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

Amer Sports (NYSE:AS) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.100-1.150 for the period, compared to the consensus earnings per share estimate of 1.080. The company issued revenue guidance of $7.6 billion-$7.7 billion, compared to the consensus revenue estimate of $7.1 billion. Amer Sports also updated its Q1 2026 guidance to 0.280-0.300 EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AS. Zacks Research cut Amer Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Evercore raised their price objective on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research report on Wednesday. Barclays began coverage on Amer Sports in a report on Tuesday, December 9th. They set an “overweight” rating and a $49.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amer Sports in a report on Monday, December 29th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Amer Sports from $53.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, November 17th. Two research 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 data from MarketBeat.com, Amer Sports has a consensus rating of “Buy” and an average price target of $47.12.

Amer Sports Stock Performance

NYSE:AS opened at $37.91 on Thursday. The stock has a 50 day simple moving average of $38.13 and a 200 day simple moving average of $36.23. The stock has a market cap of $21.00 billion, a P/E ratio of 50.55, a PEG ratio of 0.75 and a beta of 2.86. Amer Sports has a 1-year low of $20.21 and a 1-year high of $42.76. The company has a current ratio of 1.51, a quick ratio of 0.70 and a debt-to-equity ratio of 0.24.

Amer Sports (NYSE:AS) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. Amer Sports had a return on equity of 9.89% and a net margin of 6.51%.The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter last year, the business earned $0.17 EPS. The company’s quarterly revenue was up 28.5% compared to the same quarter last year. 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. Research analysts anticipate that Amer Sports will post 0.46 earnings per share for the current year.

Amer Sports News Roundup

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

• Positive Sentiment: Q4 beat and strong top‑line growth — Amer reported $0.31 EPS vs. $0.27 expected and revenue of $2.10B (up 28.5% y/y), driven by Arc’teryx and Salomon growth; this underpins the company’s upward momentum. Q4 Earnings Transcript
• Positive Sentiment: Stronger FY guidance — Management set FY‑2026 EPS of $1.10–$1.15 (above consensus) and revenue guidance of $7.6–$7.7B (above consensus), signaling confidence in medium‑term growth. FY 2026 Guidance Article
• Positive Sentiment: Analyst uplift — Evercore raised its price target to $51 and kept an “outperform” stance, implying significant upside potential if execution continues. (Evercore note)
• Neutral Sentiment: Operational expansion and leadership moves — Company highlights store openings in China and named Carrie Ask president of Wilson, moves that support distribution/retail execution but will take time to translate into profits. Leadership Appointment
• Neutral Sentiment: Investor materials and presentations available — Full earnings deck and call transcripts show details behind the beat and guidance for those wanting to model near‑term and FY impacts. Earnings Deck
• Negative Sentiment: Cautious Q1 outlook and near‑term revenue miss vs. Street — Q1 EPS guided to $0.28–$0.30 (at/just below consensus) and revenue guided to ~$1.8B vs. ~$2.0B expected; investors are concerned about near‑term margin pressure and higher costs. Benzinga: Stock Falls on Cautious Outlook
• Negative Sentiment: Market reaction and cost concerns — Coverage notes accelerated Salomon investment and higher Q1 costs that could compress near‑term margins; some commentary sees early signs of a slowdown in Arc’teryx momentum. Seeking Alpha: Growth Slowdown View
• Negative Sentiment: Short‑term sell pressure reflected in headlines — Several outlets report the shares were pulled lower after the cautious Q1/profit outlook despite the Q4 beat, contributing to today’s weakness. Investing.com: Shares Fall

Institutional Investors Weigh In On Amer Sports

A number of large investors have recently added to or reduced their stakes in the stock. Federation des caisses Desjardins du Quebec grew its holdings in shares of Amer Sports by 10.0% during the 4th 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 during the last quarter. Mackenzie Financial Corp lifted its stake in shares of Amer Sports by 1.1% in the 3rd quarter. Mackenzie Financial Corp now owns 48,745 shares of the company’s stock valued at $1,694,000 after acquiring an additional 540 shares during the last quarter. Moore Capital Management LP boosted its holdings in shares of Amer Sports by 3.6% during the 4th quarter. Moore Capital Management LP now owns 18,572 shares of the company’s stock valued at $694,000 after acquiring an additional 651 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in Amer Sports by 484.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after acquiring an additional 703 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in Amer Sports during the 4th quarter worth $27,000. Institutional investors and hedge funds 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).