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Adidas has ‘brand heat,’ analysts say. It’s a hot stock, too. - MarketWatch

1. Adidas expects Q4 revenue of €5.97 billion, up 24%. 2. Analysts forecast positive earnings momentum for Adidas. 3. CEO notes growing consumer interest amidst tough market conditions. 4. Deutsche Bank raised EPS estimates for 2025 and 2026 by 7% and 9%. 5. Adidas confirmed goals for double-digit growth in 2023.

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FAQ

Why Bullish?

Positive Q4 results and analyst upgrades suggest strong financial performance, similar to past rebounds.

How important is it?

The significant revenue increase and positive guidance can impact investor sentiment towards Adidas.

Why Long Term?

Sustained revenue and increase in EPS estimates indicate potential for continued growth.

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