adidas AG (0OLD – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Cedric Lecasble from Stifel Nicolaus maintained a Buy rating on the stock and has a €280.00 price target.
Cedric Lecasble has given his Buy rating due to a combination of factors that highlight adidas AG’s strong market position and future growth potential. The company has demonstrated a robust and balanced performance across various regions and sales channels, which has contributed to its solid business momentum. Despite uncertainties surrounding tariffs on non-Chinese imports, adidas has managed to maintain a stable trading environment with no significant order cancellations, particularly in the US market.
Furthermore, adidas’s strategic supply chain management, which has minimized reliance on Chinese imports, places it in a favorable position compared to competitors. The company’s strong order book extending into the latter part of 2025, coupled with the potential benefits from a weakening USD, suggests a positive outlook. Additionally, the confirmation of a 10% EBIT margin guide for FY26 underscores adidas’s commitment to profitability, reinforcing Cedric Lecasble’s confidence in the company’s long-term performance.
According to TipRanks, Lecasble is an analyst with an average return of -16.1% and a 21.21% success rate.
In another report released today, RBC Capital also maintained a Buy rating on the stock with a €275.00 price target.