10 Best Golf Stocks to Buy According to Analysts

7. DICK’S Sporting Goods, Inc. (NYSE:DKS)

Analysts’ Upside Potential as of April 9: 24.52%

DICK’S Sporting Goods, Inc. (NYSE:DKS) is ranked seventh on our list of the Best Golf Stocks. It is the unquestioned sporting goods market leader, with over 850 stores, including Golf Galaxy and Field & Stream locations. Despite having fewer locations than some of its competitors, the company’s superstores average 50,000 square feet, making them significantly larger than the average sporting goods store.

DICK’S Sporting Goods, Inc. (NYSE:DKS) manufactures golf equipment, sports goods equipment, fitness equipment, and fishing gear, as well as apparel. It sells golf clubs, balls, bags, and accessories from popular manufacturers like Callaway, TaylorMade, and Titleist. The firm has specialized golf sections in its stores and has expanded its Golf Galaxy brand to include performance facilities that use innovative technologies such as TrackMan for customized fittings and lessons.

The business is investing in e-commerce and interactive in-store facilities like baseball simulators and golf ball monitoring technologies. It also opened over a dozen House of Sports experiential retail superstores, which featured a running track and a climbing wall. This shows how the business is using its market strength to differentiate itself from its competitors.

In the fourth quarter of 2024, DICK’S Sporting Goods, Inc. (NYSE:DKS) recorded $3.89 billion in revenue, a 0.5% increase over the same period the prior year. The revenue was also above analyst expectations by $122.89 million. Its comparable sales for the quarter climbed by 6.4%. DKS reported a net income of $300 million, up from $296 million in the previous year.