Traders note the aso stock price forecast has aligned with sector ETF trends, indicating correlation strength with peer sporting goods retailers, which has implications for portfolio hedging. Although it may be hard to imagine a stock up so much YTD could continue to rally, the developments in DAVE’s profit and sales growth demonstrate just how undervalued the stock was at the beginning of the year. It is also worth noting that the stock price is still considerably below its all-time high of $490, which it made back in 2022. According to the collective judgment of analysts, 'Net Sales- Merchandise Division Sales- Outdoors' should come in at $431.73 million. The estimate indicates a change of +10.2% from the prior-year quarter. The long-term aso stock price forecast reflects confidence in management’s capital allocation strategy, including measured share buybacks, which historically correlate with price appreciation.