Nike Inc (NKE) Share Price

hit 90's :) buy these established brand that missed on their last earnings and then sit on em, quite a few of them doing well lately.

BREAKING: Nike CEO John Donahoe stepping down

Why are so many top executives resigning after Diddy got arrested? 👀 https://t.co/jWq0LS174a pic.twitter.com/oRARZMZQbW— MJTruthUltra (@MJTruthUltra) September 19, 2024

hitting 88 pre market making my month so far.

nice

5----- form 4's -----acquiring shares

nice move after hours :) on new ceo, now just riding it gl

have not been following this one closely-- My wife has many shares- she worked for them 25 years- retired about 5 years ago.

lol yep that guy needs help

LOL-- have a couple of those-- IMO this PPS is to high for those trolls

let's see if you are stalking :P

83s :)

hit 79's :) today sold half riding rest jic it breaks 80 and hold.

78 :)

lool :)

lol it's all good. If you get stuck, at least you get a 2% dividend

lol it's just a trade, ton's of stocks i don't like but i trade em

double post

Never Nike for me. You people are nuts for investing in this company. Did you not see the Olympics opener? 😲

You will never understand.

one thing to keep an eye out is for buybacks they have a history of doing it, so will give it a push. so far the olympics hasn't really given it a push.

it's up to you, i'm here for mid-long term swing trade will add if it they flush it to 60's. You can take half off so you are protected if it goes up or down imo

Do I hold for long term gains.... or take profit and pay short term gains?

I am in. How much lower will she go?

would like to see $90's

nice 75's, if i goes back to 80's signals trend reversal

UNREAL!

yep they might take it to the 67 to shake some out but pretty close to bottom imo

SMH-- theses are pandemic prices!

she retired about 10 years ago-- before it went woke!

Never Nike for me.

talk about loyalty, yep cheap here not to get starter position. If it doesn't get the bounce on olympics, will eventually pick up again. Most of the negative news is behind it for now.

NICE!!! my wife's 401K is in heavy- she worked for them 25 years!

yep that's why i grabbed starter and will add on the way down bit by bit, but think it will get the "olympic bounce"

3 year low 71.79

same here grabbed starter past week, think it will get the "olympic bounce" imo

I was just about to go buy a new pair of Nikes for work because nothing else is as comfortable to me and then I heard the news and figured I'd buy the stock " on sale" too.

I was just about to go buy a new pair of Nikes for work because nothing else is as comfortable to me and then I heard the news and figured I'd buy the stock " on sale" too.

Olympics are here.... everyone should sell a bunch of gear this summer.

This seems like quite the haircut....picked up a few shares before the close.

What a turd. Buying more PUTS on this woke stock IMO.

Nike shares fell 14.04% in pre-market trading. Nike exceeded fourth-quarter fiscal earnings estimates with adjusted earnings of $1.01 per share, but sales of $12.6 billion fell short of expectations. Annual revenue of $51.4 billion also missed the $51.6 billion target, despite adjusted earnings of $3.95 per share surpassing forecasts of $3.70 per share. Nike predicted a surprising revenue decline for fiscal 2025, expecting a mid-single-digit percentage drop, against analysts’ expected increase of 0.91%. This is due to weakened demand for its sneakers, as it loses market share to newer brands like On and Hoka. Nike said it cut overstocked brands and invested in better running shoes, and plans new versions of the Air Max line. For the next quarter, Nike expects a revenue drop of about 10%. Due to Nike’s unexpected fiscal 2025 revenue drop prediction, shares of JD Sports and Puma fell significantly, while Adidas shares saw a brief increase followed by a drop. Analysts expect Adidas to gain market share as Nike recalibrates its business until at least spring 2025.

LOL

NKE 10Q expected Wednesday 6/26

Funny! You blocked me , I never blocked you. Go swoosh.

you blocked me!

NIKE, Inc. Announces Third Quarter Fiscal 2024 Earnings and Conference Call
February 22, 2024 04:15 PM Eastern Standard Time

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) plans to release its third quarter fiscal 2024 financial results on Thursday, March 21, 2024, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc. management will host a conference call beginning at 2:00 p.m. PT to review results.

The conference call will be broadcast live over the Internet and can be accessed at https://investors.nike.com/. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, April 11, 2024.

About NIKE, Inc.

NIKE, Inc., headquartered in Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at https://investors.nike.com/. Individuals can also visit https://about.nike.com/ and follow NIKE on LinkedIn, Instagram and YouTube.

Nike $NKE just did it! Its first Golden Cross since January
By: Barchart | December 30, 2023

• Nike $NKE just did it! Its first Golden Cross since January.



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History of Nike's $NKE Q3 Revenue since 1984
By: Savvy Trader | December 22, 2023

• History of Nike's $NKE Q3 Revenue since 1984

1984: $184M
1985: $238M
1986: $183M
1987: $234M
1988: $322M
1989: $446M
1990: $649M
1991: $743M
1992: $876M
1993: $806M
1994: $1.1B
1995: $1.4B
1996: $2.1B
1997: $2.3B
1998: $1.9B
1999: $2.1B
2000: $2.2B
2001: $2.3B
2002: $2.5B
2003: $2.8B
2004: $3.1B
2005: $3.5B
2006: $3.8B
2007: $4.3B
2008: $4.6B
2009: $4.8B
2010: $4.8B
2011: $5.5B
2012: $6B
2013: $6.4B
2014: $7.4B
2015: $7.7B
2016: $8.2B
2017: $8.6B
2018: $9.4B
2019: $10.3B
2020: $11.2B
2021: $11.4B
2022: $13.3B
2023: $13.4B

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Nike $NKE was hammered today for a drop of 11.83%, the stock's 2nd largest decline since 2008
By: Barchart | December 22, 2023

• Nike $NKE was hammered today for a drop of 11.83%, the stock's 2nd largest decline since 2008



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Call Traders View Opportunity in Nike (NKE) Stock's Plummet
By: Schaeffer's Investment Research | December 22, 2023

• The security is eyeing its worst day since September 2022

• Nike will cut hundreds of jobs to save costs

Nike Inc (NYSE:NKE) capped off earnings reports for 2023 with better-than-expected second-quarter profits of $1.03 per share, though revenue missed the mark. The retailer also slashed its annual forecast and noted it will cut hundreds of jobs to save $2 billion in the next three years, as consumers remain cautious and online sales lag, spurring more promotions.

NKE was last seen down 10.3% at $109.87, following a downgrade from TD Cowen to "perform" from "outperform," and a price-target cut to $104 from $129. Another five firms cut their price objectives as well, while two raised theirs. Coming into today, 20 of the 28 analysts covering Nike stock rated it a "buy" or better.

The shares are today gapping below the 40-day moving average for the first time since early October, pivoting lower from their highest level since May as they eye their worst day since September 2022. For 2023, Nike stock now carries a more than 6% deficit.

Options traders are viewing this pullback as an opportunity. So far today, 92,000 calls and 75,000 puts have crossed the tape, volume that 21 times what is typically seen at this point. The weekly 12/22 110-strike call is the most popular contract, with positions being opened there and expiring at the close.

Nike stock is no stranger to bullish activity. The security's Schaeffer’s open interest ratio (SOIR) sits in the 2nd percentile of its annual range, pointing to a particularly strong call bias amongst short-term options traders.

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Nike cut at CFRA Research as 'company faces competition'
By: Investing | December 22, 2023

Nike (NYSE:NKE) was cut to Sell from Hold at CFRA Research on Friday, following the company's latest earnings release, which resulted in its shares tumbling over 11%.

The firm maintained a $91 per share price target on the stock, and its FY 24 and FY 25 EPS estimates of $3.50 and $3.75, respectively.

"NKE posts normalized Q2 EPS of $1.03 vs. $0.85, $0.18 above estimates on revenues of $13.39B vs. $13.32B and $39M below estimates," explained CFRA analysts. "Nike Direct sales increased 6% with Nike Digital increasing 4%. By region, North America revenues declined 4% Y/Y, Europe increased 2%, Greater China improved 4%, and APAC and Latin America increased 13%."

Nike's gross margin expanded 170 bps year-over-year to 44.6%, driven by higher strategic pricing and lower freight costs.

"Although Nike maintains a fortress balance sheet with significant capital returns, we believe the multiple will trend back down to pre-pandemic levels as the company faces competition from brands like HOKA and On while it looks for new growth drivers and focuses on cutting costs," added CFRA analysts.

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