Gildan jumps over 5% as new price-target hike rekindles post-merger optimism
Gildan Activewear shares are higher after a fresh analyst price-target raise boosted sentiment around the company’s post-HanesBrands integration and 2026 outlook. The move follows a recent CIBC target increase to $60 while keeping an Outperformer rating.
1) What’s driving the stock today
Gildan Activewear (GIL) is climbing after renewed Wall Street optimism, highlighted by a recent price-target increase from CIBC to $60 (from $56) while reiterating an Outperformer stance. The target hike is being read as a vote of confidence that the company’s earnings trajectory can improve as it digests the HanesBrands acquisition and executes on cost and operational initiatives. (tipranks.com)
2) Why the call matters now
The stock’s rally comes as investors focus on how quickly Gildan can translate its larger scale into higher margins and steadier cash flow. Gildan completed the HanesBrands acquisition on December 1, 2025, materially expanding its basics portfolio and retail reach, which has kept integration progress and synergy capture at the center of the bull case. (gildancorp.com)
3) What investors will watch next
Near-term attention is likely to stay on integration milestones, margin progress, and any updates to 2026 expectations as management rolls out initiatives for the combined business. Further analyst revisions, changes in guidance cadence, and additional footprint-optimization actions tied to the acquired operations could be the next incremental catalysts for the shares.