The Nike A’One sneaker, apparel collection and Calm Slide will be available at SNKRS, nike.com and select retail locations May 2025. That confident yet stylish vibe carries over into Wilson’s signature apparel collection, which includes eight pieces for women, men and kids that can work together or be mixed with other favorites. In recent years, competitors’ sneakers from On (ONON), Skechers (SKX), and Hoka (DECK) have taken market share. Meanwhile, a slew of tariff news has reignited inflation fears and shaken consumer confidence, which dropped sharply in February. Nike, the global powerhouse in sports shoes and apparel, is poised for a promising future.
Shares initially popped, then dropped roughly 5% in after-hours trading as the company shared its fourth quarter guidance. The footwear giant posted its fiscal third quarter earnings on Thursday after the market close. Its revenue of $11.27 billion surpassed estimates of $11.03 billion, though it marked a drop compared to the $12.43 billion from a year ago.
Nike Stock Overview: All You Need to Know About Nike Inc (NYSE: NKE)
- In 2024, Nike’s revenue was $51.36 billion, an increase of 0.28% compared to the previous year’s $51.22 billion.
- Nike went public in 1980 and thereafter signed a partnership agreement with Michael Jordan to create the iconic Air Jordan line in 1984.
- NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide.
- By the end of 1994, the stock hit $2.33 and by December 1995, the stock had gone as high as $4.35.
- This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms.
- According to 31 analysts, the average rating for NKE stock is “Buy.” The 12-month stock price forecast is $88.0, which is an increase of 57.82% from the latest price.
These videos, some filmed at factories allegedly producing for brands like Lululemo… In 2024, NIKE, Inc.’s revenue was $51.36 billion, an increase of 0.28% compared to the previous year’s $51.22 billion. NKE may explore other product categories or networks to diversify its offerings. For example, entering the sports market or collaborating with famous athletes or influencers can attract new customers. A global economic slowdown could lead to a decline in demand for Nike’s products. Nike operates in various sectors and reflects currency fluctuations.
- President Donald Trump imposed a raft of new tariffs, including on Vietnam, Indonesia, and China, key sourcing markets for the sp…
- The company’s strategic vision is led by CEO John Donahoe, who assumed leadership in 2015, bringing his notable experience from his previous role as CEO of eBay.
- They changed the name to Nike Inc. in 1972 and launched their first line of apparel in 1978.
- That confident yet stylish vibe carries over into Wilson’s signature apparel collection, which includes eight pieces for women, men and kids that can work together or be mixed with other favorites.
- Nike hit a stock price of $5.11 on February 13th, 1998, which represented a decrease of 46% in only one year.
The Evaluation of Nike Stock: From IPO to Stock Price Performance and Analyst Forecasts
Apparel makers reliant on Asian sourcing got hammered on Thursday, slammed by President Donald Trump’s hefty new round of tariffs. CNBC’s Phil LeBeau and Courtney Reagan join ‘Squawk Box’ to discuss the impact of President Trump’s sweeping new tariffs on the auto and retail sectors. Yesterday, President Donald Trump announced a slew of tariffs on nearly every country in the world—over 180 of them, notes CNBC.
CFO Matthew Friend warned of the impact of Trump’s tariffs, including a 20% duty on all goods from China. Adjusted earnings per share came in at $0.54 compared to estimates of shakepay review $0.30, but also under last year’s $0.98. The final trades of the day with CNBCs Dom Chu and the Fast Money traders.
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Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. President Donald Trump ‘s hold on global tariffs but imposition of a … Jefferies analysts are advising “aggressively” buying Nike’s beaten-down stock. The current annual dividend rate is 1.46%, with a quarterly dividend amount of $0.37 per share.
Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (April
Nike needs to lead this change and adapt its supply chain accordingly to avoid losing market share. 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. However, even a champion brand like Nike faced challenges, and in the second quarter of fiscal 2023, Nike reported earnings of $5.07 billion, how to start investing on your own down 16% from the previous year. Nike Earnings per share stood at $3.27, reflecting a 15% decrease, both falling short of analysts’ projections. Shoe brands make an outsized portion of their products in Vietnam, Cambodia and Indonesia, and some have increased their footprints there to divert more of the supply chain away from China.
Based on TradingView data, NKE stock has resistance levels at $115.00, $120.00, and $125.00, posing challenges to the upside. We also note support levels for Nike share price at $100.00, $95.00, and $90.00, providing solidity when there is market volatility. Shares in Nike, Adidas and Puma dropped sharply on Thursday after U.S.
This decline was followed by a rally resulting in a closing price of $60.14 on August 3rd. The stock remained at a high level for some weeks, but fell again sharply to bottom out at $51.07 on October 13th. This represents an increase of over 11% compared to the low on October 13th and a year over year increase of almost 13%. NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. Nike’s third-quarter revenue decline was not as severe as Wall Street expected, but JPMorgan noted this year’s sales were lifted by Cyber Monday, which did not fall within Nike’s third quarter last year.
President Donald Trump imposed a raft of new tariffs, including on Vietnam, Indonesia, and China, key sourcing markets for the sp… Nike is showing “promising signs” says StockX CEO Greg Schwartz of the retailer “starting to put better product into market, hopefully starting this next chapter as they return to innovation, better c… Discover which analysts rank highest on predicting the price target of NKE. Discover which analysts rank highest for NKE overall weighted by direction, price target, and price movement. Bank of America analyst Lorraine Hutchinson reiterated a Buy in a note to clients. “We think consensus estimates are bottoming and see several catalysts that could drive healthier growth. We expect margin expansion to buffer earnings until sales recover.”
Another major initiative is rebuilding partnerships with retailers like JD Sports (JDSPY), Dick’s Sporting Goods (DKS), and Foot Locker (FL) after Nike how to calculate pips on forex went all in on direct-to-consumer. Other corrections Hill needs to make include managing inventory to make iconic brands like Jordan and Nike Dunks “scarce and hard to get” again after making them “very easy to get,” Nikic said. However, “if Nike were to lose 20% of its business, it would be a $40 billion revenue business. It’s still enormous,” he said. “There is no question Nike is the stock is in a slump. There’s also no question that Nike the company is not doing what it used to do,” BMO Capital Markets’ Simeon Siegel told Yahoo Finance. Warring said Adidas manufactures about 16% of its products in China, and the figure for Skechers (SKX) is higher, though it has not disclosed specific breakdowns. The company also has a large exposure to sales outside of North America.
It was on February 13th, 1997, when Nike stock price reached its then peak of $9.47. During the next 12 months, Nike stock price went through a tough period. Nike hit a stock price of $5.11 on February 13th, 1998, which represented a decrease of 46% in only one year.
When translating revenue from one currency to another, fluctuations in exchange rates can affect the company’s financial results. Nike is one of the most famous and recognized brands in the world. Its iconic logo and strong brand image give it a competitive edge. The company’s strategic vision is led by CEO John Donahoe, who assumed leadership in 2015, bringing his notable experience from his previous role as CEO of eBay.