TD Cowen cuts target for Boot Barn stock from USD 190.00 to USD 160.00

Published on 10/25/2026 at 02:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. Boot Barn stock closed at USD 115.18 on October 23, 2026, below its USD 210.25 high.

Analyst target and results date

TD Cowen cut its Boot Barn target from USD 190.00 to USD 160.00 on October 23, 2026.
Boot Barn reported first-quarter revenue of USD 593.51 million, up 17.70 percent year over year.
The NYSE quote stood at USD 115.18 on October 23, 2026, below a USD 210.25 52-week high.

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Boot Barn (US0994061002) had its TD Cowen price target cut from USD 190.00 to USD 160.00 on October 23, 2026, while the firm kept a Buy rating, as Markets Insider reported. Boot Barn is due to release second-quarter fiscal 2027 results on October 28, 2026, according to Yahoo Finance.

Target cut raises the stakes

TD Cowen described the upcoming earnings release as critical because of pressure on comparable sales. The lower USD 160.00 target still sits above the USD 115.18 NYSE close of October 23, 2026, but the change puts near-term execution at the center of the debate.

Boot Barn's latest reported quarter offered a stronger operating base. Revenue for the first quarter of fiscal 2027 reached USD 593.51 million, up 17.70 percent from USD 504.07 million a year earlier, while net income rose to USD 70.11 million from USD 53.41 million, according to Markets Insider.

What does the target cut change?

The revision narrows the valuation cushion ahead of the report without removing the earnings test. Boot Barn's first-quarter diluted earnings per share were USD 2.29, compared with a USD 1.69 consensus estimate, while the company operates 589 stores in 49 states, as Markets Insider and Yahoo Finance reported.

Three events set the sequence

On June 27, 2026, Boot Barn reported first-quarter fiscal 2027 revenue of USD 593.51 million and diluted earnings per share of USD 2.29, according to Markets Insider. On October 21, 2026, Boot Barn announced that second-quarter fiscal 2027 results would be released on October 28, 2026, according to Yahoo Finance. On October 23, 2026, TD Cowen lowered its target from USD 190.00 to USD 160.00, as Markets Insider reported.

Dates on the earnings calendar

The next scheduled event is the second-quarter fiscal 2027 results release on October 28, 2026, after the market close, followed by management's conference call at 4:30 p.m. ET, according to Yahoo Finance. The call replay is scheduled to remain available until November 28, 2026.

NYSE valuation stays wide

Boot Barn closed at USD 115.18 on the NYSE on October 23, 2026. Its 52-week range was USD 110.53 to USD 210.25, and its market capitalization was USD 3.5 billion as of that quote date. The results release will test whether the first-quarter revenue growth can continue into the second half of fiscal 2027. The further course of trading is shown by the continuously updated real-time quote of Boot Barn stock.