Sportsman’s Warehouse (NASDAQ:SPWH) Price Target Cut to $2.00

Sportsman’s Warehouse (NASDAQ:SPWH) had its price target decreased by B. Riley from $4.00 to $2.00 in a research note issued to investors on Wednesday morning, Benzinga reports. B. Riley currently has a neutral rating on the stock. B. Riley also issued estimates for Sportsman’s Warehouse’s Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.71) EPS and FY2026 earnings at ($0.34) EPS.

Other analysts also recently issued research reports about the stock. Lake Street Capital lowered their target price on shares of Sportsman’s Warehouse from $5.00 to $3.00 and set a buy rating for the company in a report on Wednesday. Roth Mkm initiated coverage on shares of Sportsman’s Warehouse in a research note on Monday, June 3rd. They issued a buy rating and a $5.00 price objective for the company. Roth Capital upgraded Sportsman’s Warehouse to a strong-buy rating in a research note on Monday, June 3rd. Robert W. Baird decreased their price target on Sportsman’s Warehouse from $4.00 to $2.50 and set a neutral rating for the company in a research report on Wednesday. Finally, Craig Hallum cut their price objective on Sportsman’s Warehouse from $4.00 to $3.00 and set a hold rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Sportsman’s Warehouse presently has a consensus rating of Hold and an average target price of $3.10.

Sportsman’s Warehouse Stock Performance

Shares of Sportsman’s Warehouse stock opened at $2.39 on Wednesday. The stock has a fifty day simple moving average of $2.23 and a 200 day simple moving average of $2.87. Sportsman’s Warehouse has a 12-month low of $1.81 and a 12-month high of $5.55. The company has a market capitalization of $90.22 million, a P/E ratio of -2.85 and a beta of 0.67.

Insider Activity at Sportsman’s Warehouse

In related news, Director Steven W. Sansom bought 10,000 shares of the business’s stock in a transaction on Wednesday, June 12th. The stock was acquired at an average price of $2.91 per share, for a total transaction of $29,100.00. Following the purchase, the director now directly owns 90,000 shares in the company, valued at $261,900. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. State Board of Administration of Florida Retirement System purchased a new stake in Sportsman’s Warehouse in the first quarter valued at approximately $38,000. Point72 DIFC Ltd purchased a new stake in shares of Sportsman’s Warehouse during the 2nd quarter valued at $40,000. Virtu Financial LLC bought a new stake in shares of Sportsman’s Warehouse during the 1st quarter worth $85,000. Quadrature Capital Ltd purchased a new position in Sportsman’s Warehouse in the fourth quarter worth $88,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Sportsman’s Warehouse in the second quarter valued at $146,000. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Sportsman’s Warehouse Company Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.