NKE Stock Recent News
NKE LATEST HEADLINES
Zachary Warring, Equity Research Analyst at CFRA, sees Nike's future growth, citing underestimated earnings, CEO strategy, and upcoming innovation, raising his price target from $80 to $85.
Kevin McCarthy, Neuberger Berman portfolio manager, joins 'Squawk Box' to discuss Nike's quarterly earnings results, CEO Elliott Hill's turnaround plan, impact of new tariffs, sliding consumer confidence and a slower than expected turnaround, and more.
Nasdaq 100 falls as Nike and FedEx cut guidance. Micron outperforms with strong AI chip growth.
I reiterate a 'Buy' rating on Nike with a one-year target price of $82 per share, despite near-term headwinds and revenue decline. Nike faces ongoing growth challenges, particularly in its direct-to-consumer business, and needs to shift its portfolio towards performance dimensions. Greater China revenue declined by 15%, but the overall risk from China is diminishing as Nike's exposure to the region shrinks.
Markets close lower, Micron jumps on earnings beat, Nike reports Q3 earnings Market Domination anchor Julie Hyman and Yahoo Finance Senior Markets Reporter Josh Schafer take a look at the trading day's top stories for March 20, 2025. The brief Fed-fueled rally has stalled, leading the major indexes to close in the red.
NIKE, Inc. (NYSE:NKE ) Q3 2025 Earnings Conference Call March 20, 2025 5:00 PM ET Company Participants Paul Trussell - Vice President of Corporate Finance and Treasurer Elliott Hill - President and CEO Matt Friend - CFO Conference Call Participants Lorraine Hutchinson - Bank of America Brooke Roach - Goldman Sachs Aneesha Sherman - Bernstein Simeon Siegel - BMO Alex Straton - Morgan Stanley Randal Konik - Jefferies Operator Good afternoon, everyone. Welcome to NIKE, Inc. Fiscal 2025 Third Quarter Conference Call.
Nike's fiscal 2025 third quarter results offered up a snapshot of just how biting the trade war and tariffs may be. They offered a snapshot of waning consumer demand.
The headline numbers for Nike (NKE) give insight into how the company performed in the quarter ended February 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
While Nike and Micron easily beat Estimates, FedEx was mixed for the quarter.
Nike (NKE) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.98 per share a year ago.