AS Amer Sports Inc.

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

$AS AI and tech is bleeding. Money needs to find some place to go. Currently healthcare and staples are those sectors. Maybe discretionary names like AS that are profitable and experiencing strong financial growth and under valued will start to be inciting and safe.

$AS these November 6th $29/$33 spreads bought for $0.68 were just sold for $1.79. They rolled them up to the $30.50/$34 call spreads for a $600K credit and locked in a $56K profit.

$AS The other good news potentially if we close above it, the 50 SMA is at 29.70. Once we close above that the institutional money comes in even harder. Any gains above this there will be a retest of 29.70 area.

$AS $29.31 is the weekly expected options move for the week. We have not been able to significantly get above that or close over it. Also around $29.80 is the VWAP from the last high on Aug 6th. The VWAP demark is the point where the average investor is under water and we may get flooded with shares as investors are wanting out.

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