We use cookies to analyze site traffic and improve your experience.
By accepting, you consent to the use of analytics cookies.

ADS:XETRadidas AG Analysis

Data as of 2026-05-26 - not real-time

€156.20

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

adidas AG is trading at €156.2, well below analyst consensus targets of €190‑€197, implying roughly a 25% upside. Fundamentally, revenue is growing at double‑digit pace (7% YoY) with solid gross margins above 50% and a forward EPS outlook that lifts the forward P/E to just over 13x. The stock shows a bullish MACD crossover and a healthy RSI around 64, though volume is tapering and the price sits just under the identified resistance at €159. Recent earnings beat has refreshed expectations, supporting a potential re‑rating. With a modest dividend yield of 1.8% and a low payout ratio, the dividend appears sustainable despite a high debt‑to‑equity profile.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 6/10

Key Factors

  • Bullish MACD histogram confirming short‑term momentum
  • RSI nearing overbought levels, suggesting caution
  • Decreasing volume indicating reduced buying pressure

Medium Term

1–3 years
Positive
Model confidence: 8/10

Key Factors

  • Target price upside of ~25% based on analyst consensus
  • Strong earnings growth and attractive forward P/E
  • Sustainable dividend with low payout ratio

Long Term

> 3 years
Positive
Model confidence: 7/10

Key Factors

  • Global brand moat and diversified geographic exposure
  • Consistent revenue growth and healthy gross margins
  • Undervalued relative to long‑term fundamentals despite higher debt

Key Metrics & Analysis

Financial Health

Revenue Growth7.10%
Profit Margin5.52%
P/E Ratio20.2
ROE22.92%
ROA6.63%
Debt/Equity93.75
P/B Ratio4.6

Technical Analysis

TrendNeutral
RSI63.9
Support€136.75
Resistance€159.00
MA 20€147.33
MA 50€141.34
MA 200€159.60
MACDBullish
VolumeDecreasing
Fear & Greed Index91.64

Valuation

Target Price€196.78
Upside/Downside25.98%
GradeUndervalued
TypeBlend
Dividend Yield1.77%

Risk Assessment

Beta0.26
Volatility39.66%
Sector RiskMedium
Reg. RiskLow
Geo RiskMedium
Currency RiskMedium
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.