$25/share in 2026?
Appears no growth left… Analysts and banks have all unfortunately reduced price targets last week post earnings.
9 replies (most recent on top)
Technical analysis sees a fall to the 30s and then a catalyst for a jump. Probably the jump is… firing the ceo
@OP , technically, it can go to $0. Not looking good today; tested a new low of $42.39. Shorts are running the show. Last week, NKE took over last place on the DOW (Weighted Rank 30), and sliding downward on the S&P 500 (Market Cap Rank 181). Short Interest jumped up significantly after the earnings release.
SlickCharts, DOW 30, Ranked by Stock Price Weight
https://www.slickcharts.com/dowjones
SlickCharts, S&P 500, Ranked by Market Cap
https://www.slickcharts.com/sp500
FINRA, Daily Short Sale Volume Files, FINRA Consolidated NMS , Open text file, then CNTR-F search NKE
https://www.finra.org/finra-data/browse-catalog/short-sale-volume-data/daily-short-sale-volume-files
This is SOS territory. Stock is down 25% in just a month!
The tariffs have been a major headwind to earnings. On top of that there is a trouble in China and Emea. Need to lap the tariffs to see upside. Takes long time to unwind the stupidity of dunce JD.
@as I think announcing investors day now is strategic. They know people were hoping for a faster turnaround, and just announcing it isn't going to be enough to impact stock now, but my best is they time it for when they expect the turnaround, with just a touch of forced demand to juice the numbers for the first quarter, get investors interested again, then hope to ride the wave. This is mostly a financial play, but it does rely on wholesale growth to pick up some. Nike grew too complacent expecting investors to just trust the growth and stopped doing investor days. Hopefully some humility will stick.
They're gonna sh!t the bed for all the Olympics launches across inc and the investors day will be a flop.
@a8 gotta sell Converse to Authentic Brands Group first
Algos are saying loosing another 5 before June. Is the company going to get bought out by Adidas?
EH and BOD hopes first investor day since 2017 can save us.
Hope this approach does not backfire with Olympics-esque pathetic product innovation!