JPMorgan Keeps 'Overweight' Rating on Adidas Despite Challenges
JPMorgan has maintained an 'overweight' rating for Adidas, predicting better performance than the overall stock market today despite challenging conditions. The investment bank's optimism is driven by Adidas' strong financial results and expectations of further growth.
Adidas' recent success is evident in its earnings per share (EPS), which surged to 2.07 EUR in Q2 2025 from 1.06 EUR the previous year. This significant increase, coupled with a 2.23% revenue growth to 5.95 billion EUR, has bolstered JPMorgan's confidence in the company. The bank anticipates EPS growth to around 7.54-7.62 EUR for 2025, along with dividend increases, reflecting a robust financial position and growth across various markets and product categories.
However, Adidas faces intense competition, particularly from Nike, which has also reported strong business results and restructuring successes. Investors will closely compare the performance of the two stocks on yahoo finance, expecting similar improvements from Adidas. Despite these market headwinds, including trade risks and weakening consumption, JPMorgan maintains its positive assessment of Adidas' prospects.
JPMorgan's 'overweight' rating for Adidas underscores the company's strong financial performance and growth potential. Despite fierce competition and market challenges, Adidas is expected to outperform the overall stock market today, driven by its robust earnings growth and dividend increases.
