Dick's Sporting Goods Surges to 228th Most Traded Stock with $549 Million Turnover

On May 12, 2025, Dick's Sporting Goods (DKS) experienced a significant surge in trading volume, with a turnover of $549 million, marking a 191.96% increase from the previous day. This substantial rise in trading volume positioned DKS as the 228th most traded stock of the day. The stock price of DKS also saw a notable increase, rising by 11.28%.

Barclays analyst Adrienne Yih revised the price target for Dick's Sporting Goods, lowering it from $254.00 to $223.00. This adjustment reflects a downward trend in the stock's valuation, which is consistent with the current market sentiment.

Truist Financial set a price target of $245.00 for Dick's Sporting Goods, indicating a bullish outlook despite recent market volatility. This target suggests potential upside for investors, although it remains to be seen how the stock will perform in the coming months.

The recent pause in US-China tariffs has provided a temporary relief for retailers, including Dick's Sporting Goods. The 90-day pause, announced by President Trump, will reduce US tariffs on Chinese goods to 30% from 145%, while China will also lower its tariffs on US goods. This development is expected to have a positive impact on the retail sector, as it reduces the cost of imported goods and improves profit margins.