Academy Sports and Outdoors (ASO) Stock Forecast & Price Target

$45.40 +0.14 (+0.31%)

(As of 12:35 PM ET)

Academy Sports and Outdoors - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 14 Analyst Ratings

Sell
0

Hold
8

Buy
6

Based on 14 Wall Street analysts who have issued ratings for Academy Sports and Outdoors in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 8 have given a hold rating, and 6 have given a buy rating for ASO.

Consensus Price Target

$61.57
35.62% Upside

According to the 14 analysts' twelve-month price targets for Academy Sports and Outdoors, the average price target is $61.57. The highest price target for ASO is $77.00, while the lowest price target for ASO is $50.00. The average price target represents a forecasted upside of 35.62% from the current price of $45.40.

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ASO Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)	16 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$61.57	$62.50	$64.73	$68.68
Forecasted Upside	35.62% Upside	15.29% Upside	18.80% Upside	41.88% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy

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ASO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ASO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Academy Sports and Outdoors Stock vs. The Competition

Type	Academy Sports and Outdoors	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.43	2.56	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	36.04% Upside	1,210.11% Upside	9.83% Upside
News Sentiment Rating	Positive News See Recent ASO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/19/2024	Truist Financial 2 of 5 stars	J. Civello Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$63.00 ➝ $50.00	+7.30%
10/3/2024	Evercore ISI 2 of 5 stars	G. Melich Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ In-Line	$65.00 ➝ $60.00	+7.99%
9/11/2024	Jefferies Financial Group 2 of 5 stars		Lower Target	Buy ➝ Buy	$68.00 ➝ $64.00	+17.00%
9/11/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Gaertner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$46.00 ➝ $51.00	-5.03%
9/11/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$60.00 ➝ $60.00	+11.73%
9/11/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$77.00 ➝ $77.00	+39.90%
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9/11/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Kernan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$54.00 ➝ $56.00	+1.74%
9/11/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$65.00 ➝ $65.00	+17.37%
9/5/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$65.00 ➝ $65.00	+21.02%
8/5/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$76.00 ➝ $53.00	+7.86%
6/12/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$80.00 ➝ $68.00	+31.55%
6/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Lasser Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$81.00 ➝ $58.00	+12.21%
6/11/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$75.00 ➝ $63.00	+20.92%
3/25/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$65.00 ➝ $72.00	+10.11%
8/28/2023	Gordon Haskett Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Accumulate ➝ Hold	$56.00 ➝ $52.00	+6.58%
6/29/2023	B. Riley Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$63.00	+19.27%
5/1/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$70.00 ➝ $73.00	+14.44%
3/17/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$75.00 ➝ $85.00	+30.87%
2/17/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$65.00 ➝ $72.00	+14.91%
2/16/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$72.00	+20.00%
12/8/2022	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$76.00 ➝ $80.00	+40.67%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:52 PM ET.

ASO Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Academy Sports and Outdoors is $61.57, with a high forecast of $77.00 and a low forecast of $50.00.
: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Academy Sports and Outdoors in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ASO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASO, but not buy additional shares or sell existing shares.
: According to analysts, Academy Sports and Outdoors's stock has a predicted upside of 35.62% based on their 12-month stock forecasts.
: Over the previous 90 days, Academy Sports and Outdoors's stock had 2 downgrades by analysts.
: Academy Sports and Outdoors has been rated by research analysts at Evercore ISI, Jefferies Financial Group, Loop Capital, Morgan Stanley, TD Cowen, Telsey Advisory Group, Truist Financial, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like Academy Sports and Outdoors less than other "consumer discretionary" companies. The consensus rating for Academy Sports and Outdoors is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how ASO compares to other companies.

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This page (NASDAQ:ASO) was last updated on 11/21/2024 by MarketBeat.com Staff

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Academy Sports and Outdoors (ASO) Stock Forecast & Price Target