GIL
Gildan Activewear Inc.
NYSE: GIL · CONSUMER CYCLICAL · APPAREL MANUFACTURING
$57.68
-0.45% today
Updated 2026-06-05
Market cap
$11.26B
P/E ratio
35.54
P/S ratio
2.76x
EPS (TTM)
$1.71
Dividend yield
1.55%
52W range
$45 – $73
Volume
1.1M
Gildan Activewear Inc. (GIL) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed GIL price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$57.68
Today
Analyst consensus
$79.77
+38.30% · 12M
2030 Base
$53.50
-7.25% future
NPV today
$33.62
@ 11% WACC
16 analysts:
12 Buy4 Hold0 Sell
Management guidance
Gildan reaffirmed FY2026 guidance of $6.0B–$6.2B revenue (midpoint $6.1B, implying 68.5% growth YoY from $3.62B in 2025) and adjusted EPS of $4.20–$4.40, driven primarily by HanesBrands acquisition closed Dec 2025. Management projects ~$250M run-rate cost synergies over three years ($100M in 2026 alone). CEO commentary suggests confidence in 2027 growth via integration leverage and brand optimization, but provided no specific 2027+ revenue targets.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
GIL · Gildan Activewear Inc. · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$53.50
NPV today: $33.62
Base case (2030)
$53.50
NPV today: $33.62
Bull case (2030)
$150.66
NPV today: $94.69
WallStSmart.com
GIL financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $3.7B | $6.1B | $6.8B | $7.7B | $8.4B | $9.2B |
| Revenue growth | 12.5% | 68.5% | 11.5% | 12.5% | 10.4% | 8.3% |
| Net margin | — | 13.1% | 14.8% | 15.9% | 16.3% | 16.7% |
| EPS | $3.52 | $4.30 | $5.40 | $6.50 | $7.35 | $8.10 |
| Diluted shares | — | 186M | 187M | 187M | 188M | 188M |
| Net debt | — | $1.25B | $788.70M | $268.81M | $-305.45M | $-927.28M |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $26.08 | $32.20 | $39.42 | $46.62 | $53.50 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $9.2B | $9.2B | $9.2B |
| P/S multiple | 1.0x | 1.0x | 3.0x |
| Diluted shares | 188M | 188M | 188M |
| Net debt | $-927.28M | $-927.28M | $-927.28M |
| Implied P/E † | 7x | 7x | 19x |
| 2030 Price | $53.50 | $53.50 | $150.66 |
| NPV @ 11% | $33.62 | $33.62 | $94.69 |
† Implied P/E: Multiples remain elevated across all three scenarios because GIL is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $53.50 base case
GIL catalysts and risks
Growth catalysts
+ HanesBrands integration completing in 2026–2027; $250M run-rate synergies unlocks margin expansion and reinvestment capacity
+ Scale advantage post-merger; combined entity now top-3 in North American activewear/basics with 51,000+ employees and $10.7B market cap
+ Retail segment strength: Q1 2026 retail sales +3.8% (unit growth), suggesting brand traction post-integration; momentum should compound through 2027–2028 as integration matures
+ Operating leverage: current 16.2% operating margin can expand to 18–20% by 2028 as synergies and scale economies flow through; this will support premium EPS growth vs. revenue growth
Key risks
- Retailer inventory caution: Q1 2026 commentary noted sluggish wholesale environment and retailer caution during holiday season; demand elasticity risk if consumer discretionary spending weakens in recession scenario
- Integration execution risk: HanesBrands integration is substantial (doubling revenue base); disruption, talent loss, or synergy shortfalls could compress margins or slow 2027–2028 growth
- Gross margin volatility: Q1 2026 gross margin still impacted by inventory fair value step-up and restructuring; normalized margin path uncertain if cotton/labor costs rise or mix shifts unfavorably
- Competitive intensity: activewear market (lululemon, Under Armour, VF Corp brands) remains highly competitive; brand differentiation and pricing power are critical but not guaranteed
Methodology · Gildan Activewear Inc. 2030 stock forecast model
Gildan Activewear Inc. 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for GIL by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-927.28M by 2030) |
| 3. Time value | NPV calculated using 11% WACC (CAPM: beta 1.11) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 3.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
GIL price target FAQ
What is the GIL price target for 2030?
WallStSmart's Gildan Activewear Inc. 2030 base case is $53.50 per share, with a bull case of $150.66 and bear case of $53.50. The NPV of the base case discounted to today at 11% WACC is $33.62.
How is the Gildan Activewear Inc. 2030 stock forecast calculated?
The GIL 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the GIL price target account for dilution?
Gildan Activewear Inc. is projected to grow diluted share count from 185M to 188M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on GIL stock?
16 analysts cover GIL with an average 12-month price target of $79.77. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.