Adidas stock: At EUR 162.85, Adidas stock gains 3.00 percent

Published on 10/21/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC maintains Buy rating with EUR 200.00 target. Adidas stock costs EUR 162.85 on October 21, 2026, up 3.00 percent versus the Xetra close.

Stock gains 3.00 percent

RBC Capital maintained its Buy rating and set a EUR 200.00 target on October 21, 2026.
Adidas will publish final third-quarter results on October 29, 2026.
Adidas stock costs EUR 162.85 at Lang & Schwarz on October 21, 2026 at 3:37 p.m. CEST, 3.00 percent above the Xetra close of October 20, 2026.

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Adidas (ISIN DE000A1EWWW0) reported preliminary third-quarter revenue of EUR 7.252 billion, up 9.00 percent year over year, on October 20, 2026. Markets Insider reported on October 21 that RBC Capital maintained its Buy rating and set a EUR 200.00 price target. Adidas stock was trading at EUR 162.85 at Lang & Schwarz on October 21, 2026 at 3:37 p.m. CEST, up 3.00 percent versus the Xetra close of October 20, 2026 at EUR 158.10.

Record quarter supports the target

The preliminary third-quarter figures give the analyst view a fresh operating reference. According to adidas Group on October 20, 2026, currency-neutral revenue rose 7.00 percent, gross margin increased 2.50 percentage points to 54.30 percent, and operating profit climbed 37.00 percent to EUR 1.008 billion. A EUR 200.00 target stands 22.83 percent above the Lang & Schwarz price.

Price position stays below the high

The EUR 162.85 quote is EUR 30.95 below the 52-week high of EUR 193.80 and EUR 32.90 above the 52-week low of EUR 129.95. The resulting distance to the high is 15.97 percent. The same quote carried a volume of 427,171 shares, while the market capitalization was EUR 28.6 billion on October 21, 2026.

Profit outlook and next date

Adidas projects full-year 2026 operating profit at EUR 2.5 billion, compared with a previous outlook of EUR 2.3 billion, according to adidas Group. The company also retained its currency-neutral full-year revenue growth outlook of 9.00 percent to 10.00 percent. Final third-quarter results are scheduled for October 29, 2026, giving investors a defined date for checking the preliminary figures.

Valuation in the sportswear group

Adidas trades at a trailing P/E ratio of 21.05, with a dividend yield of 2.00 percent. Nike had a P/E ratio of 18.12 and a market capitalization of USD 56.1 billion on October 21, 2026, while Puma had a negative P/E ratio and a market capitalization of EUR 3.7 billion. These figures place Adidas between a larger global peer and a smaller European competitor by market value.

Adidas stock after the Xetra close

The preliminary results, the revised profit outlook and the October 29 reporting date give the EUR 200.00 target a clear set of figures to test. The stock was trading at EUR 162.85 at Lang & Schwarz on October 21, 2026 at 3:37 p.m. CEST, plus 3.00 percent versus the Xetra close of October 20, 2026 at EUR 158.10. The further course of trading is shown by the continuously updated real-time quote of Adidas stock.