Added to YB: 2025-03-25
Pitch date: 2025-03-22
NKE [neutral]
NIKE, Inc.
+0.21%
current return
Author Info
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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
$97.4B
Pitch Price
$67.33
Price Target
90.00 (+33%)
Dividend
2.49%
EV/EBITDA
18.83
P/E
33.81
EV/Sales
2.15
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Nike ($NKE) Benched: This one stay on the sidelines
NKE cautious/bearish: Q3 rev -9% YoY, China -17%. New CEO's "Win Now" strategy faces inventory, margin, competition issues. EPS to drop from $3.73 (FY24) to $1.90 (FY26). ROIC declining. Trading at 30x+ P/E vs 24x hist. avg. $66 price target. Tech analysis bearish. Competitors gaining share.
Read full article (5 min)