The average Nike price target is $166. Confirming. On average, they expect the company's stock price to reach $122. In April 2023, basketball legend Michael Jordan ended his partnership with Nike over the company's partnership with trans celebrity Dylan Mulvaney. Air VaporMax Moc Roam Black. Nike lags Dow in the past 12 months. © 2023 Nike, Inc. 4x in fiscal 2023, this translates into a price of $99, which is 3% higher than the current market. 92 +1. However, Nike isn't close to being the Dow's best performer year to. The Nike KD 15 NRG ‘Aunt Pearl’ honors a lasting influence in Kevin Durant’s life. FY24 EPS is expected to rebound and jump 26% to $3. helped contribute to a 30%-plus drop in the stock as the wider market plunged and retailing shutdowns reached regions like Europe and North. All users that enter within the 10-30 minute window have an equal shot of winning the sneakers. is suffering more than most as its exposure to the fallout from the war in Ukraine and supply-chain issues put its shares on track for their worst quarter since 2008. On Friday, Dow component Nike ( NKE 1. Upside targets: $111 $115 $124 Downside riskNYSE:NKE Nike did a successful breakout retest on the descending wedge trendline. The biggest sign of success came from new product launches. Q2 FY’23 refers to the quarter that ended on November 30, 2022. Even though most of the other publicly-traded companies in the same industry saw their stock prices drop, too. Nike has touched off a furor by wading into football's national anthem debate with an ad featuring Colin Kaepernick, the former 49ers quarterback. 34% change from its previous close. . 7 billion, ahead of analysts' estimates for $12. 25 billion, which is lower than the $12. Nike J Force 1 Low LX SP. Market Average Movement. Upcoming. FY24 EPS is expected to rebound and jump 26% to $3. Download the SNKRS App. is about to trade ex-dividend in the next four days. Then, as the year progressed, prices returned to earth. as Nike saw its inventory drop sequentially and only grow 16% YoY, showing that. 96%) SB collection, highlighted by the duo’s take on the SB Dunk Low, was postponed due to the death of Born x. A $1,000 investment made on June 27, 2009, would be worth more. com - November 17 at 7:19 PM. Learn why I rate NKE stock a buy. 48 each, a move that would extend the stock's year-to-date decline to around 49. 3 billion, up 17% year-over-year (y-o-y). 2 billion and earnings per share of $1. Shares of sportswear icon Nike (NKE-1. Nike Dunk Low Retro White Black Panda (GS) Lowest Ask. 44%. 96, this page displays NYSE NKE stock exchange data. The latest trading day saw Nike (NKE) settling at $106. Michael Jordan’s namesake brand confirmed on the Nike SNKRS. 34 Wall Street research analysts have issued twelve-month price targets for NIKE's stock. Mirae Asset Global Investments Co. A self-described. DRAW OPEN UNTIL 8:34 AM PST / 11:34 AM EST. Nike stock has climbed about 8% so far this year after losing nearly 30% in 2022. Nike (NYSE: NKE) stock is the top-trending ticker on social media and is down more than 12% in pre-market trading. Advertisement. 5 billion, or 93 cents per share, compared with $1. Nike’s revenue was $12. The soft performance was due to a 10% drop in revenue in North America, which represents more than a third of Nike’s business. 00. 12. Sold Out. The Dow Jones Industrial Average closed down 12. ET) and the After Hours Market (4:00-8:00 p. Analysts polled by FactSet expected Nike to report earnings per share of 76 cents, on revenue of $13 billion. Nike 's first quarter financials till August 31, 2023, revealed a revenue of $12. ET. 7 percent on Thursday and closed down 1. This report has 8 useful sections. 98 billion expected. a 19% drop was not viewed as a disaster. Official lookbook. 4 billion, up 14 percent compared to the prior year and up 19 percent on a currency-neutral basis* NIKE Direct sales were $5. Zoom Vomero 5 Velvet Brown and Medium Ash. Nike. The stock is now 35% below the peak it reached in November 2021. 9%, you could say. Surprisingly, the Air Force 1 Cactus Jack was the only Travis AF1 to not increase in price. The latest trading day saw Nike (NKE) settling at $106. Nike Inc (NYSE:NKE) is set to release its first-quarter earnings for fiscal year 2024 on Sept. The all-time high NIKE stock closing price was 173. 38% Nike stock fell over 9% in Friday pre-market trading as analysts flagged rising inventories at the sports apparel maker. com - November 17 at 11:23 AM. Nike Inc. Keep in mind the status may change between the time of checking and buying. NKE stock recorded 15/30 (50%) green days with 2. 7% on. 3 billion, digital sales were up 20%, and wholesale revenue rose 12%. Overall, Nike has been increasingly good about returning capital to shareholders. UPDATE 6/14: A new SNKRS Special Preview has appeared on SNKRS this morning, showcasing the full range of 50 Dunks set to arrive. 60. Nike Inc. Despite a steep initial loss after the announcement of the controversial ad, Nike's stock (NKE) reversed its losses and climbed to $80. 70%) shareholders lost ground to a falling market this week. 4%. 57, which is consistent with its volatile and growing stock price. Nike is playing damage control after Duke basketball phenom Zion Williamson tore his sneaker in a game Wednesday evening. View daily, weekly or monthly format back to when NIKE, Inc. As of Sept. 76 per share. 76, representing an -18% decline from Q1 fiscal 2023. Buy . Nike Adapt; Nike Air; Nike Air Force 1; Nike Air Max; Nike FlyEasenike. The Drop List 07-04-22. You’ll need to agree to the billing agreement—it’s valid for one hour. m. Nike is set to report its fiscal third-quarter 2022 numbers next week,. 11 that market analysts had. Earnings per share: 93 cents vs. The top maker of athletic gear saw its shares slide. 3 billion from the last year. Nike's stock is still up nearly 30% in 2018, even after Tuesday's drop. Sneaker News August 24, 2023. Sold Out. Nike Dunk Low Championship Court Purple. In a digital age replete with information, the shock drop is a delightful paradox, combining both surprise and strategy. The company reported net income for the three-month period ended November 30 was $1. Plan on getting your hands on a RTFKT NFT? Before copping a RTFKT NFT that can unlock other NFTs or a forging event, check here first to make sure it's still eligible and hasn't already been claimed or forged. Elsewhere, the Dow lost. However, since Nike's new deal with Kaepernick, the sportswear company's value is reportedly up $26. The Jordan 1 Low UNC 2021 arrives with a white leather upper with University Blue overlays and a black Swoosh. Go woke go broke. Nike Stock Drops After Latest Quarterly Results; CFO Warns of Coming Markdowns Audio Latest Headlines World Topics. These included strong free cash flow generation, partly offset by. RTFKT x Nike Dunk Ghost Edition (G) 1 item. Find great deals and discounts on clearance shoes, clothing and gear at Nike. 42%) took a hit in Thursday morning trading, falling 4. The stock's also been one of the great investments of. 12. Check our release dates for limited sneakers like Adidas Yeezy Boost, Off-White x Nike, Converse x Undercover, Acronym, Air Jordan, Air Max, NMD and more. Analysts on Wall Street expected Nike to report revenue of $12. Orders. 36 billion vs. After almost a 13% decline over the last twelve months, at the current price of around $128 per share, we believe Nike stock (NYSE. m. 305 per share. NOCTA Air Force 1 White. Nike shares closed lower for a ninth consecutive day, their longest losing streak ever, according to Dow Jones Market Data. ET). 370 per share on the Company’s outstanding. Nike shares fell Tuesday after the reveal of a new ad campaign for the 30th anniversary of “Just Do It,” featuring former San. 7% during the first six months of 2023, according to S&P Global Market Intelligence. Kane said Nike’s massive drop in valuation is the result of an overvaluation late last. Foot Locker management blamed the performance on softening retail trends and increasing. Sold Out. With higher interest rates leading some experts to predict a recession in the near term. 35 just 10 months later. ”. 6% below the current share price. 00. The company’s reported net income for the three-month period that ended Feb. The analysis concludes that in 2019 and 2020, Nike will be a good stock, will bring high return. Good Safety: even as Nike’s stock price continues to fall, the risk this stock carries remains relatively low with an RS rating of 1. Product Description. Out of 24 analyst ratings, there are 18 Buy recommendations and six Hold recommendations. With Chase B. NKE Long-Term Chart (1993 – 2018) The stock ended a multi-year uptrend at a split-adjusted $2. With Chase B. 76 per share. Nike and Converse see growth in Asia, despite North American drop . NKE stock is down 3 percent as of Tuesday morning, Sept. Sold Out. The shares could continue their path higher as well, as they've just run into a trendline with historically bullish implications. 7 billion in the latest quarter, and higher. However, the earnings per share of $1. Shares of sportswear giant Nike ( NKE 1. The dynamic stock valuation also indicates an overvaluation. Nike, Inc. NIKE Stock Forecast 11-25-2023. 34 Wall Street research analysts have issued twelve-month price targets for NIKE's stock. £81. Globally, sales rose 10% on a currency-neutral basis in the period. Shares are still trading below their 50-day moving. . $12. 75 cents expected. Buy . Mississauga, Ontario, L5E1V4, CA. 36% based on this year's estimates. But even with the drop in value, the retail stock is trading at close to 30 times its trailing earnings. One-month return of NIKE, Inc. The company’s reported net income for the three-month period that ended May 31 was $1. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Finance, the footwear name saw its stock drop approximately 35%, around $950 million USD in market value, after announcing that it would be offering less Nike products this year. Nike Stock Shares gapped down 3. NKE Long-Term Chart (1993 – 2018) The stock ended a multi-year uptrend at a split-adjusted $2. Much has changed since that time, with the stock price dropping over 38% to $109. (NKE) stock quote, history, news and other vital information to help you with your stock trading and investing. First-quarter sales in Nike’s home region beat analysts’ estimates. Nike SB SB Dunk Low. (NKE) stock quote, history, news and other vital information to help you with your stock trading and investing. 1bn after basketball star Zion Williamson’s shoe breaks. Year to date, Nike’s share price is down 3%. 53%), Verizon Communications ( VZ 0. This silhouette was earlier designed to suit basketball activities before its release in 2002. Nike has ramped up its battle with the online marketplace StockX, saying that it purchased four pairs of counterfeit shoes on the site, despite StockX's. 1250 South Service Rd. Shares of Nike are trading for almost 40 times forward earnings. 3 billion for the fiscal year 2024, up 6% y-o-y. 46 billion and EPS of $1. The upper combines a Phantom white leather base with hemp canvas overlays and a Malachite green textile Swoosh. the main risk for Nike at this point is a drop in consumer demand which may result from recessionary activity. The shares tumbled as much as 1. The Drop List 07-18-22. 15. It isn’t merely about procuring a pair of trainers; it’s about the camaraderie, the strategy, and the sheer unpredictability of it all. Nike x Jacquemus. Ask Nike. 01 on Tuesday. Neutral Olive. 25 billion, or 78 cents per share, a year earlier. 3 billion and up 4% from the same period last year. 5% above the current share price. These collectibles feature several colors, from plain color. 7 billion, above analysts. Nike (NKE) Gains But Lags Market: What You Should Know. The Yuto Horigome x Nike Dunk Low SB delivers the Japanese professional skateboarder’s take on the classic silhouette. Nike stock is down big this year amid concerns about slowing growth. 09. In financial terms, the decline translated to $1. Forecast target price for 11-25-2023: $ 104. At the same time, a 15% decrease would drop this Stock Option value by -101%. This year Nike completed 20 straight years of dividend payments, with $484 million paid. Zion Williamson was injured after footwear ripped apart during match being watched by millions. The Drop List 08-01-22. In a statement. EDT, after Chinese state media seemed to encourage consumers to. NIKE, Inc. 2 billion, down 1 percent compared to prior year and up 3 percent on a currency-neutral basis* NIKE Direct reported revenues for the fourth quarter were $4. stock is lower Friday after the company reported fiscal third quarter earnings of $0. 63%. Sold Out. Currency in USD Follow 2W 10W 9M 107. Nike lags Dow in the past 12 months. FY24 EPS is expected to rebound and jump 26% to $3. 53%) reported results for its fiscal 2023 first quarter after the closing bell Thursday, and investors didn't like what they saw. Sports footwear and apparel giant Nike (NYSE: NKE) trailed the market last month by shedding 11% compared to a 7% decline in the S&P 500 , according to data provided by S&P Global Market. Functionally, it would be more similar to GOAT. Under Armour’s and Adidas’ sluggish results and forecast dragged down other big sportswear brands, including Nike (NKE) and Lululemon (LULU). 14%), Walgreens Boots Alliance ( WBA 2. Sold Out. Nike (NKE) Gains But Lags Market: What You Should Know. Sold Out. 38% reported an “upbeat” fiscal. Zoom Vomero 5 Light Bone and Phantom. Nike’s stock has dropped 5. Two types will be available as a part of the drop: Classic Remix sneaker boxes, which contain virtual kicks riffing on Air Force 1 shoes released between 1982 and 2006, and New. 7% per year). 12 billion being wiped off the swoosh brand's market value. 5% increase from the year before; in 1999, sales actually fell by more than 8%. 22%) stock fell for an 11th straight day last Thursday as pressures mount for name brand and big box retailers alike. Better still, gains in Nike's higher-margin, direct-to-consumer businesses helped to boost its. 8% year to date, while the Consumer Discretionary Select Sector SPDR exchange-traded fund XLY, +3. Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they’re acquiring the NFT studio RTFKT (pronounced “artifact”). 80%) could experience a better year in 2023 as China, one of its main geographies for sales, reopens its economy. Nike is dealing with inventory problems. m. Set to release as part of the New York streetwear imprint’s Fall/Winter 2023 Collection Week 2 drop, the team-up features takes on the Nike SB Dunk High and Dunk Low. This has made financial decisions much more challenging for Nike leaders that hold and receive significant amountGreen flag 1: Solid growth. m. Optimistic target level: 105. Nike Shox MR4 Mule Martine Rose Black. From the adidas Yeezy Foam RNNR Sulfur to the Air. 3 million shares. The stock is down about 6% from. In Stock. Given the changes to our revenues and EPS forecast, we. Sold Out. Go find out Nike x sacai Magmascape. S. And that's exactly what's happened so far this year to Dow components like Nike ( NKE -1. S. Through several iterations of KD’s signature line, Nike has paid homage to the athlete’s late Aunt Pearl with a tonal pink finish and unique details. This video will answer whether now is an excellent time to buy Nike. Total sales fell 11. Nike (NKE) closed the most recent trading day at $96. EDT, after Chinese state media seemed to encourage consumers to. It’s the 30th anniversary of. $170. Guides. Nike is the latest company to partner with Mulvaney, who is a transgender activist. Investors may trade in the Pre-Market (4:00-9:30 a. 30%) has had a rough year; the Swoosh is one of the worst-performing members of the Dow Jones in 2022, and the stock. NKE -0. Earnings per share: 94 cents vs. In fact. 88%) are up 79% over the past five years, they dropped roughly 30% in 2022. Nike x Jacquemus. A. Key Points. 17 in the next year. All Rights Reserved. 88%) reported favorable quarterly results that sent its stock jumping in early trading. We want everyone to have a fair shot at getting the latest Nike shoes and gear. business has become "far more difficult than what was. As of Friday afternoon, Nike shares reached an all-time high despite the recent drop in stock due to the controversy over the new campaign featuring. Last quarter, however, net income of just over $1 billion was only 8% of the. Video Transcript. 4% to 128. 51. Updated October 27th, 2023: Images of the Toddler sizes for the Air Jordan 4 “Bred Reimagined” have been updated. 39 billion vs. Upcoming. Nike SB Dunk Low Desert Ochre and Midnight Navy. Nike ( NKE 1. The NIKE 52-week high stock price is 131. Foot Locker reported non-Nike penetration. Title. - Class B () Stock Market info Recommendations: Buy or sell Nike, Inc. . 2 billion (via Yahoo). Container shortages and port congestion delayed some. Their stock dropped 10% through Thursday trading compared to a 3. (NKE) stock. Earnings vs Market: NKE's earnings (12. Air Jordan 1 'Royal Reimagined' Launch DetailsFind the latest NIKE, Inc. Nike reported revenue of $12. ACG MocNike (NKE) closed at $106. Since bottoming on Oct. Then, pow! Shares are down more than 20% from May's peak, and as. The. Demande la plus basse. 46 on Tuesday, falling for a ninth straight session in its longest losing streak since the company’s initial public offering in December 1980. Air Max 1 Vast Grey and Pearl White. Nike returned to its shareholders a total of $1. 73. (NYSE: NKE) plans to release its. Nike ( NKE -1. It was the day after Colin Kaepernick, the former NFL player who kneeled during the US national anthem in. This pair features a floral print throughout the upper, built with a combination of mesh, suede. Shares are still trading below their 50-day moving. 05 from a flat base before plunging, according to. 28 billion. NIKE, Inc. 12M. Step 1: Copy the URL of the Product Listing from Nike. Learn More. 88%) stock is on fire at the moment, surging 57% off its 52-week low of $82. Kaepernick began kneeling during the playing of the national anthem before games in 2016. All. 51 Million Position in NIKE, Inc. This customizable design draws its inspiration from Jarritos®️ history and the original canvas bags used to gather fruit for drink flavoring (all sourced in. m. Shares of Nike ( NKE -1. Nike's inventory fell 3% sequentially, spurred by a high-single-digit percentage drop in units. Women's Dunk Low Cool Grey and Football Grey. 7% Friday after spiking 9. Nike earnings are expected to drop -21% in its current fiscal 2023 at $2. Third quarter reported revenues were $12. This year. Article Thesis. 88 with a yield of 1%, while the average dividend yield of the consumer goods sector is 2. Zoom. The Air Force 1 Travis Scott AF100 also showed a significant price increase, rising in value by roughly $150. Nike set to unveil ‘gender-inclusive’ kids apparel line for Pride month The event is on June 13th Target and Bud Light face backlash and lost sales due to this strategy. 4 billion. Air Jordan 3 Fear. Revenue in 2000 was $9 billion, a meager 2. 32, representing a +0. 2 billion and earnings per share of $1. NKE stock has plunged from a record 179. 65. Positive dynamics for NIKE shares will prevail with possible volatility of 2. Upcoming. Nike earnings are expected to drop -21% in its current fiscal 2023 at $2. 00 to $150. 21 Current Price Price as of November 16, 2023, 4:00 p. In Stock. According to present data Nike, Inc. Women's Air Jordan 1 High OG Satin Bred. 2023 Nike Stock Outlook.