Added to YB: 2026-02-06
Pitch date: 2026-02-03
ADS.DE [bullish]
adidas AG
+3.6%
current return
Author Info
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Company Info
adidas AG, together with its subsidiaries, designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally.
Market Cap
EUR 26.6B
Pitch Price
EUR 149.85
Price Target
N/A
Dividend
1.34%
EV/EBITDA
10.22
P/E
21.98
EV/Sales
1.27
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Adidas (ADS Germany): momentum is real, but 2026 expectations will need careful framing
ADS.DE (update): Q4 growth 11% currency-neutral despite tough comps, EBIT margin 8.3% above guidance, €1bn buyback signals balance sheet strength. Brand momentum strongest in years, but March 2026 outlook may guide conservatively vs double-digit revenue/10% EBIT targets. Valuation depressed at decade lows.
Read full article (2 min)