Amer Sports Completes Public Offering of 35 Million Shares

The latest update is out from Amer Sports, Inc. ( (AS) ).

On May 30, 2025, Amer Sports, Inc., a company affiliated with FountainVest Partners, completed an underwritten public offering of 35,000,000 ordinary shares. The offering was conducted through an underwriting agreement with Goldman Sachs & Co. LLC and BofA Securities, Inc. as underwriters. The company did not receive any proceeds from this sale, as the shares were sold by a selling shareholder.

The most recent analyst rating on (AS) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Amer Sports, Inc. stock, see the AS Stock Forecast page.

Spark’s Take on AS Stock

According to Spark, TipRanks’ AI Analyst, AS is a Neutral.

Amer Sports has demonstrated strong revenue growth and improved financial health by reducing debt. However, profitability challenges with thin net margins and cash flow inconsistencies remain significant risks. The stock shows strong technical momentum, but high valuation metrics and overbought technical indicators suggest caution. Positive outlook from the earnings call supports the score, but macroeconomic risks require careful consideration.

To see Spark’s full report on AS stock, click here.

More about Amer Sports, Inc.

Average Trading Volume: 4,612,758

Technical Sentiment Signal: Buy

Current Market Cap: $20.9B

Find detailed analytics on AS stock on TipRanks’ Stock Analysis page.