Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Amer Sports, Inc. Market Cap
The Amer Sports, Inc. (AS) share price is expected to increase by 11.75% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered AS. Price targets range from $15 at the low end to $21 at the high end. The current analyst consensus for AS is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
AS is a stock in Consumer Cyclical which has been forecasted to be worth $18.55 as an average. On the higher end, the forecast price is $21 USD by Brooke Roach from Goldman Sachs and on the lower end AS is forecasted to be $15 by Alex Straton from Morgan Stanley.
These are the latest 20 analyst ratings of AS.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Jay Sole UBS | Buy | $19 | Maintains | Aug 21, 2024 |
| Michael Binetti Evercore ISI Group | Outperform | $21 | Maintains | Aug 21, 2024 |
| Jay Sole UBS | Buy | $17 | Maintains | Aug 7, 2024 |
| Alex Straton Morgan Stanley | Equal-Weight | $15 | Maintains | May 23, 2024 |
| Ike Boruchow Wells Fargo | Overweight | $17 | Maintains | Apr 25, 2024 |
| Melinda Hu Bernstein | Market Perform | $16 | Downgrade | Apr 8, 2024 |
| Lorraine Hutchinson B of A Securities | Buy | $19 | Maintains | Mar 6, 2024 |
| Jay Sole UBS | Buy | $23 | Initiates | Feb 26, 2024 |
| Jonathan Komp Baird | Outperform | $20 | Initiates | Feb 26, 2024 |
| Michael Binetti Evercore ISI Group | Outperform | $21 | Initiates | Feb 26, 2024 |
| Melinda Hu Bernstein | Outperform | $18.5 | Initiates | Feb 26, 2024 |
| Brooke Roach Goldman Sachs | Buy | $21 | Initiates | Feb 26, 2024 |
| Paul Lejuez Citigroup | Buy | $19 | Initiates | Feb 26, 2024 |
| Ike Boruchow Wells Fargo | Overweight | $19 | Initiates | Feb 26, 2024 |
| Erwan Rambourg HSBC | Hold | $16 | Initiates | Feb 26, 2024 |
| Lorraine Hutchinson B of A Securities | Buy | $18 | Initiates | Feb 26, 2024 |
| Alex Straton Morgan Stanley | Equal-Weight | $16 | Initiates | Feb 26, 2024 |
| Matthew Boss JP Morgan | Overweight | $19 | Initiates | Feb 26, 2024 |
| Krisztina Katai Deutsche Bank | Buy | $20 | Initiates | Feb 26, 2024 |
| Laurent Vasilescu Exane BNP Paribas | Outperform | $19 | Initiates | Feb 26, 2024 |
When did it IPO
2024
Staff Count
11,400
Country
Finland
Sector/Industry
Consumer Cyclical/Leisure
CEO
Mr. Jie Zheng
Market Cap
$8.31B
In 2023, AS generated $4.37B in revenue, which was a increase of 23.10% from the previous year. This can be seen as a signal that AS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 02 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Amer Sports has a buy rating, driven by strong Q2 2024 revenue growth, margin expansion, manageable net debt, and a strategic inventory buildup, positioning it well for future growth.
Why It Matters - Strong demand and positive EPS growth potential for Amer Sports indicate likely revenue increases, margin expansion, and a favorable debt position, enhancing investment attractiveness.
Tue, 20 Aug 2024
Sentiment - POSITIVE
Source - CNBC Television
Summary - Amer Sports shares rose after a strong Q2 performance and unexpected profit. The company raised its fiscal year guidance due to increased consumer demand in China and stable sales in the Americas.
Why It Matters - Amer Sports' strong Q2 performance and raised fiscal guidance signal robust consumer demand, particularly in China, which could lead to increased stock value and investor confidence.
Tue, 20 Aug 2024
Sentiment - POSITIVE
Source - Market Watch
Summary - Amer Sports Inc. shares rose 9.4% in premarket trading after strong performance from Arc'teryx and an expected earnings beat for 2024. Q2 loss narrowed to $1.8 million from $97 million a year prior.
Why It Matters - Amer Sports' strong performance in the Arc'teryx brand and improved earnings outlook signal potential growth, boosting investor confidence and stock value.
Tue, 20 Aug 2024
Sentiment - NEUTRAL
Source - The Motley Fool
Summary - Amer Sports reported a 16% year-over-year revenue increase in Q2 and is set to achieve profitability after two years of losses.
Why It Matters - Amer Sports' 16% revenue growth signals strong demand and market recovery, while returning to profitability enhances investor confidence and may positively impact stock performance.
Tue, 20 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Amer Sports, Inc. will hold its Q2 2024 earnings conference call on August 20, 2024, at 8:00 PM ET, featuring key executives and analysts from major financial institutions.
Why It Matters - The earnings call provides insights into Amer Sports' financial performance, strategic direction, and market outlook, crucial for assessing investment potential and company valuation.
Tue, 20 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Amer Sports Inc. reported strong financial results for Q2 2024, exceeding expectations, driven by robust performance from its premium brands, particularly Arc'teryx.
Why It Matters - Amer Sports' strong Q2 results and market share gains indicate robust demand for its premium brands, potentially leading to increased stock value and investor confidence.
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