NIKE, Inc. (NKE)
| 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]
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 StatementsAnalyst 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.
News
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...
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,...
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...
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...
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...
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...
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.
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.
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.
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...
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.'
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.
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.
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.
Citi opens a negative catalyst watch on Nike
The "Halftime Report" traders debate the biggest analyst calls of the day
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.
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.
Three Stock Lunch: Chevron, Nike & DraftKings
Eva Ados, ER Shares chief operations officer, joins ‘Power Lunch' to discuss three stocks: Chevron, Nike and DraftKings.
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.”
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...
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
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 ...
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.
