Canada Goose Holdings Inc (GOOS) Shares Plummet to $12.195 Amidst Market Volatility

Canada Goose Holdings Inc (GOOS) shares fell 3.29% to $12.20 on May 29, 17.32% below its 52-week high of $14.75 and 81.20% above its 52-week low of $6.73. Analysts forecast an average target price of $10.81 with a high estimate of $16.01 and a low estimate of $7.01, implying an 11.36% downside from the current price. The estimated GF Value for GOOS in one year is $14.48, suggesting a 18.74% upside from the current price.

Canada Goose Holdings Inc (GOOS) shares fell 3.29% to $12.20 on May 29, marking a significant decline from its 52-week high of $14.75. The stock now trades 17.32% below its peak and 81.20% above its 52-week low of $6.73. Analysts have forecasted an average target price of $10.81, with estimates ranging from a high of $16.01 to a low of $7.01, suggesting an 11.36% downside from the current price. The estimated GF Value for GOOS in one year is $14.48, implying an 18.74% upside from the current price [1].

Analysts from various firms have provided mixed signals regarding Canada Goose's stock. Evercore ISI has set a target price of $11.00, while UBS Group and Barclays have maintained a "neutral" rating with price targets of $11.00 and $8.00, respectively. Goldman Sachs increased its target to $9.00 and assigned a "sell" rating. Wells Fargo upgraded Canada Goose from "underweight" to "equal weight" [1].

Institutional investors have also shown interest in Canada Goose. DGS Capital Management LLC, Alberta Investment Management Corp, Olympiad Research LP, NINE MASTS CAPITAL Ltd, and Steward Partners Investment Advisory LLC have increased their holdings in the company [1].

Despite the recent decline, Canada Goose has shown strong performance in earnings and revenue growth. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.16, and revenue of $266.83 million, compared to analysts' expectations of $355.76 million. The company's return on equity was 22.49% and net margin was 5.47% [1].

Canada Goose's stock has been one of the most watched by Zacks.com visitors lately. The stock has returned +50.8% over the past month, compared to the Zacks S&P 500 composite's +6.7% change. The Zacks Retail - Apparel and Shoes industry has gained 19.5% over the same period. The Zacks Rank #2 (Buy) for Canada Goose suggests a strong correlation between earnings estimate revisions and short-term stock price movements [2].

In conclusion, while Canada Goose's stock has experienced a significant decline, the company's strong earnings and revenue growth, along with the interest from institutional investors, suggest potential upside in the future. Analysts' forecasts and market dynamics will continue to influence the stock's performance.

References:
[1] https://www.marketbeat.com/instant-alerts/evercore-isi-issues-positive-forecast-for-canada-goose-nysegoos-stock-price-2025-05-22/
[2] https://www.nasdaq.com/articles/canada-goose-holdings-inc-goos-attracting-investor-attention-here-what-you-should-know-3