JP Morgan slashes price target on Amer Sports Inc [AS] – find out why.

MU Stock

Amer Sports Inc [NYSE: AS] stock went on a downward path that fall over -7.09% on Tuesday, amounting to a one-week price decrease of less than -21.78%.

Over the last 12 months, AS stock rose by 36.70%. The one-year Amer Sports Inc stock forecast points to a potential upside of 39.55. The average equity rating for AS stock is currently 1.61, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $11.61 billion, with 553.63 million shares outstanding and 108.01 million shares in the current float. Compared to the average trading volume of 3.61M shares, AS stock reached a trading volume of 6580626 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Amer Sports Inc [AS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AS shares is $34.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AS stock is a recommendation set at 1.61. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Amer Sports Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 03, 2025. While these analysts kept the previous recommendation, Bernstein raised their target price to Outperform. The new note on the price target was released on February 13, 2025, representing the official price target for Amer Sports Inc stock. Previously, the target price had yet another raise to $30, while HSBC Securities analysts kept a Hold rating on AS stock. On October 14, 2024, analysts increased their price target for AS shares from 17 to 19.

The Average True Range (ATR) for Amer Sports Inc is set at 1.85, with the Price to Sales ratio for AS stock in the period of the last 12 months amounting to 2.25. The Price to Book ratio for the last quarter was 2.32, with the Price to Cash per share for the same quarter was set at 0.62. Price to Free Cash Flow for AS in the course of the last twelve months was 83.37 with Quick ratio for the last quarter at 0.76.

AS Stock Performance Analysis:

Amer Sports Inc [AS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.78. With this latest performance, AS shares dropped by -18.09% in over the last four-week period, additionally plugging by 21.85% over the last 6 months – not to mention a rise of 36.70% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AS stock in for the last two-week period is set at 26.56, with the RSI for the last a single of trading hit 20.80, and the three-weeks RSI is set at 31.15 for Amer Sports Inc [AS]. The present Moving Average for the last 50 days of trading for this stock 28.83, while it was recorded at 24.04 for the last single week of trading, and 21.16 for the last 200 days.

Insight into Amer Sports Inc Fundamentals:

Amer Sports Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 1.54.

AS Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Amer Sports Inc go to 35.27%.

Amer Sports Inc [AS] Institutonal Ownership Details

There are presently around $30.63%, or 92.70%% of AS stock, in the hands of institutional investors. The top three institutional holders of AS stocks are: FOUNTAINVEST CHINA CAPITAL PARTNERS GP3 LTD. with ownership of 69.1 million shares, which is approximately 13.6763%. BROWN ADVISORY INC, holding 5.29 million shares of the stock with an approximate value of $$66.52 million in AS stocks shares; and BROWN ADVISORY INC, currently with $$55.3 million in AS stock with ownership which is approximately 0.8708%.