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PUMA SE NPV (DE:PUM)
XETRA:PUM
Germany Market
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PUMA SE NPV (PUM) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

PUM Analyst Ratings

Moderate Buy
14Ratings
Moderate Buy
5 Buy
8 Hold
1 Sell
Based on 14 analysts giving stock ratings to
PUMA
SE NPV
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

PUM Stock 12 Month Forecast

Average Price Target

€29.25
▲(13.34% Upside)
Based on 14 Wall Street analysts offering 12 month price targets for PUMA SE NPV in the last 3 months. The average price target is €29.25 with a high forecast of €40.00 and a low forecast of €22.40. The average price target represents a 13.34% change from the last price of €25.81.
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style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 31, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 5</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":20.71,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 27, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":22.3,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":22.91,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 18, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":25.98,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      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Highest Price Target€40.00Average Price Target€29.25Lowest Price Target€22.40
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
J.P. Morgan Analyst forecast on DE:PUM
J.P. Morgan
J.P. Morgan
€26
Hold
0.74%
Upside
Upgraded
07/02/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Hermes International (Other OTC: HESAF) and PUMA SE NPV (Other OTC: PMMAF)
UBS
€21.26€22.4
Hold
-13.21%
Downside
Reiterated
07/02/26
UBS Sticks to Its Hold Rating for PUMA SE NPV (PMMAF)
RBC Capital Analyst forecast on DE:PUM
RBC Capital
RBC Capital
€25
Hold
-3.14%
Downside
Reiterated
07/02/26
RBC Capital Remains a Hold on PUMA SE NPV (PMMAF)
Bernstein Analyst forecast on DE:PUM
Bernstein
Bernstein
€35
Buy
35.61%
Upside
Assigned
06/29/26
Analysts Offer Insights on Consumer Cyclical Companies: Visteon (NASDAQ: VC), PUMA SE NPV (Other OTC: PMMAF) and PENN Entertainment (NASDAQ: PENN)
DZ BANK AG Analyst forecast on DE:PUM
DZ BANK AG
DZ BANK AG
Hold
Reiterated
06/26/26
Analysts Offer Insights on Consumer Cyclical Companies: Trip.com Group Sponsored ADR (NASDAQ: TCOM) and PUMA SE NPV (Other OTC: PMMAF)
Banco Santander Analyst forecast on DE:PUM
Banco Santander
Banco Santander
€28.4
Hold
10.03%
Upside
Initiated
06/26/26
Puma initiated with a Neutral at Grupo SantanderPuma initiated with a Neutral at Grupo Santander
Goldman Sachs Analyst forecast on DE:PUM
Goldman Sachs
Goldman Sachs
€31€33
Buy
27.86%
Upside
Reiterated
06/24/26
Analysts Are Bullish on Top Consumer Cyclical Stocks: Nike (NKE), PUMA SE NPV (PMMAF)
Deutsche Bank  Analyst forecast on DE:PUM
Deutsche Bank
Deutsche Bank
€25
Hold
-3.14%
Downside
Reiterated
06/24/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: PUMA SE NPV (Other OTC: PMMAF) and Carnival (NYSE: CCL)
Citi
€35
Buy
35.61%
Upside
Reiterated
06/19/26
Citi Keeps Their Buy Rating on PUMA SE NPV (PMMAF)
HSBC
€26€35
Buy
35.61%
Upside
Upgraded
06/16/26
Puma upgraded to Buy from Hold at HSBCPuma upgraded to Buy from Hold at HSBC
Bank of America Securities Analyst forecast on DE:PUM
Bank of America Securities
Bank of America Securities
€26€27
Sell
4.61%
Upside
Downgraded
05/28/26
Puma downgraded to Underperform from Neutral at BofAPuma downgraded to Underperform from Neutral at BofA
Kepler Capital  Analyst forecast on DE:PUM
Kepler Capital
Kepler Capital
€17.5€25.5
Hold
-1.20%
Downside
Reiterated
05/18/26
Kepler Capital Sticks to Their Hold Rating for PUMA SE NPV (PMMAF)
Berenberg Bank Analyst forecast on DE:PUM
Berenberg Bank
Berenberg Bank
€40
Buy
54.98%
Upside
Reiterated
05/01/26
Analysts Offer Insights on Consumer Cyclical Companies: PUMA SE NPV (Other OTC: PMMAF) and Mohawk (NYSE: MHK)
Jefferies Analyst forecast on DE:PUM
Jefferies
Jefferies
€23
Hold
-10.89%
Downside
Reiterated
04/30/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: PUMA SE NPV (Other OTC: PMMAF) and Amazon (NASDAQ: AMZN)
Warburg Research Analyst forecast on DE:PUM
Warburg Research
Warburg Research
€35
Buy
35.61%
Upside
Reiterated
02/09/26
Warburg Research Reaffirms Their Buy Rating on PUMA SE NPV (PMMAF)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
J.P. Morgan Analyst forecast on DE:PUM
J.P. Morgan
J.P. Morgan
€26
Hold
0.74%
Upside
Upgraded
07/02/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Hermes International (Other OTC: HESAF) and PUMA SE NPV (Other OTC: PMMAF)
UBS
€21.26€22.4
Hold
-13.21%
Downside
Reiterated
07/02/26
UBS Sticks to Its Hold Rating for PUMA SE NPV (PMMAF)
RBC Capital Analyst forecast on DE:PUM
RBC Capital
RBC Capital
€25
Hold
-3.14%
Downside
Reiterated
07/02/26
RBC Capital Remains a Hold on PUMA SE NPV (PMMAF)
Bernstein Analyst forecast on DE:PUM
Bernstein
Bernstein
€35
Buy
35.61%
Upside
Assigned
06/29/26
Analysts Offer Insights on Consumer Cyclical Companies: Visteon (NASDAQ: VC), PUMA SE NPV (Other OTC: PMMAF) and PENN Entertainment (NASDAQ: PENN)
DZ BANK AG Analyst forecast on DE:PUM
DZ BANK AG
DZ BANK AG
Hold
Reiterated
06/26/26
Analysts Offer Insights on Consumer Cyclical Companies: Trip.com Group Sponsored ADR (NASDAQ: TCOM) and PUMA SE NPV (Other OTC: PMMAF)
Banco Santander Analyst forecast on DE:PUM
Banco Santander
Banco Santander
€28.4
Hold
10.03%
Upside
Initiated
06/26/26
Puma initiated with a Neutral at Grupo SantanderPuma initiated with a Neutral at Grupo Santander
Goldman Sachs Analyst forecast on DE:PUM
Goldman Sachs
Goldman Sachs
€31€33
Buy
27.86%
Upside
Reiterated
06/24/26
Analysts Are Bullish on Top Consumer Cyclical Stocks: Nike (NKE), PUMA SE NPV (PMMAF)
Deutsche Bank  Analyst forecast on DE:PUM
Deutsche Bank
Deutsche Bank
€25
Hold
-3.14%
Downside
Reiterated
06/24/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: PUMA SE NPV (Other OTC: PMMAF) and Carnival (NYSE: CCL)
Citi
€35
Buy
35.61%
Upside
Reiterated
06/19/26
Citi Keeps Their Buy Rating on PUMA SE NPV (PMMAF)
HSBC
€26€35
Buy
35.61%
Upside
Upgraded
06/16/26
Puma upgraded to Buy from Hold at HSBCPuma upgraded to Buy from Hold at HSBC
Bank of America Securities Analyst forecast on DE:PUM
Bank of America Securities
Bank of America Securities
€26€27
Sell
4.61%
Upside
Downgraded
05/28/26
Puma downgraded to Underperform from Neutral at BofAPuma downgraded to Underperform from Neutral at BofA
Kepler Capital  Analyst forecast on DE:PUM
Kepler Capital
Kepler Capital
€17.5€25.5
Hold
-1.20%
Downside
Reiterated
05/18/26
Kepler Capital Sticks to Their Hold Rating for PUMA SE NPV (PMMAF)
Berenberg Bank Analyst forecast on DE:PUM
Berenberg Bank
Berenberg Bank
€40
Buy
54.98%
Upside
Reiterated
05/01/26
Analysts Offer Insights on Consumer Cyclical Companies: PUMA SE NPV (Other OTC: PMMAF) and Mohawk (NYSE: MHK)
Jefferies Analyst forecast on DE:PUM
Jefferies
Jefferies
€23
Hold
-10.89%
Downside
Reiterated
04/30/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: PUMA SE NPV (Other OTC: PMMAF) and Amazon (NASDAQ: AMZN)
Warburg Research Analyst forecast on DE:PUM
Warburg Research
Warburg Research
€35
Buy
35.61%
Upside
Reiterated
02/09/26
Warburg Research Reaffirms Their Buy Rating on PUMA SE NPV (PMMAF)
Stocks with the Highest Top Analyst Consensus in the Consumer Cyclical Sector
SGHCSuper Group (SGHC)
WEICFWeichai Power Co
ARLUFAristocrat Leisure
GELYFGeely Automobile Holdings
SGISomnigroup International
Find stocks in the Consumer Cyclical sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering PUMA SE NPV

3 Months
Richard EdwardsGoldman Sachs
Success Rate
31/56 ratings generated profit
55%
Average Return
+2.01%
Copying Richard Edwards's trades and holding each position for 3 Months would result in 55.36% of your transactions generating a profit, with an average return of +2.01% per trade.
1 Year
Richard EdwardsGoldman Sachs
Success Rate
26/56 ratings generated profit
46%
Average Return
-4.09%
Copying Richard Edwards's trades and holding each position for 1 Year would result in 46.43% of your transactions generating a profit, with an average return of -4.09% per trade.
2 Years
Richard EdwardsGoldman Sachs
Success Rate
18/56 ratings generated profit
32%
Average Return
-12.73%
Copying Richard Edwards's trades and holding each position for 2 Years would result in 32.14% of your transactions generating a profit, with an average return of -12.73% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

PUM Analyst Recommendation Trends

Rating
Mar 26
Apr 26
May 26
Jun 26
Jul 26
Strong Buy
3
1
2
1
1
Buy
8
4
2
8
6
Hold
22
18
17
17
12
Sell
0
0
1
1
1
Strong Sell
0
0
0
0
0
total
33
23
22
27
20
In the current month, PUM has received 7 Buy Ratings, 12 Hold Ratings, and 1 Sell Ratings. PUM average Analyst price target in the past 3 months is 29.25.
Each month's total comprises the sum of three months' worth of ratings.

PUM Financial Forecast

PUM Earnings Forecast

Next quarter’s earnings estimate for PUM is -€0.52 with a range of -€0.65 to -€0.22. The previous quarter’s EPS was €0.18. PUM beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.76% of the time in the same period. In the last calendar year PUM has Performed in-line its overall industry.
Next quarter’s earnings estimate for PUM is -€0.52 with a range of -€0.65 to -€0.22. The previous quarter’s EPS was €0.18. PUM beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.76% of the time in the same period. In the last calendar year PUM has Performed in-line its overall industry.

PUM Sales Forecast

Next quarter’s sales forecast for PUM is €1.66B with a range of €1.64B to €1.69B. The previous quarter’s sales results were €1.86B. PUM beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.25% of the time in the same period. In the last calendar year PUM has Performed in-line its overall industry.
Next quarter’s sales forecast for PUM is €1.66B with a range of €1.64B to €1.69B. The previous quarter’s sales results were €1.86B. PUM beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.25% of the time in the same period. In the last calendar year PUM has Performed in-line its overall industry.

PUM Stock Forecast FAQ

What is DE:PUM’s average 12-month price target, according to analysts?
Based on analyst ratings, PUMA SE NPV’s 12-month average price target is 29.25.
    What is DE:PUM’s upside potential, based on the analysts’ average price target?
    PUMA SE NPV has 13.34% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is PUMA SE NPV a Buy, Sell or Hold?
          PUMA SE NPV has a consensus rating of Moderate Buy, which is based on 5 buy ratings, 8 hold ratings and 1 sell ratings.
            What is PUMA SE NPV’s share price target?
            The average share price target for PUMA SE NPV is 29.25. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is €40.00 ,and the lowest forecast is €22.40. The average share price target represents 13.34% Increase from the current price of €25.81.
              What do analysts say about PUMA SE NPV?
              PUMA SE NPV’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 14 Wall Streets Analysts.
                How can I buy shares of PUMA SE NPV?
                To buy shares of DE:PUM, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.