03:08 PM EDT, 03/13/2026 (MT Newswires) -- Dick's Sporting Goods (DKS) appears well positioned for a potential upward revision cycle in fiscal 2026 despite conservative adjusted earnings guidance, UBS Securities said in a note emailed Friday.

The brokerage said 2026 comparable sales guidance at Dick's Sporting Goods signals confidence in growth and could ease concerns about slowing momentum in its core business, excluding House of Sport locations.

UBS also highlighted progress in integrating Foot Locker, noting inventory optimization in Q4 and 2026 guidance for a return to positive operating income of about $125 million at the midpoint, according to the report.

UBS maintained its buy rating on the stock with a price target of $275.

Shares of Dick's Sporting Goods were down 3.5% in Friday afternoon trading.

Price: 190.65, Change: -6.95, Percent Change: -3.52