Academy Sports and Outdoors (NASDAQ:ASO) Price Target Raised to $58.00

Academy Sports and Outdoors (NASDAQ:ASO) had its target price raised by analysts at UBS Group from $55.00 to $58.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 13.71% from the company’s current price.

Several other research firms have also recently weighed in on ASO. Barclays lifted their price target on shares of Academy Sports and Outdoors from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Thursday. JPMorgan Chase & Co. reduced their price target on shares of Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. Truist Financial decreased their price target on shares of Academy Sports and Outdoors from $54.00 to $52.00 and set a “hold” rating for the company in a research note on Wednesday, June 10th. Wells Fargo & Company upgraded shares of Academy Sports and Outdoors from a “negative” rating to a “buy” rating in a report on Thursday. Finally, The Goldman Sachs Group reduced their target price on Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $58.14.

Academy Sports and Outdoors Trading Down 0.3%

ASO stock opened at $51.01 on Thursday. The company has a market capitalization of $3.16 billion, a PE ratio of 8.84, a price-to-earnings-growth ratio of 0.65 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.36 and a current ratio of 1.68. Academy Sports and Outdoors has a one year low of $41.29 and a one year high of $62.44. The company’s 50 day moving average price is $46.83 and its two-hundred day moving average price is $51.65.

Academy Sports and Outdoors (NASDAQ:ASO) last released its earnings results on Wednesday, September 9th. The company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.07 by $0.24. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the firm earned $1.94 EPS. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. As a group, analysts predict that Academy Sports and Outdoors will post 6.01 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Academy Sports and Outdoors

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Academy Sports and Outdoors in the second quarter worth about $468,146,000. Kingsview Wealth Management LLC purchased a new stake in Academy Sports and Outdoors during the fourth quarter valued at approximately $2,660,000. Fund 1 Investments LLC bought a new stake in Academy Sports and Outdoors in the second quarter worth $1,414,000. Systematic Financial Management LP lifted its holdings in shares of Academy Sports and Outdoors by 22.7% in the 4th quarter. Systematic Financial Management LP now owns 319,748 shares of the company’s stock worth $15,975,000 after acquiring an additional 59,051 shares during the last quarter. Finally, King Luther Capital Management Corp raised its holdings in shares of Academy Sports and Outdoors by 12.6% in the fourth quarter. King Luther Capital Management Corp now owns 1,573,073 shares of the company’s stock worth $78,591,000 after buying an additional 176,463 shares during the period.

Key Headlines Impacting Academy Sports and Outdoors

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Adjusted second-quarter EPS was $2.31, ahead of the approximately $2.07-$2.10 analyst consensus and up 19.1% from $1.94 a year earlier. Revenue rose 3.0% to $1.65 billion, in line with expectations. Academy Sports + Outdoors Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Academy raised its fiscal 2026 EPS guidance to $6.50-$6.90 while maintaining revenue expectations of roughly $6.2-$6.4 billion. The improved outlook was supported by cost discipline, e-commerce momentum and the benefit of tariff refunds, although that benefit is expected to diminish. Academy Sports And Outdoors Boosts FY26 EPS Outlook
• Positive Sentiment: E-commerce sales increased 12.8%, and newly opened stores produced mid-single-digit comparable sales growth, indicating that expansion and digital initiatives are gaining traction. Academy Sports + Outdoors Raises Annual Profit Forecast
• Neutral Sentiment: Investors and analysts view ASO as potentially undervalued following the rally, with a low earnings multiple and stable underlying earnings power supporting the bullish case. However, the valuation argument is dependent on continued execution. Academy Sports and Outdoors: The Market’s Pessimism Is an Opportunity
• Negative Sentiment: Comparable sales declined 0.4%, highlighting weaker consumer demand and a performance gap versus some sporting-goods peers. The soft store base also keeps investors focused on whether growth can accelerate after temporary tariff-related benefits fade.

About Academy Sports and Outdoors

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company’s product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.