Academy Sports and Outdoors (NASDAQ:ASO) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Academy Sports and Outdoors (NASDAQ:ASO) had its price target lifted by stock analysts at Wells Fargo & Company from $52.00 to $56.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective points to a potential upside of 0.57% from the company’s previous close.

Several other equities analysts have also recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and set a $61.00 price target on shares of Academy Sports and Outdoors in a research report on Tuesday, March 17th. Barclays lifted their price target on Academy Sports and Outdoors from $49.00 to $55.00 and gave the company an “equal weight” rating in a research report on Wednesday. UBS Group lowered their price target on Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Guggenheim lifted their price target on Academy Sports and Outdoors from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $65.00 price target on shares of Academy Sports and Outdoors in a research report on Tuesday, March 17th. Five equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $58.43.

Academy Sports and Outdoors Stock Down 0.9%

Shares of ASO stock opened at $55.68 on Wednesday. Academy Sports and Outdoors has a 1 year low of $34.77 and a 1 year high of $62.44. The stock has a market cap of $3.58 billion, a PE ratio of 10.01, a price-to-earnings-growth ratio of 0.87 and a beta of 1.21. The business’s fifty day moving average is $57.31 and its 200-day moving average is $53.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.44 and a current ratio of 1.89.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings results on Tuesday, March 17th. The company reported $1.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.05 by ($0.08). Academy Sports and Outdoors had a net margin of 6.22% and a return on equity of 17.88%. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.76 billion. During the same quarter last year, the business posted $1.96 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts expect that Academy Sports and Outdoors will post 5.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Academy Sports and Outdoors

Hedge funds have recently modified their holdings of the stock. Salomon & Ludwin LLC grew its holdings in shares of Academy Sports and Outdoors by 139.8% in the 4th quarter. Salomon & Ludwin LLC now owns 482 shares of the company’s stock worth $26,000 after acquiring an additional 281 shares during the last quarter. Huntington National Bank grew its holdings in shares of Academy Sports and Outdoors by 47.3% in the 3rd quarter. Huntington National Bank now owns 1,015 shares of the company’s stock worth $51,000 after acquiring an additional 326 shares during the last quarter. Bayforest Capital Ltd acquired a new position in shares of Academy Sports and Outdoors in the 4th quarter worth $51,000. Nisa Investment Advisors LLC grew its holdings in shares of Academy Sports and Outdoors by 32.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,025 shares of the company’s stock worth $51,000 after acquiring an additional 252 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in shares of Academy Sports and Outdoors by 117.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,113 shares of the company’s stock worth $56,000 after acquiring an additional 602 shares during the last quarter.

Key Academy Sports and Outdoors News

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

• Positive Sentiment: Management raised FY2026 guidance: EPS guidance of $6.10–$6.60 vs. consensus $5.98, and revenue guidance of $6.2B–$6.4B vs. consensus ~$6.2B. The EPS range tops analysts’ estimate and revenue midpoint implies modest growth — a clear positive fundamental catalyst for ASO.
• Positive Sentiment: Guggenheim raised its price target from $60 to $65 and kept a “buy” rating, implying ~16–17% upside from current levels — a bullish analyst signal that may attract buyers. Benzinga – Guggenheim PT Raise
• Positive Sentiment: Wells Fargo raised its target to $56 and maintained an “equal weight” rating — a modest improvement to street sentiment that supports the stronger FY outlook. Benzinga – Wells Fargo PT Raise
• Neutral Sentiment: Q1 2026 guidance issued with revenue of ~$1.4B (range effectively flat to consensus) but the EPS figure was not provided in the release text, leaving first-quarter profit expectations unclear and creating short‑term estimate risk.
• Neutral Sentiment: Company presented at the J.P. Morgan Retail Round‑Up and published investor-day slides/transcript this week — these materials reiterate strategy and growth initiatives but contain no major surprises; useful for modeling longer‑term margins and capital allocation. JPMorgan Presentation Transcript Investor Day Slideshow
• Neutral Sentiment: Coverage pieces and sector notes provide mixed analyst views and deeper comparisons to peers; these help context but don’t change near‑term fundamentals materially. Globe & Mail – Analyst Sentiment AmericanBankingNews Analysis MSN – Guidance Update
• Negative Sentiment: Barclays raised its target to $55 but kept an “equal weight” rating; the $55 target sits slightly below the current market price, implying limited near‑term upside per that house view and potentially capping upside from the guidance beat. Benzinga – Barclays PT Raise

Academy Sports and Outdoors Company Profile

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.