NIKE, Inc. (NKE)
| Market Cap | 104.78B |
| Revenue (ttm) | 48.98B |
| Net Income (ttm) | 4.89B |
| Shares Out | 1.48B |
| EPS (ttm) | 3.24 |
| PE Ratio | 21.86 |
| Forward PE | 37.10 |
| Dividend | $1.60 (2.26%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 7,881,113 |
| Open | 71.43 |
| Previous Close | 71.11 |
| Day's Range | 70.84 - 71.52 |
| 52-Week Range | 70.32 - 107.43 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 92.47 (+30.53%) |
| Earnings Date | Dec 19, 2024 |
About NKE
NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the NIKE, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. It also sells a line of performance equipment and accessories comprising bags, sport balls, socks, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other ... [Read more]
Financial Performance
In 2024, Nike's revenue was $51.36 billion, an increase of 0.28% compared to the previous year's $51.22 billion. Earnings were $5.70 billion, an increase of 12.43%.
Financial StatementsAnalyst Forecast
According to 32 analysts, the average rating for NKE stock is "Buy." The 12-month stock price forecast is $92.47, which is an increase of 30.53% from the latest price.
News
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CP...
Nike: Apparel Giant Preparing For A Comeback In 2025
Nike's stock has dropped significantly, but remains the most valuable sports brand, presenting a strong turnaround investment opportunity. Q2 FY25 earnings showed declines, but cost-cutting and shareh...
Nike has some catching up to do in 2025
Nike plans to launch new running shoes this year. In 2024, Nike trailed competitors like Asics and Adidas in running shoe launches.
My Top 10 Dividend Paying Buy-And-Hold Stocks For 2025
I will introduce you to my top 10 dividend paying buy-and-hold stocks that I would keep in my portfolio for at least the next 10 years. While some of these companies pay a relatively attractive divide...
My Top 15 High Growth Dividend Stocks For January 2025
The SPDR S&P 500 ETF Trust ended 2024 on a sour note, losing 2.41% in December and finishing the year up 24.89%. The Top 15 dividend growth stocks for January 2025 offer an average dividend yield of 1...
Double Buzzkill: Nike and Boeing
The 'Fast Money' traders talk how to play two sliding stocks: Nike and Boeing.
Will Dow Jones index 2024 losers become 2025 gainers?
The Dow Jones index has pulled back lately and fallen by over 5% from its December highs as bond yields soared. It ended the year at $42,665, down from last year's high of $45,000.
2025 will be good for aspirational brands, says J. Rogers Kniffen WWE Jan Kniffen
Jan Kniffen, J. Rogers Kniffen WWE CEO, joins CNBC's 'Power Lunch' to discuss retail outlooks for 2025.
Domino's and Nike: why investors are betting on a 2025 comeback
Domino's and Nike are two names that have failed to please their shareholders this year but hedge funds continue to bet big on both stocks for 2025. A number of big investors have recently increased t...
Is Nike stock positioned for a blockbuster 2025?
Nike Inc (NYSE: NKE) has had a turbulent 2024 but the coming year is unlikely to be particularly kind to the world's largest sportswear brand either, according to Wall Street analysts.
Nike has had a rocky year — here's why a comeback will take time
Nike is the world's largest sportswear brand but the company has struggled this year. Can Nike's new CEO Elliot Hill turn things around for the company?
Nike Earnings Summary: Undervalued By 25-30%, But The Brand Has Dug Itself A Huge Hole
Nike reported their fiscal Q2 '25 financial results last Thursday night, December 19th, '24. Guidance for the last two quarters of fiscal '25 is tough, primarily due to inventory re-alignment. The bes...
Why Nike Is Struggling
Nike is the world's largest sportwear brand but the company is on a mission to regain its stride after a challenging year. A series of poor earnings reports over the past year eventually wiped out $28...
Why Nike's CEO believes turnaround efforts could hurt in the short term
Bloomberg reports Nike Inc. is bracing for a turbulent phase as new Chief Executive Officer Elliott Hill leads efforts to revitalize the sportswear giant. Hill, who assumed the role in October, announ...
Analysts Warn Nike's Business Could ‘Get Worse Before It Can Get Better'
Several analysts lowered their price targets for Nike's (NKE) stock Friday, concerned its turnaround could take longer than expected after the athletic apparel giant offered a sluggish outlook.
Nike's problem is larger than marketing, says JPMorgan's Matt Boss
Matt Boss, JPMorgan equity research analyst, joins CNBC's 'Closing Bell' to discuss outlooks on Nike's challenges, retail picks, and more.
Why Nike could be poised for a turnaround
Simeon Siegel, senior retail analyst at BMO Capital Markets, joins CNBC's 'The Exchange' to discuss why Nike's stock could turn around, what the company can do to increase investor confidence, and mor...
Nike Stock: Why Investors Should Still 'Just Do It' (Rating Upgrade)
NIKE stock is down 30% YTD and 56.75% off its all-time high, presenting a buying opportunity for patient investors believing in mean reversion. New CEO Elliott Hill emphasizes a pivot back to sports f...
Here's how the new Nike CEO Elliott Hill can fix the company's woes
Aneesha Sherman, Bernstein analyst, joins 'Squawk on the Street' to discuss if Nike's CEO can fix the company's problems, how quickly the wholesale relationships can be fixed, and much more.
Watch These Nike Stock Price Levels as Strategy Shift Weighs on Outlook
Nike (NKE) shares lost ground Friday morning after the sports equipment and apparel reported quarterly results that topped Wall Street's estimates but provided an outlook that came in below expectatio...
Nike earnings offer 'blunt assessment' of near-term woes: Analyst
Nike (NKE) reported fiscal second quarter earnings beating Wall Street estimates on the top and bottom lines. The report marks the athletic wear company's first quarterly results since Elliott Hill to...
Nike Stock Turnaround Path Clear, Analyst Says: 'Getting Back To Winning Takes Time'
Nike Inc NKE analysts are highlighting the company's new turnaround plan under CEO Elliott Hill with a focus on inventory, product innovation and wholesale partnerships being key takeaways Friday foll...
Buy, Sell, Or Hold Nike Stock?
A company designing, developing, and marketing footwear, apparel, equipment, and accessory products, Nike (NYSE: NKE), stock is down 28% since the beginning of this year, compared to 23% growth in the...
From Nike to Intel, CEO departures at U.S. companies hit a record this year
CEO exits at U.S. public companies hit a record in 2024 as they faced competitive and strategic challenges. Turnover included chief executives at U.S. companies that have long dominated in their indus...
Why Nike is making Tiffany McGhee's holiday "nice" list
Pivotal Advisors' Tiffany McGhee discusses the potential for more market volatility going into the new year, following the Fed's hawkish shift and shutdown drama in Washington, plus highlights why she...