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

Amer Sports (NYSE:AS) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share 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.

Amer Sports Stock Performance

NYSE:AS opened at $32.60 on Tuesday. The firm has a 50-day moving average of $34.98 and a two-hundred day moving average of $35.38. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 0.82. The stock has a market cap of $18.06 billion, a P/E ratio of 40.75, a PEG ratio of 1.12 and a beta of 2.05. Amer Sports has a 1-year low of $28.92 and a 1-year high of $42.76.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Monday, August 17th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.11. Amer Sports had a return on equity of 10.29% and a net margin of 6.50%.The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the business posted $0.03 earnings per share. On average, research analysts expect that Amer Sports will post 1.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $52.00 price target on shares of Amer Sports in a research report on Wednesday, May 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Amer Sports in a research note on Friday, July 24th. UBS Group raised their price objective on shares of Amer Sports from $60.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Robert W. Baird set a $51.00 target price on shares of Amer Sports in a research report on Wednesday, May 20th. Finally, Truist Financial upped their target price on shares of Amer Sports from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $49.70.

Insider Transactions at Amer Sports

In related news, insider Wen-Chang (Victor) Chen sold 13,075 shares of the firm’s 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 transaction, the insider directly owned 149,821 shares in the company, valued at $5,336,624.02. This trade represents a 8.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jie (James) Zheng sold 500,000 shares of Amer Sports stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $34.42, for a total transaction 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 approximately $43,451,291.70. This represents a 28.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 833,580 shares of company stock valued at $29,200,266 over the last 90 days.

Institutional Trading of Amer Sports

Institutional investors and hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new position in shares of Amer Sports in the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd raised its stake in Amer Sports by 484.8% during the third 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 period. PNC Financial Services Group Inc. raised its stake in Amer Sports by 241.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock worth $42,000 after acquiring an additional 848 shares during the period. Smartleaf Asset Management LLC lifted 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 worth $63,000 after acquiring an additional 1,011 shares during the last quarter. Finally, Daiwa Securities Group Inc. bought a new position in Amer Sports in the fourth quarter worth about $84,000. 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).