Amer Sports Hits 5-Day High Amid Market Optimism
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18 Nov 25
Source: Coinmarketcap
Shares of Amer Sports Inc. (AS) surged to a 5-day high today, reflecting a robust pre-market performance that saw the stock rise by 8.1%. This upward momentum comes as investors exhibit a positive sentiment ahead of the U.S. stock market opening, despite broader concerns about declining stock futures and interest rate stability. The company's strong third-quarter results, which included a 30% year-over-year sales increase and a raised 2025 earnings outlook, have bolstered investor confidence. As analysts upgrade their ratings, Amer Sports appears well-positioned for continued growth, even as the market navigates potential headwinds.
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.
