Nike, Inc. - Class B (NKE)
Billionaire Bill Ackman Is Betting Big on Nike. Down 57%, Is the Sportswear Stock Ready for a Comeback?
Nike (NKE -0.23%) has been through the wringer lately.
Market Overreaction: 2 Stocks to Buy on the Way Down
Every earnings season has its share of overreactions, as stocks can overshoot on the upside and the downside. The fear of missing out (FOMO) can trigger panic and a leapfrog mentality where emotions drive extensive overreactions.
Nike Earnings Summary: Undervalued By 25-30%, But The Brand Has Dug Itself A Huge Hole
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. The best sign for the stock was that despite the tempered outlook and expected margin compression, the stock finished almost unchanged in trading Friday, December 20th, on nearly 3x average daily volume. The company's negative EPS and revenue estimate revisions smack of analyst worry about longer-term consumer demand and the lack of innovation about the Nike product line.
Why Nike Is Struggling
Nike 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 billion from the company's market cap and in June, the company experienced its worst trading day ever as a publicly traded company.
Why Nike's CEO believes turnaround efforts could hurt in the short term
Bloomberg reports Nike Inc. is bracing for a turbulent phase as new Chief Executive Officer Elliott Hill leads efforts to revitalize the sportswear giant. Hill, who assumed the role in October, announced a series of strategic shifts during the company's latest earnings call.
Analysts Warn Nike's Business Could ‘Get Worse Before It Can Get Better'
Several analysts lowered their price targets for Nike's (NKE) stock Friday, concerned its turnaround could take longer than expected after the athletic apparel giant offered a sluggish outlook.
NIKE Beats on Q2 Earnings & Sales With Progress on Strategic Actions
NKE Q2 results reflect soft traffic and retail sales, partly offset by gains during the quarter's major consumer events. It is on track with Elliott's plans.
Why Nike could be poised for a turnaround
Simeon Siegel, senior retail analyst at BMO Capital Markets, joins CNBC's 'The Exchange' to discuss why Nike's stock could turn around, what the company can do to increase investor confidence, and more.
Nike Stock: Why Investors Should Still 'Just Do It' (Rating Upgrade)
NIKE stock is down 30% YTD and 56.75% off its all-time high, presenting a buying opportunity for patient investors believing in mean reversion. New CEO Elliott Hill emphasizes a pivot back to sports focus, reinvesting in brand storytelling, and rebuilding trust with wholesale partners. Despite recent underperformance, Nike's solid balance sheet, 10-year high dividend yield, and low P/E ratio make it a strong buy for long-term investors.
Here's how the new Nike CEO Elliott Hill can fix the company's woes
Aneesha Sherman, Bernstein analyst, joins 'Squawk on the Street' to discuss if Nike's CEO can fix the company's problems, how quickly the wholesale relationships can be fixed, and much more.
Nike earnings offer 'blunt assessment' of near-term woes: Analyst
Nike (NKE) reported fiscal second quarter earnings beating Wall Street estimates on the top and bottom lines. The report marks the athletic wear company's first quarterly results since Elliott Hill took over as CEO, offering insight into what investors can expect under the new leadership.
Nike Stock Turnaround Path Clear, Analyst Says: 'Getting Back To Winning Takes Time'
Nike Inc NKE analysts are highlighting the company's new turnaround plan under CEO Elliott Hill with a focus on inventory, product innovation and wholesale partnerships being key takeaways Friday following the company's second-quarter financial report.
