Latest news with #WarburgResearch
Fashion United
3 days ago
- Business
- Fashion United
Adidas business continues to perform well
Adidas is currently on a roll. The brand with the three stripes is enjoying consistently high demand. Sales are increasing by double digits despite the current challenging environment. Adidas is particularly successful with its retro styles. "Samba, Gazelle" and "Stan Smith" are bestsellers worldwide. The first quarter performed better than expected. However, US customs policy prevented CEO Bjorn Gulden from following previous trends and raising his forecast for the current year. Company expectations For 2025, Adidas continues to expect a currency-neutral increase in sales in the high single-digit percentage range. The Adidas brand is expected to grow by double digits. Operating profit should increase to between 1.7 and 1.8 billion euros, up from 1.3 billion euros in the previous year. In the second quarter, US tariffs are likely to have only a minor impact on US business. However, this impact is expected in the following quarter, Gulden recently announced. The Nike rival generates about 20 percent of its business in the US. Above all, tariffs on key manufacturing countries such as Vietnam and China are likely to drive up costs. New statements are therefore expected on how Adidas will react to this. This was still open at the presentation of the figures for the first quarter at the end of April. However, Gulden did not rule out price increases. Analyst expectations Analysts are positive. Jorg Philipp Frey of Warburg Research anticipates another strong quarter with strong brand momentum and double-digit percentage growth. The margin improvements in recent quarters have reduced the risks for the outlook. Adam Cochrane of Deutsche Bank sees a chance that Adidas could again exceed expectations and become more optimistic looking ahead. Baader Bank expert Volker Bosse was somewhat more cautious. He refers to the US tariffs. The trade agreement between the US and Vietnam is likely to increase costs for Adidas and ultimately sales prices in the US. This could depress sales there. Thanks to the great popularity of the Adidas brand, the lifestyle group is likely to achieve its financial targets, he estimates. Aneesha Sherman of the US analysis firm Bernstein also noted that the growth of sporting goods manufacturers in China is likely to remain subdued. In a consensus provided by the news agency Bloomberg, analysts expect sales to increase to an average of 6.2 billion euros, up from 5.8 billion in the previous year. The operating result is likely to improve to around 503 million euros. Here, analysts are above Adidas' forecast for 2025, with an estimate of around two billion euros.
Business Insider
5 days ago
- Business
- Business Insider
Warburg Research Sticks to Their Buy Rating for PUMA SE NPV (PMMAF)
Warburg Research analyst Jörg Philipp Frey maintained a Buy rating on PUMA SE NPV on July 25 and set a price target of €60.00. The company's shares closed last Friday at $25.15. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Philipp Frey is an analyst with an average return of -2.2% and a 43.30% success rate. Philipp Frey covers the Consumer Cyclical sector, focusing on stocks such as PUMA SE NPV, Hugo Boss, and Zalando. Currently, the analyst consensus on PUMA SE NPV is a Hold with an average price target of $34.38, a 36.70% upside from current levels. In a report released on July 25, Deutsche Bank also maintained a Buy rating on the stock with a €34.00 price target.
Business Insider
13-07-2025
- Business
- Business Insider
Fielmann (0MG1) Receives a Hold from Warburg Research
Warburg Research analyst Thilo Kleibauer maintained a Hold rating on Fielmann on July 11 and set a price target of €55.00. The company's shares closed last Friday at €57.70. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Kleibauer covers the Industrials sector, focusing on stocks such as HORNBACH Holding AG & Co, Einhell Germany, and TAKKT AG. According to TipRanks, Kleibauer has an average return of 12.1% and a 64.81% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fielmann with a €60.67 average price target. The company has a one-year high of €58.70 and a one-year low of €38.30. Currently, Fielmann has an average volume of 12.43K.
Yahoo
09-07-2025
- Business
- Yahoo
Here Is What You Need To Know Before Investing In Evotec SE (EVO)
Evotec SE (NASDAQ:EVO) is among the 13 Best German Stocks to Invest in Now. The company's shares have gained over 9% in the past month, as of the close of business on July 2, amid positive recent developments. A technician recording data from a complex experiment involving pharmaceutical products. On June 25, Evotec SE (NASDAQ:EVO) announced that it had joined the NURTuRE-AKI consortium to investigate acute kidney injury (AKI) and advance drug discovery through multi-omics approaches. Under this initiative, the company will identify key factors that cause AKI and develop innovative and effective treatments for patients based on a molecular understanding of the disease. Earlier in the month, Evotec SE (NASDAQ:EVO) held its annual general meeting for 2025, in which shareholders approved, with a great majority, most of the proposals put forward by the management. Around 46.45% of the registered share capital was represented in the meeting, in which CEO Dr Christian Wojczewski also discussed the company's current situation and strategic outlook. Investor sentiment has also been strengthened by Warburg Research's recent coverage of the stock on June 26, in which analyst Robert-Jan van der Horst reiterated a Buy rating for Evotec SE (NASDAQ:EVO), with its price target at €11.30. Evotec SE (NASDAQ:EVO) is a drug discovery company that focuses on developing new pharmaceutical products through the integration of breakthrough science, advanced technology, and AI-driven innovation. In May this year, it received a $2.5 million grant from the Gates Foundation to support the development of next-generation tuberculosis treatments. While we acknowledge the potential of EVO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs Stock Portfolio: 10 Large-Cap Stocks To Buy and 13 Best Big Name Stocks to Buy Now. Disclosure: None.
Yahoo
20-06-2025
- Business
- Yahoo
Warburg Research Raises PT on SAP (SAP), Maintains Buy
SAP SE (NYSE:SAP) is one of the 10 software stocks analysts are upgrading. On June 13, research firm Warburg Research upped the price objective on the company's stock from €275 to €295, while maintaining a 'Buy' rating. The firm's analyst, Andreas Wolf, sees further cloud growth and margin improvements, which led to the increase in long-term estimates. Furthermore, the analyst opines that AI is expected to fuel growth further and make software development more efficient. A data centre room with cloud technology, illustrating the enterprise application software services. In Q1 2025, SAP SE (NYSE:SAP)'s current cloud backlog expanded 29% at constant currencies and the total revenue encountered a double-digit increase. With a share of more predictable revenue of 86%, the business model is resilient in uncertain times. Furthermore, SAP SE (NYSE:SAP)'s AI-powered portfolio allows companies to navigate supply chain disruptions in more than 130 countries. In Q1 2025, the company's cloud and software revenue rose 14% to €7.94 billion, and was up 13% at constant currencies. In January 2024, SAP SE (NYSE:SAP) announced a company-wide restructuring program, which was concluded in Q1 2025. The restructuring payouts came in at €2.5 billion for FY 2024 and €0.3 billion for Q1 2025. Furthermore, ~€0.4 billion is anticipated to be paid out in the balance of 2025. SAP SE (NYSE:SAP) offers enterprise applications and business solutions. While we acknowledge the potential of SAP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SAP and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Sign in to access your portfolio
