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

Amer Sports (NYSE:AS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.180-1.230 for the period, compared to the consensus earnings per share estimate of 1.200. The company issued revenue guidance of $7.9 billion-$8.0 billion, compared to the consensus revenue estimate of $7.7 billion.

Amer Sports Price Performance

Amer Sports stock opened at $34.84 on Thursday. Amer Sports has a 12-month low of $28.92 and a 12-month high of $42.76. The stock has a market capitalization of $19.30 billion, a P/E ratio of 43.55, a P/E/G ratio of 1.33 and a beta of 2.16. The firm’s 50-day moving average is $34.23 and its two-hundred day moving average is $35.84. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76.

Amer Sports (NYSE:AS) last released its quarterly earnings results on Tuesday, May 19th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.07. Amer Sports had a net margin of 6.50% and a return on equity of 10.78%. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period last year, the company earned $0.27 EPS. The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. Amer Sports has set its FY 2026 guidance at 1.180-1.230 EPS. Equities analysts predict that Amer Sports will post 1.21 earnings per share for the current year.

Analyst Ratings Changes

AS has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $52.00 price objective on shares of Amer Sports in a report on Wednesday. Truist Financial increased their price objective on shares of Amer Sports from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday. Evercore increased their price objective on shares of Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Piper Sandler reiterated an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. Finally, Robert W. Baird set a $51.00 price objective on shares of Amer Sports in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $48.19.

Insider Activity at Amer Sports

In related news, CEO Stuart Haselden sold 11,438 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total value of $414,741.88. Following the transaction, the chief executive officer owned 15,275 shares in the company, valued at approximately $553,871.50. This trade represents a 42.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andrew E. Page sold 6,005 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total transaction of $217,741.30. Following the completion of the transaction, the chief financial officer owned 11,828 shares in the company, valued at $428,883.28. The trade was a 33.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 27,125 shares of company stock worth $956,673 in the last 90 days.

Trending Headlines about Amer Sports

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

• Positive Sentiment: Amer Sports beat Q1 expectations on both revenue and earnings, with revenue of $1.95 billion and EPS of $0.38, while sales grew 32% year over year. Amer Sports Reports First Quarter 2026 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance
• Positive Sentiment: Management raised 2026 guidance for revenue, margins, and EPS, signaling confidence that momentum will continue through the year. Amer Sports Reports First Quarter 2026 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance
• Positive Sentiment: Bloomberg reported that shares climbed as Salomon sales helped boost the outlook, reinforcing investor enthusiasm around brand-level growth drivers. Amer Sports Shares Climb as Salomon Sales Spur Outlook Boost
• Neutral Sentiment: Commentary pieces from Seeking Alpha and market blogs note that the stock’s momentum is being driven by strong Arc’teryx and outdoor demand, but also flag that the strength may not last indefinitely. Amer Sports: Arc’teryx’s Momentum Is Strong, But Only For Now
• Neutral Sentiment: Investors are also watching for margin pressure and a still-cautious profit outlook, which could temper further upside if growth slows. Amer Sports buoyed by Q1 results, but margin pressure, lackluster profit outlook tempers rally

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new position in Amer Sports in the fourth quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd raised its holdings in 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 during the period. PNC Financial Services Group Inc. raised its holdings in Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after buying an additional 848 shares during the period. Smartleaf Asset Management LLC raised its holdings in Amer Sports by 174.3% in the second quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock valued at $63,000 after buying an additional 1,011 shares during the period. Finally, Daiwa Securities Group Inc. purchased a new stake in shares of Amer Sports during the fourth quarter valued at approximately $84,000. 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).