Amer Sports
About: Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $5.2 billion in 2024. 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 2024, the firm generates 36% of its revenue from the Americas, 29% from Europe, the Middle East, and Africa, 25% from China, and 10% from Asia-Pacific, excluding China.
Employees: 13,400
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
114% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 36
48% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $7.73M
19% more funds holding
Funds holding: 201 [Q4 2024] → 240 (+39) [Q1 2025]
18% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 68
1.5% more ownership
Funds ownership: 30.1% [Q4 2024] → 31.61% (+1.5%) [Q1 2025]
2% less capital invested
Capital invested by funds: $4.85B [Q4 2024] → $4.77B (-$80.9M) [Q1 2025]
21% less funds holding in top 10
Funds holding in top 10: 14 [Q4 2024] → 11 (-3) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Piper Sandler Anna Andreeva | 18%upside $45 | Overweight Initiated | 26 Jun 2025 |
Citigroup Paul Lejuez | 10%upside $42 | Buy Maintained | 21 May 2025 |
Goldman Sachs Brooke Roach | 15%upside $44 | Buy Maintained | 21 May 2025 |
Morgan Stanley Alex Straton | 13%downside $33 | Equal-Weight Maintained | 21 May 2025 |
UBS Jay Sole | 31%upside $50 | Buy Maintained | 21 May 2025 |
Financial journalist opinion
Based on 4 articles about AS published over the past 30 days









