Puma stock: Citi keeps EUR 34.00 target for Puma stock

Published on 10/20/2026 at 15:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi keeps Buy and EUR 34.00 target on October 16, 2026. Puma stock costs EUR 24.41 on October 20, 2026, minus 0.65 percent versus Xetra close.

Analyst target and reporting date

Citi maintained a EUR 34.00 price target and Buy rating for Puma on October 16, 2026.
Puma's next scheduled results date is October 30, 2026.
Puma stock costs EUR 24.41 at Lang & Schwarz on October 20, 2026 at 3:32 p.m. CEST, 0.65 percent below the Xetra close of October 19, 2026.
The stock trades 19.47 percent below its 52-week high of EUR 30.31.

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Puma (ISIN DE0006969603) has a EUR 34.00 price target from Citi, placing the target 39.30 percent above the EUR 24.41 Lang & Schwarz price. In a report dated October 16, 2026, Citi maintained its Buy rating and target, as Markets Insider reported. At Lang & Schwarz on October 20, 2026 at 3:32 p.m. CEST, Puma stock was trading at EUR 24.41, minus 0.65 percent versus the Xetra close of October 19, 2026 at EUR 24.57.

Analyst view leaves room above

Citi's target is materially above the current German euro quotation, while the stock remains below its recent annual peak. The target distance is calculated from EUR 24.41 to EUR 34.00, giving investors a clear measure of how far the research view sits above the market price.

MarketScreener also reported on October 14, 2026 that Berenberg kept a Buy rating and a EUR 40.00 target for Puma. The two views point to a wide spread in published targets, with Berenberg's figure 66.49 percent above the Lang & Schwarz price.

Stock stays below its annual high

Puma's 52-week range is EUR 15.30 to EUR 30.31. At EUR 24.41, the stock stands 19.47 percent below the high and 59.54 percent above the low. Its market capitalization is EUR 3.6 billion as of October 20, 2026.

Results date sets the next checkpoint

PUMA's investor-relations calendar lists October 30, 2026 for third-quarter results. The same investor-relations page says the company confirmed its full-year outlook after second-quarter results and expects sales to improve gradually in the second half of 2026, while it continues to streamline costs and its organization, according to PUMA.

What will the next report clarify?

The October 30 release will provide the next dated test of that outlook. For investors, the key figures are revenue development, profitability and evidence that the cost measures are translating into operating improvement.

Price remains the daily frame

The intraday price of EUR 24.41 is 0.65 percent below the EUR 24.57 Xetra close of October 19, 2026. The stock therefore sits below both Citi's EUR 34.00 target and its EUR 30.31 52-week high, while the upcoming results date gives the market a defined next checkpoint. The further course of trading is shown by the continuously updated real-time quote of Puma stock.