How high will Nike stock go? (2024)

How high will Nike stock go?

Nike Stock Forecast

Where will Nike stock be in 5 years?

NIKE stock price stood at $93.39

According to the latest long-term forecast, NIKE price will hit $100 by the end of 2024 and then $110 by the middle of 2026. NIKE will rise to $125 within the year of 2027, $150 in 2029 and $200 in 2035.

What will Nike stock be worth in 2030?

According to our Nike stock prediction for 2030, NKE stock will be priced at $ 178.53 in 2030. This forecast is based on the stock's average growth over the past 10 years.

What's the highest Nike stock price ever?

What is Nike stock price projection for 2024?

Nike Stock 2024 Forecast

Nike stock trades close to its Street-low target price of $104, while the Street-high target price of $150 represents implied upside of 42%. After Nike's fiscal Q2 earnings in December, CFRA and Cowen downgraded the stock by one notch to “Sell” and “Market Perform,” respectively.

Is Nike stock worth buying?

The highest analyst price target is $130.00 ,the lowest forecast is $81.00. The average price target represents 19.09% Increase from the current price of $93.98. What do analysts say about Nike? Nike's analyst rating consensus is a Moderate Buy.

Is Nike a good buy now?

Nike finds support from accumulated volume at $92.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This stock has average movements during the day and with good trading volume, the risk is considered to be medium.

Is Nike stock expected to rise?

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Nike stock have an average target of 116.34, with a low estimate of 85 and a high estimate of 136. The average target predicts an increase of 23.49% from the current stock price of 94.21.

Who is the largest shareholder of Nike?

The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc. (BLK). Below, we take a closer look at the top six shareholders of Nike.

Does Nike have a future?

The future looks bright for Nike. With profit margins expanding, a tailwind coming from the end of the pandemic, and a clear leadership position in its industry, the stock should continue to be a winner over the next five years.

Is Nike stock Overvalued?

Presently, Nike (NKE, Financial) is considered modestly undervalued, with the potential for its long-term stock return to surpass its business growth. Link: These companies may deliver higher future returns at reduced risk.

How much was 500 shares of Nike stock in 1983?

Nike stock closed at 25 cents per share on Sept. 15, 1983 (shorturl.at/bgFK4), making the value of 500 shares on that day approximately $125. Davidson told Rovell in 2016, “I haven't cashed in a single share of the original stock, but the shares have split a bunch of times and I have sold some of that stock.”

How many times has Nike stock split?

Nike went public with a price of $23 per share, and the company has had 7 stock splits since then as follows: 2-for-1 on the 7^th of January 1983; 8^th of October 1990; 31^st of October 1995; 2-for-1 on the 24^th of October 1996; 2-for-1 on the 3^rd of April 1997; 2-for-1 on the 26^th December 2012; and 2-for-1 on the 24^th ...

Will Nike stock recover?

Just about 60% of the 38 analysts tracked by FactSet are bullish on Nike, with an average price target of $118.92, nearly 20% above where the shares trade as of Thursday's close. Shares have yet to recover from the hit they took in December, and have dipped about 7% in 2024.

What is Nike future predictions?

NIKE is forecast to grow earnings and revenue by 9.2% and 3.9% per annum respectively. EPS is expected to grow by 10.5% per annum. Return on equity is forecast to be 52.5% in 3 years.

How will Nike be in the future?

The sports giant is now expecting 2023 revenue to hit over $50 billion, Chief Financial Officer Matt Friend said on a call with analysts. As with previous years, Nike is honing in on digital and DTC. The company is expecting to reach 50% digital — through its own channels and its partners — by 2025 (from 35% now).

Why is Nike stock so low?

Shares of athletic apparel brand Nike (NYSE:NKE) fell 8.7% in the morning session after the company reported Q3'2024 results and provided underwhelming guidance for the full year. Full-year revenue is expected to grow approximately 1%, showing little improvement from the guidance provided in the previous quarter.

Why has Nike stock dropped so much?

Nike's sales have flatlined, and profits took a hit in the most recent quarter. Management expects ongoing sluggish results even though profits are expected to bounce back.

Who would buy Nike brand?

Nike sneakers resonate more with younger generations

Popularity of the brand skews younger, with Gen Z and Millennials expressing the highest favorability. Ownership of Nike sneakers is also highest among these younger consumers.

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Is Nike a dividend stock?

How much is Nike's dividend? NKE pays a dividend of $0.37 per share. NKE's annual dividend yield is 1.48%. When is Nike ex-dividend date?

Is Apple a good buy now?

The highest analyst price target is $250.00 ,the lowest forecast is $158.00. The average price target represents 16.30% Increase from the current price of $172.86. What do analysts say about Apple? Apple's analyst rating consensus is a Moderate Buy.

How high is Apple stock expected to go?

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.93, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 22.93% from the current stock price of 166.70.

Is Disney a buy or sell?

Walt Disney has 8.67% upside potential, based on the analysts' average price target. Is DIS a Buy, Sell or Hold? Walt Disney has a conensus rating of Strong Buy which is based on 22 buy ratings, 3 hold ratings and 1 sell ratings.

Is Lululemon a good stock to buy?

Lululemon Athletica has 35.33% upside potential, based on the analysts' average price target. Is LULU a Buy, Sell or Hold? Lululemon Athletica has a conensus rating of Moderate Buy which is based on 17 buy ratings, 3 hold ratings and 2 sell ratings.