Amer Sports: Brand Strength, Growth, Momentum – Is a new Breakout Possible After Double Analyst Support? The Upside Potential is 20%.

The stock of Amer Sports (AS) , parent of brands like Arc’teryx, Salomon, and Wilson, is in high spirits and consolidating sideways after a strong rally. The company increased its revenue by 23% in Q1. Key drivers were strong DTC growth (+39%), especially in Asia, along with new products. The operating margin rose to 15.8%. For 2025, an increased revenue growth of 15-17% and earnings per share of $0.67–0.72 are expected.  Piper Sandler initiated coverage on Thursday (June 26) with an Overweight rating and a price target of $45. The upside...