Amer Sports Hits 20-Day High Amid Market Volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 19 Nov 25
Source: Coinmarketcap
Shares of Amer Sports Inc. (AS) surged to a 20-day high today, reflecting a robust pre-market gain of 8.1%. This upward momentum comes as the broader market faces declines, with major indices reaching one-month lows due to investor concerns over high valuations and interest rate stability. Amer Sports' impressive third-quarter results, which included adjusted earnings per share of 33 cents—well above analyst expectations—have bolstered investor confidence. Additionally, the company raised its 2025 earnings guidance, indicating strong growth prospects despite the prevailing market uncertainty.
Analyst Views on AS
Wall Street analysts forecast AS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AS is 46.98 USD with a low forecast of 39.80 USD and a high forecast of 58.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 37.200
Low
39.80
Averages
46.98
High
58.00
Current: 37.200
Low
39.80
Averages
46.98
High
58.00
About AS
Amer Sports Inc is a Finland-based global group of sports and outdoor brands such as Arcteryx, Salomon, Wilson, Peak Performance, Atomic, Armada, ATEC, DeMarini, EvoShield and ENVE. The Company develops, manufactures, and markets sports and fitness equipment. Its products include sports equipment for tennis, badminton, soccer, baseball, basketball, golf, American football, alpine skiing, fitness training, cycling, running, hiking, snowboarding, cross-country skiing and diving. It also offers fitness equipment through factory outlets, and e-commerce companies through trade customers in sporting goods chains, mass merchants, specialty retailers, fitness clubs, and distributors. The Company operates worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
