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ADDYY

Watchlist

adidas AG

Consumer Cyclical · OTC

$32.8B mkt cap

Brief updated 4d ago

adidas AG, along with its affiliated businesses, operates internationally in the conceptualization, creation, distribution, and promotion of athletic and sports-inspired lifestyle merchandise. Its diverse product line, exclusively under the well-known adidas brand, features footwear, apparel, and va

Decifer Research·AI synthesis

ADDDY faces interest rate pressure

adidas AG operates in the consumer cyclical sector with a diverse product line. The company has a revenue growth of 7.1% year-over-year and a net margin of 5.52%. The conviction tier is WATCHLIST with a composite score of 36/100, indicating a cautious outlook. The analyst consensus rating is BUY, but the macro context of Fed and BoE interest rate decisions poses a risk.

Why now

The current macro context of interest rate decisions makes this a critical moment for adidas AG, as changes in interest rates can impact consumer spending. With a P/E ratio of 19.3x, the company's valuation may be sensitive to changes in interest rates and revenue growth.

Key risks

The company faces valuation risk due to its relatively high P/E ratio, execution risk in maintaining revenue growth, and macro risk from interest rate decisions. Additionally, competitive risk from other athletic and sports-inspired lifestyle brands poses a threat to adidas AG's market share.

What to watch

The company's revenue growth and net margin over the next quarter will be key indicators of its ability to navigate the current macro context. The outcome of the Fed and BoE interest rate decisions will also be crucial in determining the company's future outlook and valuation.

43Watchlist Conviction
macro
0/25
analyst
22/38
momentum
15/20
forward catalyst
0/15
valuation
0/23
highs
3/12
news catalyst
6/12
options flow
0/12
peer network
0/8
counter thesis
0/3
Key financials
Revenue growth (YoY)713.0%
Gross margin5136.0%
Operating margin844.0%
Net margin552.0%
P/E ratio19.3x
Return on equity2459.0%
FCF yield317.0%
Debt / equity1.0x
EV / sales1.3x
Valuation
Analyst consensusBUY
DCF fair value$49
Next EPS estimate$1.68
Macro context

Fed Interest Rate Decision

Federal Reserve holding at 3.75%, as expected. This comes early in Chair Kevin Warsh's tenure at Federal Reserve, when the market is still reading how the new leadership communicates. A press conference follows, where guidance on the path ahead can shift expectations.

Jul 24, 2026

BoE Interest Rate Decision

Bank of England holding at 3.75%, as expected

Jul 25, 2026

BoJ Interest Rate Decision

Bank of Japan holding at 1.00%, as expected

Jul 26, 2026

Monetary Policy Statement

Bank of Japan decision — outcome unknown

6d ago

Analyst intelligence
7 Buy2 Hold0 Sell
Earnings intelligence

Earnings surprises

-11.6%

2026-07

+3.3%

2026-04

-3.9%

2026-03

-4.5%

2025-10

+1.8%

2025-07

Generated Fri, 31 Jul 2026 05:01:18 GMT by Decifer intelligence engine. For informational purposes only — not investment advice. Decifer Intelligence Hub.