Analysts expect over 2023 decreasing revenue Adidas

Tomorrow the German company Adidas will publish its past quarters results. For this year the company, located in Herzogenaurach revenue will be around 21.42 billion euros. This is according to the average of the analysts' estimates. This is slightly lower than 2022's revenue of 22.51 billion euros.

Historical revenues and results Adidas plus estimates 2023

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The analysts expect for 2023 a net profit of 10 million euros. For this year the consensus of the result per share is a loss of 22 cent. Based on this the price/earnings-ratio is -858.45.

Per share the analysts are expecting a dividend of 64 cents per share. Thus the dividend yield equals 0.34 percent. The average dividend yield of the personal goods companies equals a good 2.95 percent.

Newest target prices around 201 euros

The most recent recommendations for the personal goods company are from Barclays , RBC Capital Markets and Goldman Sachs .

Adidas 's market capitalization is based on the number of outstanding shares around 36.18 billion euros.

Historical stock prices Adidas

financial analysis adidas

At 9.55 the stock trades 2.11 percent higher at 188.86 euros.

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