Free Trial

Foot Locker (FL) Stock Forecast & Price Target

$22.82
-0.09 (-0.39%)
(As of 05/22/2024 ET)

Foot Locker - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 15 Analyst Ratings

Consensus Price Target

$24.33
6.63% Upside
High Forecast$35.00
Average Forecast$24.33
Low Forecast$15.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
10 Hold rating(s)
13 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
5 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$24.33$24.94$26.26$38.80
Forecasted Upside6.63% Upside4.91% Upside3.51% Upside6.44% Upside
Get Foot Locker Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for FL and its competitors with MarketBeat's FREE daily newsletter.

FL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

FL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Foot Locker Stock vs. The Competition

TypeFoot LockerConsumer Cyclical CompaniesS&P 500
Consensus Rating Score
2.00
2.47
2.49
Consensus RatingHoldHoldHold
Predicted Upside7.64% Upside6,299.68% Upside8.72% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/6/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$26.00 ➝ $20.00-12.93%
3/25/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeIn-Line ➝ Outperform$28.00 ➝ $32.00+31.20%
3/22/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeSell ➝ Neutral$19.00 ➝ $24.00+1.46%
3/11/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeSell ➝ Neutral$12.00 ➝ $23.00-4.76%
3/7/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$31.00 ➝ $27.00+11.39%
3/7/2024Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$35.00 ➝ $30.00+23.76%
3/7/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$26.00 ➝ $22.00-9.24%
3/7/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$37.00 ➝ $31.00+27.89%
3/7/2024Telsey Advisory Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
C. Fernandez
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform ➝ Market Perform$38.00 ➝ $28.00+15.51%
3/6/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHold ➝ Hold$25.00 ➝ $24.00-0.99%
11/30/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSell ➝ Sell$18.00 ➝ $20.00-27.33%
11/22/2023Williams Trading
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHold ➝ Sell$15.00-34.41%
11/21/2023BTIG Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral
10/24/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Underweight$20.00 ➝ $17.00-17.11%
8/24/2023Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$25.00 ➝ $17.00+1.86%
5/22/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$42.00 ➝ $28.00-2.61%
3/21/2023TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform$39.00 ➝ $43.00+1.11%
3/21/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform$62.00+55.54%
3/21/2023Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingNeutral
3/14/2023Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Kummetz
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingNeutral
11/21/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$35.00 ➝ $39.00+8.70%
8/22/2022William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold$29.00-23.40%
8/22/2022B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Anderson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetNeutral$33.00 ➝ $36.00-6.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:20 AM ET.

FL Frequently Asked Questions

What is Foot Locker's stock forecast and purchase recommendation?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Foot Locker is $24.33, with a high forecast of $35.00 and a low forecast of $15.00. The consensus rating for Foot Locker stock is Hold based on the current 3 sell ratings, 9 hold ratings and 3 buy ratings for FL. Learn more on FL's analyst rating history.

Do Wall Street analysts like Foot Locker more than its competitors?

Analysts like Foot Locker less than other "retail/wholesale" companies. The consensus rating score for Foot Locker is 2.00 while the average consensus rating score for "retail/wholesale" companies is 2.41. Learn more on how FL compares to other companies.

Is Foot Locker being upgraded by Wall Street analysts?

Over the previous 90 days, Foot Locker's stock had 3 upgrades by analysts.

Does Foot Locker's stock price have much upside?

According to analysts, Foot Locker's stock has a predicted upside of 3.54% based on their 12-month stock forecasts.

What analysts cover Foot Locker?

Foot Locker has been rated by research analysts at Bank of America, Barclays, Citigroup, Evercore ISI, Guggenheim, Jefferies Financial Group, Morgan Stanley, Piper Sandler, Telsey Advisory Group, and UBS Group in the past 90 days.


Stock Forecasts and Research Tools

This page (NYSE:FL) was last updated on 5/23/2024 by MarketBeat.com Staff

From Our Partners