Academy Sports and Outdoors, Inc. ($ASO) Stock Forecast: Down 5.1% Today

What is Academy Sports and Outdoors, Inc.?

Academy Sports (ASO) is a retail company that offers a wide range of sporting goods and outdoor equipment. The overall market sentiment for ASO has been bearish today.

Why is Academy Sports and Outdoors, Inc. going down?

ASO stock is down 5.1% on Jul 31, 2025 17:26

• Positive rating and increased price forecast from an analyst group could not offset the bearish movement, indicating that other factors might have influenced the stock's decline.
• The upgrade of Academy Sports' stores with RFID scanners and expanded Nike and Jordan shop-in-shops might not have had an immediate positive impact on the stock price.
• Investors may have been expecting stronger sales conversion and inventory accuracy improvements from the store upgrades, leading to disappointment and selling pressure on the stock.
• The market may be reacting to broader economic concerns or sector-specific challenges impacting Academy Sports, overshadowing the positive developments mentioned in previous reports.

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Nike And Jordan Power Academy Sports' Store Upgrade - Academy Sports ( NASDAQ:ASO )

Telsey Advisory Group maintains an Outperform rating on ASO and raises its 12‑month price forecast from $58 to $65. Academy deployed RFID scanners and expanded Nike and Jordan shop‑in‑shops to enhance inventory accuracy and sales conversion. Up Next: Get 5 Dark Horse Stocks Wall Street Is ...

https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46615196/nike-and-jordan-power-academy-sports-store-upgrade

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Academy Sports and Outdoors, Inc. Price History

31.06.2025 - ASO Stock was down 5.1%

• Positive rating and increased price forecast from an analyst group could not offset the bearish movement, indicating that other factors might have influenced the stock's decline.
• The upgrade of Academy Sports' stores with RFID scanners and expanded Nike and Jordan shop-in-shops might not have had an immediate positive impact on the stock price.
• Investors may have been expecting stronger sales conversion and inventory accuracy improvements from the store upgrades, leading to disappointment and selling pressure on the stock.
• The market may be reacting to broader economic concerns or sector-specific challenges impacting Academy Sports, overshadowing the positive developments mentioned in previous reports.

10.08.2024 - ASO Stock was up 7.1%

• ASO's Q2 earnings matched estimates, showing stability in its financial performance.
• Analysts expected a slight decrease in quarterly earnings compared to the previous year, but the company still managed to outperform these expectations.
• The positive earnings report may have boosted investor confidence in ASO's growth potential, leading to the bullish market movement.
• Overall, the market reacted positively to ASO's earnings results, indicating a favorable outlook for the company's future performance.

10.11.2024 - ASO Stock was up 2.9%

• Despite lower sales and profit in Q3 and a cut in outlook for 2024, ASO stock surprisingly experienced a strong bullish movement.
• The market might be reacting positively to ASO's expansion plans and the opening of five new locations, indicating potential growth opportunities.
• Investors could also be optimistic about the company's ability to navigate through challenges and improve performance in the future, leading to the bullish movement.
• The bearish Q3 results might have already been priced in, and the market might be focusing on the long-term potential of Academy Sports and Outdoors, Inc.

10.11.2024 - ASO Stock was up 5.2%

• ASO struggled in Q3 with lower sales and profit, but its stock showed a bullish trend, suggesting investor optimism about its future prospects.
• The company's expansion efforts and opening of five new locations may have contributed to the positive market sentiment, highlighting growth possibilities.
• Despite Q3 earnings and revenues falling below estimates, market activity indicates investor focus on ASO's long-term growth potential.
• ASO's lowered 2024 outlook could have been overshadowed by the positive news of new store openings, driving the bullish movement in the company's stock.

11.08.2024 - ASO Stock was up 5.1%

• ASO reported Q2 earnings of $2.03 per share, matching estimates and showing resilience compared to the previous year.
• The market reacted positively to the earnings report, indicating investor confidence in the company's performance.
• Analysts had anticipated a slight decrease in earnings from the year-ago period, but the in-line results may have exceeded some expectations, leading to the bullish movement in the stock price.
• The consistent performance and meeting of estimates suggest that ASO is maintaining stability and potentially attracting more investors seeking reliable returns.

10.08.2024 - ASO Stock was down 5.3%

• The bearish movement in ASO stock today could be attributed to the lower-than-expected earnings report for the second quarter, with earnings per share coming in at $2.03 compared to $2.09 in the previous year.
• The revised price expectations by Wall Street forecasters might have also influenced the negative sentiment surrounding the stock, leading to increased selling pressure.
• Investors may have reacted to the earnings report by selling off their positions in ASO, causing a decline in the stock price as they reassess the company's performance and future prospects.

13.08.2024 - ASO Stock was up 5.4%

• Despite meeting earnings estimates, ASO observed a bullish market movement driven by positive sentiment regarding the company's performance.
• The market responded positively to the earnings results, even though sales fell short of estimates and the guidance for 2024 was reduced. This suggests that investors may be emphasizing other favorable aspects of the report.
• ASO's consistent earnings performance in line with estimates likely bolstered investor confidence, contributing to the bullish movement.
• The adjustment of price expectations by analysts for ASO prior to the earnings release may have also played a role in fostering positive market sentiment, pushing the stock price upward.

01.03.2025 - ASO Stock was up 5.0%

• ASO's bullish movement can be attributed to the company's expansion efforts, reaching a milestone of 300 stores with new openings in two debut markets.
• The expansion indicates a growing customer base and increased demand for sports and outdoor equipment, boosting investor confidence in ASO's future growth prospects.
• Investors may view the expansion as a strategic move to capture new markets and drive revenue, leading to increased buying interest and driving the stock price higher.

11.11.2024 - ASO Stock was up 5.4%

• ASO stock had a strong bullish movement despite missing earnings and revenue estimates for Q3.
• The market might be reacting positively due to potential future strategies announced by the company to overcome the challenges faced in the tough month of October.
• Investors could be optimistic about ASO's ability to bounce back and improve its performance in the upcoming quarters, leading to the bullish movement in the stock.
• The market seems to be focusing on the long-term outlook and potential growth opportunities for Academy Sports and Outdoors, rather than solely on the Q3 results.

15.07.2024 - ASO Stock was up 5.4%

• Strategic moves in Q2 2024, particularly focusing on Academy Sports and Outdoors Inc., have likely sparked investor interest and confidence in the company's future prospects.
• The spotlight on ASO may have highlighted potential growth opportunities, leading to increased buying activity and driving the stock price higher.
• Investors may view the involvement with ASO as a positive endorsement of the company's strategic direction, contributing to the bullish movement in the stock today.

10.05.2025 - ASO Stock was up 6.4%

• Strong bullish movement in ASO stock could be attributed to the positive sentiment from top Wall Street forecasters revamping their expectations ahead of the Q1 earnings release.
• The anticipation of Academy Sports and Outdoors potentially outperforming the Wall Street estimates for key metrics in the first quarter could have fueled investor optimism and buying interest in the stock.
• The revised expectations of ASO reporting earnings at 89 cents per share, although lower than the year-ago period, might have been perceived positively by investors, leading to the bullish market movement.

13.05.2025 - ASO Stock was down 5.1%

• ASO experienced a bearish movement following the release of its Q1 results, which fell short of analyst expectations.
• The company reported lower-than-expected earnings per share and net sales, leading to a negative sentiment among investors.
• The disappointing financial performance of ASO in Q1 prompted analysts to revise their forecasts, indicating concerns about the company's future growth prospects.
• The market reaction suggests that investors are cautious about the company's ability to meet its financial targets and sustain its growth trajectory in the competitive retail industry.