FMP

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Sees Positive Price Target from Truist Financial

  • Truist Financial sets a price target of $57 for NASDAQ:ASO, indicating a potential increase of about 5.15%.
  • Despite challenges in the retail sector, ASO shows signs of improvement in comparable sales and returns to positive earnings growth with strong gains in gross margins.
  • ASO's stock demonstrates volatility but remains a significant player in the retail market with a market capitalization of approximately $3.6 billion.

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is a well-known retailer specializing in sporting goods and outdoor recreational products. The company operates numerous stores across the United States, offering a wide range of products from sports equipment to outdoor gear. ASO competes with other major retailers in the sector, such as Dick's Sporting Goods and Bass Pro Shops.

On December 10, 2025, Truist Financial set a price target of $57 for ASO. At that time, ASO's stock price was $54.21, suggesting a potential increase of about 5.15%. This target reflects optimism about ASO's future performance, despite recent challenges in the retail sector.

ASO has faced subdued comparable growth in the third quarter, a trend seen across the retail industry. However, ASO's performance has been weaker than its competitors. Despite this, there are signs of improvement in comparable sales, indicating potential stabilization as consumer sentiment improves.

ASO has returned to positive earnings growth, driven by strong gains in gross margins. This improvement is a positive sign for investors, as it suggests the company is managing its costs effectively and increasing profitability. The current stock price of $54.02 reflects a 1.78% increase, with a daily rise of $0.95.

ASO's stock has shown volatility, with a trading range between $52.82 and $54.36 today. Over the past year, the stock has reached a high of $61.25 and a low of $33.34. With a market capitalization of approximately $3.6 billion and a trading volume of 411,174 shares, ASO remains a significant player in the retail market.