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

Posted by Brian Himes on Aug 19th, 2026

Amer Sports (NYSE:AS – Get Free Report) issued an update on 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 earnings per share 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 Trading Up 2.9%

Shares of AS stock opened at $33.50 on Wednesday. The stock has a market capitalization of $18.55 billion, a price-to-earnings ratio of 41.87, a PEG ratio of 1.12 and a beta of 2.05. The company’s fifty day simple moving average is $34.96 and its two-hundred day simple moving average is $35.36. Amer Sports has a 1 year low of $28.92 and a 1 year high of $42.76. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 0.82.

Amer Sports (NYSE:AS – Get Free Report) last posted its earnings results on Monday, August 17th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.11. Amer Sports had a net margin of 6.50% and a return on equity of 10.29%. The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the prior year, the company posted $0.03 EPS. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. As a group, analysts anticipate that Amer Sports will post 1.23 earnings per share for the current year.

Analysts Set New Price Targets

AS has been the subject of a number of recent research reports. Truist Financial boosted their target price on Amer Sports from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Barclays reaffirmed an “overweight” rating on shares of Amer Sports in a research report on Wednesday. Piper Sandler reiterated an “overweight” rating and issued a $45.00 price objective on shares of Amer Sports in a report on Monday, July 27th. Robert W. Baird set a $51.00 target price on Amer Sports in a research note on Wednesday, May 20th. Finally, JPMorgan Chase & Co. boosted their target price on Amer Sports from $59.00 to $64.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Two equities 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 MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $49.70.

Get Our Latest Research Report on AS

Insider Transactions at Amer Sports

In other news, CEO Jie (James) Zheng sold 500,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $34.42, for a total value of $17,210,000.00. Following the completion of the transaction, the chief executive officer 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andrew E. Page sold 105,230 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $36.75, for a total value of $3,867,202.50. Following the completion of the sale, the chief financial officer directly owned 4,083 shares in the company, valued at approximately $150,050.25. The trade was a 96.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 833,580 shares of company stock worth $29,200,266 over the last quarter.

Key Amer Sports News

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

Positive Sentiment: Q2 results exceeded expectations: Amer Sports reported adjusted EPS of $0.22, versus the $0.11 consensus estimate, while revenue rose 32.1% year over year to $1.63 billion, topping forecasts of $1.54 billion. EPS increased from $0.03 in the prior-year quarter. Amer Sports Beats Q2 Earnings and Revenue Estimates
Positive Sentiment: Broad-based brand momentum supported growth: Management cited strong double-digit growth across segments, regions and channels, led by Salomon softgoods, Arc’teryx and Wilson Tennis. Amer Sports Reports Second Quarter 2026 Financial Results
Positive Sentiment: Full-year outlook was raised: Amer Sports increased 2026 EPS guidance to $1.27-$1.30, above the $1.26 consensus, and lifted revenue guidance to approximately $8.1 billion from expectations of about $8.0 billion. The company also raised full-year revenue, margin and EPS guidance. Arc’teryx Owner Amer Sports Increases Guidance
Neutral Sentiment: Gross margin benefited from tariff refunds: Second-quarter gross margin reached 65.6%, aided partly by tariff refunds as well as brand strength. Investors may view the refund contribution as less repeatable than underlying operating improvement. Amer Sports Q2 2026 Gross Margin
Negative Sentiment: Near-term EPS guidance lagged estimates: Third-quarter EPS guidance of $0.31-$0.33 was below the $0.38 analyst consensus, although revenue guidance of approximately $2.1 billion was broadly in line. This weaker near-term outlook is likely the main pressure on the stock despite the full-year raise.

Institutional Trading of Amer Sports

Several hedge funds and other institutional investors have recently made changes to their positions in AS. Kestra Advisory Services LLC purchased a new position in Amer Sports in the 4th quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Amer Sports by 484.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after purchasing an additional 703 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock worth $42,000 after purchasing an additional 848 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Amer Sports by 174.3% during the second quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock valued at $63,000 after purchasing an additional 1,011 shares in the last quarter. Finally, Daiwa Securities Group Inc. bought a new position in shares of Amer Sports during the fourth quarter valued at $84,000. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Amer Sports Company Profile

(Get Free Report)

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).