JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Academy Sports and Outdoors (NASDAQ:ASO) Stock

Academy Sports and Outdoors (NASDAQ:ASO) had its target price lifted by JPMorgan Chase & Co. from $56.00 to $60.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 13.06% from the company’s current price.

Other analysts have also recently issued research reports about the stock. UBS Group reduced their price objective on shares of Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating on the stock in a research note on Wednesday. Truist Financial reduced their target price on Academy Sports and Outdoors from $59.00 to $52.00 and set a “hold” rating on the stock in a report on Tuesday. Morgan Stanley increased their target price on shares of Academy Sports and Outdoors from $52.00 to $55.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Jefferies Financial Group reiterated a “buy” rating and set a $61.00 price target on shares of Academy Sports and Outdoors in a report on Tuesday. Finally, Bank of America lifted their price objective on Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 10th. Nine analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $58.78.

Academy Sports and Outdoors Trading Up 4.6%

Shares of ASO stock opened at $53.07 on Wednesday. The firm has a market capitalization of $3.42 billion, a P/E ratio of 9.54, a P/E/G ratio of 0.59 and a beta of 1.23. Academy Sports and Outdoors has a twelve month low of $33.34 and a twelve month high of $62.44. The company has a quick ratio of 0.32, a current ratio of 1.89 and a debt-to-equity ratio of 0.22. The stock’s fifty day simple moving average is $57.64 and its 200 day simple moving average is $52.47.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Academy Sports and Outdoors during the 2nd quarter worth $34,228,000. Junto Capital Management LP purchased a new stake in shares of Academy Sports and Outdoors during the 3rd quarter worth approximately $36,567,000. Boston Partners increased its stake in shares of Academy Sports and Outdoors by 85.5% during the 3rd quarter. Boston Partners now owns 1,302,141 shares of the company’s stock worth $65,416,000 after purchasing an additional 600,335 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Academy Sports and Outdoors by 128.2% in the 4th quarter. Invesco Ltd. now owns 833,769 shares of the company’s stock worth $41,655,000 after purchasing an additional 468,457 shares during the period. Finally, Hood River Capital Management LLC raised its stake in shares of Academy Sports and Outdoors by 125.0% in the second quarter. Hood River Capital Management LLC now owns 782,742 shares of the company’s stock valued at $35,075,000 after buying an additional 434,894 shares during the period.

Academy Sports and Outdoors News Roundup

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

• Positive Sentiment: Telsey Advisory Group reiterated an Outperform and keeps a $65 price target, signaling continued analyst conviction that ASO has upside from current levels. Telsey reiterates Outperform
• Positive Sentiment: JPMorgan raised its price target to $60 (now Neutral), which can support buying interest after the post-earnings drop. JPMorgan raises PT
• Positive Sentiment: Company plans to open up to 25 new stores in 2026 (including several in Texas), a growth catalyst that can drive revenue expansion and justify upside over time. Store expansion plans
• Neutral Sentiment: Short-interest notices show anomalous “0 shares” readings in mid-March — likely a reporting/data error and not meaningful evidence of a large short squeeze. (internal data)
• Neutral Sentiment: Valuation write-ups note the stock looks cheaper after the pullback, highlighting a P/E near the low end and a PEG under 1, which may attract value-oriented buyers if fundamentals stabilize. Valuation analysis
• Negative Sentiment: Q4 2025 missed both revenue and EPS expectations; comparable-store sales declined and management gave cautious FY26 comps guidance. Management flagged rising credit delinquencies, elevated inventories (up ~15% YoY) and softer traffic — all headwinds that prompted the earlier selloff. Earnings call transcript Earnings coverage
• Negative Sentiment: Several firms cut or trimmed price targets (UBS, Wells Fargo, Barclays lowered targets) which increased near-term selling pressure despite some offsetting raises/reiterates. Analyst PT moves

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.