Adidas/€ADS

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13:45
17:25
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About Adidas

Adidas AG, a multinational corporation founded in 1949 and headquartered in Herzogenaurach, Germany, specializes in designing and manufacturing sports shoes, clothing, and accessories. As one of the world's leading sportswear brands, Adidas operates in the footwear and apparel sector, continuously innovating and expanding its product lines to include sport-specific gear and fashion items. The company's widespread global presence is supported by a variety of brands under its group, including the Reebok sportswear company.

Ticker

€ADS

Primary listing

XETRA

Employees

54,040

Adidas Metrics

BasicAdvanced
€28B
23.43
€6.83
1.15
€2.00
1.25%

What the Analysts think about Adidas

Analyst ratings (Buy, Hold, Sell) for Adidas stock.

Bulls say / Bears say

Adidas has raised its 2025 operating profit forecast to about €2 billion from €1.7–€1.8 billion, lifted by strong retro trainer sales and a U.S. tariff impact that was less severe than expected (WSJ).
In Q3 2025, Adidas posted record revenues of €6.63 billion (up 12 percent currency-neutral) with gross margin up 0.5 percentage points to 51.8 percent and operating margin rising to 11.1 percent, showing strong brand momentum across the board (WSJ).
In Q2 2025, Adidas recorded operating profit of €546 million, ahead of analyst expectations of €520 million, demonstrating robust profitability in spite of tariff and currency challenges (Reuters).
U.S. tariffs are expected to add about €200 million in costs during the second half, holding back margin improvement and preventing management from raising full-year guidance (Reuters).
Adidas is facing labor unrest in Germany after withdrawing from an industry-wide collective wage agreement, with the IG BCE union threatening action, increasing the risk of supply disruptions and higher wage expenses (FT).
Shares are down roughly 18 percent year-to-date, significantly underperforming Nike’s 7 percent decline, reflecting investor concerns about the sustainability of Adidas’s current growth rate (FT).
Data summarised monthly by Lightyear AI. Last updated on 8 Nov 2025.

Adidas Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Adidas Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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