UBS Raises Amer Sports Price Target to $60 After Q4 Results

ASAS

UBS increased its price target on Amer Sports Inc. by 3.4% to $60 after the company’s Q4 2025 report, retaining a Buy rating. Management projects 2025 revenue growth of 23–24% led by technical apparel (26–27%) and outdoor performance (28–29%), with 58% gross margin, 12.5–12.7% operating margin and $0.88–0.92 EPS.

1. Price Target Increase by UBS

UBS raised its price target on Amer Sports Inc. from $58 to $60, representing a 3.4% increase, and maintained its Buy rating following the company’s Q4 2025 report. This marks the second consecutive monthly upward revision to the target.

2. Analyst Rationale

The firm cited a resilient US consumer environment and an underappreciated “Health & Wellness 2.0” trend as key drivers behind its bullish outlook. UBS sees limited upside or downside risk to the upcoming earnings release.

3. Full-Year 2025 Guidance

Amer Sports’ management forecasts revenue growth of 23–24% for 2025, driven by technical apparel (26–27% growth) and outdoor performance (28–29%). They target a 58% gross margin, 12.5–12.7% operating margin and diluted EPS of $0.88–0.92.

Sources

FF