Professional
Added to YB: 2025-06-26
Pitch date: 2025-06-24
NKE [bullish]
NIKE, Inc.
+11.58%
current return
Author Info
No bio for this author
Company Info
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America.
Market Cap
$99.7B
Pitch Price
$60.74
Price Target
115.00 (+70%)
Dividend
2.43%
EV/EBITDA
19.28
P/E
34.64
EV/Sales
2.20
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Jefferies Reaffirms $115 Price Target on Nike
NKE Buy: Jefferies PT $115 despite painful F'4Q (rev down teens, GM -400-500bps, EBIT -1,050bps, EPS -85% YoY). Bull case: 1) Foot traffic up 4.1% May vs 0.5% March 2) Strong Vomero/Pegasus running styles 3) Counter-cyclical -2% inventory 4) Wholesale reset w/ DKS, ASO, Amazon 5) New leadership team under Hill
Read full article (2 min)