Foot Locker Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Foot Locker, Inc. (NYSE:FL) will release its first-quarter earnings results before the opening bell on Thursday, May 29.

Analysts expect the New York-based company to report quarterly earnings at 11 cents per share, versus a year-ago loss of 5 cents per share in the year-ago period. According to data from Benzinga Pro, Foot Locker projects to report quarterly revenue at $1.88 billion, compared to $1.9 billion a year earlier.

On May 15, Foot Locker disclosed a definitive deal to be acquired by Dick's Sporting Goods Inc (NYSE:DKS), which values Foot Locker's equity at around $2.4 billion and its enterprise at about $2.5 billion.

Foot Locker shares closed at $23.90 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Citigroup analyst Paul Lejuez maintained a Neutral rating and raised the price target from $20 to $24 on May 16, 2025. This analyst has an accuracy rate of 65%.
• Baird analyst Jonathan Komp maintained a Neutral rating and boosted the price target from $14 to $24 on May 16, 2025. This analyst has an accuracy rate of 67%.
• Barclays analyst Adrienne Yih downgraded the stock from Overweight to Equal-Weight and raised the price target from $14 to $24 on May 16, 2025. This analyst has an accuracy rate of 64%.
• Needham analyst Tom Nikic downgraded the stock from Buy to Hold with a price target of $24 on May 15, 2025. This analyst has an accuracy rate of 61%.
• JP Morgan analyst Matthew Boss upgraded the stock from Underweight to Neutral and increased the price target from $16 to $24 on May 15, 2025. This analyst has an accuracy rate of 67%

Considering buying FL stock? Here’s what analysts think:

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