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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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Nike CEO Announcement 'Icing On The Cake' For Bulls: 8 Analysts React To Elliot Hill's Ascension
Friday, September 20, 2024 - 2:54pm | 1141The announcement that Nike Inc (NYSE:NKE) is bringing in Elliot Hill as the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company’s strategy for a turnaround and plans to return to revenue growth. The Nike Analysts: Piper...
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Nike Analysts Sour On Retailer's Short-Term Prospects Following Poor Outlook: 'No Quick Rebound'
Friday, June 28, 2024 - 1:30pm | 989Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...
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Nike Shares Tank After Q2 Earnings: 'Reduced Guidance Implies Ongoing Uncertainty'
Friday, December 22, 2023 - 1:16pm | 761Nike Inc (NYSE: NKE) shares are tanking Friday after the company reported softer-than-expected revenue guidance for its fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the Nike earnings report. Goldman Sachs On Nike...
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Nike Q2 Earnings Preview: Analyst Estimates, Crucial Metrics, And Sports' Role In 2024 Growth
Wednesday, December 20, 2023 - 4:58pm | 801Apparel and sportswear company Nike Inc (NYSE:NKE) will report second quarter financial results after market close Thursday. Here's a look at the key earnings estimates, what analysts are saying and items for investors to watch. Earnings Estimates: Nike is expected to report second quarter revenue...
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What 4 Nike Analyst Think Of The Q4 Print After Earnings Miss
Friday, June 30, 2023 - 11:09am | 497Shares of Nike Inc (NYSE: NKE) continued to decline in early trading on Friday, after the company reported a rare earnings miss for its fiscal fourth quarter. Here’s a look at some key analyst takeaways. Wedbush On Nike Analyst Tom Nikic maintained an Outperform rating while raising the price...
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9 Nike Analysts On Q2 Earnings Beat, Improving Inventory Trends, China: 'Decidedly Upbeat'
Wednesday, December 21, 2022 - 12:58pm | 898Nike Inc (NYSE: NKE) shares rallied Wednesday morning after the company reported shrinking margins but said inventory levels have improved slightly on a quarterly basis. Nike reported fiscal second-quarter adjusted EPS of 85 cents on revenue of $13.32 billion. Both numbers missed consensus analyst...
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'Just Don't Do It': Analysts Slash Nike Price Targets Citing Inventory, China Concerns
Friday, September 30, 2022 - 10:57am | 648Footwear and apparel company Nike Inc. (NYSE: NKE) beat Street estimates for revenue and earnings per share in the first quarter, but saw shares fall sharply Thursday after market close. Investors and analysts now have some major concerns after the latest report. The Nike Analysts Morgan Stanley...
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Why This Nike Analyst Says Retailer Can 'Remain One Step Ahead'
Thursday, September 22, 2022 - 12:12pm | 230Nike Inc (NYSE: NKE) is the leader in sportswear and its digital business is likely to drive future growth, according to RBC Capital Markets. The Nike Analyst: Piral Dadhania initiated coverage of Nike with an Outperform rating and a price target of $125. The Nike Thesis: China’s economic...