Amer Sports (NYSE:AS) Issues FY 2026 Earnings Guidance

Amer Sports (NYSE:AS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.180-1.230 for the period, compared to the consensus EPS estimate of 1.200. The company issued revenue guidance of $7.9 billion-$8.0 billion, compared to the consensus revenue estimate of $7.7 billion.

Amer Sports Stock Performance

Amer Sports stock opened at $33.77 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76. The stock has a fifty day moving average price of $34.21 and a two-hundred day moving average price of $35.82. Amer Sports has a 52-week low of $28.92 and a 52-week high of $42.76. The firm has a market capitalization of $18.70 billion, a P/E ratio of 45.03, a P/E/G ratio of 1.36 and a beta of 2.16.

Amer Sports (NYSE:AS) last released its quarterly earnings data on Monday, May 18th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.07. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period in the prior year, the company posted $0.27 earnings per share. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. As a group, analysts anticipate that Amer Sports will post 1.16 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AS. Evercore raised their target price on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $50.00 target price on shares of Amer Sports in a research note on Wednesday, May 13th. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Weiss Ratings upgraded Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, April 27th. Finally, UBS Group restated a “buy” rating on shares of Amer Sports in a research note on Friday, March 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $47.24.

Insider Buying and Selling

In other Amer Sports news, CFO Andrew E. Page sold 6,005 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total transaction of $217,741.30. Following the completion of the transaction, the chief financial officer owned 11,828 shares of the company’s stock, valued at $428,883.28. This represents a 33.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stuart Haselden sold 11,438 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total value of $414,741.88. Following the transaction, the chief executive officer directly owned 15,275 shares of the company’s stock, valued at approximately $553,871.50. This trade represents a 42.82% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 27,125 shares of company stock valued at $956,673.

Amer Sports News Summary

Here are the key news stories impacting Amer Sports this week:

• Positive Sentiment: Amer Sports beat expectations on both revenue and earnings, reporting $1.95 billion in revenue and $0.38 adjusted EPS versus estimates of $1.83 billion and $0.31, respectively, showing that demand remains strong across its brands. Article: Amer Sports Reports First Quarter 2026 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance
• Positive Sentiment: The company raised its 2026 outlook, guiding for revenue of about $7.9 billion to $8.0 billion and adjusted EPS of $1.18 to $1.23, which suggests management expects momentum to continue through the year. Article: Amer Sports Reports First Quarter 2026 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance
• Positive Sentiment: Investor sentiment also appears to be improving, with unusually heavy call option buying and notable hedge fund accumulation, including large additions by Point72, Marshall Wace, and Viking Global. Article: Amer Sports shares rise on Q1 beat and raised full-year guidance
• Neutral Sentiment: The earnings call transcript and related filings add more detail on the quarter, but the key market-moving takeaway remains the earnings beat and raised guidance rather than any new strategic announcement. Article: Amer Sports, Inc. (AS) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Some commentary noted margin pressure and a less aggressive profit outlook, which may temper enthusiasm if investors focus more on profitability than revenue growth. Article: Amer Sports buoyed by Q1 results, but margin pressure, lackluster profit outlook tempers rally

Institutional Investors Weigh In On Amer Sports

A number of institutional investors and hedge funds have recently made changes to their positions in AS. Scopus Asset Management L.P. bought a new stake in shares of Amer Sports during the 2nd quarter worth approximately $108,562,000. Viking Global Investors LP raised its stake in shares of Amer Sports by 63.5% during the 3rd quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock worth $220,436,000 after purchasing an additional 2,462,832 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Amer Sports during the 2nd quarter worth approximately $87,287,000. BNP Paribas Financial Markets raised its stake in shares of Amer Sports by 244.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,533,612 shares of the company’s stock worth $98,203,000 after purchasing an additional 1,798,170 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of Amer Sports by 1,983.1% during the 3rd quarter. Alliancebernstein L.P. now owns 1,764,308 shares of the company’s stock worth $61,310,000 after purchasing an additional 1,679,612 shares in the last quarter. Institutional investors own 40.25% of the company’s stock.

Amer Sports Company Profile

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).