Puma stock slips as Barclays lifts its target to 25 euros

Published on 09/04/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Puma stock is trading at 24.04 EUR on September 4, 2026, while Barclays kept its Equal Weight view and lifted the target to 25 euros. Q2 FY26 revenue reached 1.69 billion and the loss widened to 72.8 million.

Fotorealistische Trainingshalle mit unmarkierten Sneakern und Sportgeraeten — PUMA SE (ISIN DE0006969603) zeigt fotorealistische Trainingshalle mit generischen unmarkierten Sportschuhen und Fitnessgeraeten, Illustration mit AI erstellt.

Puma (ISIN DE0006969603) stock trades at 24.04 EUR on September 4, 2026, down 0.91 percent, while market value stands at EUR 3.539 billion. Barclays Capital lifted its target to 25 euros and left the rating at Equal Weight.

Q2 FY26 shows pressure

On the operating side, the most recent reported quarter was Q2 FY26, when revenue reached 1.69 billion and earnings were minus 72.8 million. Profit margin was minus 4.31 percent, according to Yahoo Finance data for PUMA SE.

The comparison is clear: revenue and earnings were negative in Q2 FY26, and trailing net income stood at minus 455.1 million on revenue of 6.99 billion. The share price is 0.87 EUR below the previous close of 24.26 EUR, and the stock remains well below the 52-week high of 30.31 EUR.

Analysts stay cautious

Yahoo Finance shows a 1-year target estimate of 29.62 EUR, with the current quote at 24.04 EUR and a day range of 23.98 EUR to 24.46 EUR. On the same day, the trading portal also lists a 52-week range from 15.30 EUR to 30.31 EUR and volume of 62,243 shares.

That leaves the chart in a narrow band near the lower half of the yearly range. For investors, the gap between the current quote and the target estimate is more relevant than the short-term pullback alone.

Go deeper

Puma quarterly numbers and market setup

Puma stock is being judged on the latest quarter, the target update and the distance to the yearly range.

Puma topic page

Cobra Golf stays visible

Yahoo Finance says Puma sells sports and sports lifestyle products under the PUMA and Cobra Golf brands, alongside licensed products such as glasses, safety shoes, workwear and gaming accessories. That mix matters because the group is still carrying a negative trailing EPS of minus 3.01 and total debt to equity of 145.37 percent.

24.04 EUR on Xetra

At 24.04 EUR on Xetra, Puma stock is trading below its previous close and below the top end of the 52-week range as of September 4, 2026. The market cap is EUR 3.539 billion.