12.07.2025

Current Market Development of the DAX: New Record Highs and Promising Stocks

The DAX on Record Course

The current market development of the German benchmark index DAX is of great importance for private investors and small investors, as the index has recently reached new record highs. On July 11, 2025, the DAX was quoted at about 24,456 points and despite a slight setback, continues to show upward potential with price targets of up to around 24,961 points. This positive development is supported by rising corporate earnings and stable monetary policy support, while geopolitical risks have so far been well-priced in.

Beneficiaries in Focus

Three stocks are particularly benefiting from this momentum in the DAX, characterized by strong price gains or high potential:

  • adidas: With a price target of 300 euros and an expected return of over 40 percent, adidas is among the top stocks in the current market environment.
  • Delivery Hero: Delivery Hero also shows a similar potential with a price target around 35 euros and an expected increase of about 41 percent.
  • Deutsche Telekom AG: Deutsche Telekom also benefits significantly from the positive market trend with a price target of about 43 euros and an expected return close to 41 percent.

These companies exemplify the winners of the current bull market in the DAX and offer private investors opportunities for attractive value appreciation.

Conclusion

In summary, the German stock market is currently in a strong phase characterized by record levels in the DAX. The three mentioned DAX stocks adidas, Delivery Hero, and Deutsche Telekom benefit particularly visibly from this – a signal for investors to monitor these values more closely or to include them in their portfolios.