Amer Sports (NYSE:AS) Releases Q3 2026 Earnings Guidance

Amer Sports (NYSE:AS) updated its third quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.310-0.330 for the period, compared to the consensus earnings per share estimate of 0.380. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion. Amer Sports also updated its FY 2026 guidance to 1.270-1.300 EPS.

Analysts Set New Price Targets

Several research firms have recently weighed in on AS. Piper Sandler reaffirmed an “overweight” rating and issued a $45.00 price target on shares of Amer Sports in a report on Monday, July 27th. Robert W. Baird set a $51.00 target price on Amer Sports in a research note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft set a $52.00 target price on Amer Sports in a report on Wednesday, May 20th. Truist Financial raised their price target on Amer Sports from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Amer Sports in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $49.70.

Amer Sports Stock Performance

Amer Sports stock opened at $32.60 on Tuesday. Amer Sports has a twelve month low of $28.92 and a twelve month high of $42.76. The company has a quick ratio of 0.82, a current ratio of 1.66 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $18.06 billion, a P/E ratio of 40.75, a PEG ratio of 1.12 and a beta of 2.05. The stock’s 50 day moving average is $34.98 and its 200 day moving average is $35.38.

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

Insider Transactions at Amer Sports

In other news, CEO Jie (James) Zheng sold 500,000 shares of Amer Sports stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $34.42, for a total transaction of $17,210,000.00. Following the transaction, the chief executive officer directly owned 1,262,385 shares of the company’s stock, valued at $43,451,291.70. The trade was a 28.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Stuart Haselden sold 215,275 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $35.57, for a total value of $7,657,331.75. Following the transaction, the chief executive officer owned 215,275 shares of the company’s stock, 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 quarter, insiders have sold 833,580 shares of company stock valued at $29,200,266.

Hedge Funds Weigh In On Amer Sports

Several large investors have recently added to or reduced their stakes in the company. Invesco Ltd. boosted its position in shares of Amer Sports by 19.6% in the fourth quarter. Invesco Ltd. now owns 232,193 shares of the company’s stock worth $8,672,000 after purchasing an additional 37,988 shares during the period. Owlhouse Capital LP bought a new stake in shares of Amer Sports during the 4th quarter valued at $4,799,000. Vident Advisory LLC raised its position in shares of Amer Sports by 14.5% during the 4th quarter. Vident Advisory LLC now owns 798,441 shares of the company’s stock valued at $29,822,000 after purchasing an additional 101,343 shares during the period. XTX Topco Ltd purchased a new position in shares of Amer Sports during the 4th quarter valued at $694,000. Finally, Zacks Investment Management bought a new position in Amer Sports in the 4th quarter worth $2,151,000. Hedge funds and other institutional investors 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).