Amer Sports’ (AS) “Buy” Rating Reaffirmed at BTIG Research

Amer Sports (NYSE:AS)‘s stock had its “buy” rating reaffirmed by analysts at BTIG Research in a research report issued on Friday, Benzinga reports. They currently have a $42.00 price target on the stock. BTIG Research’s target price suggests a potential upside of 60.28% from the company’s previous close.

A number of other brokerages also recently issued reports on AS. UBS Group reissued a “buy” rating on shares of Amer Sports in a research report on Thursday. JPMorgan Chase & Co. raised their target price on shares of Amer Sports from $59.00 to $64.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Piper Sandler reaffirmed an “overweight” rating on shares of Amer Sports in a research note on Wednesday, August 19th. Barclays increased their price target on shares of Amer Sports from $49.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, Truist Financial lowered their price objective on shares of Amer Sports from $50.00 to $42.00 and set a “buy” rating for the company in a report on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $45.92.

Amer Sports Trading Down 3.4%

AS opened at $26.20 on Friday. Amer Sports has a one year low of $26.18 and a one year high of $42.76. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.76 and a quick ratio of 0.80. The business has a 50 day simple moving average of $32.62 and a two-hundred day simple moving average of $33.93. The firm has a market capitalization of $14.51 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 0.87 and a beta of 1.99.

Amer Sports (NYSE:AS) last posted its earnings results on Monday, August 17th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.11. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Amer Sports had a return on equity of 11.18% and a net margin of 7.35%.The business’s revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.03 earnings per share. Analysts predict that Amer Sports will post 1.29 EPS for the current year.

Insider Activity

In other Amer Sports news, insider Wen-Chang Chen sold 117,461 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $26.60, for a total value of $3,124,462.60. Following the sale, the insider owned 434,855 shares in the company, valued at approximately $11,567,143. This represents a 21.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrew E. Page sold 2,022 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $28.63, for a total transaction of $57,889.86. Following the transaction, the chief financial officer directly owned 6,575 shares of the company’s stock, valued at $188,242.25. This represents a 23.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Institutional Trading of Amer Sports

A number of hedge funds have recently made changes to their positions in the stock. Junto Capital Management LP grew its stake in shares of Amer Sports by 583.8% in the 2nd quarter. Junto Capital Management LP now owns 3,099,673 shares of the company’s stock worth $104,893,000 after buying an additional 2,646,364 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Amer Sports by 25.8% during the second quarter. Sequoia Financial Advisors LLC now owns 62,581 shares of the company’s stock valued at $2,118,000 after buying an additional 12,833 shares during the last quarter. Tidal Investments LLC raised its stake in Amer Sports by 45.9% during the second quarter. Tidal Investments LLC now owns 12,369 shares of the company’s stock valued at $419,000 after buying an additional 3,890 shares during the last quarter. C WorldWide Group Holding A S boosted its holdings in Amer Sports by 41.0% in the second quarter. C WorldWide Group Holding A S now owns 296,653 shares of the company’s stock worth $10,039,000 after acquiring an additional 86,327 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Amer Sports in the second quarter worth $99,000. 40.25% of the stock is owned by institutional investors.

Amer Sports News Roundup

Here are the key news stories impacting Amer Sports this week:

• Positive Sentiment: Amer Sports raised its third-quarter 2026 outlook and updated its long-term financial targets, signaling continued momentum across Arc’teryx, Salomon and its other premium sports brands. The updates were announced ahead of the company’s investor day and provide greater visibility into its growth strategy. Amer Sports Updates Long-Term Financial Algorithm and Third Quarter 2026 Guidance
• Positive Sentiment: The company is targeting $3 billion in annual Salomon sales by 2028. Success would make Salomon a larger growth driver and strengthen Amer Sports’ broader revenue-expansion plans. Amer Sports Targets $3 Billion in Salomon Sales by 2028
• Positive Sentiment: UBS said the raised third-quarter outlook supports its fiscal 2026 estimates. Analysts and investors have also highlighted Amer Sports’ strong revenue growth, approximately 60% gross margins, diversified brand portfolio and net-cash position. Amer Sports’ Raised Q3 Outlook Supports Fiscal 2026 Estimates, UBS Says
• Neutral Sentiment: Amer Sports’ direct-to-consumer expansion and expected margin gains could support long-term earnings growth, but investors still need evidence that the company can translate ambitious sales targets into sustained cash flow and profitability. Amer Sports’ 2026 Outlook
• Negative Sentiment: Insider Wen-Chang Chen sold 117,461 shares for approximately $3.1 million, reducing his direct ownership by 21.27%. Although he retained a significant stake, the transaction may pressure sentiment while AS trades near its annual low. Trade-policy uncertainty and potential tariffs also remain risks for margins and international growth. Amer Sports Insider Sells Stock

About Amer Sports

Amer Sports, Inc (NYSE: AS) is a global sporting goods company that designs, manufactures and markets equipment, apparel, footwear and accessories for outdoor, action sports and team sports. Its products are sold through wholesale partners, company-operated stores and digital channels across North America, Europe, Asia and other international markets.

The company’s brand portfolio includes Arc’teryx, which focuses on premium outdoor apparel and equipment; Salomon, known for mountain sports footwear and equipment; Wilson, which serves tennis, pickleball, baseball, basketball and other team sports; Atomic, which specializes in skiing products; and Peak Performance and Armada, which offer outdoor and winter sports apparel and equipment.

Amer Sports traces its origins to 1950 in Finland, where it was established as Amer-Yhtymä before developing into a diversified sporting goods group.