Amer Sports (AS) EPS Forecast Exceeds $2.50 by 2030, Says Truist

Core Viewpoint - Amer Sports Inc. is recognized as a high-growth European stock, with Truist Securities raising its price target to $46, citing durable growth levers across the business as justification for a Buy rating [1]. Group 1: Company Strategy and Financial Projections - Amer Sports has outlined a long-term strategy targeting a revenue compound annual growth rate (CAGR) in the low double-digit to mid-teens range by 2030, along with an annual adjusted operating margin increase of 30-70 basis points or higher [2]. - The company aims for a 5-year earnings per share CAGR exceeding 25%, projecting earnings per share to surpass $2.50 in fiscal year 2030, which Truist considers realistic based on the company's growth efforts across various brands and its successful execution in China [3]. Group 2: Company Overview - Amer Sports Inc. is involved in the design, manufacture, marketing, distribution, and sale of sports equipment, apparel, footwear, and accessories, operating through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports [4].