NIKE, Inc. (NKE)

NYSE: NKE · IEX Real-Time Price · USD
93.39
-0.79 (-0.84%)
At close: Jun 14, 2024, 4:00 PM
93.38
-0.01 (-0.01%)
After-hours: Jun 14, 2024, 7:59 PM EDT
-0.84%
Market Cap 140.97B
Revenue (ttm) 51.58B
Net Income (ttm) 5.23B
Shares Out 1.51B
EPS (ttm) 3.40
PE Ratio 27.47
Forward PE 26.54
Dividend $1.48 (1.59%)
Ex-Dividend Date Jun 3, 2024
Volume 6,352,403
Open 93.80
Previous Close 94.18
Day's Range 93.30 - 94.78
52-Week Range 88.66 - 123.39
Beta 1.05
Analysts Buy
Price Target 116.10 (+24.32%)
Earnings Date Jun 27, 2024

About NKE

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the 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, g... [Read more]

IPO Date Dec 12, 1980
Employees 83,700
Stock Exchange NYSE
Ticker Symbol NKE
Full Company Profile

Financial Performance

In 2023, NIKE, Inc.'s revenue was $51.22 billion, an increase of 9.65% compared to the previous year's $46.71 billion. Earnings were $5.07 billion, a decrease of -16.14%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for NKE stock is "Buy." The 12-month stock price forecast is $116.1, which is an increase of 24.32% from the latest price.

Price Target
$116.1
(24.32% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Which Is A Better Pick – Unilever Or Nike Stock?

We believe that Nike (NYSE: NKE) is currently a better pick over Unilever (NYSE: UL). The decision to invest often comes down to finding the best stocks within the scope of certain characteristics tha...

Other symbols: UL
17 hours ago - Forbes

Nike stock: is now the right time to invest in $NKE?

Nike Inc (NYSE: NKE) has lost about 10% this year but a Deutsche Bank analyst is convinced the story moving forward will be a different one.  Nike stock has upside to $115 Krisztina Katai resumed cove...

1 day ago - Invezz

Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says

Goldman Sachs analyst Brooke Roach reiterated a Buy rating on the shares of Nike Inc NKE with a price target of $118.00. Nike's F4Q earnings result is scheduled for June 27.

2 days ago - Benzinga

Is Nike a Buy as Wall Street Analysts Look Optimistic?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analy...

4 days ago - Benzinga

Final Trades: Nike, Merck, General Motors and the XLE

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: GMMRKXLE
7 days ago - CNBC Television

Can Nike Stock Nearly Double To Pre-Inflation Shock Highs Of Over $175?

Nike's stock (NYSE: NKE), a company designing, developing, and marketing footwear, apparel, equipment, and accessory products, currently trades at $94 per share, around 47% below its level of $176 see...

9 days ago - Forbes

NIKE, Inc. Announces Fourth Quarter Fiscal 2024 Earnings and Conference Call

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) plans to release its fourth quarter fiscal 2024 financial results on Thursday, June 27, 2024, at approximately 1:15 p.m. PT, following the clos...

11 days ago - Business Wire

5 Stocks That Are Close To Becoming Dividend Aristocrats

Income investors love Dividend Aristocrats. And why not?

Other symbols: ESLMTQCOMSO
12 days ago - Forbes

Nike Stock Is at a Crucial Moment. A Comeback Hangs in the Balance.

In theory, Nike should be killing it, as demand for athletic sneakers has been strong. But the apparel maker's stock is down by a double-digit percentage year to date.

14 days ago - Barrons

Nike has a $28 million decision to make with its Caitlin Clark shoe: Design it for women or make it unisex?

When Nike NKE, -0.36% and Caitlin Clark agreed to a record-setting $28 million shoe deal for a WNBA player, the two sides agreed to create a signature shoe for the Indiana Fever guard.

15 days ago - Market Watch

2024 is being called ‘the year of the dividend.' These 5 stocks keep on giving.

Declining U.S. interest rates will boost yield-paying shares.

Other symbols: BMYCIVICSCOGILD
16 days ago - Market Watch

US Supreme Court rebuffs lawyer Michael Avenatti's bid to overturn Nike-related convictions

The U.S. Supreme Court declined on Tuesday to hear a bid by imprisoned celebrity lawyer Michael Avenatti to overturn his conviction for defrauding a client and extorting athletic wear company Nike.

17 days ago - Reuters

Final Trade: UAL, NKE, SLV & CRSP

The final trades of the day with CNBC's Melissa Lee and the Option Action traders.

Other symbols: SLVCRSPUAL
21 days ago - CNBC Television

Why Nike, Lululemon, and Under Armour stocks could be promising for investors: EquitySet CEO

As major retailers continue to report earnings this week, investors should be thinking more about the brands filling store shelves. EquitySet CEO Tony Zipparro makes the case for including the top ath...

Other symbols: LULUUAUAA
24 days ago - Yahoo Finance

3 Cheap and Dependable Dividend-Growth Stocks to Buy

These dividend growers look undervalued today.

Other symbols: BMYGILD
24 days ago - Morningstar

Converse to cut jobs as part of Nike's cost-savings plan

Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday.

4 weeks ago - Reuters

Trade Tracker: Amy Raskin sells Nike and CVS

Amy Raskin, CIO at Chevy Chase Trust, joins CNBC's "Halftime Report" to discuss her latest stock sales.

Other symbols: CVS
4 weeks ago - CNBC Television

DICK'S Sporting Goods and Nike Announce Fourth Annual It's Her Shot Tour

Past and present WNBA players to join the tour and help the next generation of girls find their confidence on and off the court PITTSBURGH , May 9, 2024 /PRNewswire/ -- Today DICK'S Sporting Goods (NY...

Other symbols: DKS
5 weeks ago - PRNewsWire

NIKE, Inc. Declares $0.370 Quarterly Dividend

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.370 per share on the Company's outstanding Class A and...

6 weeks ago - Business Wire

24 Dividend Aristocrats in the stock market with the fastest-growing payouts

At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...

Other symbols: ABTADIADPAFGAFLBBYBMI
6 weeks ago - Market Watch

CNBC's 2024 Stock Draft: Comedian Druski chooses Nike for his first-round pick

CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.

7 weeks ago - CNBC Television

Nike, Adidas, and HOKA will soon be sold in JD Sports thanks to Hibbett's $1 billion buy

JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand ac...

Other symbols: HIBB
7 weeks ago - Fast Company

Nike needs a win, and it's betting on Caitlin Clark to deliver one

Caitlin Clark is reportedly adding to the $76,535 starting salary she'll make in the WNBA in a big way: with an eight-figure endorsement deal with Nike Inc.

7 weeks ago - Market Watch

Nike Stock in Focus Amid Plans to Trim More than 700 Staff by End of June

Shares in Nike (NKE) will be in focus Monday after the sports apparel and equipment maker revealed via a notice filed on Friday that it plans to lay off 740 employees at its Beaverton, Oregon headquar...

7 weeks ago - Investopedia

Nike Reverses Course as Innovation Stalls and Rivals Gain Ground

Shoe giant stumbled as CEO John Donahoe pulled away from retailers and relied on old hits. Now it says it's refocusing on cutting-edge footwear for athletes.

7 weeks ago - WSJ