ASO
Academy Sports and Outdoors, Inc.
ASO has a slight edge over TSLA overall, supported by stronger fundamentals and lower modeled downside.
TSLA
Tesla, Inc.
TSLA offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
ASO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
ASO's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
TSLA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Strong |
TSLA's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
ASO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.5x | $39.11 | -42% |
| Fair | 8.2x | $48.95 | -27% |
| Expensive | 9.6x | $57.29 | -15% |
| Forward | 9.7x | $67.29 | — |
| Current | 11x | $67.29 | — |
Historical ranges are pointers, not guarantees.
ASO has the edge over TSLA in the historical PE scenario, which offers more potential upside but is not a forecast.
TSLA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 60x | $54.70 | -86% |
| Fair | 174x | $158 | -60% |
| Forward | 196x | $397 | — |
| Expensive | 415x | $378 | -4.9% |
| Current | 437x | $397 | — |
Historical ranges are pointers, not guarantees.
TSLA's PE is in its expensive range at 437x. If earnings grow as analysts expect, today's price would be 196x next year's earnings, in its fair range.
ASO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect ASO's earnings to grow, with its revenue and profitability holding steady.
TSLA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
TSLA has the edge over ASO on the outlook, with more favorable revenue expectations.
ASO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.94 | +16% |
| Q3 2026 | $5.98 | +12% |
| Q2 2026 | $5.66 | +4% |
| Q1 2026 | $5.54 | -4% |
| Q4 2025 | $5.47 | -10% |
| Q3 2025 | $5.34 | -18% |
| Q2 2025 | $5.44 | -17% |
| Q1 2025 | $5.77 | -14% |
| Q4 2024 | $6.09 | -6% |
ASO has the edge over TSLA on earnings, with more consistent year-over-year improvement.
TSLA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.03 | +123% |
| Q3 2026 | $0.91 | -39% |
| Q2 2026 | $1.08 | -38% |
| Q1 2026 | $1.09 | -40% |
| Q4 2025 | $1.08 | -47% |
| Q3 2025 | $1.50 | -59% |
| Q2 2025 | $1.73 | -51% |
| Q1 2025 | $1.82 | -53% |
| Q4 2024 | $2.04 | -53% |
TSLA's earnings per share have fallen from their peak: $0.91 over the past year, against $4.30 in late 2023.
ASO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +3% |
| Q2 2026 | $1.4B | +6.7% |
| Q1 2026 | $1.7B | +2.5% |
| Q4 2025 | $1.4B | +3% |
| Q3 2025 | $1.6B | +3.3% |
| Q2 2025 | $1.4B | -0.9% |
| Q1 2025 | $1.7B | -6.6% |
| Q4 2024 | $1.3B | -3.9% |
ASO has the edge over TSLA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +4.2 points |
| Q2 2026 | 5.2% | 0 points |
| Q1 2026 | 9.9% | +0.7 points |
| Q4 2025 | 7.3% | +0.5 points |
| Q3 2025 | 11% | -1.5 points |
| Q2 2025 | 5.1% | -2.4 points |
| Q1 2025 | 9.2% | -2.1 points |
| Q4 2024 | 6.8% | -3 points |
ASO has the edge over TSLA on profitability, with a higher operating margin.
TSLA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $28B | -0.2% |
| Q2 2026 | $28.2B | +26% |
| Q1 2026 | $22.4B | +16% |
| Q4 2025 | $24.9B | -3.1% |
| Q3 2025 | $28.1B | +12% |
| Q2 2025 | $22.5B | -12% |
| Q1 2025 | $19.3B | -9.2% |
| Q4 2024 | $25.7B | +2.1% |
TSLA's revenue has picked up after two years of holding roughly level: $28B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.6% | -3.2 points |
| Q2 2026 | 1.4% | -2.7 points |
| Q1 2026 | 4.2% | +2.1 points |
| Q4 2025 | 5.7% | -0.5 points |
| Q3 2025 | 5.8% | -5 points |
| Q2 2025 | 4.1% | -2.2 points |
| Q1 2025 | 2.1% | -3.4 points |
| Q4 2024 | 6.2% | -2 points |
TSLA's operating margin was 2.6% last quarter, down 3.2 points from the same quarter a year ago, near the bottom of its range since 2019.
ASO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $116.1M | +432% |
| Q2 2026 | $121.7M | +14% |
| Q1 2026 | $107.2M | +40% |
| Q4 2025 | -$13.6M | -139% |
| Q3 2025 | $21.8M | -56% |
| Q2 2025 | $106.6M | -36% |
| Q1 2025 | $76.4M | -57% |
| Q4 2024 | $34.4M | +126% |
ASO has the edge over TSLA on cash flow, with more consistent year-over-year improvement.
TSLA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.5B | -62% |
| Q2 2026 | -$1.1B | -848% |
| Q1 2026 | $1.4B | +117% |
| Q4 2025 | $1.4B | -30% |
| Q3 2025 | $4B | +46% |
| Q2 2025 | $146M | -89% |
| Q1 2025 | $664M | +$3.2B |
| Q4 2024 | $2B | -1.6% |
TSLA still generates free cash flow, though less than at its 2025 peak: $3.3B over the past year.
ASO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.6% | -2.4M shares |
| 1 year | -6.1% | -4.1M shares |
| 3 years | -19% | -14.5M shares |
| 5 years | -34% | -32.3M shares |
| Available history | -19% | -15M shares |
ASO has the edge over TSLA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $82.1M |
| Q2 2026 | $98.4M |
| Q1 2026 | $99.9M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $99M |
| Q1 2025 | $91.1M |
| Q4 2024 | $53.4M |
ASO spent $280M buying back its own shares over the past year, up 15% from the year before.
TSLA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +1M shares |
| 1 year | +0.4% | +15M shares |
| 3 years | +1.4% | +48M shares |
| 5 years | +5.1% | +172M shares |
| Available history | +33% | +886M shares |
TSLA has 3.5B diluted shares, about the same as a year ago.
ASO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.3x | Very low |
ASO's net debt is less than a year of its operating earnings (EBITDA).
TSLA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.4x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
TSLA has the edge over ASO on leverage, with a lower net debt burden relative to earnings.
ASO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.7 | Neutral |
| Stochastic | 88.0 | Overbought |
ASO's weekly RSI is 69 (neutral) and its Stochastic is 88 (overbought).
TSLA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.3 | Neutral |
| Stochastic | 72.6 | Neutral |
TSLA's weekly RSI is 54 (neutral) and its Stochastic is 73 (neutral).
ASO PE vs Consumer Cyclical Sector
| Metric | ASO | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 18x | 38% below |
| PE % | 99 | 48 | 51 pts above |
ASO has the edge over TSLA on valuation relative to its sector.
TSLA PE vs Consumer Cyclical Sector
| Metric | TSLA | Sector median | Relative |
|---|---|---|---|
| PE | 437x | 18x | 2,324% above |
| PE % | 84 | 47 | 37 pts above |
TSLA is trading at 437x earnings, a 2324% premium to the Consumer Cyclical sector's median of 18x.
ASO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $58.0 | 16% above |
| 20 week MA | $51.7 | 30% above |
| 50 week MA | $53.6 | 26% above |
| 100 week MA | $50.9 | 32% above |
| 200 week MA | $53.7 | 25% above |
ASO has climbed back above all five of its weekly moving averages, and it's now 25% above its 200-week average.
TSLA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $376.0 | 5.7% above |
| 20 week MA | $364.0 | 9.2% above |
| 50 week MA | $393.6 | 1% above |
| 100 week MA | $372.1 | 6.8% above |
| 200 week MA | $296.9 | 34% above |
TSLA is in an uptrend: it's above all five of its weekly moving averages, and 34% above its 200-week average.
ASO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.0 | $20.1 | +55% |
| 2021 | $20.1 | $40.1 | +99% |
| 2022 | $40.1 | $51.4 | +28% |
| 2023 | $51.4 | $66.0 | +28% |
| 2024 | $66.0 | $60.1 | -9% |
| 2025 | $60.1 | $50.9 | -15% |
| 2026 YTD | $50.9 | $67.3 | +32% |
ASO has the edge over TSLA on returns for 2026, with the stronger performance.
TSLA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.7 | $220.6 | +669% |
| 2021 | $220.6 | $355.7 | +61% |
| 2022 | $355.7 | $123.2 | -65% |
| 2023 | $123.2 | $248.5 | +102% |
| 2024 | $248.5 | $431.7 | +74% |
| 2025 | $431.7 | $475.2 | +10% |
| 2026 YTD | $475.2 | $397.5 | -16% |
TSLA's yearly returns have swung widely, from +669% in 2020 to −65% in 2022. It's down 16% so far in 2026.