Nike's stock has fallen about 20%, but it remains rated Hold as its valuation still reflects optimism for a turnaround. The company expects low-to-mid single-digit revenue declines in the first quarter, with potential slight gross margin expansion and flat selling expenses. Recent strategic shifts in China and a partnership with Skims provide long-term growth opportunities, although near-term demand remains weak. Despite trading at a 45% premium to its sector, Nike's valuation is near multiyear lows, limiting risk/reward appeal for investors.
Nike shares trade at USD 35.24 on Pluang, down 2.08% as of Sep 25, 2026 18:31 WIB, reflecting ongoing investor caution ahead of its first-quarter earnings report. Despite a 45% premium valuation noted in the news, Nike's market cap stands at $53.39 billion with a dividend yield of 4.56%, indicating some income appeal. Pluang data shows strong buyer interest with 97% of order activity on the buy side, suggesting confidence in the company's longer-term prospects amid current challenges.
Bank of America downgraded Nike to Underperform and cut its price target to $30, citing a delayed sales recovery now expected a full fiscal year later. The bank highlighted risks including slowing North America wholesale, weak demand in China, produc...
Nike Inc. will report its first-quarter fiscal 2027 results on October 1, with analysts forecasting a 3.2% decline in revenue to $11.3 billion compared to last year. The sales drop is mainly due to weak performance in Greater China and the Europe, Mi...
Oppenheimer lowered Nike's price target to $52 from a higher level, reflecting concerns over falling sales and macroeconomic challenges. Despite Nike's stock trading near its 52-week low around $35.35, the new target implies a potential 44.85% upside...
On Holding announced its first-ever $1 billion share buyback and set ambitious sales and margin targets through 2029 at its 2026 Investor Day in Zurich. The company aims for net sales of at least CHF 5.6 billion by 2029 with a 22% EBITDA margin, sign...
On September 21, 2026, Sandisk was added to the S&P 100 index, replacing Nike, which was removed on the same day. This change reflects shifts in market capitalization and company performance within the index. The update is significant for investors t...
