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

Amer Sports (NYSE:AS) issued an update on 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 EPS 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.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. UBS Group reiterated a “buy” rating on shares of Amer Sports in a research note on Wednesday. Barclays increased their price objective on shares of Amer Sports from $49.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Amer Sports in a research report on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of Amer Sports in a research note on Friday, July 24th. Finally, Robert W. Baird set a $51.00 price target on shares of Amer Sports in a report on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Amer Sports presently has an average rating of “Buy” and a consensus target price of $49.20.

Amer Sports Trading Up 1.3%

Shares of 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 stock has a market cap of $18.86 billion, a price-to-earnings ratio of 35.85, a PEG ratio of 1.09 and a beta of 2.05. 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 business has a 50-day moving average price of $34.97 and a 200-day moving average price of $35.34.

Amer Sports (NYSE:AS) last released its earnings results on Tuesday, August 18th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Amer Sports had a return on equity of 11.55% and a net margin of 7.35%.The company’s revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous 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. Equities analysts predict that Amer Sports will post 1.28 EPS for the current year.

Insider Buying and Selling at Amer Sports

In other news, CEO Jie (James) Zheng sold 500,000 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $34.42, for a total value of $17,210,000.00. Following the sale, the chief executive officer owned 1,262,385 shares in the company, valued at $43,451,291.70. This 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 through the SEC website. Also, insider Wen-Chang (Victor) Chen sold 13,075 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $35.62, for a total transaction of $465,731.50. Following the completion of the sale, the insider owned 149,821 shares in the company, valued at $5,336,624.02. The trade was a 8.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 833,580 shares of company stock valued at $29,200,266.

Amer Sports News Summary

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 Investors Weigh In On Amer Sports

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Viking Global Investors LP raised its stake in shares of Amer Sports by 63.5% during the 3rd quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock valued at $220,436,000 after buying an additional 2,462,832 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Amer Sports by 16.0% in the 4th quarter. Morgan Stanley now owns 3,707,204 shares of the company’s stock valued at $138,464,000 after buying an additional 510,419 shares during the period. Scopus Asset Management L.P. purchased a new stake in shares of Amer Sports in the second quarter worth about $108,562,000. BNP Paribas Financial Markets boosted its stake in shares of Amer Sports by 244.5% in the second quarter. BNP Paribas Financial Markets now owns 2,533,612 shares of the company’s stock worth $98,203,000 after buying an additional 1,798,170 shares during the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in Amer Sports by 2.7% during the third quarter. Balyasny Asset Management L.P. now owns 2,312,195 shares of the company’s stock worth $80,349,000 after acquiring an additional 60,213 shares during the period. 40.25% of the stock is owned by institutional investors and hedge funds.

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).