Canada Goose (GOOS) shares are soaring 5.06% in pre-market trading on Thursday, following the release of strong Q4 and fiscal 2025 results, coupled with a series of analyst price target increases. The luxury outerwear manufacturer's performance has caught the attention of Wall Street, despite some mixed sentiment.
The company's Q4 earnings report, released late Wednesday, showcased robust financial performance, prompting several analysts to revise their outlook on the stock. Baird raised its price target significantly from $14 to $18, maintaining a Neutral rating. UBS and Evercore ISI also increased their price targets to $11 from $8 and $10, respectively, both keeping Neutral stances on the stock.
However, the picture isn't uniformly rosy. Williams Trading downgraded Canada Goose to Sell from Hold, setting a price target of C$10. This contrarian view highlights the complex landscape the company navigates, including potential risks related to its social media dependency and regulatory challenges in its brand reputation management. Despite these concerns, the market appears to be focusing on the positive aspects of Canada Goose's recent performance, driving the stock's pre-market rally.