AS Stock Forecast & Price Target

Amer Sports achieved a notable revenue of $5.2 billion in 2024, demonstrating strong growth within its diverse portfolio of action and outdoor sports brands. The company's China operations are particularly robust, with revenue growth rates ranging from 43% to 57% over the last six quarters, largely driven by brands like Arc'teryx, which represents approximately 70% of the region's sales. Additionally, Amer Sports has experienced a positive year-to-date share performance exceeding 30%, propelled by improvements in earnings estimates and strong increases in both sales and EBITDA.

Amer Sports reported a total revenue of $5.2 billion in 2024, with significant contributions from various regions, including 36% from the Americas and 25% from China, indicating a diversified revenue stream. Despite utilizing IPO proceeds to significantly reduce net debt from $3.2 billion to $1.7 billion, the firm continues to carry a notable level of debt, which may raise concerns about financial stability. Furthermore, low brand awareness for key products such as Arc'teryx, particularly in the U.S. and Canada, presents a challenge that could hinder consumer demand and growth prospects in the competitive outdoor and action sports market.