21-Feb-2025
NIKE, Inc. Announces Third Quarter Fiscal 2025 Earnings and Conference Call
Business Wire (Thu, 20-Feb 5:15 PM ET)
Adidas cozies up to Amazon by joining the Buy with Prime service
Seeking Alpha News (Thu, 20-Feb 10:14 AM ET)
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 19TH + NIKE ANNOUNCES COLLABORATION WITH SKIMS
PRNewswire (Wed, 19-Feb 8:55 AM ET)
Nike (NKE) Receives a Hold from Telsey Advisory
TipRanks (Wed, 19-Feb 8:46 AM ET)
Truist Financial Remains a Buy on Nike (NKE)
TipRanks (Wed, 19-Feb 7:26 AM ET)
Nike rallies after picking Kim Kardashian as its first-ever partner for a new brand
Seeking Alpha News (Tue, 18-Feb 1:10 PM ET)
Nike (NKE) Jumps after Launching NikeSKIMS with Kim Kardashian
TipRanks (Tue, 18-Feb 11:58 AM ET)
Nike and SKIMS Launch New Brand, NikeSKIMS, Designed to Sculpt; Engineered to Perform
PRNewswire (Tue, 18-Feb 9:59 AM ET)
Nike partners with Kim Kardashian's SKIMS for new collection
Seeking Alpha News (Tue, 18-Feb 8:54 AM ET)
Benzinga (Tue, 18-Feb 7:57 AM ET)
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
Nike trades on the NYSE stock market under the symbol NKE.
As of February 21, 2025, NKE stock price declined to $76.50 with 11,547,185 million shares trading.
NKE has a market cap of $113.15 billion. This is considered a Large Cap stock.
Last quarter Nike reported $12 billion in Revenue and $.78 earnings per share. This beat revenue expectation by $221 million and exceeded earnings estimates by $.13.
In the last 3 years, NKE traded as high as $141.64 and as low as $68.62.
The top ETF exchange traded funds that NKE belongs to (by Net Assets): VTI, VOO, SPY, IVV, QUAL.
NKE has underperformed the market in the last year with a return of -25.9%, while SPY returned +22.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NKE shares. However, NKE has outperformed the market in the last 3 month and 2 week periods, returning +2.4% and +11.4%, while SPY returned +1.4% and -0.1%, respectively. This indicates NKE has been having a stronger performance recently.
NKE support price is $75.51 and resistance is $78.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NKE shares will trade within this expected range on the day.