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Nike Stock Hits 52-Week Low As Analyst Warns Bullish Turnaround 'Will Take Time'
Friday, March 21, 2025 - 12:07pm | 799Nike Inc (NYSE:NKE) analysts provide a cautious tone for the apparel company's turnaround and short-term growth after the company's third-quarter financial results. The Nike Analysts: Stifel analyst Jim Duffy maintained a Hold rating on Nike with a $75 price target. Goldman Sachs analyst Brooke...
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Lululemon 'Fresh And Unique,' Shows Promise Thanks To China Opportunity, Growth Push Say Analysts
Monday, October 14, 2024 - 12:04pm | 736Analysts see China as one of the biggest opportunities for apparel company Lululemon Athletica Inc (NASDAQ:LULU). With international sales hitting 50% of total revenue in the coming years, a stimulus in China could offer a potential catalyst to offset macroeconomic concerns. The Lululemon Athletica...
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Nike Stock Takes Hit After Q1 Earnings: Analysts Expect Comeback To Take Time With 'Uncertain Path'
Wednesday, October 2, 2024 - 11:29am | 902Nike Inc's (NYSE:NKE) first-quarter financial results showed that a turnaround by incoming CEO Elliot Hill could take longer than expected and come with increasing challenges, according to analysts. The Nike Analysts: RBC Capital analyst Piral Dadhania maintained a Sector Perform rating and...
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Lowe's Set For 'Delayed Benefits' From Macro Demand Improvements, Says Optimistic Analyst
Tuesday, September 24, 2024 - 11:58am | 329Last month, Lowe’s Companies Inc (NYSE:LOW) reported mixed results for its fiscal second quarter. According to Oppenheimer, the Federal Reserve's previous easing cycles suggest that demand in the home improvement sector tends to improve, though there is a "potentially substantial lag."...
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Dick's Sporting Goods Delivers Q2 Beat, Analysts Deem Stock Weakness A 'Buying Opportunity'
Thursday, September 5, 2024 - 1:10pm | 566Dick’s Sporting Goods Inc (NYSE:DKS) shares dropped in early trading on Thursday as the retailer reported fiscal second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Bank of America Securities analyst Robert Ohmes...
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Carvana Drives Profitability With Stronger Unit Sales In 'Another Sterling Quarter,' 4 Analysts Are Optimistic
Thursday, August 1, 2024 - 12:39pm | 614Shares of Carvana Co (NYSE:CVNA) climbed in early trading on Thursday, after the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler analyst Alexander Potter reiterated a Neutral rating, while...
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Nike Struggles With Several Headwinds, But Trades At Multiples 'Last Achieved In 2017': Analyst
Friday, June 21, 2024 - 12:23pm | 261Shares of Nike Inc (NYSE:NKE) have been on an upward trajectory over the past week, exceeding market returns. While challenges persist at Nike, its stock already reflects the pressure on the company's sales growth and profit expansion over the past several quarters, according to Oppenheimer...
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Under Armour's Turnaround May Take Time; Investors Should Wait For 'Clearer Signals,' Says Analyst
Thursday, May 23, 2024 - 12:25pm | 280Under Armour Inc (NYSE:UAA) last week reported a revenue decline for the fourth quarter and received a downgrade from JPMorgan. Positive change at the company could take time and investors should remain on the sidelines until there are "clearer signals of improving fundamental momentum," according...
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Oppenheimer Analyst Downgrades AutoZone And This Stock With 'Tide Turning For Auto Parts'
Friday, October 6, 2023 - 12:14pm | 335While O'Reilly Automotive Inc (NASDAQ: ORLY) is preparing to report results later this month, AutoZone Inc (NYSE: AZO) had various analysts revising their forecasts after its fourth-quarter print. COVID-19 pandemic-related tailwinds for auto part retail could continue to fade, lowering...
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Has Nike Stock Bottomed? Analysts Explore Q1 Print, Outlook, Back-To-School Trends
Friday, September 29, 2023 - 10:44am | 598Nike Inc (NYSE: NKE) reported upbeat first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways: Goldman Sachs analyst Kate McShane maintained a Buy rating and price of $136. Telsey Advisory Group analyst Cristina Fernández reiterated an...
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Nike Shares Are Down 22% This Year: Why 2 Analysts Are Going Long
Thursday, September 21, 2023 - 2:41pm | 439Nike Inc (NYSE:NKE) is set to release its first-quarter earnings for fiscal year 2024 on Sept. 28 after the market closes, with Wall Street expecting earnings of 74 cents per share on revenues of $12.99 billion. With shares down nearly 22% this year, two analysts are highlighting the prospective...
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Why These 6 Peloton Interactive Analysts Were Not Impressed With Q4 Print
Thursday, August 24, 2023 - 12:34pm | 840Shares of Peloton Interactive Inc (NASDAQ: PTON) continued to rise in early trading on Thursday, after rallying ahead of Nvidia Corp’s (NASDAQ: NVDA) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Needham On Peloton...
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Dick's Sporting Goods Shocks Investors — 4 Analysts Slash Forecasts
Wednesday, August 23, 2023 - 11:38am | 588Shares of Dick's Sporting Goods Inc (NYSE: DKS) tanked in early trading on Wednesday, after the company slashed its guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Stifel On Dick's Sporting Goods Analyst Jim...
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Home Depot May Be Setting Itself Up To Nail Future Estimates: Analyst Says Home Improvement Retailer 'Knows How To Manage Expectations'
Tuesday, August 15, 2023 - 4:32pm | 566Home Depot Inc (NYSE: HD) beat earnings estimates for the first time in three quarters Tuesday morning, but sales slipped on a year-over-year basis as customers held off on big-ticket purchases. What Happened: Home Depot said second-quarter revenue decreased 2% year-over-year to $42.92 billion...
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3 Carvana Analysts Tackle Online Auto Retailer's Q2 Earnings, Debt Restructuring, EBITDA
Thursday, July 20, 2023 - 11:49am | 453Carvana Co (NYSE:CVNA) shares skyrocketed nearly 50% this week after the company issued its second-quarter earnings report, despite reporting a decline in sales. Investors and analysts are responding positively to better-than-expected metrics, debt restructuring and the prospect of positive...