NIKE downgraded by Telsey Advisory Group with a new price target
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Telsey Advisory Group downgraded NIKE from Outperform to Market Perform and set a new price target of $80.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/20/2024 | $80.00 | Outperform → Market Perform | Telsey Advisory Group |
| 12/16/2024 | $95.00 → $92.00 | Overweight | Wells Fargo |
| 12/16/2024 | $96.00 → $93.00 | Outperform | Telsey Advisory Group |
| 11/22/2024 | $84.00 | Buy | Needham |
| 10/10/2024 | $83.00 → $97.00 | Hold → Buy | Truist |
| 10/2/2024 | $100.00 → $96.00 | Outperform | Telsey Advisory Group |
| 8/23/2024 | $80.00 | Neutral | Piper Sandler |
| 7/2/2024 | $100.00 → $75.00 | Sector Perform | RBC Capital Mkts |
Telsey Advisory Group downgraded NIKE from Outperform to Market Perform and set a new price target of $80.00
Wells Fargo reiterated coverage of NIKE with a rating of Overweight and set a new price target of $92.00 from $95.00 previously
Telsey Advisory Group reiterated coverage of NIKE with a rating of Outperform and set a new price target of $93.00 from $96.00 previously
NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its second quarter ended November 30, 2024. Second quarter revenues were $12.4 billion, down 8 percent on a reported basis compared to the prior year and down 9 percent on a currency-neutral basis* NIKE Direct revenues were $5.0 billion, down 13 percent on a reported basis and down 14 percent on a currency-neutral basis Wholesale revenues were $6.9 billion, down 3 percent on a reported basis and down 4 percent on a currency-neutral basis Gross margin decreased 100 basis points to 43.6 percent Diluted earnings per share was $0.78 "After an energizing 60 days of being back with my NIKE teammates, our clea
Renewed partnership to emphasize global expansion, player safety and youth football initiatives NIKE, Inc. (NYSE:NKE) and the National Football League (NFL) today announced a landmark 10-year partnership extension, cementing their commitment to shaping the future of football and driving growth, innovation, and progress across the sport. Building on 12 years of successful collaboration as the exclusive provider of uniforms and sideline, practice and baselayer apparel for all 32 NFL teams, Nike is poised to elevate its partnership to new heights. With a relentless pursuit of innovation and a deep understanding of the unique needs of NFL players, Nike will deliver cutting-edge, high-perfo
NetworkNewsWire Editorial Coverage NEW YORK, Dec. 10, 2024 /PRNewswire/ -- The sports industry is undergoing significant transformation, driven by shifts in ownership models, global branding strategies, and increasing investment in community-focused initiatives. Multi-club ownership, a rising trend in professional football (soccer), is gaining attention as organizations seek to optimize resources, develop talent, and expand market reach. Simultaneously, major players in sportswear and event management are realigning priorities to capture evolving consumer demands and enhance operational efficiency. These dynamics are creating opportunities for companies across the sector, from football clubs
4 - NIKE, Inc. (0000320187) (Issuer)
4 - NIKE, Inc. (0000320187) (Issuer)
SC 13G/A - NIKE, Inc. (0000320187) (Subject)
SC 13G/A - NIKE, Inc. (0000320187) (Subject)
8-K - NIKE, Inc. (0000320187) (Filer)
11-K - NIKE, Inc. (0000320187) (Filer)
8-K - NIKE, Inc. (0000320187) (Filer)
NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its second quarter ended November 30, 2024. Second quarter revenues were $12.4 billion, down 8 percent on a reported basis compared to the prior year and down 9 percent on a currency-neutral basis* NIKE Direct revenues were $5.0 billion, down 13 percent on a reported basis and down 14 percent on a currency-neutral basis Wholesale revenues were $6.9 billion, down 3 percent on a reported basis and down 4 percent on a currency-neutral basis Gross margin decreased 100 basis points to 43.6 percent Diluted earnings per share was $0.78 "After an energizing 60 days of being back with my NIKE teammates, our clea
NIKE, Inc. (NYSE:NKE) plans to release its second quarter fiscal 2025 financial results on Thursday, December 19, 2024, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc. management will host a conference call beginning at 2:00 p.m. PT to review results. The conference call will be broadcast live over the Internet and can be accessed at https://investors.nike.com/. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, January 10, 2025. About NIKE, Inc. NIKE, Inc., headquartered in Beaverton, Oregon, is the world's leading designer,
NIKE, Inc. (NYSE:NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding Class A and Class B Common Stock payable on January 2, 2025, to shareholders of record at the close of business on December 2, 2024. This represents an increase of 8 percent versus the prior quarterly dividend rate of $0.37 per share. Today's announcement marks the 23rd consecutive year that Nike has increased its quarterly dividend. About NIKE, Inc. NIKE, Inc., headquartered near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide var
4 - NIKE, Inc. (0000320187) (Issuer)
3 - NIKE, Inc. (0000320187) (Issuer)
4 - NIKE, Inc. (0000320187) (Issuer)
Monique Matheson, NIKE's long-tenured Chief HR Officer, will retire after 26 years with the company NIKE, Inc. (NYSE:NKE) today announced a change to its Senior Leadership Team (SLT). Treasure Heinle, Chief Talent Officer, will become the company's new Executive Vice President and Chief Human Resources Officer (CHRO). In her new role, Heinle will be responsible for leading the global HR function and managing NIKE's People vision and strategy. She succeeds Monique Matheson who has decided to retire from NIKE after 26 years with the company. This leadership change is effective January 6, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/
John Slusher, NIKE's long-tenured Sports Marketing EVP, will retire after 26 years with the company NIKE, Inc. (NYSE:NKE) today announced changes in its Senior Leadership Team (SLT), positioning the company for continued growth and success with a focus on putting sport and athletes at the forefront and driving speed and efficiency. Ann Miller, an accomplished leader with nearly 18 years of experience at NIKE, and currently Executive Vice President, Chief Legal Officer, will assume the role of Executive Vice President, Global Sports Marketing. Miller succeeds John Slusher, who will retire from NIKE later this year after 26 years with the company. "Ann possesses a unique blend of athlete m
Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.