NKE

When you buy through links on our articles, Future and its syndication partners may earn a commission. Markets ended the first full trading week of July on a positive note, with all three main equity indexes posting gains on Friday. Investors, traders and speculators welcomed another hot initial public offering (IPO) as they look forward to the acceleration of earnings reporting season and new Fed Chair Kevin Warsh's first testimony on Capitol Hill since taking over at the world's most important central bank. Materials stocks took the lead on Friday, as 10 of 11 sectors closed in the green. Tech stocks were higher, too, while Nvidia (NVDA, +4.0%) and Nike (NKE, +3.8%) were the top-performing Dow Jones stocks. SK Hynix (SKHYV, +17.0%) started trading late in the morning and immediately popped to an intraday of $176.34, 18.3% above its IPO price. After raising $26.5 billion this week, SK Hynix now ranks among the biggest IPOs in U.S. history. Financial stocks added more than 1%, with Bank of America (BAC, +0.7%), Citigroup (C, +0.7%), Goldman Sachs (GS, -0.1%), JPMorgan Chase (JPM, +0.3%) and Wells Fargo (WFC, +0.2%) scheduled to report second-quarter earnings before the opening bell next Tuesday. By the closing bell, the Nasdaq Composite had added 0.3% to 26,281, finishing with a 1.7% weekly gain. The broad-based S&P 500 rose 0.4% on Friday and 1.2% for the week to 7,575. The blue-chip Dow Jones Industrial Average ticked up 0.3% to 52,673 but tracked back 0.5% over the five days. As Louis Navellier of Navellier & Associates foreshadows, next week is a big one for the earnings calendar: "We are locked and loaded for another earnings announcement season," Navellier writes, noting that valuations for "fundamentally superior stocks" are being compressed. It's also a big one for the economic calendar: "I think it is safe to say that Fed Chairman Warsh is planning to turn the Fed inside out, streamline it and make it operate more efficiently," Navellier writes. Warsh is scheduled to testify before the House Financial Services Committee on Tuesday and at the Senate Banking Committee on Wednesday. As Navellier explains, Warsh is putting together five task forces to "re-examine how the central bank operates." The task forces will focus on AI, productivity and jobs; Fed communications; the Fed’s balance sheet, inflation and economic data. Looking for more timely stock...

Nike Inc. (NYSE:NKE) is one of the 12 Best Dow Stocks to Invest In Right Now. On July 3, Joseph Civello, an analyst at Truist Financial, reiterated a Buy rating on Nike Inc. (NYSE:NKE) and set a price target of $47. The analyst update follows the company’s quarterly earnings report announced on June 30. The company reported revenue of $11 billion, which beat the Wall Street consensus of $10.85 billion. The earnings per share came in at $0.20, which exceeded analysts’ estimates of $0.12. Despite comfortably beating Wall Street estimates, investors should note that the company’s Q4 revenues were down 1% on a reported basis and 4% on a currency-neutral basis. Moreover, the company recognized a one-time $986 million benefit tied to tariff claims, which lifted reported profit and gross margin. Going forward, for the first quarter of fiscal 2027, NKE expects revenue to decline in the low- to mid-single digits, with gross profit margin slightly positive. Management was asked about future growth drivers, and CEO Elliot Hill said the company’s strength in sports remains a key competitive advantage supporting the broader brand. He reiterated that the Sportswear segment plans to introduce more than a dozen new footwear styles in the second half of fiscal 2027. NIKE Inc. (NYSE:NKE) is a global sportswear company that designs, develops, markets, and sells casual and athletic footwear, equipment, apparel, and accessories. The company’s portfolio consists of brands such as NIKE, Chuck Taylor, One Star, Jordan, and Jumpman. While we acknowledge the potential of NKE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Major Stocks to Buy According to Analysts and 7 Underperforming Data Centre Stocks to Buy According to Short Sellers. Disclosure: None. Follow Insider Monkey on Google News.

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Nike (NKE) reported fourth quarter earnings that came in ahead of expectations, helped by a sizeable tariff refund. However, a sharp sales decline in Greater China and guidance for continued sales pressure kept investor sentiment cautious. See our latest analysis for NIKE. Nike’s recent Q4 beat and tariff refund have not stopped the share price from falling sharply year to date, with the year to date share price return down 31.72% and the 1 year total shareholder return down 39.94%. This signals that confidence in the turnaround remains weak, despite a 5.26% 7 day share price rebound. If Nike’s mixed signals have you looking beyond a single stock, it could be a good moment to scan the market for other opportunities in consumer and retail trends using the 19 top founder-led companies Nike is still a global powerhouse in sportswear, yet the stock’s steep year to date fall raises a different issue for you as an investor: is this strong business now attractively priced or just cheaper for good reason? At a last close of $43.21, Nike is trading almost in line with the fair value of $43.01 implied by the most followed narrative, even though that narrative originally viewed the stock as expensive at much higher prices. Read the complete narrative. This narrative by DS2invest hinges on how fast Nike can grow its top line, sustain its margins and justify a richer future earnings multiple. The fair value call sits on a tight set of assumptions about profitability, reinvestment and what investors may be willing to pay for those future earnings. If you want to understand how those building blocks combine into a single price, the full storyline lays it out clearly. Result: Fair Value of $43.01 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Nike’s reliance on continued brand strength and cost efficiency could be tested if consumer demand weakens or if competitors pressure pricing and margins. Find out about the key risks to this NIKE narrative. While a common Nike narrative sees the stock as overvalued at higher prices, the current P/E of 20.6x tells a different story. It sits below the peer average of 28.1x and below a fair ratio of 26.6x, which suggests the market may be pricin...

Nike (NYSE: NKE) has been struggling in recent years to grow its business, but there's no denying the brand remains highly recognizable and is iconic in the athletic world. And when a company has strong assets to work with, there's the potential for a turnaround effort to be successful and pay off. The apparel company remains in the midst of a turnaround, and with it beating expectations in its most recent quarterly results, there may be a glimmer of hope that the business is on the right track. Is Nike's stock worth buying right now? Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » On June 30, Nike reported its fourth-quarter results for the period ending May 31. While revenue for the period totaled $10.97 billion and beat analyst expectations of $10.86 billion, that still represented a year-over-year decline of 1%, reflecting a low bar for the company. Nike benefited from tariff refunds during the quarter, which enabled its bottom line to jump from $211 million a year ago to nearly $1.1 billion for the most recent period. Even on an adjusted basis, however, the company's per-share profit of 20 cents was better than expectations of 13 cents. The earnings results have given the apparel stock a bit of a boost, but CEO Elliott Hill, who took over nearly two years ago, admits that the company still faces challenges in its turnaround effort, particularly in Greater China, where sales declined by 12%. "We know we're not living up to our full potential." If Hill successfully turns the business around and gets Nike back to growth, that would likely result in significant gains for the beaten-down stock, which has fallen more than 70% over the past five years. But with there being little, if any, real progress to show since Hill took over, it's clear there are significant challenges for the company and questions about its future. The stock may appear cheap, but not when measured by future earnings projections; it's trading at a forward price-to-earnings multiple of 23, based on analysts' expectations for the year ahead. That's not low at all, given the uncertainty with Nike's stock right now. There's still a ton of risk here, and Nike's stock may...

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Nike stock is caught in a valuation tug-of-war, with a long 5 year share price decline pointing to heavy pessimism while the current intrinsic value estimate from a Discounted Cash Flow (DCF) view sits close to the market price and earnings based multiples lean more positive. Nike shares have fallen about 70.8% over the past 5 years, which shows how sharply sentiment has reset around the company. Management efforts to rebuild margins and cash flow through a turnaround in categories like running and football can support the valuation, but execution missteps and weaker demand in Greater China remain a key risk that may cap how much investors are willing to pay. The stock screens as neither clearly cheap nor clearly expensive on the broader checks. Nike scores 4 out of 6 on valuation, and the Discounted Cash Flow (DCF) intrinsic value estimate sits only about 6.0% above the current price while multiples suggest some undervaluation. The issue now is whether Nike's current price already reflects the prolonged turnaround risk, or if the mix of fairly valued intrinsic estimates and more supportive multiples leaves room for a re rating. Find out why NIKE's -42.1% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model values NIKE by projecting future free cash flows and discounting them back to today. For NIKE, the latest twelve month free cash flow is about $1.0b, and the model assumes these cash flows recover over time rather than shrink. On that basis, the 2 Stage Free Cash Flow to Equity approach points to an intrinsic value of about $45.81 per share, only slightly above where NIKE currently trades, implying roughly a 6.0% discount. The recent downgrade cycle, with firms such as Evercore and JPMorgan citing execution issues and weak demand in Greater China, helps explain why the market is reluctant to pay a premium to this cash flow estimate. Overall, the DCF analysis indicates that NIKE stock appears to be trading close to its estimated intrinsic value at current levels. NIKE is fairly valued according to our Discounted Cash Flow (DCF), but this can change at a moment's notice. Track the value in your watchlist or portfolio and be alerted on when to act. Head to the Valuation section of o...

The good news might have been that Nike's fourth-quarter sales and profits came in better than many expected. But any smiles those numbers evoked got wiped out by bigger, uglier revelations, including a discouraging forecast for China, persistent trouble at Jordan, and an unrelenting freefall at Converse. For its fiscal fourth quarter, revenues fell 1%, reaching $11 billion. And for the full year, sales came in flat at $46.4 billion. Net income shot up to $1.07 billion, from $211 million in the comparable quarter a year ago, and declined 3% for the full year, easing to $3.1 billion. Those numbers, above Wall Street consensus forecasts, came along with other nice surprises. With its fifth consecutive quarter of double-digit gains in Nike Running, the athletic giant added $1 billion to its business. Sales trends in North America -- a major concern as U.S. consumers cooled on the brand -- are up again, rising 3%. And a modest tariff refund should help profits. But there were plenty of disappointing results as well. The long-promised recovery in China, which accounts for 11% of total sales according to Morningstar, didn't materialize, and sales fell 17%. Revenues for Converse were $244 million, down 32% in all regions. For the full year, it declined 31% to $1.2 billion. And apparel problems persist, with the company acknowledging ongoing challenges in Nike Sportswear and Jordan Streetwear. Nike lowered demand creation expense by 4% to $1.2 billion, as it cut brand marketing expenses. And in its earnings call for investors, Elliott Hill, president and CEO, called out changes the company is making: "We're out front rewriting our marketing playbook." That means thinking less in terms of one big campaign and more as a modular ecosystem. Hill cited the "full Nike Football universe" as an example and explained how the company turned 31 Polaroids representing World Cup teams into a long-form "Rip The Script" effort, then sliced and diced it into a network of entry points. It's how Nike believes younger consumers want to engage, "discovering, sharing, and participating in the story as it unfolds." The strategy is working, he insisted, noting that Nike's stories earned 1.5 billion views by the first week of the World Cup. Changes at Nike's scale, however, "take time." Investors are not feeling very patient. The stock, which traded near $180 a share at the height of the p...

NIKE (NYSE:NKE), a global athletic footwear and apparel designer, marketer, and seller, closed at $43.14, up 5.09%. The stock rose after premarket results beat estimates, though investors are watching tariff-related profit support and a cautious revenue outlook. Trading volume reached 74.5M shares, coming in about 181% above its three-month average of 26.5M shares. S&P 500 (SNPINDEX:^GSPC) closed at 7,485, down 0.19%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,040, down 0.66%. Among footwear and apparel retail, focused on athletic and sportswear products peers, Adidas closed at $102.83, up 0.25%, and Under Armour closed at $6.59, up 3.13%, as investors weighed brand demand and a 2026 FIFA World Cup backdrop. While Nike’s revenue dipped 1% and the company delivered an otherwise mixed earnings report, the stock rose higher today. I think this reaction has more to do with Nike’s stock being down 73% over the last five years than anything incredible highlighted in Q4. That said, Nike running shoes grew sales by double digits for five straight quarters, the company’s wholesale operations in North America also grew by double digits, and inventory remained flat. Said another way, Nike’s “core” is improving. However, sales in China dropped 17%, underscoring the country’s ongoing weakness. Meanwhile, Converse sales also dropped by 32%, adding to the company’s struggles. With management guiding for a low-to-mid single-digit sales decline in the first half of fiscal 2027, I’d rather just wait and see with Nike stock, rather than try to time the bottom perfectly. This has been a multi-year “turnaround,” and I’d rather see some tangible improvement before considering an investment at this point, despite the company showing a few signs of progress in Q4. Before you buy stock in Nike, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nike wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $385,055!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,228,089!* Now, it’s worth noting Stock Advisor’s total average...

NIKE, Inc. NKE reported fourth-quarter fiscal 2026 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate. The company’s EPS of 20 cents increased 42.9% from the year-ago level and beat the Zacks Consensus Estimate of 11 cents.Revenues of the Swoosh brand owner dipped 1% year over year to $10.97 billion but surpassed the Zacks Consensus Estimate of $10.85 billion. The upside was aided by wholesale growth and increased revenues in North America.This Zacks Rank #4 (Sell) company’s shares have lost 7.1% in the past three months compared with the industry’s 1.8% drop. NIKE’s fourth-quarter revenues fell 4% on a currency-neutral basis. Revenues for the NIKE Brand were $10.72 billion, flat on a reported basis and down 3% on a currency-neutral basis. The weakness was mainly due to declines in Greater China and EMEA, somewhat offset by growth in North America.Wholesale revenues increased 4% on a reported basis and 1% on a currency-neutral basis to $6.6 billion. Growth was mainly driven by North America, partly offset by lower revenues in Greater China.NIKE Direct revenues declined 7% on a reported basis and 9% on a currency-neutral basis to $4.1 billion. The drop was due to a 12% decline in NIKE Brand Digital and a 7% fall in NIKE-owned stores. NIKE, Inc. price-consensus-eps-surprise-chart | NIKE, Inc. Quote North America revenues rose 3% year over year to $4.83 billion. Footwear increased 4% to $3.23 billion, apparel rose 1% to $1.31 billion and equipment slipped 1% to $292 million.EMEA revenues fell 1% on a reported basis and 6% on a currency-neutral basis to $2.98 billion. Footwear declined 4% to $1.82 billion, while apparel rose 6% to $982 million and equipment dropped 3% to $172 million.Greater China remained under pressure, with revenues down 12% on a reported basis and 17% on a currency-neutral basis to $1.30 billion. Footwear fell 13% to $938 million, apparel declined 10% to $334 million and equipment dropped 17% to $25 million.APLA revenues increased 1% on a reported basis but were down 1% on a currency-neutral basis to $1.60 billion. Footwear remained flat at $1.1 billion, apparel rose 6% to $420 million and equipment dipped 2% to $62 million.Converse revenues dropped 32% on a reported basis and 34% on a currency-neutral basis to $244 million due to decreases in all territories. Gross profit rose 21% year over year to $5.3...

NIKE (NKE) reported fiscal Q4 earnings late Tuesday of $0.72 per diluted share, up from $0.14 a year

Nike's (NKE) fiscal fourth-quarter revenue slipped year-over-year, while the sportswear company's ea

Wall Street has wrapped up its best quarter since 2020, with the Dow Jones adding another 0.3% on Friday to close at a fresh record of 52,319 points. The Nasdaq was up 1.5% at 26,213 points and the S&P 500 was up 0.8% at 7,499 points. Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) announced on Tuesday that it has completed a technical field scouting program across its M47 exploration licence in southeastern Türkiye as it prepares for a planned geophysical data acquisition campaign during the 2026 field season. 374Water Inc (NASDAQ:SCWO) has completed the first phase of a pilot deployment of its mobile AirSCWO waste treatment system in St. Cloud, Minnesota, as the cleantech company continues to evaluate its technology for the destruction of PFAS-containing waste streams. Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) has reported results from metallurgical test work at its Philadelphia gold-silver project in Mohave County, Arizona, highlighting strong gold recoveries from both agitation leach and heap leach cyanidation testing. Intrusion, Inc. (NASDAQ:INTX) shares jumped 41% on Tuesday following the company’s announcement that it has completed the acquisition of cybersecurity managed security service provider VigilAigent from Tego Cyber, a deal expected to immediately expand revenue and commercial reach. Abivax SA (NASDAQ:ABVX, EPA:ABVX) (Abivax SA (NASDAQ:ABVX, EPA:ABVX) shares surged more than 40% on Tuesday after the French biotech released updated safety data from its late-stage ulcerative colitis program for its investigational drug obefazimod, easing earlier market concerns around reported cancer cases in the study. AeroVironment (NASDAQ:AVAV) shares surged about 15% in early trading following the company’s fiscal fourth-quarter results, as investors reacted to stronger-than-expected revenue and earnings, alongside a sharply higher backlog and upbeat defense demand outlook. As the month comes to an end, gold hovers just above $4,000 per ounce, down this year amid elevated Fed rate hike expectations and a strengthening US dollar. “Gold is on track for its eighth straight week and fourth consecutive month of falling prices amid a hawkish Fed and appreciating greenback, dropping by close to 30% from its January peak,” IG chief technical analyst Axel Rudolph said. “Meanwhile the Yen sinks to a 40-year low - increasing the risk of Bank of Japa...

A pandemic winner, Nike couldn’t hold on to its gains and now trade at just a fraction of its 2021 highs.