NIKE, Inc. (NKE)
| Market Cap | 113.16B |
| Revenue (ttm) | 48.98B |
| Net Income (ttm) | 4.89B |
| Shares Out | 1.49B |
| EPS (ttm) | 3.24 |
| PE Ratio | 23.45 |
| Forward PE | 40.18 |
| Dividend | $1.60 (2.11%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 14,251,482 |
| Open | 75.96 |
| Previous Close | 77.10 |
| Day's Range | 74.86 - 77.99 |
| 52-Week Range | 70.75 - 110.80 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 93.45 (+22.93%) |
| 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 33 analysts, the average rating for NKE stock is "Buy." The 12-month stock price forecast is $93.45, which is an increase of 22.93% from the latest price.
News
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...
CFRA: It's time to take a pause on Nike
CFRA analyst Zachary Warring discusses Nike's latest results, and the tough road ahead laid out by new CEO Elliott Hill to turn the business around.
Nike is setting a very low bar for its turnaround plan, says TD Cowen's John Kernan
John Kernan, TD Cowen managing director and retail analyst, joins 'Squawk Box' to discuss Nike's turnaround plan, the challenges facing new CEO Elliott Hill, and more.
Nike's new CEO plans to go back to basics in brand overhaul effort
Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some...
Nike CEO Pledges to Reignite Growth
Nike's new Chief Executive Officer Elliott Hill pledged to reignite growth by revamping the company's products and refocusing around sports like basketball, football and soccer. Nike will also more cl...
Nike's new CEO said the company messed up 3 key areas that he's trying to fix — and it's bad news for customers who like cheap stuff
Nike's CEO Elliott Hill said that there are three things he wants to fix at Nike. One mistake was being "too promotional" and offering too many discounts.
Nike's Mission to Return to Profitability: Reignite Its Legacy
Nike's journey back to profitability, spearheaded by a reinvigorated leadership team, marks a pivotal moment in the company's storied history. With a new CEO at the helm, Nike is focusing on three cor...
NIKE, Inc. (NKE) Q2 2025 Earnings Call Transcript
NIKE, Inc. (NYSE:NKE) Q2 2025 Earnings Conference Call December 19, 2024 5:00 PM ET Company Participants Paul Trussell - Vice President of Corporate Finance and Treasurer Elliott Hill - President and...
Nike CEO says sneaker giant ‘lost its obsession with sport,' vows to revive iconic brand
Analysts said CEO Elliott Hill faces tough critics and a long slog to claw back lost market.
Final Trade: UNH, XLE, WFC & NKE
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Nike's NFL deal, Belichick's new gig, UFC growth: YF Sports Report
For over 12 years, Nike (NKE) has partnered and collaborated with the NFL as the exclusive provider of uniforms and apparel for all 32 teams in the league. Earlier this week the sportswear giant annou...
Nike Stock Jumps as Sales, Profits Top Estimates in New CEO's First Quarter
Nike (NKE) shares jumped in extended trading Thursday after the athletic apparel maker topped analysts' estimates with its fiscal second-quarter results, its first since new CEO Elliott Hill took over...
Oppenheimer's Brian Nagel on Nike: The brand is still in tact
Brian Nagel, Oppenheimer senior analyst, joins 'Closing Bell: Overtime' to discuss Nike earnings and his outlook for the stock.
Nike's CEO touts ‘immediate action' to please shareholders. Shares are rallying after earnings.
Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped expectations, following a big leadership shakeup at the company earlier this year.
Nike profits and sales beat forecasts, shares surge 11%
Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to the embattled sportswear brand's stores and website to buy newly release...
Nike jumps 8% after retailer posts better-than-feared results in Elliott Hill's first quarter as CEO
Nike on Thursday posted better-than-expected results under new CEO Elliott Hill, who said the company is taking “immediate action” to fix the business and return it to growth.
NIKE, Inc. Reports Fiscal 2025 Second Quarter Results
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its second quarter ended November 30, 2024. Second quarter revenues were $12.4 billion, down 8 ...
Nike's Earnings Loom With Bearish Signals: Will The Swoosh Bounce Back?
Nike Inc NKE will be reporting its second-quarter earnings on Thursday. Wall Street expects 64 cents in EPS and $12.13 billion in revenues as the company reports after market hours.
Options Trades in NKE and BA
Ahead of Nike (NKE) earnings, Kevin Hincks examines the athleisure retailer and provides an example options trade. Meanwhile, Boeing (BA) announced a resumption of production for 767 and 777 jets.
Earnings Preview: What To Expect From Nike
Nike is scheduled to report earnings after Thursday's close. The stock hit a record high of $179.10/share in 2021 and is currently trading near $76.
NKE's Room to Run Against ONON & DECK
Nike (NKE) is scheduled to report earnings after hours and has a recent history of making big moves in past quarters. Zach Warring believes the company has room to run up, arguing investor "expectatio...
How To Earn $500 A Month From Nike Stock Ahead Of Q2 Earnings
Nike, Inc NKE will release earnings for its second quarter, after the closing bell on Thursday, Dec. 19.
The Risky Strategy Behind Nike's Massive Holiday Discounts
The sneaker giant's new CEO is trying to clear out inventory, pressuring retailer partners.
New Nike CEO Hill gets his chance to lay out turnaround plan
Two months into his tenure as Nike CEO, Elliott Hill gets his first shot on Thursday to convince investors he can rescue the flailing sportswear company after a year stained by layoffs and cratering s...