5 billion, or 93 cents per share, compared with $1. Referenced Symbols. (NKE) stock quote, history, news and other vital information to help you with your stock trading and investing. 25 billion expected. - Class B () Stock Market info Recommendations: Buy or sell Nike, Inc. Stay tuned for updates. Nike (NKE): The sneaker maker’s stock has gained 13% since the end of September. m. 2% slump in the S&P 500, according to data provided by S. 4% per year) are forecast to grow slower than the US market (14. The soft performance was due to a 10% drop in revenue in North America, which represents more than a third of Nike’s business. Although Nike’s stock underperformed slightly this quarter, if you invested 10 years ago, that decision would have still paid off. DRAW OPEN UNTIL 8:34 AM PST / 11:34 AM EST. 3 billion and up 4% from the same period last year. 10 to a day high of $106. First-quarter sales in Nike’s home region beat analysts’ estimates. Become a Nike Member for the best products, inspiration and stories in sport. Upcoming. Upcoming. Learn More. US market. com - November 17 at 7:19 PM. Getty Images. Speed of entry does not matter. In Stock. Title. Nike stock bounced around for most of the year, but it suffered a significant drop in May. After almost a 13% decline over the last twelve months, at the current price of around $128 per share, we believe Nike stock (NYSE. 46 on May 26. While the company beat analysts' consensus top-. 36 billion vs. Nike is expected to report Q1 EPS of $0. 15. 5% premarket. Nike SB Dunk Low Desert Ochre and Midnight Navy. Zoom Vomero 5 Velvet Brown and Medium Ash. , February 09, 2023--NIKE, Inc. ET by MarketWatch Automation. m. It’s the 30th anniversary of. Pre-yellowed accents and cracked leather uppers showcase a fabricated look of age and wear. Nike Heads for Biggest Quarterly Drop Since 2008 Stock slumps 22% this year with inflation and supply concerns Company to report quarterly earnings after market close Monday Photographer:. Check out the photos of the box and leaked photos of the Off-White x Nike Dunk Low “Dear Summer” Collection below and stay tuned to a release date on our Nike Dunk Release Dates page. Nike reports earnings Thursday and, like most other businesses, the apparel company has taken a hit due to COVID-19 and reduced consumer spending. - Class B share forecasts, stock quote and buy / sell signals below. 22 🎉 Black Friday Best Sellers Gifts Gifts for Fitness. The Bottom Line. Mirae Asset Global Investments Co. m. 32, representing a +0. Updated 12:15pm ET: The Shock Drop is now rumored to occur at 12:40pm EST time. A Nike-owned resale marketplace could be an extension of the Nike app as a place to buy and sell used or deadstock, resold Nike sneakers and apparel. After almost a 13% decline over the last twelve months, at the current price of around $128 per share, we believe Nike stock (NYSE. 3% after hours, but fell more than 10% at one point after. According to the current price, Nike is 81. But 2022 is the year that the colorway returns with an added vintage look. Fourth quarter reported revenues were $12. Foot Locker said it expects sales to decline between 8% and 10% this year as it looks to expand offerings from other brands like Adidas, Puma, New Balance and Crocs CROX 0. Growth & Outlook. Nike's stock is still up nearly 30% in 2018, even after Tuesday's drop. com stockx. Nike shares were marked 11. 38% from a day low at $105. Nike just lost about $3. 83% in the U. A recovery in China's economy could be a major catalyst for Nike in 2023. 12 billion being wiped off the swoosh brand's market value. 75 and a P/E multiple of 26. 55. We forecast Nike’s Revenues to be $54. 68 on November 05, 2021. 98 billion expected. In the fiscal. 2 billion, or 11% y-o. Buy . Go to Nike. 53%) did not score a slam dunk last year. Longer-term, Nike stock has surged 33 percent this year as Wall Street bet that the company would be able to ride out. © 2023 Nike, Inc. Upcoming. New York CNN Business —. Stock price hit. 98% based on the trailing year of earnings. Though Nike's bottom (as well as the market's) could be months away, the. 80%) could experience a better year in 2023 as China, one of its main geographies for sales, reopens its economy. However, since Nike's new deal with Kaepernick, the sportswear company's value is reportedly up $26. It is important to note. Nike Dunk Low Championship Court Purple. Nike is celebrating Mamba Day on SNKRS with a Shock Drop timed appropriately at 8:24 AM. Sold Out. This cool golf shoe is available in six unique color ways. Nike (NYSE:NKE) will release its first-quarter earnings results on September 29. The long-term ramifications for Nike remain to be seen, but in the short term, investors reacted by unloading Nike stock. Nike’s revenue was $12. 96%) SB collection, highlighted by the duo’s take on the SB Dunk Low, was postponed due to the death of Born x. 4. 7% on. 87% loss for the last 2 weeks. The stock is now 35% below the peak it reached in November 2021. Its stock closed down more than 3 percent Tuesday. Foot Locker’s stock tumbled 35% Friday after the shoe store predicted sales and profit would fall sharply this year. Step 1: Copy the URL of the Product Listing from Nike. Nike Dunk Low Cool Grey. This silhouette was earlier designed to suit basketball activities before its release in 2002. 4% to 128. Shares of Nike ( NKE -1. After almost a 13% decline over the last twelve months, at the current price of around $128 per share, we believe Nike stock (NYSE: NKE), a company designing,. 6% from the period last year. ) 1. BEAVERTON, Ore. 6 billion by 2031. Title. 54% on Thursday, while the S&P 500. According to the current price, Nike is 120. In stock. 34 billion vs. 21, 2023, 02:41 PM. Much has changed since that time, with the stock price dropping over 38% to $109. Contacts. 96, this page displays NYSE NKE stock exchange data. The athletics giant posted an adjusted net income. The company behind the Lebron 21, Air Force 1 and Air Jordans is expected to report its first quarter earnings, and it comes at a pivotal time. The original Air Jordan 1 Chicago colorway was first introduced in 1985 and has only been retroed a few times since. Revenue: $12. 46 on Tuesday, falling for a ninth straight session in its longest losing streak since the company’s initial public offering in December 1980. Nike's inventory fell 3% sequentially, spurred by a high-single-digit percentage drop in units. Trefis estimates Nike’s Q3 2023 revenues to be around $11. Despite a sharp drop in value after Nike (NYSE: NKE) announced its controversial decision to feature Colin Kaepernick in a recent ad campaign, it looks like Nike stock is rebounding. On average, they expect the company's stock price to reach $122. com Staff. Nike Stock Is Down 40% This Year Despite Strong Performance: What Will Today's Earnings Call Reveal?. After Nike's stock price struggles this year, the stock seems to be trading at reasonable prices. ET) and the After Hours Market (4:00-8:00 p. 97 per share. A $1,000 investment made on June 27, 2009, would be worth more. Nike Inc Stock Price & Performance 2023. The company’s reported net income for the three-month period that ended August 31 was $1. The. Just in the past year, stock buybacks have amounted to $4 billion, with Nike purchasing 27. . 4% to $101. m. 38% Nike stock fell over 9% in Friday pre-market trading as analysts flagged rising inventories at the sports apparel maker. The long-term ramifications for Nike remain to be seen, but in the short term, investors reacted by unloading Nike stock. Nike, Inc. We would like to show you a description here but the site won’t allow us. 98% based on next year's estimates. Redemption Checker . Best for Stability: Puma ForeverRun Nitro. 1bn after basketball star Zion Williamson’s shoe breaks. 66, which is 16. 4 billion, up 14 percent compared to the prior year and up 19 percent on a currency-neutral basis* NIKE Direct sales were $5. Sold Out. Shares of Foot Locker ( FL -3. Nike's stock has slumped more than 13% so far this year, compared with a 14% rally in the S&P 500 index of US shares. So far, 2023 has been a strong year for the broader stock market. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0. Official lookbook. Guides. 29%) At close: 04:00PM EST 107. S. Nike's stock price fell despite posting solid earnings growth metrics. Geographically, China continued to struggle with COVID-19 lockdowns. Women's Dunk Low Cool Grey and Football Grey. This change was narrower than the S&P 500's 0. Market Cap $164B Today's Change (-0. 30, moving -0. com - November 17 at 11:23 AM. Nike Adapt; Nike Air; Nike Air Force 1; Nike Air Max; Nike FlyEaseWhat Caused Nike Stock Drop? Tracy Lopez August 25, 2022 In an industry pressured by soaring inflation, Nike Inc. 51 Million Position in NIKE, Inc. Nike stock has climbed about 8% so far this year after losing nearly 30% in 2022. Year to date, Nike’s share price is down 3%. Analysts on Wall Street expected Nike to report revenue of $12. 4% lower in pre-market trading to indicate an opening bell price of $84. Sold Out. These are currently slated to drop on March 20 for $225 USD. Facts. 2. Nike is dealing with inventory problems. Yes. Even. 00. ’s stock spiked more than 13% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher. Elsewhere, the Dow lost. -23. Revenue: $12. The drop in oil prices is just a 'ploy. Vietnam is a major manufacturing hub for Nike. The Nike stock price gained 0. (NYSE: NKE) announced today that its Board of Directors approved a quarterly cash dividend of $0. The morning gain pushed Nike stock back above its 10-day and 21-day moving averages. 66. 00. 90 per share on revenue of $10. 8%. The Air Force 1 Travis Scott AF100 also showed a significant price increase, rising in value by roughly $150. 7% through 11:30 a. 7 billion, above analysts. Air Jordan 3. Nike (NKE) Gains But Lags Market: What You Should Know. NKE New York Stock Exchange • delayed by 15 minutes • CURRENCY IN USD • Textiles & Apparel. 38%. Foot Locker management blamed the performance on softening retail trends and increasing. ET on Friday after the retailer announced disappointing sales performance for the first quarter. Nike’s stock, a company that designs, develops, and markets footwear, apparel, equipment, and accessory products, has remained flat over the last week (five trading days) at levels of around. Zacks. 3 billion, up 17% year-over-year (y-o-y). Nike accounts for more than 70% of Foot Locker’s sales and is now seeing its stock drop on Foot Locker's print, with shares down nearly 3% on Monday. @Nike is a $130 Billion market cap which means that’s almost 3 billion dollars. Buy . Your. Image source: Getty Images. The stock now trades at a premium of 48x its projected 2022 earnings per share of about $3. 5 Bil, in line with the consensus estimate. Nike and Converse see growth in Asia, despite North American drop . Nike (NKE-1. 32. 2% on Friday following the release of the sports apparel titan's fiscal 2022 first-quarter earnings results and subsequent. 32 billion vs. Nike (NKE) has a Smart Score of 9 based on an analysis of 8 unique data sets, including Analyst Recommendations, Crowd Wisdom, and Hedge Fund Activity. ( NKE ), the world's leading athletic apparel company, is among the many retailers and consumer products companies hurt by the COVID-19 pandemic. 4x in fiscal 2023, this translates into a price of $99, which is 3% higher than the current market. Temporary store. 59, per Trefis. 165 €. Get the latest Nike Inc. 5% increase from the year before; in 1999, sales actually fell by more than 8%. This Nike SB Dunk Low is composed of a cloudy blue sky and green meadow leather upper with faux cowhide on the overlays and tongues. On Thursday, Nike NKE, +2. The low in the last 52 weeks of Nike stock was 88. Foot Locker’s stock tumbled 35% Friday after the shoe store predicted sales and profit would fall sharply this year. Q2 FY’23 refers to the quarter that ended on November 30, 2022. 62. Nike reported revenue of $12. 1% as of 11:20 a. Nike shares fell a bit on Tuesday. NIKE Stock Forecast 11-25-2023. In Stock. NKE stock currently is trading about 5% below that buy point. Note: Timeframe of analysis of this report is up to 2023-10-13. Official Images of the Nike Mac Attack "OG": Tennis legend John McEnroe's coveted classic is slated to return later this month. Nike (NKE) closed the most recent trading day at $96. Better still, gains in Nike's higher-margin, direct-to-consumer businesses helped to boost its. Nike Adapt; Nike Air; Nike Air Force 1; Nike Air Max; Nike FlyEaseAir Jordan 4 “Bred Reimagined” Expected For February 17th, 2024. SNKRS SHOCK DROP LINK HERE. Jeff Kowalsky/AFP via Getty Images. Orders. 91% and reach $ 112. Athletic apparel giant Nike doubled down on its decision to use transgender influencer Dylan Mulvaney in marketing campaigns to promote the company's female clothing. Wait times vary based on demand. It was the day after Colin Kaepernick, the former NFL player who kneeled during the US national anthem in. NIKE, Inc. (NKE) Compare. Shares of shoe retailing giant Nike (NKE-1. Upcoming. 12. After racing up by nearly 7% in early trading, shares held a gain of 4. You’ll need to agree to the billing agreement—it’s valid for one hour. The sneaker market is valued at over $131. The latest closing stock price for NIKE as of November 20, 2023 is 106. The Nike SB Dunk Low Decon N7 Will Release Only Via SNKRS And Heard Museum. (NYSE:NKE) has a market capitalization of $140. (NKE) : Free Stock Analysis Report. - Class B (NKE) with Hold Recommendation. View All Stores. Nike stock has dropped 33% in 2022, and just yesterday, May 9, hit a nearly two-year annual low of $110. 73. Nike's stock is still up nearly 30% in 2018. This suggests a possible upside of 13. Nike (NKE) said Thursday its. 0% and the Dow has edged up 0. Williams Trading downgraded Nike to sell from hold on Sunday and slashed its price target for Nike stock. m. – The. The Drop List 4-11-22. Nike has been struggling with sluggish sales in recent years. Nike’s net income for the period ended May 31 rose to $1. Cl B stock news by MarketWatch. 88 with a yield of 1%, while the average dividend yield of the consumer goods sector is 2. $11. Revenue: $12. an increase of about 15% for the S&P 500 over this roughly 3-year period. The dividend payout ratio for NKE is: 41. In Stock. Through several iterations of KD’s signature line, Nike has paid homage to the athlete’s late Aunt Pearl with a tonal pink finish and unique details. NKE | Complete Nike Inc. Volatility Over Time: NKE's weekly volatility (4%) has been stable over the past year. Globally, sales rose 10% on a currency-neutral basis in the period. 73. What happened. Air Jordan 3 'Fear' Learn More. Nike's stock has slumped more than 13% so far this year, compared with a 14% rally in the S&P 500 index of US shares. Third quarter reported revenues were $12. Mulvaney announced the partnership on Instagram by. Nike SB Dunk Low Desert Ochre and Midnight Navy. Nike stock climbs after initial losses. In Stock. Its reported 5% sales increase rises to 8% once you account for currency exchange rate. It is important to note. 92. Nike stock bounced around for most of the year, but it suffered a significant drop in May. (NYSE:NKE) marketbeat. Ask Nike. This report has 8 useful sections. The stock slid 1. 168 €. During the last trading day the stock fluctuated 1. 4% year. Air VaporMax Moc Roam Black. 53%) reported results for its fiscal 2023 first quarter after the closing bell Thursday, and investors didn't like what they saw. 59. 1 million. That topped. Bag. Transgender influencer Dylan Mulvaney announced a partnership with Nike on Instragram this month. On November 5th of 2021, Nike stock closed at its most recent all-time high of $177. Go woke go broke. Even though most of the other publicly-traded companies in the same industry saw their stock prices drop, too. We forecast earnings per share to come in at $3. The second key opportunity stems from Nike’s valuation multiple compared to its peers. com goat. © 2023 Nike, Inc. 9%. 11 that market analysts had. 2023 Nike Stock Outlook. In addition to a leather Swoosh in a different shade of grey, branding elements include a cross-feather graphic on. Nike’s Q4 2023 earnings per share is expected to come in at 63 cents per Trefis analysis, marginally ahead of the consensus estimate. New York CNN Business —. The revenue estimate at $13. @boardroom @espnNike stock prices closed at an all-time high on Thursday, 10 days after the company announced that divisive NFL player Colin Kaepernick was the new face of its "Just Do It" campaign. Kids' Sneakers. Shares of Nike ( NKE -1. - Class B stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Nike, Inc. Nike 's first quarter financials till August 31, 2023, revealed a revenue of $12. 53%) did not score a slam dunk last year. The stock is down about 6% from. Sneaker News August 24, 2023. The decision drew a mixed reaction on social media, and Nike shares briefly sank on the news. 1%. 82 in November 1992 and sold off to $1. 7 billion, ahead of analysts' estimates for $12. The bellwether consumer stock got crushed by surprisingly bad earnings. 64 on the stock market today . Under Armour’s and Adidas’ sluggish results and forecast dragged down other big sportswear brands, including Nike (NKE) and Lululemon (LULU). Sold Out. Mississauga, Ontario, L5E1V4, CA. 20%) -$0. 98 +0. 10 on May 5. 766 billion. Nike reported Q2 revenue of $13. Nike reported net income for the three-month period ended Aug. Nike SB x TIGHTBOOTH®︎ Dunk Low Pro Black and White. The fund’s stake in Nike is currently worth $19. Nike’s results are an encouraging sign about consumer spending during the holiday shopping season. 76, representing an -18% decline from Q1 fiscal 2023. The high-profile blow out caused a one per cent drop in Nike's share price. NKE stock has declined from around $147 to $128 over the last year, underperforming the broader indices, with the S&P falling about 8% over the same. The backlash continues against Nike's partnership with Dylan Mulvaney, a transgender influencer. $170. (NYSE: NKE) plans to release its. Nike SB Janoski OG+ Red Stardust and Rosewood. Update: Back in June, the imminent launch of the Born x Raised x Nike (NYSE:NKE +1. Nike shares soar after earnings. 53%) retreated 5. 66 and its highest was $130. Produkt niedostępny. 25 billion, which is lower than the $12. Getty Images. 97 per share. Made exclusively for. The average stock rating of 36 brokerages covering Nike is "buy" and the median price target is $115, down from $130 a month ago. The Nike Día de Muertos collection brings family to the Air Jordan 1 Zoom CMFT 2, Air Max 1, Dunk Low, and Blazer Mid for 2023. This women's exclusive style is dropping in the Nike App, so don't miss your chance to get your hands on a pair of these eye-catching sneakers. Air Jordan 11 'Gratitude' (CT8012-170) Release Date Shock Drop. Case 2: Nike stock rises by 5% or more in. Currency in USD Follow 2W 10W 9M 107. Nike earnings are expected to drop -21% in its current fiscal 2023 at $2. 12 as of 7/22/22.