Adidas stock: Berenberg keeps EUR 190.00 target for Adidas stock
Published on 10/16/2026 at 17:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting date
- Berenberg Bank set a EUR 190.00 target for Adidas on October 14, 2026.
- Revenue rose 14.00 percent in the second quarter of 2026.
- Adidas stock costs EUR 158.50 at Lang & Schwarz on October 16, 2026 at 5:12 p.m. CEST, 0.54 percent above the Xetra close of October 15, 2026.
- Adidas is scheduled to publish third-quarter results on October 29, 2026.
Berenberg Bank maintained a Hold rating and a EUR 190.00 price target for Adidas on October 14, 2026, according to Markets Insider. The target stands 19.87 percent above the EUR 158.50 Adidas price at Lang & Schwarz on October 16, 2026 at 5:12 p.m. CEST, which was 0.54 percent above the Xetra close of October 15, 2026.
Revenue grew 14.00 percent
Adidas reported record second-quarter sales and 14.00 percent revenue growth on July 30, 2026, according to its investor-relations page. The finance statements for the second quarter of 2026 show revenue of EUR 6.743 billion, operating income of EUR 574.0 million and net income of EUR 355.0 million. Operating cash flow was EUR 994.0 million in the same period.
Range leaves room on both sides
The EUR 158.50 price is 19.30 percent below the 52-week high of EUR 196.40 and 21.97 percent above the low of EUR 129.95, with both levels dated October 16, 2026. Trading volume was 250,539 shares against an average of 677,093 shares. Adidas had fallen 15.00 percent since the start of 2026 as of October 7, 2026, according to Borse Global.
Valuation and October 29 report
Adidas had a market capitalization of EUR 27.7 billion, a P/E ratio of 20.42 and a dividend yield of 2.00 percent as of October 16, 2026. UBS cut its target from EUR 173.00 to EUR 160.00 on October 5, 2026 and kept a Neutral rating, according to Markets Insider. Adidas is scheduled to publish third-quarter results on October 29, 2026, according to Borse Global.
Comparison with peers
Adidas (Xetra, EUR): plus 0.54 percent, P/E 20.42, market capitalization EUR 27.7 billion.
PUMA (Xetra, EUR): minus 0.79 percent, P/E minus 7.97, market capitalization EUR 3.5 billion.
Nike (NYSE, USD): plus 1.17 percent, P/E 17.98, market capitalization USD 55.8 billion.
Price remains below yearly high
Adidas was trading at EUR 158.50 at Lang & Schwarz on October 16, 2026 at 5:12 p.m. CEST, up 0.54 percent versus the Xetra close of October 15, 2026 at EUR 157.65. The 52-week high of EUR 196.40 leaves a 19.30 percent gap above the current price.
The further course of trading is shown by the continuously updated real-time quote of Adidas stock.
Adidas stock facts
- Company: Adidas AG
- ISIN: DE000A1EWWW0
- WKN: A1EWWW
- Ticker: ADS
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 16, 2026, 5:12 p.m. CEST): EUR 158.50
- Change versus Xetra close: plus 0.54 percent
- Xetra close (October 15, 2026): EUR 157.65
- Market capitalization: EUR 27.7 billion (as of October 16, 2026)
- 52-week range: EUR 129.95-196.40 (as of October 16, 2026)
- Sector / Industry: Consumer Cyclical / Apparel, Footwear and Accessories
- Index membership: Eurozone 50
- Next earnings date: October 29, 2026
Market context: Market report DAX.
