Amer Sports shares surge 5.18% intraday on strong earnings beat and raised analyst price targets.

Amer Sports Inc. (AS) surged 5.18% intraday following a series of positive developments, including strong Q2 2025 earnings that exceeded expectations by $0.04 per share and 23.4% revenue growth. The company raised FY 2025 guidance to $0.770–$0.820 EPS and $6.2–$6.3 billion revenue, both above analyst forecasts. Additionally, Bank of America and Robert W. Baird upgraded their price targets to $45.00, with Baird forecasting strong price appreciation. These factors, coupled with Q3 2025 guidance surpassing consensus estimates, fueled investor optimism about the firm’s growth trajectory, particularly in its Salomon and Arc’teryx divisions. Despite initial post-earnings volatility and unusual put options activity, the intraday rally reflected confidence in Amer Sports’ operational momentum and improved market positioning.