What is AS stock price target for 2026?

WallStSmart's 12-month price target for Amer Sports, Inc. is $25.08, representing 27.3% downside from the current price of $34.50.

What is AS stock forecast?

Amer Sports, Inc. forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Amer Sports, Inc.

NYSE: AS · CONSUMER CYCLICAL · LEISURE

$34.50

-0.89% today

Updated 2026-04-29

Market cap

$20.07B

P/E ratio

45.39

P/S ratio

3.06x

EPS (TTM)

$0.76

Dividend yield

—

52W range

$25 – $43

Volume

4.8M

Market cap

$20.07B

P/E ratio

45.39

P/S ratio

3.06x

EPS (TTM)

$0.76

Dividend yield

—

52W range

$25 – $43

Volume

4.8M

Amer Sports, Inc. (AS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$34.50

Consensus

$46.64

+35.19%

2030 Target

$291.54

+745.04%

DCF

—

Current price

$34.50

Analyst consensus

$46.64

+35.19%

2030 Target

$291.54

+745.04%

Intrinsic (DCF)

—

14 analysts:

6 Buy1 Hold0 Sell

Management guidance

AS management has not disclosed specific multi-year revenue targets in available guidance. FY2026 guidance implies $7.97B revenue (21.3% growth from $6.57B FY2025), with confidence around mid-20% growth rates for near-term years. Company is executing on Arc'teryx, Salomon, and Wilson brand expansion with focus on direct-to-consumer and international growth, particularly in outdoor/athletic categories.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$484.77

$13.8B Rev × 20x P/S

Base case (2030)

$291.54

$13.8B Rev × 12x P/S

Bear case (2030)

$193.23

$13.8B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$4.4B	$5.2B	$6.6B	$8.0B	$9.1B	$10.6B	$12.2B	$13.8B
Revenue growth	—	17.8%	26.7%	21.3%	14.4%	16.6%	14.7%	13.7%
EPS	—	$0.16	$0.31	$1.20	$1.52	$1.95	$2.38	$2.85
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$166.11	$189.84	$223.74	$254.25	$291.54

Catalysts & risks

Growth catalysts

+ Salomon footwear brand acceleration and outdoor category expansion driving above-market growth

+ Arc'teryx direct-to-consumer expansion in international markets (Europe, Asia)

+ Wilson brand recovery and tennis equipment market share gains

+ Margin expansion from operating leverage and direct-to-consumer mix shift

+ Strategic debt reduction ($750M offering to redeem 2031 notes) improving financial flexibility

Key risks

- China economic slowdown and tariff exposure impacting sourcing and demand

- Consumer discretionary spending weakness in North America affecting near-term growth

- Competitive pressure from Nike, Adidas, and Lululemon in overlapping categories

- Integration execution risks with recent acquisitions and brand portfolio management

- High valuation (44x P/E, 3.0x P/S) leaves limited margin for error on growth delivery

Methodology

Amer Sports, Inc.'s forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.