Bernstein Lifts Amer Sports (AS) Price Target After Strong Q1 Report

From Yahoo Finance: 2025-05-22 15:10:00

Bernstein SocGen Group raised Amer Sports, Inc. (AS) price target to $43 with an “Outperform” rating after strong Q1 2025 results, showing a 233.5% revenue growth. The company also increased its full-year 2025 guidance, citing accelerating sales momentum and effective expense management. The Outdoor Performance segment’s operating margin rose to 14.7%, leading to an improved adjusted EPS forecast of $0.67 to $0.72. Salomon brand’s growth, reaching $1 billion in annual sales, and expanding soft goods in China are driving factors. AS is a global sports and outdoor brand portfolio with brands like Salomon and Wilson.



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