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, Middle East, and Africa (EMEA) regions, offsetting modest growth in North America. Nike's shares have fallen significantly, down about 43% year-to-date and 49% over the past year, reflecting investor concerns about the company's turnaround efforts under CEO Elliott Hill. The biggest challenge remains in Greater China, where revenue is expected to fall 12.6% to $1.3 billion.
Nike's shares trade near their 52-week low at USD 35.96 on Pluang as of September 24, 2026, with a slight 0.25% decline in the past day. Despite the stock's significant year-to-date drop of about 43%, Pluang investors show strong buying interest, with 94% of order activity favoring buys. This trading behavior occurs ahead of Nike's Q1 2027 results, which are expected to reveal continued sales pressure, especially in Greater China.
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...
Nike announced a $0.41 quarterly dividend to be paid on October 1, offering a 4.62% annual yield to shareholders despite the stock's 80% decline from its 2021 peak. The ex-dividend date was September 1, so new investors won't receive this payment. Ni...
French soccer star Kylian Mbappé has ended his nearly 20-year partnership with Nike and signed with Swiss sportswear brand On. Mbappé will collaborate with On to design high-performance football footwear and apparel, marking On's entry into the socce...
