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

Key Points

• Amer Sports issued FY 2026 guidance for EPS of $1.27–$1.30 and revenue of approximately $8.1 billion, both slightly above Wall Street expectations. Q3 2026 EPS guidance was set at $0.31–$0.33.
• The company’s latest quarterly results exceeded estimates, with EPS of $0.22 versus the $0.11 consensus and revenue of $1.63 billion versus $1.54 billion expected.
• Analysts maintain a consensus “Buy” rating with an average price target of $49.70, although insiders sold roughly 833,580 shares worth $29.2 million over the last quarter.

Amer Sports (NYSE:AS - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. 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 Analyst Weigh In

A number of equities analysts have commented on AS shares. Robert W. Baird set a $51.00 price objective on Amer Sports in a research note on Wednesday, May 20th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Amer Sports in a research report on Friday, July 24th. Truist Financial lifted their target price on Amer Sports from $49.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, May 19th. UBS Group boosted their price target on shares of Amer Sports from $60.00 to $62.00 and gave the stock a "buy" rating in a report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft set a $52.00 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 issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $49.70.

Amer Sports Stock Performance

Shares of AS opened at $32.60 on Tuesday. The firm has a market cap of $18.06 billion, a PE ratio of 40.75, a PEG ratio of 1.12 and a beta of 2.05. The stock's fifty day moving average price is $34.98 and its two-hundred day moving average price is $35.38. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 0.82. Amer Sports has a 1 year low of $28.92 and a 1 year high of $42.76.

Amer Sports (NYSE:AS - Get Free Report) last posted its quarterly earnings results on Monday, August 17th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.11. Amer Sports had a return on equity of 10.29% and a net margin of 6.50%.The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the company earned $0.03 EPS. On average, equities research analysts forecast that Amer Sports will post 1.23 EPS for the current year.

Insider Buying and Selling

In other Amer Sports news, CEO Stuart Haselden sold 215,275 shares of the firm's stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 215,275 shares in the company, valued at $7,657,331.75. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andrew E. Page sold 105,230 shares of Amer Sports stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $36.75, for a total value of $3,867,202.50. Following the transaction, the chief financial officer directly owned 4,083 shares of the company's stock, valued at $150,050.25. The trade was a 96.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 833,580 shares of company stock worth $29,200,266.

Institutional Trading of Amer Sports

Several institutional investors and hedge funds have recently bought and sold shares of AS. Federation des caisses Desjardins du Quebec grew its position in shares of Amer Sports by 10.0% during 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 in the last quarter. Mackenzie Financial Corp raised its position in shares of Amer Sports by 1.1% in 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 in the last quarter. Moore Capital Management LP boosted its stake in Amer Sports by 3.6% during 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 during the period. Caitong International Asset Management Co. Ltd boosted its stake in Amer Sports by 484.8% during 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 during the period. Finally, Kestra Advisory Services LLC purchased a new position in Amer Sports during the fourth quarter worth about $27,000. 40.25% of the stock is currently owned by hedge funds and other institutional investors.

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).

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