Amer Sports, Inc.: A Compelling Growth Story with Strong Brand Performance and Strategic Resilience

Analyst Paul Lejuez of Citi maintained a Buy rating on Amer Sports, Inc. (AS – Research Report), boosting the price target to $42.00.

Paul Lejuez has given his Buy rating due to a combination of factors that highlight Amer Sports, Inc.’s strong growth potential. The company experienced a remarkable first quarter, with significant growth in its Arc’teryx and Salomon brands, alongside an expansion in gross margins and an upward revision in fiscal guidance despite facing tariff challenges. The direct-to-consumer growth for Arc’teryx is thriving globally, and Salomon is gaining traction in key markets such as China, EMEA, and North America, contributing to double-digit topline growth.
Lejuez also notes the company’s ability to manage tariff impacts through strategic vendor negotiations, production adjustments, and targeted price increases. The anticipated continued growth in sales and margins, along with potential debt reduction and lower taxes, supports a strong double-digit EPS growth forecast over the next few years. This outlook justifies a premium valuation multiple, and with the current stock levels, the risk/reward scenario appears favorable, making Amer Sports one of the most compelling growth stories in the retail sector.

Lejuez covers the Consumer Cyclical sector, focusing on stocks such as Abercrombie Fitch, Kohl’s, and On Holding AG. According to TipRanks, Lejuez has an average return of 8.9% and a 57.00% success rate on recommended stocks.

In another report released today, Bernstein also maintained a Buy rating on the stock with a $43.00 price target.