Amer Sports
About: Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.
Employees: 13,400
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
389% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 18
367% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 14 (+11) [Q4]
168% more capital invested
Capital invested by funds: $1.81B [Q3] → $4.85B (+$3.04B) [Q4]
70% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 37
54% more funds holding
Funds holding: 130 [Q3] → 200 (+70) [Q4]
7.65% more ownership
Funds ownership: 22.44% [Q3] → 30.09% (+7.65%) [Q4]
55% less call options, than puts
Call options by funds: $7.56M | Put options by funds: $16.7M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
JP Morgan Matthew Boss 44% 1-year accuracy 33 / 75 met price target | 44%upside $40 | Overweight Maintained | 3 Mar 2025 |
UBS Jay Sole 26% 1-year accuracy 15 / 58 met price target | 52%upside $42 | Buy Maintained | 26 Feb 2025 |
Wells Fargo Ike Boruchow 35% 1-year accuracy 17 / 48 met price target | 1%upside $28 | Equal-Weight Maintained | 26 Feb 2025 |
Morgan Stanley Alex Straton 52% 1-year accuracy 15 / 29 met price target | 3%downside $27 | Equal-Weight Maintained | 21 Jan 2025 |
TD Cowen John Kernan 31% 1-year accuracy 17 / 54 met price target | 19%upside $33 | Buy Maintained | 8 Jan 2025 |
Financial journalist opinion
Based on 5 articles about AS published over the past 30 days









