Boot Barn Holdings stock declines amid market gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 22 Jan 26
Boot Barn Holdings Inc. shares fell 5.01% as the stock crossed below its 5-day SMA, indicating a bearish trend.
The decline occurred despite the broader market strength, with both the Nasdaq-100 and S&P 500 showing gains. This suggests a potential sector rotation, where investors may be reallocating funds away from retail stocks like Boot Barn towards other sectors that are performing better.
Investors will be watching for any upcoming earnings reports or company announcements that could provide further insight into Boot Barn's performance and market positioning.
Analyst Views on BOOT
Wall Street analysts forecast BOOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BOOT is 232.28 USD with a low forecast of 195.00 USD and a high forecast of 282.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 172.290
Low
195.00
Averages
232.28
High
282.00
Current: 172.290
Low
195.00
Averages
232.28
High
282.00
About BOOT
Boot Barn Holdings, Inc. is a lifestyle retailer of western and work-related footwear, apparel, and accessories for men, women and children. The Company carries an assortment of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry, and accessories. Its western assortment includes various brands such as Ariat, Cinch, Cody James, Corral, Dan Post, Durango, El Dorado, Idyllwind, Justin, Laredo, Levi’s, Miss Me, Montana Silversmiths, Moonshine Spirit, Resistol, Shyanne, Stetson, Tony Lama, Twisted X, and Wrangler. Its work assortment includes rugged footwear, outerwear, overalls, denim and shirts, including safety-toe boots and flame-resistant and high-visibility clothing. Its e-commerce Websites consist primarily of bootbarn.com, sheplers.com, countryoutfitter.com, and third-party marketplaces, as well as the Boot Barn app. The Company operates approximately 475 stores in 49 states.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
