adidas (ADDYY) Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for adidas in the last year. There are currently 2 sell ratings, 12 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ADDYY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADDYY, but not buy additional shares or sell existing shares.
View ADDYY analyst ratings or view top-rated stocks.

20 analysts have issued 12 month price targets for adidas' stock. Their ADDYY share price forecasts range from $83.00 to $185.00. On average, they expect the company's stock price to reach $134.13 in the next year. This suggests a possible upside of 56.4% from the stock's current price.
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adidas' stock was trading at $67.74 on January 1st, 2023. Since then, ADDYY shares have increased by 26.6% and is now trading at $85.76.
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adidas saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 33,700 shares, an increase of 18.2% from the April 30th total of 28,500 shares. Based on an average daily volume of 177,800 shares, the days-to-cover ratio is currently 0.2 days.
View adidas' Short Interest.

adidas AG (OTCMKTS:ADDYY) posted its quarterly earnings data on Friday, May, 5th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.06) by $0.04. The firm earned $5.66 billion during the quarter, compared to analysts' expectations of $5.56 billion. adidas had a net margin of 0.42% and a negative trailing twelve-month return on equity of 1.57%.

adidas announced a dividend on Friday, May 12th. Stockholders of record on Monday, May 15th will be paid a dividend of $0.2439 per share on Tuesday, May 23rd. This represents a yield of 0.27%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for ADDYY.

ETFs with the largest weight of adidas (OTCMKTS:ADDYY) stock in their portfolio include Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Pacer Trendpilot European Index ETF (PTEU).Pacer Trendpilot International ETF (PTIN).

adidas (OTCMKTS:ADDYY) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.28%. The dividend payout ratio is 109.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ADDYY will have a dividend payout ratio of 11.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ADDYY.

adidas trades on the OTCMKTS under the ticker symbol "ADDYY."

adidas' stock is owned by a variety of institutional and retail investors. Top institutional investors include OLD Mission Capital LLC (0.02%), Pacer Advisors Inc. (0.02%), Madison Asset Management LLC (0.01%), Mar Vista Investment Partners LLC (0.01%), Capital Square LLC (0.00%) and Financial Gravity Asset Management Inc. (0.00%).

Shares of ADDYY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ADDYY stock can currently be purchased for approximately $85.76.

adidas (OTCMKTS:ADDYY) has a market capitalization of $32.86 billion and generates $23.72 billion in revenue each year. The company earns $644.80 million in net income (profit) each year or $0.22 on an earnings per share basis.

The company employs 59,258 workers across the globe.

adidas' mailing address is ADI-DASSLER-STRASSE 1, HERZOGENAURACH 2M, 91074. The official website for the company is www.adidas-group.com. The company can be reached via phone at 499132840, via email at investor.relations@adidas-group.com, or via fax at 49-91-3284-2241.