Brokerages Set Boot Barn Holdings, Inc. (NYSE:BOOT) Price Target at $219.55

Posted by Stanley Muller on Sep 9th, 2026

Boot Barn Holdings, Inc. (NYSE:BOOT – Get Free Report) has received a consensus recommendation of “Buy” from the thirteen brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $219.5455.

Several research analysts have commented on the company. TD Cowen dropped their price target on Boot Barn from $225.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Robert W. Baird set a $212.00 price target on Boot Barn in a report on Thursday, July 30th. Weiss Ratings downgraded shares of Boot Barn from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. BTIG Research dropped their price target on shares of Boot Barn from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, Zacks Research upgraded shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd.

Read Our Latest Report on BOOT

Boot Barn Stock Performance

BOOT stock opened at $152.48 on Friday. The stock has a market capitalization of $4.62 billion, a P/E ratio of 19.30, a PEG ratio of 0.99 and a beta of 1.70. Boot Barn has a one year low of $133.18 and a one year high of $210.25. The company has a 50 day moving average price of $157.29 and a two-hundred day moving average price of $162.24.

Boot Barn (NYSE:BOOT – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $2.29 EPS for the quarter, beating the consensus estimate of $1.69 by $0.60. Boot Barn had a return on equity of 18.78% and a net margin of 10.35%.The firm had revenue of $593.51 million during the quarter, compared to analyst estimates of $583.15 million. During the same period in the prior year, the firm posted $1.74 earnings per share. The business’s quarterly revenue was up 17.7% compared to the same quarter last year. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. Research analysts forecast that Boot Barn will post 9.18 earnings per share for the current fiscal year.

Institutional Trading of Boot Barn

Several institutional investors and hedge funds have recently bought and sold shares of BOOT. California State Teachers Retirement System boosted its stake in shares of Boot Barn by 15,740.5% during the 2nd quarter. California State Teachers Retirement System now owns 5,763,249 shares of the company’s stock worth $946,729,000 after acquiring an additional 5,726,866 shares during the period. BlackRock Inc. acquired a new stake in Boot Barn during the 2nd quarter valued at $840,629,000. Price T Rowe Associates Inc. MD raised its stake in Boot Barn by 83.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,103,441 shares of the company’s stock worth $194,725,000 after acquiring an additional 502,275 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in shares of Boot Barn by 2,547.7% in the 3rd quarter. Balyasny Asset Management L.P. now owns 471,192 shares of the company’s stock valued at $78,086,000 after purchasing an additional 453,396 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Boot Barn by 114.6% during the 1st quarter. Bank of America Corp DE now owns 655,374 shares of the company’s stock valued at $95,921,000 after purchasing an additional 349,985 shares during the last quarter.

About Boot Barn

(Get Free Report)

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.