Amer Sports raises Q3 guidance, reaffirms 5-year targets

Amer Sports (AS) stock rose 3% after Citigroup named it a 'top pick,' citing upbeat growth estimates and margin expansion potential. Analyst Paul Lejuez expects steady earnings growth due to investments in technology and new stores, with Arc’teryx and Salomon brands driving long-term margin expansion. AS stock has a consensus Strong Buy rating and an average price target of $46.71, implying 70% upside.

Amer Sports targets $3B revenue and 30M shoes sold by 2028, driven by Sportstyle, omnichannel expansion, and global strategies. Softgoods account for 85% of sales, with double-digit growth in all regions, according to the company's 2026 CMD transcript.

Amer Sports (AS) raised its Q3 2026 revenue growth forecast to 20-22% from prior guidance, citing strong performance across its segments. The company also updated its long-term financial outlook. AS operates brands like Wilson, Salomon, and Arc'teryx.

Amer Sports Inc (NYSE: AS) raised its Q3 2026 revenue growth outlook to 20-22% from 18-20%, citing stronger demand and operating performance. The company also updated its long-term financial targets, expecting adjusted operating margins slightly above 14%. Q2 2026 revenue grew 32% to $1.63B, with EPS of $0.22, beating estimates. All segments and regions reported double-digit growth, with adjusted operating profit up 209% to $208.4M.

Amer Sports (NYSE: AS) raised its Q3 2026 revenue growth outlook to 20-22% from 18-20% and expects adjusted operating margin slightly above 14%. The company also updated its long-term financial algorithm, projecting low-double-digit to mid-teens annual revenue CAGR and 30-70+ basis points annual adjusted operating margin expansion. This follows strong growth across its segments, including Arc'teryx, Salomon, and Wilson.

Amer Sports, Inc. raised its Q3 2026 revenue growth guidance to 20-22% from 18-20%. The Finland-based company owns brands like Salomon and Wilson, and sells sports and fitness equipment globally.