Adidas shares viewed as buying opportunity after price dip

Adidas AG’s share price fell to around €158.75 on the XETRA exchange, prompting analysts to reassess valuation. Three analyst houses set new price targets between €190 and €215, citing the recent quarterly results as an over‑reacted sell‑off and recommending a purchase. RBC Capital Markets lowered its target to €200 but kept an “Outperform” rating, noting solid brand dynamics and reliable revenue growth. The analysts estimate the stock still has roughly 26% upside to the RBC target. Trading volume on the day of the dip reached about 871,500 shares. Adidas is scheduled to release its Q3 2026 earnings on 29 October 2026.