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Adidas trades 30% below value with strong Q3/26 growth and raised profit outlook to €2.5B.

Company Fundamentals
29 Oct 2026, 22:15 WIB
Seeking Alpha
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Bullish
Adidas trades 30% below value with strong Q3/26 growth and raised profit outlook to €2.5B.

Adidas AG is currently valued nearly 30% below its intrinsic worth despite challenges in the sector. The company reported a 9.4% increase in sales and a 57.9% rise in earnings per share for Q3/26, alongside a record operating profit of €1,008 million. Management expects high single-digit sales growth through 2028 and has increased the full-year 2026 operating profit forecast to €2.5 billion. Risks include a global recession and geopolitical tensions, but these are already factored into the stock price, making Adidas a strong buy opportunity.

Adidas valuation and outlook provide context for consumer cyclical sector activity on Pluang as of Oct 30, 2026 02:21 WIB. Among 134 priced US Consumer Cyclical stocks, 110 rose and 23 fell today. Notable movers include CMG at USD 31.48 with a 1-day change of +9.38% and a Pluang order activity of 94% Sell / 6% Buy, CAVA at USD 59.03 up 8.81% with 6% Sell / 94% Buy, and RSI at USD 13.82 down 8.66%. The most notable figure is CMG's 94% sell order activity on Pluang.

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