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

Amer Sports (NYSE:AS) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.100-1.150 for the period, compared to the consensus EPS 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.

Amer Sports Stock Down 1.5%

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

Amer Sports (NYSE:AS) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. Amer Sports had a net margin of 5.10% and a return on equity of 8.51%. The business’s revenue for the quarter was up 28.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 earnings per share. 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 analysts expect that Amer Sports will post 0.46 EPS for the current year.

Wall Street Analyst Weigh In

AS has been the topic of a number of research analyst reports. Citigroup restated a “buy” rating on shares of Amer Sports in a research report on Thursday, October 30th. Wells Fargo & Company raised their price objective on Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Nomura set a $39.80 target price on Amer Sports and gave the stock a “buy” rating in a report on Tuesday, November 18th. Barclays began coverage on Amer Sports in a research note on Tuesday, December 9th. They set an “overweight” rating and a $49.00 price target on the stock. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Amer Sports in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $46.95.

More Amer Sports News

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

Several institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC acquired a new stake in shares of Amer Sports in the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd grew its stake in Amer Sports by 484.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after acquiring an additional 703 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Amer Sports by 241.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after acquiring an additional 848 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Amer Sports by 174.3% in the 2nd 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 during the period. Finally, Daiwa Securities Group Inc. acquired a new position in Amer Sports during the fourth quarter worth $84,000. 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).