XTRA:ADSLuxury
Is adidas Stock Pricing In Its Recovery After Direct to Consumer Pivot?
Thinking about whether adidas is a bargain or a value trap at today’s price? You are not alone, and this breakdown is designed to help you see what the market might be missing.
Despite being up 1.0% over the last week and 2.3% over the last month, the stock is still down 31.8% year to date and 32.6% over the past year, a combination that often signals either deep value or lingering risk.
Recent headlines have focused on adidas pushing harder into direct to consumer channels and refreshing...