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

Amer Sports (NYSE:AS) 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.

Amer Sports Trading Up 1.3%

NYSE:AS opened at $34.06 on Thursday. Amer Sports has a 52 week low of $28.92 and a 52 week high of $42.76. The firm has a 50-day moving average price of $34.97 and a two-hundred day moving average price of $35.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.82 and a current ratio of 1.66. The firm has a market cap of $18.86 billion, a price-to-earnings ratio of 35.85, a price-to-earnings-growth ratio of 1.09 and a beta of 2.05.

Amer Sports (NYSE:AS) last released its earnings results on Tuesday, August 18th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.11. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. Amer Sports had a return on equity of 11.55% and a net margin of 7.35%.Amer Sports’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.03 earnings per share. Amer Sports has set its FY 2026 guidance at 1.270-1.300 EPS and its Q3 2026 guidance at 0.310-0.330 EPS. On average, equities analysts expect that Amer Sports will post 1.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Amer Sports in a report on Friday, July 24th. Barclays boosted their target price on shares of Amer Sports from $49.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday. Robert W. Baird set a $51.00 price target on shares of Amer Sports in a research note on Wednesday, May 20th. Truist Financial lowered their price target on shares of Amer Sports from $50.00 to $42.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Amer Sports in a research note on Wednesday. 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 data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $49.20.

Insider Buying and Selling at Amer Sports

In other news, CEO Jie (James) Zheng sold 500,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $34.42, for a total value of $17,210,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,262,385 shares of the company’s stock, valued at $43,451,291.70. This trade represents a 28.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Stuart Haselden sold 215,275 shares of the business’s stock in a transaction 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 sale, the chief executive officer owned 215,275 shares in the company, valued at approximately $7,657,331.75. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 833,580 shares of company stock worth $29,200,266.

Key Amer Sports News

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

• Positive Sentiment: Amer Sports reported Q2 adjusted EPS of $0.22, versus the $0.11 analyst consensus, while revenue rose 32.1% year over year to $1.63 billion, exceeding the $1.54 billion estimate. Amer Sports Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Growth was led by continued momentum at Arc’teryx and Salomon, with management citing double-digit growth across segments, regions and sales channels. Wilson Tennis also delivered strong performance. Amer Sports Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Amer Sports raised full-year 2026 revenue guidance to approximately $8.1 billion and EPS guidance to $1.27-$1.30, modestly above consensus expectations of $8.0 billion and $1.26, respectively. Gross margin also reached 65.6%, helped partly by tariff refunds and brand strength. Arc’teryx Owner Amer Sports Increases Guidance
• Positive Sentiment: Truist maintained a Buy rating, indicating substantial potential upside despite lowering its price target from $50 to $42. Truist Price Target Update
• Neutral Sentiment: The company is expanding its premium retail presence in North America, which could support longer-term brand reach and sales growth.
• Negative Sentiment: Third-quarter EPS guidance of $0.31-$0.33 was below the $0.38 consensus, creating a near-term earnings risk even though revenue guidance was broadly in line.
• Negative Sentiment: Analysts caution that current growth may be difficult to extrapolate because fashion trends can change quickly, leaving Amer Sports reliant on continued Arc’teryx and Salomon momentum. Amer Sports Fashion Risk Remains

Institutional Trading of Amer Sports

Several institutional investors and hedge funds have recently modified their holdings of AS. Northwestern Mutual Wealth Management Co. increased its stake in Amer Sports by 46.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 4,940 shares of the company’s stock valued at $172,000 after acquiring an additional 1,576 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its position in Amer Sports by 10.0% during the fourth 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. Harvest Fund Management Co. Ltd lifted its stake in Amer Sports by 68.0% during the third quarter. Harvest Fund Management Co. Ltd now owns 4,735 shares of the company’s stock worth $164,000 after purchasing an additional 1,917 shares during the last quarter. Rakuten Securities Inc. boosted its holdings in shares of Amer Sports by 3,375.6% in the 2nd quarter. Rakuten Securities Inc. now owns 3,128 shares of the company’s stock worth $121,000 after purchasing an additional 3,038 shares in the last quarter. Finally, Caden Capital Partners LP purchased a new position in shares of Amer Sports in the 4th quarter worth about $106,000. 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).