NikeNKE
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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1.65% more ownership
Funds ownership: 77.21% [Q3] → 78.87% (+1.65%) [Q4]
0% more first-time investments, than exits
New positions opened: 253 | Existing positions closed: 253
5% less funds holding
Funds holding: 2,166 [Q3] → 2,049 (-117) [Q4]
10% less funds holding in top 10
Funds holding in top 10: 29 [Q3] → 26 (-3) [Q4]
13% less capital invested
Capital invested by funds: $82.5B [Q3] → $71.5B (-$11.1B) [Q4]
28% less call options, than puts
Call options by funds: $3.23B | Put options by funds: $4.51B
36% less repeat investments, than reductions
Existing positions increased: 619 | Existing positions reduced: 964
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Telsey Advisory Group Cristina Fernandez 73% 1-year accuracy 24 / 33 met price target | 5%upside $80 | Market Perform Maintained | 19 Feb 2025 |
Guggenheim Robert Drbul 44% 1-year accuracy 18 / 41 met price target | 44%upside $110 | Buy Reiterated | 12 Feb 2025 |
Needham Tom Nikic 42% 1-year accuracy 21 / 50 met price target | 10%upside $84 | Buy Reiterated | 7 Feb 2025 |
Citigroup Paul Lejuez 61% 1-year accuracy 23 / 38 met price target | 6%downside $72 | Neutral Downgraded | 7 Feb 2025 |
BMO Capital Simeon Siegel 68% 1-year accuracy 15 / 22 met price target | 24%upside $95 | Outperform Maintained | 3 Feb 2025 |
Financial journalist opinion
Based on 58 articles about NKE published over the past 30 days
