Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Maintains "Buy" Rating from Jefferies

Font: Financial Modeling Prep  • Mar 17, 2026

• Jefferies maintains a "Buy" rating for NASDAQ:ASO, with a revised price target of $61 despite a current trading price of $49.90.
• The stock has shown significant volatility, with a yearly high of $62.45 and a low of $33.34, reflecting a -11.70% decrease to its current price.
• With a market capitalization of approximately $3.33 billion and a trading volume of 4,995,590 shares, ASO demonstrates strong investor interest and market presence.

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. Academy Sports competes with other major retailers like Dick's Sporting Goods and Bass Pro Shops.

On March 17, 2026, Jefferies maintained its "Buy" rating for ASO, with the stock trading at $49.90. Despite lowering the price target to $61, Jefferies remains confident in the stock's potential for growth. This optimism is supported by the company's recent Q4 2026 earnings call, which provided insights into its performance and future strategies.

The stock's current price of $49.90 reflects a decrease of $6.61, or approximately -11.70%. During the trading day, ASO's stock fluctuated between a low of $49.58 and a high of $54.74. Over the past year, the stock has experienced a high of $62.45 and a low of $33.34, indicating significant volatility.

ASO's market capitalization stands at approximately $3.33 billion, highlighting its substantial presence in the retail sector. The trading volume for the day reached 4,995,590 shares, suggesting active investor interest. These figures underscore the stock's potential for movement, aligning with Jefferies' positive outlook.

Investors can access the Q4 2026 earnings call transcript on Seeking Alpha for detailed financial figures and strategic insights. This information is crucial for understanding the company's performance and future prospects, reinforcing Jefferies' confidence in ASO's upward trajectory.