Wells Fargo upgraded Amer Sports Inc (AS) to Overweight from Equal-Weight on September 28, 2025. The current price stands at $34.07.
This upgrade reflects a more optimistic view on Amer Sports' prospects, suggesting improved fundamentals or better-than-expected business performance. The company, headquartered in Helsinki, operates in the textiles, apparel, and luxury goods industry, employing 13,400 full-time staff. Amer Sports engages in the manufacturing, marketing, and selling of sports equipment, apparel, and footwear, with a diverse product range that includes equipment for tennis, soccer, and skiing, among others.
As of November 20, 2025, Amer Sports has a market capitalisation of $19.3 billion, with a price-to-earnings ratio of 85.94 and earnings per share of $0.41. Upcoming earnings are scheduled for August 10, 2026, with an estimated EPS of $0.06 and revenue of $1.5 billion.
Analyst consensus indicates a Buy rating, with 8 Strong Buy, 17 Buy, and 4 Hold ratings from a total of 29 analysts. Recent earnings performance has shown positive surprises, with Q3 2025 reporting an EPS of $0.33 against an estimate of $0.26, marking a 28.4% surprise.
Such decisions reflect a growing confidence in Amer Sports' strategic direction, though analysts' views should be one of many factors considered in investment decisions. Ratings can change as new information becomes available, and different analysts may have varying opinions on the same company.