Nike, Inc. - Class B (NKE)
Oregon has an engineer shortage. A historic $1 billion donation from Nike's cofounder could help change that
Nike cofounder Phil Knight and his wife, Penny, are committing $1 billion to the Knight College of Engineering at the University of Oregon, the university announced Wednesday.
‘Risks Are Rising' for Nike and It's Time to Sell the Stock, Says Bank of America
Nike's turnaround is looking like it might take a lot longer than expected, according to Bank of America.
Nike's stock is one of the worst in the S&P 500 — and BofA says it's not done sliding
BofA analysts say they now expect falling sales through May, dashing prior hopes for a “spring inflection.”
Nike downgraded by BofA as channel and China pressures weigh on recovery
Bank of America (BofA) has downgraded Nike Inc (NYSE:NKE, XETRA:NKE) to 'underperform', citing worsening channel and macroeconomic pressures. The bank cut its price objective to $30 from $47, based on a price-to-earnings multiple of 16 times, down from 22 times and in line with the peer average.
Nike Slumps After Downgrade. Why the Stock Is in Trouble.
Nike falls after Bank of America downgrades the stock on concerns about innovation, wholesale revenues, and softening demand.
Nike Pulls Back on Bank of America Downgrade and $30 Price Objective; Dick's Ticks Up, On Holding Holds Flat
Nike (NYSE:NKE | NKE Price Prediction) is slipping after Bank of America concluded that the sneaker giant's turnaround will arrive a full fiscal year later than expected, and the selling looks specific to the brand.
A 72-Year-Old Giving $10,000 Can Keep It Out of the Income That Taxes Social Security, but Only if the IRA Pays the Charity Directly
A 72-year-old who pulls $10,000 from her IRA to write a check to her church faces a tax outcome that looks nothing like the one who skips that step entirely, and the difference runs deeper than the donation itself.
Nike Heads Into Q1 2027 Results With Sales Still Under Pressure
Nike Inc. is set to report first-quarter fiscal 2027 results on Thursday, October 1, with Visible Alpha consensus pointing to another quarter of declining sales. Analysts expect revenue of $11.3 billion in Q1, down 3.2% year-on-year, as weakness in Greater China and Europe, Middle East and Africa offsets modest growth in North America. Nike's shares have fallen about 43% year-to-date and 49% over the past year, leaving the company with a market capitalization of roughly $54 billion at the September 21 close.
Nike parts ways with Kylian Mbappé, soccer superstar signs with On
Kylian Mbappé is leaving Nike for Swiss sportswear company On, giving the brand a major new foothold in global soccer. A source familiar with the matter said Nike chose not to renew Mbappé's deal as his contract expired, deciding to put its endorsement money elsewhere.
Soccer star Kylian Mbappe ditches Nike after 20 years to sign with Roger Federer-backed On
The move adds to pressure on Nike, which has recently lost other high-profile players to rivals as newer brands make inroads into the global sportswear market.
CNBC Host Says Berkshire Should Buy Iconic Consumer Brand After Stock Falls 75%
On CNBC's Squawk Box Friday, anchor Joe Kernen floated Berkshire Hathaway as a potential buyer for Nike (NYSE:NKE | NKE Price Prediction) after Swiss sportswear brand On signed French superstar Kylian Mbappé away from Nike.
Nike Stock Slumps After Mbappe Signs With New Rival
Nike Inc (NYSE:NKE) stock is 0.4% lower to trade at $36.30 this morning, after soccer superstar Kylian Mbappe signed with footwear peer On Holding (ONON) as a global ambassador.
