Wolverine moves past NIKE with brand momentum and operational discipline, reshaping the athleisure growth race amid evolving consumer demand.
In the latest trading session, Nike (NKE) closed at $61.91, marking a -1.42% move from the previous day.
I rate Nike a Buy, with a DCF-based target price of $63.32, reflecting a moderate 2.8% upside over five years. Nike's strong brand, innovation pipeline, and pricing power support mid-single-digit revenue growth and margin expansion through FY2029. My valuation model assumes conservative post-2025 growth, factoring in recent guidance misses and risks from tariffs and competition, but sees resilient demand.
Nike (NKE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Nike (NKE) concluded the recent trading session at $62.37, signifying a +1.3% move from its prior day's close.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Nike (NKE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In 2013, Stephen Curry shocked the sneaker world by signing with then-upstart apparel company Under Armour over basketball powerhouse Nike. The deal was considered a defining moment in Curry's business career.
There has been a significant pullback in the retail sector recently, both in terms of stock prices and the United States economy, marked by slower consumer and business spending. The primary reason for this behavior and dynamic is that the recent trade tariffs implemented by President Trump may have spooked some in the sector, as it is heavily reliant on imports from other nations.
Nike Inc (NYSE: NKE) has been one big disappointment after another in recent years – and Josh Brown, a renowned investor and chief executive of Ritholtz has even lost conviction in its ability to recover.
Several popular stocks – NIKE NKE and Target TGT – have been beaten down over recent years, widely underperforming relative to the S&P 500.
'Mad Money' host Jim Cramer talks how to play Nike.