ASO Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Increased demand during holiday sales could see ASO rise above $60, supported by positive sentiment from recent earnings and strategic initiatives.




Bearish Case: Continued leadership uncertainty and macroeconomic pressures could push ASO down to the $45 level, reflecting weakened consumer spending and investor confidence.




Potential Outcomes:

1) Holiday sales surpass expectations (35%): ASO rises to $62.

2) Leadership struggles affect strategy (45%): ASO declines to $45.

3) Market corrections impact all retail (20%): ASO plateaus around $50.




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November 13, 2024


Academy Sports and Outdoors Forecast

ASO        Academy Sports and Outdoors











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Anticorrelated Assets

Assets that tend to move strongly against ASO



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