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

Amer Sports (NYSE:AS) updated its first quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.280-0.300 for the period, compared to the consensus earnings per share 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 Analyst Weigh In

AS has been the topic of a number of research reports. UBS Group raised their price objective on shares of Amer Sports from $58.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Wells Fargo & Company increased their target price on shares of Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Citigroup reissued a “buy” rating on shares of Amer Sports in a research report on Thursday, October 30th. Truist Financial set a $46.00 price target on shares of Amer Sports in a report on Wednesday, January 14th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Amer Sports in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $46.95.

Amer Sports Price Performance

Amer Sports stock opened at $37.68 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 1.51 and a debt-to-equity ratio of 0.24. The firm’s 50-day simple moving average is $38.13 and its 200 day simple moving average is $36.22. The firm has a market capitalization of $20.87 billion, a PE ratio of 68.17, a P/E/G ratio of 0.80 and a beta of 2.86. Amer Sports has a 52 week low of $20.21 and a 52 week high of $42.76.

Amer Sports (NYSE:AS) last issued its quarterly earnings results 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. Amer Sports had a return on equity of 8.51% and a net margin of 5.10%.The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the firm posted $0.17 EPS. Amer Sports’s revenue was up 28.5% on a year-over-year basis. 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, equities research analysts predict that Amer Sports will post 0.46 EPS for the current fiscal year.

Key Stories Impacting Amer Sports

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

• Positive Sentiment: Q4 results beat expectations — EPS $0.31 vs. ~$0.27 consensus and revenue $2.10B (+28.5% YoY), driven by Arc’teryx and Salomon; strong product/retail momentum underpins revenue growth. Read More.
• Positive Sentiment: FY2026 guidance implies higher revenue than consensus (guidance ~$7.6–7.7B vs. ~$7.1B consensus) and EPS guidance (1.10–1.15) at or slightly above street estimates—suggests multi‑brand revenue scaling. Read More.
• Positive Sentiment: At least one major bank (UBS) raised its target on AS to $60 after the quarter, reflecting bullish analyst reaction to the underlying growth story. Read More.
• Neutral Sentiment: Management details and the full earnings call/transcript are available for deeper read‑throughs of margin drivers, China expansion and store openings; use the call to assess sustainability of the growth cadence. Read More.
• Neutral Sentiment: Leadership update: Amer named Carrie Ask as President of the Wilson brand — a strategic retail/apparel hire that may help execution but is unlikely to move near‑term earnings materially. Read More.
• Negative Sentiment: Q1 FY26 guidance disappointed—EPS guidance of $0.28–0.30 (around consensus) but Q1 revenue guidance (~$1.8B) came in below street expectations (~$2.0B); management flagged higher Q1 costs and stepped‑up Salomon investment, which pressured near‑term profit expectations. Read More.
• Negative Sentiment: Some analysts are warning of an early slowdown in growth/momentum (notably around Arc’teryx), prompting at least one downgrade view—this raises risk that premium brand growth may moderate. Read More.
• Negative Sentiment: Market reaction: shares pulled back on the cautious near‑term outlook (reports of >7% intraday drops in some markets), reflecting investor focus on Q1 revenue and margin headwinds despite the quarter beat. Read More.

Hedge Funds Weigh In On Amer Sports

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AS. Scopus Asset Management L.P. bought a new position in shares of Amer Sports in the second quarter valued at approximately $108,562,000. Viking Global Investors LP lifted its position 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 acquiring an additional 2,462,832 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Amer Sports during the 2nd quarter worth $87,287,000. BNP Paribas Financial Markets raised its position in shares of Amer Sports by 244.5% during the second quarter. BNP Paribas Financial Markets now owns 2,533,612 shares of the company’s stock worth $98,203,000 after purchasing an additional 1,798,170 shares during the period. Finally, Alliancebernstein L.P. boosted its position in shares of Amer Sports by 1,983.1% in the 3rd quarter. Alliancebernstein L.P. now owns 1,764,308 shares of the company’s stock valued at $61,310,000 after purchasing an additional 1,679,612 shares during the period. 40.25% of the stock is owned by institutional investors.

Amer Sports Company Profile

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).