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Dick's Sporting Goods, Inc. valuation and forecast

Explore the models for Dick's Sporting Goods, Inc., adjust their assumptions and compare your own valuation with the platform's.

Your valuation workspace

What is DKS worth to you?

Start with the company's financial data. Make the assumptions your own.

7 models available

01 / Assumptions

Follow the forecast

The cash flows behind your value

USD per share
View annual figures
Forecast yearCash flow / share

Negative cash flows are shown in terracotta. Before the terminal value and equity bridge. Residual-income models show excess earnings; dividend models show dividends.

See the range of possibilities

Compare and combine your models

Your weighted value—

Weights start with the platform's included models. Change them to build your own combination. Select a model name to edit its assumptions.

ModelYour value / shareWeight

The platform's price and consistency filters are not reapplied to your scenarios.

Other model types 15 unavailable for DKS

Revenue-to-maturity DCF

This model does not apply to this company with the available financial data.

P/B vs return on equity

This model does not apply to this company with the available financial data.

Peer price-to-book

This model does not apply to this company with the available financial data.

Peer P/E

This model does not apply to this company with the available financial data.

Peer price-to-FFO

This model does not apply to this company with the available financial data.

Peer price-to-sales

This model does not apply to this company with the available financial data.

Forward peer price-to-sales

This model does not apply to this company with the available financial data.

PEG comparison

This model does not apply to this company with the available financial data.

Two-stage dividend discount

This model does not apply to this company with the available financial data.

Growing-dividend model

This model does not apply to this company with the available financial data.

REIT funds from operations

This model does not apply to this company with the available financial data.

Utility earnings

This model does not apply to this company with the available financial data.

Book value / net assets

This model does not apply to this company with the available financial data.

Reported crypto treasury NAV

This model does not apply to this company with the available financial data.

Proved-reserve NAV

This model does not apply to this company with the available financial data.

Model values are estimates under the assumptions shown. They are not share-price forecasts or investment advice.

Valuation models compared

Cash-flow modelgrowth 8–18%, 8.5% discount
~$170~$120–$220
Growth cash-flow modelRevenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged.
~$130~$94–$160
Forward price-to-earnings vs peersNext year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.
~$170~$110–$260
Residual incomeBook value plus the present value of returns above the cost of equity, fading over ten years.
~$300~$230–$400
Justified price-to-bookBook value times (return on equity - growth) / (cost of equity - growth): steady-state returns.
~$310~$270–$360
Models combinedweighted average of 5 models; primary model counts double
~$210~$130–$310

range across growth cases central value market price $135.43

Different models answer different questions: the cash-flow models ask what the business generates for owners; the peer multiples ask what similar companies in our coverage trade on. Where they disagree, the gap is the story. Projections are estimates based on current data, updated daily. Not investment advice. How each model works.

Analyst recommendations

27 analysts, Oct 2026
Buy1348%
Hold1244%
Sell27%

Monthly trend

  1. Oct 2026491227
  2. Sep 2026491227
  3. Aug 20264101126
  4. Jul 20263121026

Counts of recommendations published by analysts covering Dick's Sporting Goods, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Price history

Loading chart…

Third-party market data · may be delayed

Five-year projection

  • Share price
  • Higher growth
  • Base case
  • Lower growth
$150 $200 $250 Nov 2024 Today 20272028202920302031 ~$280 ~$200 ~$140

Today: lower growth ~$120 · base case ~$170 · higher growth ~$220 · share price $135.38

Where our model's value per share would be at each point if that growth case plays out — not a forecast of the share price, which can stay above or below value for long periods. How projections are calculated.

Projections are estimates based on current data, updated daily. Not investment advice.

How our value has changed

Our value per share (re-run on each quarter's filings) Share price, month end
$100 $200 $300 $400 $500 20222023202420252026
View the data
PeriodOur value per share
FY2022 Q3 (backtest)$309
FY2022 Q4 (backtest)$472
FY2023 Q1 (backtest)$284
FY2023 Q2 (backtest)$234
FY2023 Q3 (backtest)$236
FY2023 Q4 (backtest)$275
FY2024 Q1 (backtest)$333
FY2024 Q2 (backtest)$301
FY2024 Q3 (backtest)$272
FY2024 Q4 (backtest)$274
FY2025 Q1 (backtest)$214
FY2025 Q2 (backtest)$192
FY2025 Q3 (backtest)$175
FY2025 Q4 (backtest)$151
FY2026 Q1 (backtest)$152
FY2026 Q2 (backtest)$173
FY2026 Q3 (backtest)$176
FY2026 Q4 (backtest)$226
FY2027 Q1 (backtest)$243
FY2027 Q2 (backtest)$187

Our model re-run on each past quarter's filed figures: how the method would have valued Dick's Sporting Goods, Inc. at the time (a backtest — our dated public record starts at launch). The grey line is the share price at month end, for comparison.

Five-year model value, by case

Year Lower growth Base case Higher growth
Latest filing ~$120 ~$170 ~$220
2027 ~$130 ~$170 ~$240
2028 ~$130 ~$180 ~$250
2029 ~$140 ~$190 ~$260
2030 ~$140 ~$200 ~$270
2031 ~$140 ~$200 ~$280

Projections are estimates based on current data, updated daily. Not investment advice. How projections are calculated.

The assumptions

Free cash flow (TTM, FY2027 Q2)
$239M
Less stock-based pay
$140M
Cash flow we value
$577M
Growth, years 1–5 (base)
13%
Then fading to
2.5%
Discount rate
8.5%
Net cash added
-$993M
Diluted shares
90M

What would move the value

Growth 5 points lower
−26%
Growth 5 points higher
+33%
Free-cash-flow margin 1 point lower
−77%
Discount rate 1 point higher
−17%

Change in our model value when one input moves, all else equal.

DKS valuation questions

What is Dick's Sporting Goods, Inc. worth per share?
Our discounted-cash-flow model of Dick's Sporting Goods, Inc.'s free cash flow after stock-based pay puts its value at ~$170 per share in the base case, with a range of ~$120–$220 across lower- and higher-growth cases. Model values under stated assumptions, not a price target or recommendation.
What could Dick's Sporting Goods, Inc. be worth by 2031?
If our base case plays out, the model's value per share would be about ~$200 by 2031 (~$140–$280 across our lower- and higher-growth cases). This is where the model's value would be, not a forecast of the share price, which can stay above or below value for long periods.
How does Fundamentalytics value Dick's Sporting Goods, Inc.?
We value Dick's Sporting Goods, Inc.'s normalised cash flow after stock-based pay using a ten-year discounted-cash-flow model. Near-term growth can incorporate forecasts and guidance; growth then fades to the long-run rate. The equity bridge adds cash and subtracts debt and other claims. The calculator shows the company data and assumptions you can adjust.

Data: SEC EDGAR filings, retrieved October 20, 2026. Method: how we value companies. Disclosures: research and recommendations disclosure. Back to Dick's Sporting Goods, Inc.

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