UBS has lowered its price target for Nike by 13% to $42 due to weakening global sales trends and earnings pressure ahead of Nike's first-quarter report for fiscal year 2027. UBS expects Nike's first-quarter earnings to miss consensus by $0.05 per share and projects second-quarter guidance below consensus estimates. The broker also reduced its fiscal year 2027 earnings estimate to $1.30 per share from about $1.55 and flagged risks of further downward revisions. Despite these concerns, UBS maintains a neutral rating, expecting Nike to perform in line with peers over the next year. Nike's shares fell 1% to $35.89 following the announcement.
Nike shares on Pluang are trading at USD 35.79, down 1.57% in the last day, with a market cap of $53.94 billion. The stock is near its 52-week low of $35.78, while typical investors hold it for about 155 days. These figures are current as of Sep 19, 2026 00:21 WIB.
Kylian Mbappé has ended his long-standing endorsement deal with Nike, which chose not to renew his contract, and signed with Swiss sportswear company On. This marks On's first major entry into football, alongside naming Thierry Henry as director of f...
French soccer star Kylian Mbappe has ended his 20-year partnership with Nike to join Swiss sportswear brand On, which is backed by Roger Federer. This move highlights On's ambition to expand into football, planning to launch its first football boots ...
Nike's stock has dropped 75% over five years, hitting a 12-year low, prompting CNBC anchor Joe Kernen to speculate that Berkshire Hathaway might consider buying the brand. Nike's market cap has shrunk to about $43.66 billion from a $264 billion peak ...
On Holding's stock rose 5% after French soccer star Kylian Mbappé became the face of its new football cleats and apparel line, marking the brand's first serious move into the football market dominated by Nike and Adidas. This move expands On Holding'...
Nike's stock has fallen nearly 50% over the past year, raising questions about its status as a growth stock. While Nike has increased its dividend for 24 consecutive years, the current 4.56% yield is partly due to the collapsing share price rather th...
