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

Posted by Geri Gentry on Aug 19th, 2026

Amer Sports (NYSE:AS – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.270-1.300 for the period, compared to the consensus estimate of 1.260. The company issued revenue guidance of $8.1 billion-$8.1 billion, compared to the consensus revenue estimate of $8.0 billion. Amer Sports also updated its Q3 2026 guidance to 0.310-0.330 EPS.

Amer Sports Stock Up 2.9%

Shares of AS opened at $33.50 on Wednesday. The stock has a market capitalization of $18.55 billion, a PE ratio of 41.87, a P/E/G 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. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.82 and a current ratio of 1.66. The company’s 50-day simple moving average is $34.96 and its 200-day simple moving average is $35.36.

Amer Sports (NYSE:AS – Get Free Report) last posted its quarterly earnings data on Monday, August 17th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.11 by $0.11. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. Amer Sports had a net margin of 6.50% and a return on equity of 10.29%. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.03 earnings per share. Analysts forecast that Amer Sports will post 1.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AS has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $52.00 price target on shares of Amer Sports in a research report on Wednesday, May 20th. Piper Sandler reiterated an “overweight” rating and issued a $45.00 price objective on shares of Amer Sports in a research note on Monday, July 27th. JPMorgan Chase & Co. lifted their target price on Amer Sports from $59.00 to $64.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Barclays reissued an “overweight” rating on shares of Amer Sports in a research note on Wednesday. Finally, UBS Group upped their price target on Amer Sports from $60.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Amer Sports currently has a consensus rating of “Buy” and a consensus target price of $49.70.

View Our Latest Research Report on AS

Insider Activity

In related news, CEO Stuart Haselden sold 215,275 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $35.57, for a total value of $7,657,331.75. Following the transaction, the chief executive officer owned 215,275 shares of the company’s stock, valued at $7,657,331.75. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 completion of the transaction, the chief executive officer directly owned 1,262,385 shares in the company, valued at $43,451,291.70. This trade represents a 28.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 833,580 shares of company stock valued at $29,200,266 over the last quarter.

Key Stories Impacting Amer Sports

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

Positive Sentiment: Amer Sports reported second-quarter earnings of $0.22 per share, double Wall Street’s $0.11 consensus, while revenue rose 32.1% year over year to $1.63 billion, above the $1.54 billion estimate. Amer Sports Beats Q2 Earnings and Revenue Estimates
Positive Sentiment: Management raised its full-year 2026 revenue, margin and EPS outlook, now projecting revenue of approximately $8.1 billion and EPS of $1.27-$1.30, ahead of consensus estimates of $8.0 billion and $1.26, respectively. Amer Sports Reports Second Quarter 2026 Financial Results
Positive Sentiment: Growth was broad-based across regions, channels and segments. Salomon softgoods, Arc’teryx and Wilson Tennis were highlighted as key drivers, while management said strong momentum and brand demand could support additional sales and profit upside. Arc’teryx Owner Amer Sports Increases Guidance
Neutral Sentiment: Second-quarter gross margin increased to 65.6%, helped partly by tariff refunds as well as brand strength. The refund benefit may not fully recur, making future margin expansion important to sustaining the improved outlook. Amer Sports Q2 2026 Gross Margin
Negative Sentiment: Amer Sports’ third-quarter EPS guidance of $0.31-$0.33 is below the $0.38 analyst consensus, although projected revenue of about $2.1 billion is in line with expectations. This near-term earnings caution could limit further upside.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Federation des caisses Desjardins du Quebec grew its holdings in shares of Amer Sports by 10.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,466 shares of the company’s stock worth $167,000 after buying an additional 405 shares during the last quarter. Mackenzie Financial Corp grew 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 purchasing an additional 540 shares during the last quarter. Moore Capital Management LP increased its holdings in shares of Amer Sports by 3.6% in the fourth quarter. Moore Capital Management LP now owns 18,572 shares of the company’s stock valued at $694,000 after purchasing an additional 651 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of 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 purchasing an additional 703 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Amer Sports during the fourth quarter worth $27,000. 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).