Academy Sports & Outdoors, Inc. (ASO) stock is soaring 5.29% in pre-market trading on Wednesday, following the release of its Q1 fiscal 2025 results and a flurry of analyst updates. The sporting goods retailer's shares are showing resilience despite mixed signals from Wall Street.

Several analysts have adjusted their price targets for ASO in response to the earnings report. TD Cowen raised its target price to $48 from $44, while maintaining a Hold rating. Conversely, Telsey Advisory Group slightly lowered its target to $58 from $60, but kept an Outperform rating. BofA Global Research and Morgan Stanley also trimmed their price objectives to $55 and $52, respectively. Truist Securities, however, increased its target to $47 from $45.

The divergent analyst views suggest that while there may be some near-term challenges, the overall outlook for Academy Sports & Outdoors remains positive. Investors appear to be focusing on the company's long-term potential, driving the stock higher despite the mixed financial performance and macroeconomic headwinds highlighted in the Q1 report.