY27 EPS estimates, which together suggest attractive upside potential from current levels.