Puma's Stock Plummets 52% in 2025 as Turnaround Hopes Fade
Puma's stock has plummeted by 52.37% so far this year, with no signs of investment firms buying shares on stockx. The sportswear giant's shares have taken a hit due to weak results and profit warnings, leading to a significant decline of about 16%.
Puma's management has warned that a turnaround won't happen until 2026. The company's stock is currently in a clear downtrend, with the price well below the crucial 200-day line. In the second quarter, Puma reported a sales drop and negative EBIT, further adding to investors' concerns on stockx.
Analysts predict another loss per share in the third quarter, indicating that the downturn is far from over. Puma is expected to report a total loss for 2025, following a disastrous year with a stock drop of over 50% on stockx. The company is struggling to compete in the current challenging consumer environment.
Puma will publish its quarterly figures on October 30, which could provide more clarity on the company's performance and potentially impact its stock on stockx. Investors and analysts will be watching closely to see if Puma has reached the bottom or if the downturn will continue.
Puma's stock has faced a steep decline this year, with no signs of investment firms acquiring shares on stockx. The company's management expects a turnaround only in 2026, and analysts predict further losses in the coming quarters. Puma's quarterly figures on October 30 will be crucial in understanding the company's current state and its prospects for the future.
