NKE Stock Recent News
NKE LATEST HEADLINES
With markets closing out the first half of the year and the month of June on a high note,the S&P 500 is now up 5.7% so far in 2025.
Nike (NKE -1.39%) stock jumped 16% on Friday following its fiscal fourth-quarter earnings report the night before. That move would be the biggest one-day percentage gain for the stock in several years.
I recommend a Buy rating due to the company's strong revenue growth and expanding market share in its core segments. Management's focus on operational efficiency is driving margin improvement, supporting long-term profitability and cash flow generation. The company's robust product pipeline and recent strategic acquisitions position it well for future growth and competitive advantage.
JD Sports Fashion PLC (LSE:JD.) looks likely to catch a tailwind from Nike's ongoing inventory clean-up, but headwinds remain as the retailer pivots to full-price growth.
Nike's Q4 and FY2025 results were weak, but the stock surged on management's optimistic recovery narrative, despite ongoing operational and margin pressures. Market share losses, and declining brand mindshare among US teens are increasingly concerning, with competitors gaining ground. Still, analyst expectations seem to have bottomed, a bit later than previously expected.
It's been frustrating to be a Nike (NKE 15.28%) investor the past few years, but investors cheered after new CEO Elliott Hill indicated that the worst was now behind the company after it reported its fiscal fourth quarter results.
Nike (NYSE: NKE) stock has increased by over 20% in the past five days; however, it still remains down 5% year-to-date, trailing the S&P 500's 4% rise. The company disclosed fourth-quarter earnings that exceeded expectations — revenue fell by 12% to $11.1 billion, surpassing analyst estimates.
Nike (NKE 15.28%) provided an update to investors in late June, indicating a recovery was forthcoming.
In this video, I will go over Nike's (NKE 15.28%) recent earnings report and explain whether it is worth picking up this beaten-down, iconic company. Watch the short video to learn more, consider subscribing, and click the special offer link below.
It was a record-breaking week on Wall Street with the SPX and NDX both hitting new all-time highs. Tech led the push to the milestones, with companies like Nvidia (NVDA), Microsoft (MSFT), and Palantir (PLTR) tapping highs of their own.