Amer Sports (NYSE:AS) Issues Q1 2026 Earnings Guidance

Amer Sports (NYSE:AS) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.280-0.300 for the period, compared to the consensus estimate of 0.300. The company issued revenue guidance of $1.8 billion-$1.8 billion, compared to the consensus revenue estimate of $2.0 billion. Amer Sports also updated its FY 2026 guidance to 1.100-1.150 EPS.

Wall Street Analysts Forecast Growth

AS has been the subject of a number of analyst reports. Zacks Research cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Deutsche Bank Aktiengesellschaft set a $49.00 target price on shares of Amer Sports in a research report on Thursday, January 8th. UBS Group upped their price target on shares of Amer Sports from $58.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Evercore raised their target price on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Barclays initiated coverage on shares of Amer Sports in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price objective on the stock. Two 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 has an average rating of “Buy” and a consensus price target of $47.12.

Amer Sports Trading Down 0.9%

Shares of Amer Sports stock opened at $37.91 on Thursday. Amer Sports has a 52-week low of $20.21 and a 52-week high of $42.76. The firm has a market capitalization of $21.00 billion, a PE ratio of 50.55, a price-to-earnings-growth ratio of 0.75 and a beta of 2.86. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.51 and a quick ratio of 0.70. The company’s fifty day moving average price is $38.13 and its two-hundred day moving average price is $36.23.

Amer Sports (NYSE:AS) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. Amer Sports had a return on equity of 9.89% and a net margin of 6.51%.The company’s revenue was up 28.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.17 EPS. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. On average, analysts expect that Amer Sports will post 0.46 EPS for the current year.

Amer Sports News Summary

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

• Positive Sentiment: Q4 beat and strong top‑line growth — Amer reported $0.31 EPS vs. $0.27 expected and revenue of $2.10B (up 28.5% y/y), driven by Arc’teryx and Salomon growth; this underpins the company’s upward momentum. Q4 Earnings Transcript
• Positive Sentiment: Stronger FY guidance — Management set FY‑2026 EPS of $1.10–$1.15 (above consensus) and revenue guidance of $7.6–$7.7B (above consensus), signaling confidence in medium‑term growth. FY 2026 Guidance Article
• Positive Sentiment: Analyst uplift — Evercore raised its price target to $51 and kept an “outperform” stance, implying significant upside potential if execution continues. (Evercore note)
• Neutral Sentiment: Operational expansion and leadership moves — Company highlights store openings in China and named Carrie Ask president of Wilson, moves that support distribution/retail execution but will take time to translate into profits. Leadership Appointment
• Neutral Sentiment: Investor materials and presentations available — Full earnings deck and call transcripts show details behind the beat and guidance for those wanting to model near‑term and FY impacts. Earnings Deck
• Negative Sentiment: Cautious Q1 outlook and near‑term revenue miss vs. Street — Q1 EPS guided to $0.28–$0.30 (at/just below consensus) and revenue guided to ~$1.8B vs. ~$2.0B expected; investors are concerned about near‑term margin pressure and higher costs. Benzinga: Stock Falls on Cautious Outlook
• Negative Sentiment: Market reaction and cost concerns — Coverage notes accelerated Salomon investment and higher Q1 costs that could compress near‑term margins; some commentary sees early signs of a slowdown in Arc’teryx momentum. Seeking Alpha: Growth Slowdown View
• Negative Sentiment: Short‑term sell pressure reflected in headlines — Several outlets report the shares were pulled lower after the cautious Q1/profit outlook despite the Q4 beat, contributing to today’s weakness. Investing.com: Shares Fall

Hedge Funds Weigh In On Amer Sports

A number of institutional investors and hedge funds have recently bought and sold shares of AS. Federation des caisses Desjardins du Quebec increased its stake in shares of Amer Sports by 10.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,466 shares of the company’s stock valued at $167,000 after buying an additional 405 shares in the last quarter. Mackenzie Financial Corp grew its holdings in Amer Sports by 1.1% during the 3rd quarter. Mackenzie Financial Corp now owns 48,745 shares of the company’s stock worth $1,694,000 after acquiring an additional 540 shares during the last quarter. Moore Capital Management LP increased its position in Amer Sports by 3.6% in the 4th quarter. Moore Capital Management LP now owns 18,572 shares of the company’s stock valued at $694,000 after acquiring an additional 651 shares in the last quarter. Caitong International Asset Management Co. Ltd raised 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 worth $29,000 after acquiring an additional 703 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Amer Sports during the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 40.25% of the company’s stock.

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).