Amer Sports, Inc. (NYSE:AS) Receives Average Recommendation of “Buy” from Brokerages

Amer Sports, Inc. (NYSE:AS) has been assigned a consensus rating of “Buy” from the sixteen analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $49.70.

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their target price on Amer Sports from $59.00 to $64.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Robert W. Baird set a $51.00 price target on shares of Amer Sports in a research report on Wednesday, May 20th. Piper Sandler reaffirmed an “overweight” rating and set a $45.00 price target on shares of Amer Sports in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft set a $52.00 price target on shares of Amer Sports in a research note on Wednesday, May 20th. Finally, Truist Financial increased their price objective on shares of Amer Sports from $49.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th.

Amer Sports News Summary

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

• Positive Sentiment: Amer Sports reported second-quarter earnings of $0.22 per share, double Wall Street’s $0.11 consensus, while revenue rose 32.1% year over year to $1.63 billion, above the $1.54 billion estimate. Amer Sports Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 revenue, margin and EPS outlook, now projecting revenue of approximately $8.1 billion and EPS of $1.27-$1.30, ahead of consensus estimates of $8.0 billion and $1.26, respectively. Amer Sports Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Growth was broad-based across regions, channels and segments. Salomon softgoods, Arc’teryx and Wilson Tennis were highlighted as key drivers, while management said strong momentum and brand demand could support additional sales and profit upside. Arc’teryx Owner Amer Sports Increases Guidance
• Neutral Sentiment: Second-quarter gross margin increased to 65.6%, helped partly by tariff refunds as well as brand strength. The refund benefit may not fully recur, making future margin expansion important to sustaining the improved outlook. Amer Sports Q2 2026 Gross Margin
• Negative Sentiment: Amer Sports’ third-quarter EPS guidance of $0.31-$0.33 is below the $0.38 analyst consensus, although projected revenue of about $2.1 billion is in line with expectations. This near-term earnings caution could limit further upside.

Amer Sports Price Performance

Shares of Amer Sports stock opened at $33.50 on Friday. The stock has a 50 day moving average of $34.96 and a 200 day moving average of $35.36. Amer Sports has a 12 month low of $28.92 and a 12 month high of $42.76. The firm has a market cap of $18.55 billion, a PE ratio of 41.87, a PEG ratio of 1.12 and a beta of 2.05. The company has a current ratio of 1.66, a quick ratio of 0.82 and a debt-to-equity ratio of 0.10.

Amer Sports (NYSE:AS) last released its quarterly earnings results on Tuesday, August 18th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.11. Amer Sports had a return on equity of 10.29% and a net margin of 6.50%.The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter last year, the business posted $0.03 EPS. The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. Amer Sports has set its FY 2026 guidance at 1.270-1.300 EPS and its Q3 2026 guidance at 0.310-0.330 EPS. On average, research analysts expect that Amer Sports will post 1.23 EPS for the current fiscal year.

Insider Buying and Selling at Amer Sports

In other news, CEO Stuart Haselden sold 215,275 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $35.57, for a total transaction of $7,657,331.75. Following the sale, the chief executive officer directly owned 215,275 shares in the company, valued at approximately $7,657,331.75. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Wen-Chang (Victor) Chen sold 13,075 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $35.62, for a total transaction of $465,731.50. Following the completion of the transaction, the insider directly owned 149,821 shares of the company’s stock, valued at approximately $5,336,624.02. The trade was a 8.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 833,580 shares of company stock valued at $29,200,266 over the last quarter.

Institutional Investors Weigh In On Amer Sports

Several institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Amer Sports by 84.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 761 shares of the company’s stock worth $25,000 after purchasing an additional 348 shares during the period. Kestra Advisory Services LLC purchased a new stake in Amer Sports during the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd raised its holdings in Amer Sports by 484.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after buying an additional 703 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Amer Sports by 1,030.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock valued at $30,000 after buying an additional 742 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock worth $42,000 after buying an additional 848 shares during the last quarter. 40.25% of the stock is owned by institutional investors.

About Amer Sports

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).