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NKE News and Press, Nike Inc. From 07/01/24

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Company Name: Nike Inc.
Stock Symbol: NKE
Market: NYSE
Website: nike.com

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NKE - Why Nike Shares Plummeted Following Earnings

2024-07-01 06:37:29 ET Summary Nike stock plummeted over 30% after Q4 earnings, marking the worst single day drop in company history. Sales were up only 1% for the fiscal year, the worst growth in over two decades, leading to concerns about long-term prospects. Analysts downgr...

NKE - Is Nike Stock a No-Brainer Buy Right Now?

2024-07-01 05:00:00 ET In this video, I will talk about Nike 's (NYSE: NKE) recent earnings report, which saw the stock crash 20% on Friday, June 28. *Stock prices used were from the trading day of June 28, 2024. The video was published on June 30, 2024. Continue r...

NKE - Nike: Peak Pessimism Creates A Buying Opportunity

2024-07-01 04:20:23 ET Summary Nike stock is currently offering investors a rare entry point due to recent struggles and a sharp sell-off, presenting an attractive buying opportunity. Despite challenges in revenue growth and product innovation, Nike's strong brand value, dividend ...

NKE - Outperform Recommendation Issued On NKE By Bernstein

2024-07-01 00:00:05 ET Bernstein analyst issues OUTPERFORM recommendation for NKE on June 29, 2024 12:03PM ET. The previous analyst recommendation was Outperform. NKE was trading at $75.37 at issue of the analyst recommendation. The overall analyst consensus : BUY. C...

NKE - NKE Price Target Alert: $86.00. Issued by Wells Fargo

2024-07-01 00:00:05 ET Ike Boruchow from Wells Fargo issued a price target of $86.00 for NKE on 2024-06-30 06:17:00. The adjusted price target was set to $86.00. At the time of the announcement, NKE was trading at $75.37. The overall price target consensus is at $109.30 ...

NKE - NKE Price Target Alert: $112.00. Issued by Bernstein

2024-07-01 00:00:04 ET Aneesha Sherman from Bernstein issued a price target of $112.00 for NKE on 2024-06-29 12:03:00. The adjusted price target was set to $112.00. At the time of the announcement, NKE was trading at $75.37. The overall price target consensus is at $109....

NKE - 3 Things To Watch Out For In The June 2024 Jobs Report

2024-06-30 09:00:00 ET Summary Markets are near an all-time high, negating the relevance of the NFP report. Stock markets will close early on July 4 and 5 at 1 pm, minimizing the reaction to the June jobs report. Investors should expect job increases in government, healthcare,...

NKE - Buy Nike: Mr. Market Dumps This Top 10 Brand For 20% Discount

2024-06-29 15:36:44 ET Summary Nike stock crashed 20% due to weaker than expected guidance for FY 2025, despite solid Q4 FY 2024 results. The world's leading sports apparel and footwear company indicated that it expects sales for FY 2025 to decline by about mid-single digits. ...

NKE - Earnings Scorecard: Nike loses air after shocker results send shares sliding

2024-06-29 14:45:00 ET We are just two weeks away from the second quarter earnings season, and the lull phase of the first quarter reporting is slowly coming to an end. In the last week of June, eight S&P companies disclosed their earnings. Here is a quick glance at the financial result...

NKE - Notable analyst calls this week: Nike, Micron and FedEx among top picks

2024-06-29 14:31:00 ET The S&P500 ( SP500 ) closed in the red on Friday, after an eventful week that saw companies including Micron Technology ( NASDAQ: MU ) and Nike ( NYSE: NKE ) posting quarterly results. The market also focused on inflation data and the first U.S...

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