B+
Bull case
25%
Probability
Target price
$36.00
Analysis reference price unavailable
Analysis 2026-09-16 · RankAlpha Sentiment Codex
AS
Amer SportsCNYSE / Consumer Durables & Apparel
Last Price
Quote time unavailable
Current thesis
Amer Sports' August 18 investor-relations release confirms unusually broad Q2 strength: 32% revenue growth, double-digit growth across all segments and regions, and more than 300 basis points of operating-margin expansion excluding tariff refunds. Full-year guidance was raised to approximately 24% revenue growth, 14.2%-14.5% adjusted operating margin, and $1.27-$1.30 adjusted EPS [#IR-2026-08-18].
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +6.8.
What can break
A 390-basis-point Q2 gross-margin benefit from net tariff refunds may obscure the normalized margin run rate [#IR-2026-08-18].
Momentum
49
Value
49
Sentiment
54
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $28.00 · Bull $36.00 · Bear $20.00Analysis 2026-09-16; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-16 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $47.42
Why
Momentum49 · Δ7d +14.8
Value49 · Δ7d +1.7
Sentiment54 · Δ7d +6.8
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta +6.8.
Contradictions & invalidation
- • A 390-basis-point Q2 gross-margin benefit from net tariff refunds may obscure the normalized margin run rate [#IR-2026-08-18].
- • Full-year and Q3 guidance assumes current Section 301 tariff rates remain in place; policy changes could affect costs and margins [#IR-2026-08-18].
- • The valuation case depends on continued high growth and margin execution.
Catalyst clock
2026-09-17
September 17 investor day
Lead driver: Sentiment · See AI snapshot
Momentum
49
8% active weight
Current posture
7d trendSoftening
Δ7d
+14.8
Δ21d
+30.2
Value
49
47% active weight
Current posture
7d trendImproving
Δ7d
+1.7
Δ21d
-0.2
Sentiment
54
45% active weight
Current posture
7d trendImproving
Δ7d
+6.8
Δ21d
-11.7
Why this grade
Composite grade C. Momentum 48.9 / Value 49.2 / Sentiment 54.4
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-16. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$28.00
Analysis reference price unavailable
Analysis 2026-09-16 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$20.00
Analysis reference price unavailable
Analysis 2026-09-16 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$16.43B
Beta
-
Shares Out
581.82M
P/E (TTM)
66.6
P/S (TTM)
3.37
P/FCF (TTM)
95.15
Rev YoY
+32.1%
EPS YoY
+461.7%
Gross Margin
+59.8%
Op Margin
+12.9%
Net Debt
$1.1B
Current Ratio
1.76
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data