NIKE Stock Buy or Sell? NKE Stocks Forecast

Market Capitalization: 160 042 123 000 $
EBITDA: 6 812 000 000 $
Price to Earnings: 30.8
Quarterly Earnings Growth YOY: 0.212
Quarterly Revenue Growth YOY: 0.005
Trailing PE: 30.8
Forward PE: 25.84
Shares Outstanding: 1217220000

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NIKE Stock Buy or Sell? NKE Stocks Analytic Forecasts

Updated on February 27, 2024 (10:19)

We present you the most up-to-date and complete review of analytical trend forecasts and views on the NKE stock market. Experts share their opinions on what to expect from the NIKE, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell NIKE stocks.

NIKE, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy NKE Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Leo Nelissen and is titled

“Coiled Spring Potential – Why I’m Starting To Like Nike As A Dividend Stock”

is published on February 12 (2024) and has 1 likes. The review predicts Bullish market trend.

It summarize the following theses:

  • Nike is a highly successful company with a market cap of $160 billion and a strong track record of returns.
  • The company’s commitment to innovation, brand recognition, and efficient operations contributes to its success.
  • Despite challenges such as subdued consumer sentiment and elevated inflation, Nike has demonstrated resilience and adaptability in its financial performance.

The author starts his analytic review with the following:

Introduction It’s time to discuss a company I have never discussed before. That company is NIKE, Inc. (NYSE:NKE).

This author is very popular among the auditory. He has 30070 followers

Leo Nelissen is the contributor of experts community since 2015 and has a great number of published articles – 2543.

One more noteworthy article is written by Khen Elazar under the title

“Nike Is Running Well, But Its Valuation Is A Hurdle”

on February 10 (2024) and has 0 likes. The expert reflects Neutral trend of the market.

Нis theses make you think about whether to add NKE stocks to your investment portfolio or not, and helps to work out your own NIKE stock selling strategies:

  • Nike is a leading entity in the consumer discretionary sector, but it is currently overvalued.
  • The company has seen impressive revenue and EPS growth over the past decade, driven by innovation and cost efficiencies.
  • Nike has opportunities for growth through its digital platform, expansion into emerging markets, and focus on innovation and sustainability.

Khen Elazar starts analysis with such words:

Introduction The consumer discretionary sector represents a dynamic and evolving landscape, captivating investors and consumers alike with its volatility and the need for adaptability due to the fluctuating economic environment. Many companies in the sector thrive on innovation and brand loyalty, which are particularly significant nowadays. While the segment is volatile, companies that blend cutting-edge technology with sublime execution emerge as leaders and should be considered even during the down cycle, as they have the potential to deliver long-term value. These companies may be compelling investments despite the inherent volatility associated with consumer discretionary spending.

The opinion of the author can be considered quite authoritative.
The number of 9160 followers confirms this.
Khen Elazar is the contributor of experts community since 2015. Has already published at least 510 articles.

Another analysis presented by Financial Odyssey came out on January 27 (2024). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for NKE stocks. It sounds like

“Nike: A Buy – But With An Asterisk”

Article has got 0 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the NIKE, Inc., the expert says the following:

  • Nike is the leading company in the athletic footwear and athletic apparel markets.
  • These markets are projected to grow up until at least 2029 – primarily driven by more women entering the space.
  • Nike has a proven business model and they are in a position to dominate for years to come.
  • The main risks are that Nike may suffer if they fail to innovate and keep up with competition, or that their attempt at cost efficiency to become more profitable over the next few years fails.
  • I’ve calculated the fair value of Nike’s share price to be approximately $105.45 and believe this company is currently slightly undervalued.

And here, what comes first:

Introduction Nike (NYSE:NKE) is one of those rare companies that upon hearing their name, almost everyone (no matter how much investing experience they have) can understand who they are, what they do and how exactly they make money. This is because of the formidable brand reputation they have built up over years of operating to become the largest seller of sports footwear/clothes in the world – and the business of selling clothes isn’t inherently hard to understand.

The author declares an interesting position, and the number of his followers is 102 and it grows, but not that weighty compared to other authors.
Financial Odyssey has 3 analytic reviews published.
The contributor of experts community since 2023

The Share Price of NIKE, Inc. (NKE) for now

What analysts predict: $112.67
52-week high/low: $127.4 / $88.36

50/200 Day Moving Average: $106.67 / $106.0

The average stock price over the previous 50/200 days. For NIKE stocks, the 50-day moving average is the resistance level for now. For NKE stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for NKE stock with charts and tables

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