TD cuts target for Gildan Activewear stock from USD 80.00 to USD 54.00

Published on 10/05/2026 at 05:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 72.30 percent to USD 1.58 billion year over year. TD sets a USD 54.00 target for Gildan Activewear stock after USD 80.00.

GIL, CA3759161035, Illustration mit AI erstellt.

On September 24, 2026, TD cut its Gildan Activewear target from USD 80.00 to USD 54.00 while keeping a Buy rating, as MarketBeat reported. The revised target puts the emphasis on whether Gildan can convert its latest revenue growth into dependable earnings.

TD target resets valuation

TD's USD 54.00 target stood above the USD 40.98 U.S. share price cited in the September 24 report, while the article said the target implied 31.76 percent upside from the prior close. The same report placed the broader analyst consensus at Moderate Buy with an average target of USD 76.50.

The target reduction was a clear counterweight to the positive rating. It also leaves a wide gap between TD's updated view and the wider consensus, making earnings quality more important than headline sales growth for the valuation debate.

Second-quarter numbers diverge

Gildan reported USD 1.58 billion of revenue in the second quarter of 2026, up 72.30 percent from the same period a year earlier but below the USD 1.61 billion consensus, according to MarketBeat. Earnings per share reached USD 1.28 versus the USD 1.11 consensus, a USD 0.17 difference.

That combination matters: revenue expanded sharply, yet the sales figure still missed expectations, while earnings per share exceeded the comparison forecast. The result gives investors two competing signals rather than a simple growth story.

U.S. range frames risk

On September 24, 2026, Gildan Activewear traded at USD 40.98 in the U.S. market context after an 11.30 percent decline, near its 52-week low of USD 40.13. The 52-week high was USD 73.69, so the quoted level remained USD 32.71 below that peak.

Market context stays wide

The dated U.S. market context places Gildan Activewear at a market capitalization of USD 7.6 billion and within a USD 40.13 to USD 73.69 52-week range on September 24, 2026. The distance between TD's USD 54.00 target and the reported USD 40.98 share price keeps the revised analyst view tied to a measurable recovery threshold rather than a new trading signal.