Nike, Inc Stock NKE
In 2024, Nike’s revenue was $51.36 billion, an increase of 0.28% compared to the previous year’s $51.22 billion. Discover which analysts rank highest on predicting the directional movement of NKE. Please bear with us as we address this and restore your personalized lists.
In summary, NKE stock offers a compelling investment opportunity with its sturdy emblem, dependable customer base, and global reach. With Nike’s commitment to consistent growth, market expansion, and ongoing innovation, the outlook for Nike company is still excellent. Options trading provides an attractive alternative, although it is more complex. Here, traders consider price trends in low-risk NKE stock.
NKE Overview
Select to analyze similar companies using key performance metrics; select up to 4 stocks. Nike operates in various sectors and reflects currency fluctuations. When translating revenue from one currency to another, fluctuations in exchange rates can affect the company’s financial results. Over the trailing twelve months, Nike generated revenue of $5.07 billion, yielding a positive return of 9.90%, demonstrating its solid profitability. With a market capitalization of approximately $166.81 billion, Nike occupies an important position in the marketplace, demonstrating widespread acceptance and value. Let’s take a closer look at Nike’s financial statements to understand its operations and financial strength.
Nike has a strong marketing and advertising strategy, that consistently delivers impactful campaigns that touch consumers. The ability to connect with the target audience through effective marketing provides a competitive advantage. Nike (NKE) faces intense competition from brands such as Adidas and Puma. Both Adidas and Puma are major players in the sports footwear and apparel industry, threatening NKE’s market share. It is important for Nike to examine these competitors in order to understand the risks they pose. They changed the name to Nike Inc. in 1972 and launched their first line of apparel in 1978.
E-Commerce Update – Emerging Markets Forecasted To Excel In Online Retail Growth
Nike trading with bd swiss here’s what you need to know before getting started! 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… There is an often overlooked difference between income investing and dividend growth investing. Timely charts showing that inflation is even more subdued than the official CP… Stocks rally on news of the Stargate project, @Theotrade’s Don Kaufman’s stays bullish on Broadcom (AVGO) due to its ability to ride on co-tails of leaders like Nvidia (NVDA).
Analysts’ Consensus
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… The current annual dividend rate is 1.46%, with a quarterly dividend amount of $0.37 per share. Nike, the global powerhouse in sports shoes and apparel, is poised for a promising future. Nike has consistently rewarded shareholders with dividends since 1983, reflecting the company’s commitment to sharing its success. The dividend has grown steadily over the years, with a dividend yield of 1.24% in 2022, providing an attractive incentive for investors.
- With a market capitalization of approximately $166.81 billion, Nike occupies an important position in the marketplace, demonstrating widespread acceptance and value.
- Discover which analysts rank highest on predicting the directional movement of NKE.
- However, even a champion brand like Nike faced challenges, and in the second quarter of fiscal 2023, Nike reported earnings of $5.07 billion, down 16% from the previous year.
- 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.
- Morgan Stanley has a high price target of $135.00; Cowen indicates $130.00 with strong confidence; and Jefferies selects $125.00, conservatively positive.
Matt Boss, JPMorgan equity research analyst, joins CNBC’s ‘Closing Bell’ to discuss outlooks on Nike’s challenges, retail picks, and more. 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.
About NKE
NIKE, Inc. sells athletic footwear, apparel, equipment, and accessories in the U.S. and internationally. NIKE was founded in 1964 and is headquartered in Beaverton, OR. Nike has had 12 stock splits since its IPO, reflecting the company’s growth and commitment to shareholder value. The most recent stock split happened in 2020 with a 5-to-1 split, making the stock attractive to a wide range of investors. Diving thoroughly into its history, financials, stock performance, and even suggested strategies for trading the NKE stock. However, even a champion brand like Nike faced challenges, and in the second quarter of fiscal 2023, Nike reported earnings of $5.07 billion, down 16% from the previous year.
- It facilitates short-term adjustments, reduces the risk of loss, and matches the long-term growth in the portfolio.
- As an eco-friendly brand, Nike released the lightweight and formfitting Flyknit technology in 2015 which reduces waste.
- Among 28 analysts, 20 ratings are “Buy”, 5 are “Hold”, and 3 are “Sell”, revealing various opinions.
- A global economic slowdown could lead to a decline in demand for Nike’s products.
- Consumer preferences and trends in the apparel and sportswear industries can change rapidly.
- When assessing Nike’s valuation in comparison to its peers and the industry, several key financial ratios and metrics come into play.
- When translating revenue from one currency to another, fluctuations in exchange rates can affect the company’s financial results.
Discover which analysts rank highest for NKE overall weighted by direction, price target, and price movement. NKE may explore other product categories or networks to diversify its offerings. For example, entering the what does issuing bonds mean 2021 sports market or collaborating with famous athletes or influencers can attract new customers. The growing popularity of online shopping enables NKE to invest heavily in its e-commerce platform and digital marketing channels to reach more people and increase sales. Nike is one of the most famous and recognized brands in the world.
It increases profits and losses and creates the power of leverage, which can be profitable but carries greater risk. The ability to short sell NKE stock provides a hedge or tool that seeks to profit from a down market. The liquidity of the CFD markets ensures easy position changes, making them perfect for taking advantage of short-term opportunities. Analysts have an average 12-month price target of around fortune teller challenge coin $130 for Nike stock, implying potential upside from current levels based on expectations for Nike’s brand strength and growth initiatives. For a more challenging and growth-seeking approach, consider long-term investments.