PUM.DE PUMA SE (XETRA) 24 Feb 2026: Q4 results due 26 Feb, margin outlook key
PUM.DE stock trades at €22.92 as markets close in Germany on 24 Feb 2026, with Q4 results due on 26 Feb 2026. Investors will watch revenue trends, gross margin and the updated guidance. The company reports on XETRA and faces investor interest after Anta bought a 29% stake. This earnings spotlight links recent liquidity moves and sector pressure to short-term price risk and medium-term recovery cases.
Earnings preview: what PUM.DE stock faces
PUMA SE (PUM.DE) reports Q4 on 26 Feb 2026 and investors expect clarity on revenue and margin trends. The last quarters showed weak top-line growth and a liquidity package of €608.0m in recent financing. Analysts will test whether cost cuts and the new CEO lift operating margin. We expect the firm to explain progress on inventory and working capital, crucial after slower China and Europe demand.
Financials and valuation: metrics that matter
PUM.DE stock trades at €22.92 with a market cap of €3.32b. Key ratios: P/S 0.40, P/B 1.61, and trailing EPS -€1.92 producing a negative PE of -11.76. Cash per share is €1.80, and dividend per share is €0.61. High net debt to EBITDA and weak interest coverage remain risks. The firm’s gross margin near 46.44% but net margin is negative at -3.44%. These figures set the valuation debate ahead of the report.
Market reaction, liquidity and sector context
PUM.DE stock volume today was 590,690 shares, below the 50-day average of 1,206,991. The sector, Consumer Cyclical, shows mixed performance versus peers. Recent stake news from Anta lifted PUMA in past weeks, but trading has cooled. European peers and retail demand trends will influence guidance credibility. Watch on‑book orders and post-earnings volatility in XETRA trading.
Meyka AI rates PUM.DE with a score out of 100
Meyka AI rates PUM.DE with a score out of 100: 61.49 (Grade B) — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The score reflects mixed fundamentals: resilient brand and decent P/S, weighed down by negative EPS and leverage. This grade is informational only and not financial advice.
Technicals and near-term trading cues
Technical indicators are neutral. RSI sits at 49.26, MACD histogram is slightly negative, and ADX at 15.93 signals no clear trend. Key supports are €22.77 (day low) and the 50‑day average €22.40. Resistance appears around €24.14 (Bollinger upper). Traders should watch ATR €1.20 for expected post-earnings range expansion and monitor volume spikes for conviction.
Price targets and forecast scenarios
Analyst consensus price target is unavailable, so we map three scenarios. Bear case: €18.00 if margins deteriorate and guidance weakens. Base case: €24.00 if revenue stabilises and free cash flow recovers. Bull case: €30.00 if Anta partnership accelerates China growth. Meyka AI’s forecast model projects a monthly level of €19.73 and a 12‑month figure of €8.12, implying downside of -13.93% and -64.61% versus current price €22.92. Forecasts are model-based projections and not guarantees.
Final Thoughts
Key takeaways for PUM.DE stock as markets close on 24 Feb 2026: the immediate catalyst is Q4 earnings on 26 Feb 2026, with margins and guidance as the primary market focus. The company shows a healthy gross margin but negative net income and stretched interest coverage. Liquidity actions, including the recent bridge loan and credit lines, reduce immediate solvency risk but leave leverage elevated. Our scenario map offers a €18.00 bear, €24.00 base, and €30.00 bull price target, with current trading at €22.92. Meyka AI’s forecast model projects monthly €19.73 and 12‑month €8.12, indicating material downside under the model. Investors should treat the results as a re‑rating event: beat and clear guidance may lift PUM.DE stock above the 50‑day average; a weak print could push the stock toward support near €18.00. Meyka AI, an AI‑powered market analysis platform, provides these model outputs for context. Forecasts are model-based projections and not guarantees.
FAQs
When will PUMA report quarterly results and why does it matter for PUM.DE stock?
PUMA reports Q4 results on 26 Feb 2026. The print matters because investors want updated revenue, gross margin and guidance. The report will likely move PUM.DE stock depending on margin trends and management commentary on China and inventory.
What are the main valuation ratios to watch for PUM.DE stock?
Key ratios: P/S 0.40, P/B 1.61, trailing EPS -€1.92 and negative PE -11.76. Watch free cash flow recovery and interest coverage to judge fair value and credit risk.
How does the Anta stake affect PUMA and PUM.DE stock outlook?
Anta’s 29% stake supports strategic access to China and may improve distribution. The deal lifted sentiment, but fundamentals and margins must follow. Anta’s presence reduces takeover risk but does not guarantee a revenue turn.
What price targets should investors consider for PUM.DE stock?
Scenario targets: Bear €18.00, Base €24.00, Bull €30.00. These reflect guidance risk, brand resilience and possible China upside. Use targets with sensitivity to earnings and cash flow updates.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.