Amer Sports (AS) Is Up 12.2% After Raising 2025 Outlook on Strong Global Brand Momentum

Simply Wall St
  • Amer Sports recently reported third-quarter earnings for 2025, delivering significant revenue and income growth across all major segments, particularly driven by Salomon and Arc’teryx brands and robust performance in Asia-Pacific and Greater China.
  • In response to this exceptional growth, the company raised its full-year 2025 revenue and earnings guidance, underscoring the sustained demand for its premium technical brands worldwide.
  • We'll explore how Amer Sports' robust international sales momentum and upgraded guidance influence its investment narrative and future growth assumptions.

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Amer Sports Investment Narrative Recap

For Amer Sports shareholders, the key thesis rests on the company’s ability to sustain premium brand momentum and deliver growth through global expansion, especially in Asia-Pacific and Greater China, while balancing the complexities of multichannel retail. The latest third-quarter results and raised full-year guidance reinforce confidence in international demand and profitability, making revenue acceleration the most important near-term catalyst. However, the company’s exposure to fast-changing regional conditions remains its greatest short-term risk, and the recent update does not materially reduce this vulnerability.

Alongside the upbeat earnings, Amer Sports recognized a $6.7 million impairment related to goodwill and intangible assets in the third quarter. While relatively minor in financial terms, it underscores the pressure for the company to maintain consistent performance as it scales rapidly in unfamiliar markets, linking back to the importance of regional growth assumptions.

But even with these growth numbers, investors should be aware that unforeseen events in key markets can quickly...

Read the full narrative on Amer Sports (it's free!)

Amer Sports' outlook anticipates $8.9 billion in revenue and $874.0 million in earnings by 2028. This scenario implies a 16.1% annual revenue growth rate and a $650 million earnings increase from the current level of $224.0 million.

Uncover how Amer Sports' forecasts yield a $45.85 fair value, a 35% upside to its current price.

Exploring Other Perspectives

AS Community Fair Values as at Nov 2025

Fair value estimates from the Simply Wall St Community vary widely, from US$14.38 to US$46.32, across six contributors. This diversity reflects how differing views on regional growth drivers, especially in Asia-Pacific, can sharply influence expectations for Amer Sports’ future performance.

Explore 6 other fair value estimates on Amer Sports - why the stock might be worth as much as 36% more than the current price!

Build Your Own Amer Sports Narrative

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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