adidas

UBS reduces its target price for adidas from €173 to €160 and leaves the rating at 'Neutral'. Analyst Robert Krankowski cut his earnings estimates and expects growing headwinds for 2027, even if adidas could outperform the industry. The shares traded at €142.35 (-1.2%), implying upside of around 12.4% to the target price. Q3 figures are expected on October 29. » More on finanzen.net

Adidas is working on a new version of the Adilette that can be placed in the freezer and is intended to provide pleasant cooling after sports or in hot weather. The prototype currently exists only in very limited numbers and has already been tested on site. The model aims to leverage the comfort and innovation advantages of the cult slide. » More on welt.de

Bjørn Gulden purchased Adidas shares at the end of September for around half a million euros at prices near €140, after the stock had fallen more than 20% since the late-July quarterly results. Despite better-than-expected Q2 figures and raised full-year forecasts, the stock remained significantly cheaper, leading analysts and experts to see buying opportunities. A Frankfurt School insider barometer signals a moderate buy due to contrarian purchases, but it should not be overinterpreted. » More on handelsblatt.com