Guggenheim Raises Academy Sports and Outdoors Price Target to $65

Analysts see upside potential for the sporting goods retailer's stock.

Apr. 8, 2026 at 1:29pm

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Guggenheim analysts have raised their price target for Academy Sports and Outdoors (NASDAQ:ASO) from $60 to $65, maintaining a 'buy' rating on the stock. The new target price represents a potential upside of 13.68% from the company's current trading price.

Why it matters

The price target increase reflects Guggenheim's positive outlook on Academy Sports and Outdoors, one of the leading specialty retailers of sporting goods and outdoor equipment in the United States. The company's strong performance and growth potential have attracted the attention of Wall Street analysts.

The details

In their research note, Guggenheim cited the company's solid financial results and expansion plans as reasons for the price target increase. Academy Sports and Outdoors has been expanding its brick-and-mortar footprint and enhancing its e-commerce capabilities to better serve its customers.

  • Guggenheim issued the updated price target on April 8, 2026.

The players

Academy Sports and Outdoors

A leading specialty retailer of sporting goods and outdoor equipment, operating more than 260 stores across the United States.

Guggenheim

A financial services firm that provides research coverage and investment recommendations on Academy Sports and Outdoors.

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What’s next

Investors will be closely watching Academy Sports and Outdoors' financial performance and growth initiatives in the coming quarters to see if the company can deliver on the increased price target set by Guggenheim.

The takeaway

The price target increase from Guggenheim reflects the analysts' confidence in Academy Sports and Outdoors' ability to capitalize on the growing demand for sporting goods and outdoor equipment, as the company continues to expand its retail footprint and e-commerce capabilities.