Amer Sports (NYSE:AS) Sees Nearly 60% Share Price Increase Over Last Month

Amer Sports (NYSE:AS) recently announced robust Q1 earnings, showcasing a significant rise in net income and sales compared to the previous year. With the raised earnings guidance for 2025, predicting a revenue growth of 15-17%, the company's performance has positively attracted investor attention, leading to a substantial share price increase of nearly 60% over the last month. This rise contrasts sharply with the broader market, which saw a 2.7% decline in the past week. The encouraging earnings results and optimistic guidance undoubtedly played a major role in this decisive upward movement of Amer Sports's stock price.

Buy, Hold or Sell Amer Sports? View our complete analysis and fair value estimate and you decide.

Uncover 16 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs.

Amer Sports' shares have shown exceptional growth with a total return of nearly 150% over the past year. This performance not only exceeded the US market's annual return of 10.5% but also significantly outpaced the US Luxury industry's negative 7.4% return. This stellar return emphasizes the strong market response to the company's improved financial outlook and strategic initiatives.

The company's recent earnings growth and optimistic forecasts for revenue and earnings have likely fueled investor confidence, contributing to the upward trajectory of the share price. The increase aligns with the raised earnings guidance of 15-17% revenue growth for 2025. With Amer Sports currently trading close to the consensus analyst price target of approximately US$40.17, the market has largely priced in the company's positive outlook. Nevertheless, its high Price-To-Earnings Ratio suggests a premium valuation compared to industry peers and the overall market.

Take a closer look at Amer Sports' potential here in our financial health report.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com