Amer Sports (NYSE:AS) Releases 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 1.270-1.300 for the period, compared to the consensus estimate of 1.260. The company issued revenue guidance of $8.1 billion-$8.1 billion, compared to the consensus revenue estimate of $8.0 billion. Amer Sports also updated its Q3 2026 guidance to 0.310-0.330 EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AS. Piper Sandler reaffirmed an “overweight” rating and issued a $45.00 price objective on shares of Amer Sports in a research note on Monday, July 27th. JPMorgan Chase & Co. boosted their price target on shares of Amer Sports from $59.00 to $64.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Amer Sports in a research report on Friday, July 24th. Truist Financial boosted their target price on shares of Amer Sports from $49.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. Finally, Robert W. Baird set a $51.00 price target on shares of Amer Sports in a research report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve 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 a consensus target price of $49.70.

Amer Sports Stock Down 0.8%

Amer Sports stock opened at $32.60 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 1.66 and a debt-to-equity ratio of 0.10. Amer Sports has a 12-month low of $28.92 and a 12-month high of $42.76. The firm’s fifty day moving average is $34.98 and its 200 day moving average is $35.38. The company has a market capitalization of $18.06 billion, a PE ratio of 40.75, a PEG ratio of 1.12 and a beta of 2.05.

Amer Sports (NYSE:AS) last posted its quarterly earnings results on Monday, August 17th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. Amer Sports had a net margin of 6.50% and a return on equity of 10.29%. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same period last year, the company posted $0.03 earnings per share. As a group, sell-side analysts predict that Amer Sports will post 1.23 EPS for the current fiscal year.

Insider Transactions at Amer Sports

In related news, insider Wen-Chang (Victor) Chen sold 13,075 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $35.62, for a total value of $465,731.50. Following the completion of the sale, the insider directly owned 149,821 shares of the company’s stock, valued at $5,336,624.02. The trade was a 8.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Stuart Haselden sold 215,275 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $35.57, for a total value of $7,657,331.75. Following the transaction, the chief executive officer directly owned 215,275 shares in the company, valued at approximately $7,657,331.75. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 833,580 shares of company stock valued at $29,200,266.

Hedge Funds Weigh In On Amer Sports

Large investors have recently modified their holdings of the company. Federation des caisses Desjardins du Quebec grew its position in Amer Sports by 10.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,466 shares of the company’s stock valued at $167,000 after purchasing an additional 405 shares during the period. Mackenzie Financial Corp raised its holdings in Amer Sports by 1.1% during the third quarter. Mackenzie Financial Corp now owns 48,745 shares of the company’s stock worth $1,694,000 after buying an additional 540 shares during the last quarter. Moore Capital Management LP lifted its stake in shares of Amer Sports by 3.6% in the fourth quarter. Moore Capital Management LP now owns 18,572 shares of the company’s stock valued at $694,000 after buying an additional 651 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Amer Sports by 484.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after buying an additional 703 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Amer Sports during the fourth quarter valued at about $27,000. 40.25% of the stock is currently owned by institutional investors.

About Amer Sports

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).