NIKE, Inc. (NKE)

NYSE: NKE · IEX Real-Time Price · USD
-0.89 (-0.83%)
At close: Jun 8, 2023, 4:00 PM
-0.05 (-0.05%)
After-hours: Jun 8, 2023, 7:59 PM EDT
Market Cap 163.23B
Revenue (ttm) 50.63B
Net Income (ttm) 5.48B
Shares Out 1.54B
EPS (ttm) 3.47
PE Ratio 30.58
Forward PE 36.36
Dividend $1.36 (1.28%)
Ex-Dividend Date Jun 2, 2023
Volume 8,797,563
Open 107.16
Previous Close 107.09
Day's Range 105.67 - 107.52
52-Week Range 82.22 - 131.31
Beta 1.11
Analysts Buy
Price Target 129.37 (+21.82%)
Earnings Date Jun 26, 2023

About NKE

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories 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. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, d... [Read more]

IPO Date Dec 12, 1980
Employees 79,100
Stock Exchange NYSE
Ticker Symbol NKE
Full Company Profile

Financial Performance

In 2022, Nike, Inc.'s revenue was $46.71 billion, an increase of 4.88% compared to the previous year's $44.54 billion. Earnings were $6.05 billion, an increase of 5.57%.

Financial Statements

Analyst Forecast

According to 37 analysts, the average rating for NKE stock is "Buy." The 12-month stock price forecast is $129.37, which is an increase of 21.82% from the latest price.

Price Target
(21.82% upside)
Analyst Consensus: Buy
Stock Forecasts


Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause

U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interes...

9 hours ago - Investopedia

DICK'S Sporting Goods Partners with Nike, Jordan Brand and Athletes For Next Phase of "Sports Change Lives" Campaign

Carmelo Anthony, Sabrina Ionescu & Mike Trout among Nike and Jordan Brand stars featured; Each athlete will nominate a youth sports organization for a $75,000 "75for75" Sports Matter Grant; Exclusive,...

Other symbols: DKS
2 days ago - PRNewsWire

Nike: A Growth Company With Declining Profitability

Nike ( NKE , Financial) has not been rewarding investors as of late as its shares are down nearly 8% year-to-date. The iconic maker of athletic footwear and apparel has underperformed the S&P 500, whi...

2 days ago - GuruFocus

Nike stock jumps to lead the Dow's premarket gainers, snaps losing stretch

Shares of Nike Inc. NKE, -1.55% jumped 3.0% to pace all of the Dow Jones Industrial Average's DJIA, +0.47% premarket gainers, putting them on track to snap a four-day losing streak. The athletic appar...

6 days ago - Market Watch

NIKE, Inc. Announces Fourth Quarter Fiscal 2023 Earnings and Conference Call

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) plans to release its fourth quarter fiscal 2023 financial results on Thursday, June 29, 2023, at approximately 1:15 p.m. PT, following the clos...

1 week ago - Business Wire

Nike is coming back to Macy's after being benched for the past year and a half

Macy's Inc. is bringing Nike products back to certain stores and e-commerce operations in the fall and will further scale the offering to additional locations in spring of 2024, Chief Executive Jeff G...

Other symbols: M
1 week ago - Market Watch

Nike shuffles executives, seeks "breakthrough innovation" as unwanted Air Maxes and Air Jordans pile up

Nike this week announced a slew of executive moves, including new presidents. The company wants to develop the next "breakthrough innovation.

1 week ago - Business Insider

Nike backs Bob Iger in DeSantis' Disney feud following Dylan Mulvaney ads

Nike CEO John Donahoe said that companies should "stand up for your values" if politicians like DeSantis decide to target "woke" companies.

Other symbols: DIS
2 weeks ago - New York Post

Nike's Rocky Rollout of Ja Morant's Latest Sneaker

Nike released a sneaker from Ja Morant despite the Memphis Grizzlies star's recent suspension from his team and some retailers dropping the launch.

2 weeks ago - WSJ

NIKE Announces Senior Leadership Changes to Deepen Consumer-Led Growth and Marketplace Advantage

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) announced senior leadership changes today that will continue to build on its strong momentum and underscore Nike's commitment to product innovat...

2 weeks ago - Business Wire

Nike CEO John Donahoe says disengaging from China would be 'disastrous' amid rising geopolitical tensions

As China steps up aggression against Taiwan, Nike CEO John Donahoe said risk is everywhere but decoupling from the region would be 'disastrous.'

2 weeks ago - CNBC

Nike CEO John Donahoe says brands need to stand by their values amid DeSantis, Disney feud

Nike's CEO John Donahoe said during the inaugural CNBC CEO Council Summit it's important for corporations to fight for the values integral to their brands.

2 weeks ago - CNBC

Nike CEO: China is a very important market to us

Nike CEO John Donahoe joins 'Squawk on the Street' to discuss the recent tensions between the United States and China, how important the market is to the athletic brand, and more.

2 weeks ago - CNBC Television

Dow Jones Today: Nike Trips Up Index

Coming off a positive week, the Dow Jones Industrial Average dropped 0.4%, or 140 points, as investors continued to wait for developments in the U.S. debt ceiling negotiations.

2 weeks ago - Investopedia

Citi opens a negative catalyst watch on Nike

The "Halftime Report" traders debate the biggest analyst calls of the day

2 weeks ago - CNBC Television

Nike impacted by declining Foot Locker sales, retail environment

Yahoo Finance markets reporter Josh Schafer breaks down the impact of Foot Locker sales on Nike, retail inventory, and how the resale market is impacting the company.

Other symbols: FL
2 weeks ago - Yahoo Finance

Nike has aligned itself so tightly with Foot Locker that the retailer is bringing the sneaker giant down with its latest earnings

Foot Locker on Friday morning reported disappointing quarterly earnings. Some analysts this weekend lowered expectations for Nike.

Other symbols: FL
2 weeks ago - Business Insider

Three Stock Lunch: Chevron, Nike & DraftKings

Eva Ados, ER Shares chief operations officer,  joins ‘Power Lunch' to discuss three stocks: Chevron, Nike and DraftKings.

Other symbols: CVXDKNG
2 weeks ago - CNBC Television

Nike stock falls to lowest price this year after rare ‘sell' call by analyst

Shares of Nike Inc. dived Monday toward a new 2023 low, after a rare analyst's call to sell, with Williams Trading's Sam Poser saying the athletic apparel giant's footwear has run “stale.”

2 weeks ago - Market Watch

Apple, DraftKings, Nike: Top movers May 23, 2023

Yahoo Finance contributor Remy Blaire reports from the New York Stock Exchange on the top movers this morning including, Apple, UBS raising its rating for DraftKings to buy, and how Nike is fairing fo...

Other symbols: AAPLDKNG
2 weeks ago - Yahoo Finance

Nike may have misclassified workers and could face over $530m in tax fines

Exclusive: Sporting goods company may have misclassified thousands of temporary office workers, according to documents

3 weeks ago - The Guardian

Retailers say theft cost nearly $100 billion last year. But are stores using crime stats to cover up other problems?

When REI announced plans in April to close one of its best-performing stores, a location in downtown Portland, Ore., the sporting-goods retailer became the latest to cite shoplifting and higher crime ...

3 weeks ago - Market Watch

7 Best Retail Stocks to Invest in

Consumer spending is the lifeblood of the economy. It's easy to look around and see the numerous brands, products and services circulating in your household.

3 weeks ago - MarketBeat

These retailers are most at risk for a margin squeeze this earnings season thanks to cautious consumers, heavy promotions

Affordability is the primary thing consumers are considering before buying something and it could lead retailers to use discounts to woo customers.

3 weeks ago - CNBC

Dow Jones Today: Index Slumps on Retail Sales

The Dow Jones Industrial Average fell 1%, or 336 points, on a day of disappointing earnings and macroeconomic reports. Nike lost the most, while Microsoft led a small pack of gainers.

3 weeks ago - Investopedia