Williams Trading analyst Sam Poser has revised his rating for Canada Goose (GOOS, Financial), upgrading it from Sell to Hold. However, Poser adjusted the price target downwards to C$10 from C$11, reflecting ongoing challenges for the company.
Despite 90% of Canada Goose’s production being located in Canada, offering protection from tariffs through the USMCA, the company faces branding challenges. The analyst notes a discrepancy between management's perception of Canada Goose as a luxury brand and consumer views of it as a premium outdoor brand, which continues to affect the company's long-term prospects.
Alongside the upgrade, the analyst has also lowered earnings per share (EPS) forecasts for fiscal years 2025, 2026, and 2027, signaling some concerns about the company's future financial performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Canada Goose Holdings Inc (GOOS, Financial) is $10.13 with a high estimate of $16.02 and a low estimate of $7.01. The average target implies an upside of 25.66% from the current price of $8.07. More detailed estimate data can be found on the Canada Goose Holdings Inc (GOOS) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Canada Goose Holdings Inc's (GOOS, Financial) average brokerage recommendation is currently 3.8, indicating "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Canada Goose Holdings Inc (GOOS, Financial) in one year is $17.77, suggesting a upside of 120.33% from the current price of $8.065. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Canada Goose Holdings Inc (GOOS) Summary page.
