Nike, Inc.

NKE

US6541061031

Footwear

Market Closed - Nyse Other stock markets 01:30:03 29/06/2024 am IST			5-day change	1st Jan Change
75.37 ^USD	-19.98%		-22.44%	-30.58%

29/06	Wall St. ends lower after inflation data, debate	RE
28/06	Consumer Stocks Dragged Down By Nike -- Consumer Roundup	DJ

NIKE INC : Downgraded to Neutral by UBS

June 28, 2024 at 05:37 pm IST

UBS's analyst Jay Sole is no longer positive. The broker's recommendation changes from Buy to Neutral. The target price is reduced from USD 125 to USD 78.

Latest news about Nike, Inc.

Wall St. ends lower after inflation data, debate	29/06	RE
Consumer Stocks Dragged Down By Nike -- Consumer Roundup	29/06	DJ
Nike plots $100 sneaker line as shares plunge in worst-ever drop	29/06	RE
Equity Markets Fall as Traders Parse Consumer Spending Report	29/06	MT
Equity Markets Fall as Traders Parse Consumer Spending Report	29/06	MT
US Equities Markets End Lower Friday as Markets Parse Economic Data	29/06	MT
Sector Update: Consumer Stocks Fall in Late Afternoon Trading	29/06	MT
Wall Street ends lower as investors digest inflation data, presidential debate	29/06	RE
Top Midday Decliners	28/06	MT
Sector Update: Consumer Stocks Decline Friday Afternoon	28/06	MT
Equities Mostly Rise Intraday as Fed's Preferred Inflation Measure Cools	28/06	MT
Nike plots $100-and-less sneakers to lure price-conscious shoppers	28/06	RE
Sector Update: Consumer	28/06	MT
US Equity Indexes Trade Mixed as S&P 500, Nasdaq Erase Gains After Midday	28/06	MT
Wells Fargo Adjusts Price Target on Nike to $86 From $92, Maintains Overweight Rating	28/06	MT
Top Midday Stories: Nike Fiscal Q4 Revenue Falls; iPhone Shipments in China Up 40%; Uber, Lyft Settle Drivers Minimum Wage; Nokia Acquires Infinera	28/06	MT
S&P 500, Nasdaq hit all-time highs; Nike slides after bleak forecast	28/06	RE
London stocks round off week with declines	28/06	RE
NIKE INC : DZ Bank reiterates its Neutral rating	28/06	ZD
US Equity Indexes Advance as Inflation Rate in May Meets Expectations	28/06	MT
Nike Delivered 'Disappointing' Q4 Results, Reduced Outlook, Morgan Stanley Says	28/06	MT
Stocks up in New York but FTSE 100 limps home	28/06	AN
Wedbush Cuts Nike's Price Target to $97 From $115 Due to 'Choppy' Fiscal Q4 Results, Outperform Rating Kept; Shares Fall	28/06	MT
NIKE : UBS downgrades recommendation to 'neutral	28/06	CF
Trending : Nike's Disappointing Report Weighs on Shares	28/06	DJ

Nike, Inc. specializes in the design, manufacturing and marketing of sports shoes, clothing, and equipment. The group's products are sold primarily under the names Nike, Jordan, Converse Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell. Net sales break down by family of products as follows: - footwear (68.9%); - clothing (27.2%); - sports equipment (3.4%): golf equipment (golf clubs, balls, gloves, etc.), bags, balls, etc.; - other (0.5%). At the end of May 2023, products were being marketed through a network of 1,032 stores worldwide, through independent distributors, and via the Internet. Net sales are distributed geographically as follows: North America (44.3%), Europe/Middle East/Africa (27.5%), China (14.9%), Asia/Pacific and Latin America (13.2%) and other (0.1%).

Sector

Footwear

Calendar

24/09/2024 - Q1 2025 Earnings Release (Projected)

Related indices

Dow Jones Industrial , S&P 500

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Ratings for Nike, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

75.37 USD

Average target price

96.76 USD

Spread / Average Target

+28.38%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

Sector Sports & Outdoor Footwear

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Sports & Outdoor Footwear

Nike, Inc.

Equities

NKE

US6541061031

Footwear

NIKE INC : Downgraded to Neutral by UBS

Latest news about Nike, Inc.

Chart Nike, Inc.

Company Profile

Income Statement Evolution

Ratings for Nike, Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Sports & Outdoor Footwear