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, indicating long-term value. Investor sentiment remains cautious as Nike and peers face tough market conditions, but the analyst still sees growth potential ahead.
As of Sep 23, 2026 21:43 WIB, Nike (NKE) shares trade at USD 36.17 on Pluang, showing a slight gain of 0.19% for the day. The stock's market capitalization stands at $53.55 billion, with a dividend yield of 4.54%. Despite the cautious sentiment highlighted in the article, Pluang data shows a majority of order activity leaning towards selling at 65%.
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...
