AS Amer Sports Inc.

$AS some more here with a roll/adjustment to the Nov 6th spreads - adding $280K to the position

$AS Shorts are cashing out. We have already reached the weekly options expected move to 26.67. This of course is all being accelerated by the discretionary sector being sold off. AS does not deserve what it is being handed out. Just part of the sector rotation. My take, this is all cyclical and the fundamental economic trends are still looking good with expected draw downs to refresh the market for yet another leg up on the market indices. Even XLY will recover and so will AS.

$AS Price spikes are due to WTI crude oil volatility. price plummeted over $2 within a half hour span here around noon. So, once the Iran thing is sorted out crude will fall and AS will take off. I guess sports equipment sales will be crushed because inflation will totally destroy profits. I would have thought that would have happened in Q2 but profits were fine. Not sure from fair value of $38 down to $26 reflects what Q3 earnings will bear out. The market pendulum always swings to extremes.

$AS Right on Schedule. We'll be dropping until 1st of October. Not sure if AS buyers think this is way oversold and just chop sideways or if it will participate with the seasonal fear pattern.

Citi analyst Paul Lejuez reiterated a Buy rating and named Amer Sports his preferred stock in the sports sector, citing growth and margin-expansion opportunities over the next five years. Citi maintained its 2026/2027 EPS estimates at $1.44/$1.69 and a $50 price target, implying 16.7x/14.5x EV/EBITDA. At its investor event in Annecy, France, Amer Sports maintained its five-year revenue CAGR target in the low-to-mid teens and EBIT margin expansion of 30-70 basis points annually. However, the company raised its long-term revenue growth targets for Salomon to the mid-teens CAGR through fiscal 2031 and for Wilson to the high-single digits. The updated outlook implies potential 2031 EPS of $3.73 at the high end, versus $2.83 for 2030 under the previous guidance. Amer Sports also raised its Q3 2026 revenue-growth forecast to 20%-22% from 18%-20%. Recent analyst updates included Buy reiterations from UBS and Truist, while Morgan Stanley resumed coverage with an Equal Weight rating. $AS $C

$AS Amer Sports just filled the gap from May 2025 on the weekly chart (+2% pre-market) 🟢 - BTIG $42 price target, maintained at BUY - Wells Fargo PT cut from $45 to $40, maintained at overweight - $47.86 average 1 year analyst price target (79%+ higher) 🐂 - Check out the attached seasonality. The stock went on nice runs into the end of the year in 2025 and 2024. Something brewing here for EOY 2026? 👀

$AS | Snapshot 📊👟• Business: Global sports and outdoor apparel/equipment leader powering iconic premium brands including Arc'teryx, Salomon, and Wilson.• Financial Health & Pipeline: Strong DTC expansion and margin profile, with management raising Q3 guidance following robust revenue growth across key segments.• Bias & Conviction: Key Support Watch | Neutral / Moderate Conviction (Waiting for structural confirmation above $27.36 following trendline breakdown). 🎯 Key Levels: 🐂 Bull Trigger: $27.36 / $29.76 🚀 Targets: $32.59 / $35.16 / $36.34 🛡️ Support: $26.74 / $26.24 ⚠️ Risk: $25.09 / $20.38 #AS #sports #retail #finance #hovdid