Nike, Inc [NKE] stock prices are up 6.23% to $77.59 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NKE shares have gain 9.37% over the last week, with a monthly amount glided 9.11%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nike, Inc [NYSE: NKE] stock has seen the most recent analyst activity on February 07, 2025, when Citigroup downgraded its rating to a Neutral and also revised its price target to $72 from $102. Previously, Piper Sandler upgraded its rating to Overweight on January 10, 2025, and elevated its price target to $90. On December 20, 2024, downgrade downgraded it’s rating to Market Perform but maintained its price target of $80 on the stock. Wells Fargo reiterated its Overweight rating and decreased its price target to $92 on December 16, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and reduced its price target to $93 on December 16, 2024. Needham started tracking with a Buy rating for this stock on November 22, 2024, and assigned it a price target of $84. In a note dated October 10, 2024, Truist upgraded an Buy rating on this stock and boosted its target price from $83 to $97.
The stock price of Nike, Inc [NKE] has been fluctuating between $68.62 and $107.34 over the past year. Currently, Wall Street analysts expect the stock to reach $92.4 within the next 12 months. Nike, Inc [NYSE: NKE] shares were valued at $77.59 at the most recent close of the market. An investor can expect a potential return of 19.09% based on the average NKE price forecast.
Analyzing the NKE fundamentals
The Nike, Inc [NYSE:NKE] reported sales of 49.05B for trailing twelve months, representing a drop of -7.53%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.35 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.86.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 75.50 points at the first support level, and at 73.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.68, and for the 2nd resistance point, it is at 79.77.
Ratios To Look Out For
It’s worth pointing out that Nike, Inc [NYSE:NKE]’s Current Ratio is 2.22. In addition, the Quick Ratio stands at 1.51 and the Cash Ratio stands at 0.71. Considering the valuation of this stock, the price to sales ratio is 2.34, the price to book ratio is 8.19 and price to earnings (TTM) ratio is 23.97.
Transactions by insiders
Recent insider trading involved PARKER MARK G, EXECUTIVE CHAIRMAN, that happened on Feb 14 ’25 when 0.17 million shares were sold. EVP: Chief Legal Officer, Leinwand Robert completed a deal on Feb 13 ’25 to sell 4506.0 shares. Meanwhile, Officer PARKER MARK G bought 0.17 million shares on Feb 14 ’25.
