34 Wall Street research analysts have issued twelve-month price targets for NIKE's stock. We forecast earnings per share to come in at $3. Finance, the footwear name saw its stock drop approximately 35%, around $950 million USD in market value, after announcing that it would be offering less Nike products this year. 76 per share. 7% during the first six months of 2023, according to S&P Global Market Intelligence. Nike has been struggling with sluggish sales in recent years. Earnings vs Savings Rate: NKE's forecast earnings growth (12. Nike and Kyrie Irving split up after antisemitism controversy Published Mon, Dec 5 2022 12:30 PM EST Updated Mon, Dec 5 2022 1:02 PM EST Gabrielle Fonrouge @in/gabrielle-fonrouge @fonrougegabEarnings per share: 79 cents vs. Nike's stock is still up nearly 30% in 2018. Air Jordan 1 'Royal Reimagined' Launch DetailsFind the latest NIKE, Inc. Air Max 1 Vast Grey and Pearl White. Temporary store. 10% least volatile stocks in US Market. All Rights Reserved. business has become "far more difficult than what was. According to the current price, Nike is 120. Updated October 27th, 2023: Images of the Toddler sizes for the Air Jordan 4 “Bred Reimagined” have been updated. View the latest Nike Inc. This shoe features a Wings logo on the. 4. Now the stock is consolidating within a flat base. The Nike SB Dunk Low Decon N7 Will Release Only Via SNKRS And Heard Museum. -647. Nike Stock Drops After Latest Quarterly Results; CFO Warns of Coming Markdowns Audio Latest Headlines World Topics. Your. A. Profit margins are falling. 7% on. 00. , based near Beaverton,. @Nike is a $130 Billion market cap which means that’s almost 3 billion dollars. The Drop List 07-04-22. com - November 17 at 7:19 PM. The Nike stock price gained 0. 75 billion in market cap after announcing free agent NFL quarterback Colin Kaepernick as the new face of its “Just Do It” ad campaign. These included strong free cash flow generation, partly offset by. The long-term ramifications for Nike remain to be seen, but in the short term, investors reacted by unloading Nike stock. 30, moving -0. 6% below the current share price. Nike ( NKE 1. Shares of Nike fell 6. By Brad Crawford Feb 21, 2019. 09. Concerns over China's wobbling economy and North American consumers. That topped. Nike reported Q2 revenue of $13. From the adidas Yeezy Foam RNNR Sulfur to the Air Jordan 2 Union LA, find out the best sneakers releasing this week in this latest installment of The Drop List. But even with the drop in value, the retail stock is trading at close to 30 times its trailing earnings. 7 billion in the latest quarter, and higher. Key Points. Set to release as part of the New York streetwear imprint’s Fall/Winter 2023 Collection Week 2 drop, the team-up features takes on the Nike SB Dunk High and Dunk Low. This change was narrower than the S&P 500's 0. Nike (NYSE:NKE) will release its first-quarter earnings results on September 29. 8 billion, up 7. However, since Nike's new deal with Kaepernick, the sportswear company's value is reportedly up $26. 00. 7 percent on Thursday and closed down 1. With Chase B. 7 billion, above analysts. Amid inventory shortages and. 1 Color. Shares of Nike found themselves under pressure after the company released its quarterly results. The latest drop. A high. Kup . Air VaporMax Moc Roam Black. 2023 Nike Stock Outlook. What are analysts forecasts for Nike stock? The 96 analysts. 54% on Thursday, while the S&P 500. 39 billion vs. 46 billion and EPS of $1. 2% slump in the S&P 500, according to data. $250. an increase of about 15% for the S&P 500 over this roughly 3-year period. Just Dropped. LEO Draw 2-3 minute draw on Nike. The stock price drop implies a much larger negative outcome than the. 23% away from the 52-week low. Women's Sneakers. the main risk for Nike at this point is a drop in consumer demand which may result from recessionary activity. Discover the latest innovation in Nike's Dunk series with the Drop Off Dunk Disrupt, a bold and edgy design that combines a platform stance, exaggerated proportions and vibrant colors. (NYSE:NKE) today reported financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. ET) and the After Hours Market (4:00-8:00 p. Yes. 3 billion for the fiscal year 2024, up 6% y-o-y. Upcoming. 340 per share on the Company’s. A high-level overview of NIKE, Inc. These are currently slated to drop on March 20 for $225 USD. Nike stock has climbed about 8% so far this year after losing nearly 30% in 2022. Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves. Sold Out. Cap Rank. The Drop List 07-18-22. 6. $12. 168 €. Joe Raedle. 37% has run up 17. Nike Shox MR4 Mule Martine Rose Black. The NIKE 52-week low stock price is 88. Michael Jordan’s namesake brand confirmed on the Nike SNKRS. 53%) are crashing 4% as of 11 a. Air Jordan 3 'Fear' Learn More. Explore, buy, and unlock the best of Nike sneakers. First-quarter sales in Nike’s home region beat analysts’ estimates. Advertisement. - Class B (NKE) with Hold Recommendation. (Justin Sullivan/Getty Images) Shares of Nike sank nearly 12% on Friday, the biggest laggard on the Dow, after the company said it had too much inventory and not enough consumer demand. 30. 12M. The average stock on the S&P 500 trades at a multiple of just 20. 4% lower in pre-market trading to indicate an opening bell price of $84. Functionally, it would be more similar to GOAT. Nike Dunk Low Championship Court Purple. Tony Maglio. RTFKT x Nike Dunk Ghost Edition (G) 1 item. 83 billion vs. The low in the last 52 weeks of Nike stock was 88. Nike stock ended the day 7. 1250 South Service Rd. Nike Inc. Terminator Low Sesame and Coconut Milk. Nike has touched off a furor by wading into football's national anthem debate with an ad featuring Colin Kaepernick, the former 49ers quarterback. Upcoming. The company behind the Lebron 21, Air Force 1 and Air Jordans is expected to report its first quarter earnings, and it comes at a pivotal time. The athletics giant posted an adjusted net income. Image source: Getty Images. 35 just 10 months later. Zion Williamson was injured after footwear ripped apart during match being watched by millions. 36% based on this year's estimates. £109. Learn more. Nike faced increasing backlash from women over having transgender influencer Dylan Mulvaney promote the company’s apparel as a “Burn Bra Challenge” was launched on TikTok. Dow Jones Stocks To Watch: Nike, Salesforce. Stock price hit. Nike ( NKE -1. As of this writing, Nike stock is 7% off its recent highs, marking the biggest drop in NKE stock in 2019. Revenue: $12. Nike Dunk Low SP St. Updated 12:15pm ET: The Shock Drop is now rumored to occur at 12:40pm EST time. 28 was $1. 5 Bil, in line with the consensus estimate. 28 after the market closes, with Wall Street expecting earnings of 74 cents. Last week, Nike’s stock closed at an all-time high of more than $85 a share. m. 12 as of 7/22/22. . NKE stock jumped 6. 3 billion for the fiscal year 2024, up 6% y-o-y. We want everyone to have a fair shot at getting the latest Nike shoes and gear. This page (NYSE:NKE) was last updated on 11/18/2023 MarketBeat. At the same time, a 15% decrease would drop this Stock Option value by -101%. S. com ebay. The owner of Nike Stock Options should be prepared and ready to experience significant short-term declines like the ones shown in the chart above. The morning gain pushed Nike stock back above its 10-day and 21-day moving averages. 20%) stock is ending 2020 with a bang. Sold Out. Nike Inc. The stock now trades at a premium of 48x its projected 2022 earnings per share of about $3. View the NKE premarket stock price ahead of the market session or assess the after hours quote. I think the current valuation is fair given the company's top (and growing) position in a huge. Sold Out. Cl B stock falls Friday, underperforms market. This change was narrower than the S&P 500's 0. However, this value is not very meaningful because the P/E ratio has increased sharply as a result of the drop in profits in the current fiscal year. The second key opportunity stems from Nike’s valuation multiple compared to its peers. 1 Color. Air Jordan 11 'Gratitude' (CT8012-170) Release Date Shock Drop. 88%) are up 79% over the past five years, they dropped roughly 30% in 2022. The raffle for Travis Scott's upcoming Jordan 1 Low Golf will take place on October 10th, 2023. Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they’re acquiring the NFT studio RTFKT (pronounced “artifact”). But Nike Stock Witnessed Something Similar During The 2008 Downturn. Nike (NKE) has a Smart Score of 9 based on an analysis of 8 unique data sets, including Analyst Recommendations, Crowd Wisdom, and Hedge Fund Activity. New York CNN Business —. Given the changes to our revenues and EPS forecast, we. Women's Air Jordan 1 High OG Satin Bred. £81. 66 and its highest was $130. However, the company’s stock rallied, and a report by Edison Trends suggested that the company’s e. 4%. 44. This year. Nike stock climbs after initial losses. 38%. Nike's stock is still up nearly 30% in 2018, even after Tuesday's drop. 1 billion, with projections suggesting the space will reach a valuation of $215. And since we process orders on a first-come-first-serve basis, you may get a "You’re in line" or "Waiting for your turn" message when shopping. 3 billion and up 4% from the same period last year. This has made financial decisions much more challenging for Nike leaders that hold and receive significant amountGreen flag 1: Solid growth. Published on September 14, 2018 06:24PM EDT. Nike Inc share price live 105. The NIKE 52-week high. In early and mid-April. Participation from Market Makers and ECNs is strictly voluntary and as a result. Q2 FY’23 refers to the quarter that ended on November 30, 2022. Founded in 2013 by Chris “Spanto” Printup and Alex “2Tone” Erdmann, the Los Angeles brand Born X Raised celebrates its community’s culture and vitality through the clothing, films, and events that it creates. NOCTA Basketball Accessories Collection. View daily, weekly or monthly format back to when NIKE, Inc. The stock does not offer a lot of upside potential at prices around $117 per share and a price target of $120. Nike not giving any detail in the lawsuit about how it obtained the shoes feels like a choice made to obfuscate a legitimate evaluation of how good StockX is at identifying fake shoes. NIKE, Inc. Nike (NKE) said Thursday its inventory levels soared 65% in North. It's worth noting, it's tough to directly tie the dip. The Air Jordan 1 Lost and Found. The NIKE 52-week low stock price is 88. NKE stock has declined from around $147 to $128 over the last year, underperforming the broader indices, with the S&P falling about 8% over the same. The swoosh is. © 2023 Nike, Inc. as Nike saw its inventory drop sequentially and only grow 16% YoY, showing that. Earnings per share: 94 cents vs. 94 billion vs. 31, which is 23. This Nike SB Dunk Low is composed of a cloudy blue sky and green meadow leather upper with faux cowhide on the overlays and tongues. Globally, sales rose 10% on a currency-neutral basis in the period. On November 5th of 2021, Nike stock closed at its most recent all-time high of $177. Total inventory units are down by a double-digit percentage compared to the first fiscal quarter. 70%) shareholders lost ground to a falling market this week. 53%) fell 6. 92. Nike (NKE) Gains But Lags Market: What You Should Know. In Q3, Nike’s net income was down $1. NKE Long-Term Chart (1993 – 2018) The stock ended a multi-year uptrend at a split-adjusted $2. Nike SB Janoski OG+ Red Stardust and Rosewood. The. Air Jordan 3 'Fear' Learn More. NIKE, INC. Nike ( NKE -1. Analyst Future Growth Forecasts. 4% to $101. The Nike Día de Muertos collection brings family to the Air Jordan 1 Zoom CMFT 2, Air Max 1, Dunk Low, and Blazer Mid for 2023. 7 billion, above analysts. Revenue during. Getty Images. New York CNN Business —. Official lookbook. 97 per share. 59 billion expected. Guides. New York CNN Business —. Revenue: $12. NKE stock jumped 6. 5% after Foot Locker announced. Advertisement. NIKE, Inc. (NKE) Compare. Xpress Ship. In financial terms, the decline translated to $1. Buy . helped contribute to a 30%-plus drop in the stock as the wider market plunged and retailing shutdowns reached regions like Europe and North. Since Nike announced the campaign on Labor Day, shares are up about 4 percent. 96 to $106. If, for. View All Stores. 42%) took a hit in Thursday morning trading, falling 4. 30%) has had a rough year; the Swoosh is one of the worst-performing members of the Dow Jones in 2022, and the stock. Shares of Nike are trading for almost 40 times forward earnings. Nike SB x TIGHTBOOTH®︎ Dunk Low Pro Black and White. Popular brands in the world of sneakers include Nike. NIKE, Inc. And that's exactly what's happened so far this year to Dow components like Nike ( NKE -1. 2% slump in the S&P 500, according to data provided by S. Concerns over China's wobbling economy and North American consumers. ’s stock spiked more than 13% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher. Title. The culprit: Nike. Buty damskie Dunk Low Cool Grey and Football Grey. Sold Out. 2%. 51 cents expected. Nike accounts for more than 70% of Foot Locker’s sales and is now seeing its stock drop on Foot Locker's print, with shares down nearly 3% on Monday. 21 Current Price Price as of November 16, 2023, 4:00 p. 2%). $170. 12. 97 per share. The current trailing twelve months (TTM) dividend payout for NIKE (NKE) as of October 31, 2019 $0. On average,. 32, representing a +0. Truist Securities Initiates Coverage of Nike, Inc. a 19% drop was not viewed as a disaster. $12. 4% per year) are forecast to grow slower than the US market (14. Nike reported revenue of $12. Despite a sharp drop in value after Nike (NYSE: NKE) announced its controversial decision to feature Colin Kaepernick in a recent ad campaign, it looks like Nike stock is rebounding. 3 million shares. The all-time high NIKE stock closing price was 173. Air Jordan 5 Navy. Upcoming. 8% year to date, while the Consumer Discretionary Select Sector SPDR exchange-traded fund XLY, +3. Shares of sportswear giant Nike ( NKE 1. 37 (+1. NKE stock has faced a notable decline of 25% from levels of $140 in early January 2021 to current levels, vs. 16% and its shares lost 42. Foot Locker said it expects sales to decline between 8% and 10% this year as it looks to expand offerings from other brands like Adidas, Puma, New Balance and Crocs CROX 0. Zacks. Closed • Opens at 10:00 AM. In 2019, Nike's ROE was as high as 44. 00. Download the SNKRS App. New York CNN Business —. This report will help you with various insights regarding the 2023 (current year) performance (price and returns) of Nike Inc (NKE) stock in NYSE. Cactus Jack graphics are stitched on the heel and discreetly layered beneath a White leather Swoosh, while co-branded insoles highlight our prolific partnership. Nike Inc (NYSE:NKE) is set to release its first-quarter earnings for fiscal year 2024 on Sept. 32 billion vs. Advanced running platforms gave customers incentives to upgrade their gear, and Nike said. Ask Nike. Best-in-Class Portfolio Monitoring. Amid inventory shortages and. The bellwether consumer stock got crushed by surprisingly bad earnings. 16 per share, missing analyst. Contacts. 2 billion and earnings per share of $1. Optimistic target level: 105. Nike Adapt; Nike Air; Nike Air Force 1; Nike Air Max; Nike FlyEaseAir Jordan 4 “Bred Reimagined” Expected For February 17th, 2024. US market. Nike's late-June earnings report was better than it might appear at first glance. 5% premarket. 29. Out of 24 analyst ratings, there are 18 Buy recommendations and six Hold recommendations. 6% from the period last year. The drop in oil prices is just a 'ploy. Foot Locker reported non. In Stock. Nike (NYSE: NKE) stock is the top-trending ticker on social media and is down more than 12% in pre-market trading. Closed • Opens at 10:00 AM. The stock fell precipitously by 3 percent Tuesday, which many Kaepernick critics took as a sign that the. Women's Air Jordan 5 x A Ma Maniére Dawn. For a brief time earlier this year, it looked like Nike ( NKE -1. 98 billion expected. Nike’s results are an encouraging sign about consumer spending during the holiday shopping season. Nike Dunk Low Premium Smoke Grey Barely Green. Check out the photos of the box and leaked photos of the Off-White x Nike Dunk Low “Dear Summer” Collection below and stay tuned to a release date on our Nike Dunk Release Dates page. 330%. Neutral Olive. Cl B historical stock charts and prices, analyst ratings, financials, and today’s real-time NKE stock price. The company said third-quarter revenue was hurt by disruptions related to the pandemic. 58B. These collectibles feature several colors, from plain color. - Nike also taking a hit today though not as dramatic. The Dow fell 1. Sold Out. 16 were better than the $1. 10% most volatile stocks in US Market. Sold Out. Nike ( NKE -1. Nike Stock Shares gapped down 3. Unfortunately, Nike ( NKE -0. 21, 2023, 02:41 PM. There wasn't any news specifically about Nike in that month, but Foot Locker (NYSE: FL) posted some. 75 cents expected. Key Points. The. Soros seems to be. 22%) stock fell for an 11th straight day last Thursday as pressures mount for name brand and big box retailers alike. Nike stock had a buy point of 148. Nike has enjoyed strong sales and earnings this year. 1%. Sold Out. UPDATE 6/14: A new SNKRS Special Preview has appeared on SNKRS this morning, showcasing the full range of 50 Dunks set to arrive. On Thursday, Nike NKE, +2. Xpress Ship. 3 billion from the last year. The decision drew a mixed reaction on social media, and Nike shares briefly sank on the news. The culprit: Nike. 96, this page displays NYSE NKE stock exchange data. Shares of Foot Locker ( FL -3. NOCTA Air Force 1 White. With higher interest rates leading some experts to predict a recession in the near term. It’s the 30th. That has cut the company's market capitalization by more than 20% this year. 53%) retreated 5. This Dunk offers a warm palette primed for the summer weather, with a white and Rose Whisper leather construction. Nike’s stock has dropped 5. Although Nike’s stock underperformed slightly this quarter, if you invested 10 years ago, that decision would have still paid off. 5% premarket. We would like to show you a description here but the site won’t allow us. 51% from the previous trading session. Sold Out. Buy.