Nike
NKE
Market cap $114B

76.66 USD

+0.98

1.29%

At close Nov 15, 4:00 PM EST

After hours

76.90

+0.24

0.31%

1 day

1.29%

5 days

0.67%

1 month

-6.65%

3 months

-7.08%

6 months

-16.37%

Year to date

-28.05%

1 year

-28.90%

5 years

-17.61%

10 years

59.61%

About: Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.

Employees: 79,400

Materials Rubber & Plastics Footwear

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 32 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

38% more funds holding in top 10

Funds holding in top 10: 21 [Q2] → 29 (+8) [Q3]

8% more capital invested

Capital invested by funds: $75.8B [Q2] → $81.8B (+$5.98B) [Q3]

2% less funds holding

Funds holding: 2,158 [Q2] → 2,119 (-39) [Q3]

5.21% less ownership

Funds ownership: 81.72% [Q2] → 76.51% (-5.21%) [Q3]

15% less first-time investments, than exits

New positions opened: 227 | Existing positions closed: 266

27% less call options, than puts

Call options by funds: $3.68B | Put options by funds: $5.03B

29% less repeat investments, than reductions

Existing positions increased: 699 | Existing positions reduced: 983

See Fund Rankings

Research analyst outlook

32 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$77

0%

upside

Avg. target

$90

18%

upside

High target

$110

43%

upside

32 analyst ratings

14 positive

44%

18 neutral

56%

0 negative

0%

RBC Capital Piral Dadhania 0% 1-year accuracy 0 / 1 met price target	4%upside $80	Sector Perform Maintained	7 Nov 2024
Truist Securities Joseph Civello 80% 1-year accuracy 4 / 5 met price target	27%upside $97	Buy Upgraded	10 Oct 2024
Barclays Adrienne Yih 38% 1-year accuracy 23 / 60 met price target	6%upside $81	Equal-Weight Maintained	2 Oct 2024
TD Cowen John Kernan 62% 1-year accuracy 32 / 52 met price target	2%upside $78	Hold Maintained	2 Oct 2024
Guggenheim Robert Drbul 55% 1-year accuracy 11 / 20 met price target	43%upside $110	Buy Maintained	2 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 39 articles about NKE published over the past 30 days

NIKE, Inc. Declares $0.40 Quarterly Dividend

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding Class A and Class B Common Stock payable on January 2, 2025, to shareholders of record at the close of business on December 2, 2024. This represents an increase of 8 percent versus the prior quarterly dividend rate of $0.37 per share. Today's announcement marks the 23rd consecutive year that Nike has increased.

NIKE, Inc. Declares $0.40 Quarterly Dividend

Nike: Navigating Near-Term Challenges With Potential Upside

Nike's share price has fallen significantly due to slower growth, but its strong fundamentals and the return of a former CEO make it a buy. Despite recent revenue misses, Nike's robust free cash flow and aggressive share repurchase program support long-term growth and dividend safety. Nike's competitive advantages include strong brand recognition, global operations, and high R&D spending, positioning it well against competitors.

Nike: Navigating Near-Term Challenges With Potential Upside

The Motley Fool

2 Magnificent S&P 500 Dividend Stocks Down Year to Date to Buy and Hold Forever

More than a few companies that did well in the past are out of favor with investors. And that could spell opportunity.

2 Magnificent S&P 500 Dividend Stocks Down Year to Date to Buy and Hold Forever

Business Insider

Basketball is having a moment, and that's good news for Nike

Nike recently signed a 12-year deal with the NBA, WNBA, and NBA G League. EMARKETER analyst Rachel Wolff said the deal "makes perfect sense" for Nike.

Basketball is having a moment, and that's good news for Nike

Zacks Investment Research

Here is What to Know Beyond Why NIKE, Inc. (NKE) is a Trending Stock

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.

Here is What to Know Beyond Why NIKE, Inc. (NKE) is a Trending Stock

The Motley Fool

Got $5,000? These 3 Growth Stocks Are Trading Near Their 52-Week Lows.

These stocks have seen better days but investors shouldn't count them out in the long run.

Got $5,000? These 3 Growth Stocks Are Trading Near Their 52-Week Lows.

Kizik Appoints Nike Veteran Andreas Harlow as Senior Vice President of Design

SALT LAKE CITY--(BUSINESS WIRE)--Kizik, the leader in hands-free footwear, proudly announces the addition of Andreas Harlow as Senior Vice President of Design. Harlow, an industry heavyweight with over two decades of transformative experience at Nike Inc., steps into his new role building on an illustrious career that has shaped the design of some of the world's most iconic shoes. At Nike, Harlow most recently served as VP/Global Footwear Creative Director for Jordan Brand, creatively fueling t.

Kizik Appoints Nike Veteran Andreas Harlow as Senior Vice President of Design

Nike Is Struggling, But Might Be A Buy Already

Nike's stock, previously rated as a "Sell" due to high valuation, has declined 37% since 2020, making its valuation multiples more reasonable. Despite recent revenue and earnings declines, Nike's long-term fundamentals remain strong, with a wide economic moat and consistent performance. Analysts expect Nike's bottom line to grow at a CAGR of 9.09% over the next decade, supported by market share gains and share buybacks.

Nike Is Struggling, But Might Be A Buy Already

Zacks Investment Research

Nike (NKE) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Nike (NKE) concluded the recent trading session at $77.98, signifying a +1.02% move from its prior day's close.

Nike (NKE) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Nike: The Cheapest Valuation In The Last 3 Years

Inflation is under control in developed economies and emerging countries, a combination that is difficult to achieve and that benefits the consumer sector. Nike has the best financial fundamentals among its competitors, and the most attractive valuation in the last 3 years. The combination of the above factors with the change of CEO, which will bring a new route for sales growth, could be a great opportunity for the investor.

Nike: The Cheapest Valuation In The Last 3 Years

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