Boot Barn stock falls as Baird cuts target to USD 160
Published on 09/29/2026 at 21:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Boot Barn stock was trading at EUR 107.65 at Lang & Schwarz on September 29, 2026, at 9:31 p.m. CEST, down 2.69 percent from the prior close of EUR 110.63. The move followed fresh analyst target cuts, while the retailer's latest quarter still showed double-digit revenue growth.
Baird cuts target to USD 160
As MarketBeat reported on September 29, 2026, Robert W. Baird reduced its Boot Barn price target from USD 212.00 to USD 160.00 and kept an outperform rating. The revised target is a sharp reset in the published valuation range, even though the rating remains positive.
MarketBeat also reported on September 29, 2026, that Craig Hallum lowered its target from USD 235.00 to USD 224.00 while retaining a buy rating. That report placed the US-listed stock at a new 52-week low during the session, adding a second analyst revision to the day's pressure.
Quarterly growth remains visible
Boot Barn reported fiscal Q1 2027 revenue of USD 593.51 million for the quarter ended June 27, 2026, according to MarketBeat. Revenue rose 17.7 percent from the comparable quarter, while diluted EPS increased to USD 2.29 from USD 1.74 and exceeded the USD 1.69 consensus estimate by USD 0.60.
The contrast is important for investors: operating momentum remained measurable in fiscal Q1, but the stock's valuation narrative weakened as analysts cut targets. Investing.com reported on September 29, 2026, that the NYSE-listed shares reached USD 120.53 and stood 43.00 percent below the USD 210.25 52-week high. The current USD 3.7 billion market capitalization leaves the earnings trend and the target revisions pulling in opposite directions.
Boot Barn stock trades after hours
At Lang & Schwarz, Boot Barn stock was trading at EUR 107.65 on September 29, 2026, at 9:31 p.m. CEST, down 2.69 percent versus the EUR 110.63 prior close from September 28, 2026. The primary listing is on the NYSE, where the stock's 52-week range was USD 119.61 to USD 210.25 as of September 29, 2026.
Boot Barn Holdings stock facts
- Company: Boot Barn Holdings, Inc.
- ISIN: US0994061002
- WKN: A12EFD
- Ticker: BOOT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of September 29, 2026, 9:31 p.m. CEST): EUR 107.65
- Change versus prior close: minus 2.69 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 110.63
- Market capitalization: USD 3.7 billion (as of September 29, 2026)
- 52-week range: USD 119.61-210.25 (as of September 29, 2026)
- Sector / Industry: Consumer Cyclical / Apparel Retail
