Antwort How high will Nike stock go? Weitere Antworten – 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 22.59% from the current stock price of 94.90.Long-Term Nike Stock Price Predictions
| Year | Prediction | Change |
|---|---|---|
| 2027 | $ 131.90 | 39.36% |
| 2028 | $ 147.33 | 55.67% |
| 2029 | $ 164.56 | 73.88% |
| 2030 | $ 183.82 | 94.22% |
Is Nike stock a Buy, Sell or Hold Nike stock has received a consensus rating of buy. The average rating score is and is based on 84 buy ratings, 12 hold ratings, and 1 sell ratings.
What is the risk level of Nike stock : "The Risk Score is a relevant measure for the assessment of a stock attractiveness. NIKE Inc. shows a Risk Score of 8.00.
Is Nike a buy or sell
The Nike stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Does Nike have a future : Its performance has convinced investors that Nike is gaining market share during the pandemic and will emerge from the crisis in a stronger position than its competitors. Those factors, especially its strength in the digital channel, also bode well for the company's competitive position five years from now.
While the company's stock could likely be pressured in the short term, the company's long-term prospects look good. Nike's revenue for the first six months of fiscal 2024 grew only 1% year-over-year (y-o-y) to nearly $26 billion, but its earnings per share rose a solid 11% y-o-y to $1.97.
Nike's analyst rating consensus is a Moderate Buy. This is based on the ratings of 29 Wall Streets Analysts.
Is Nike buy or sell
NIKE has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 20 buy ratings, 9 hold ratings, and 2 sell ratings.The average price target for Nike is $111.92. This is based on 29 Wall Streets Analysts 12-month price targets, issued in the past 3 months. 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.NIKE stock price stood at $94.64
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.
$142.84 B
End of year Market Cap
| Year | Market cap | Change |
|---|---|---|
| 2024 | $142.84 B | -13.55% |
| 2023 | $165.23 B | -9.74% |
| 2022 | $183.07 B | -30.54% |
| 2021 | $263.55 B | 18.17% |
Where will Nike be in 5 years : NIKE stock price stood at $94.19
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 is Nike future predictions : NIKE is forecast to grow earnings and revenue by 9.1% and 3.9% per annum respectively. EPS is expected to grow by 10.4% per annum. Return on equity is forecast to be 52.5% in 3 years.
Is Nike a good investment for 2024
Investors should brace for continued soft sales trends in 2024. On the plus side, Nike's profit margin has been improving. Inventory levels are also coming down — a good sign.
Investors are uninspired by the company's stalling sales. Shares of global athletic apparel company Nike (NKE -1.26%) dropped on Friday after the company dropped financial results for its fiscal third quarter of 2024. The company's results fell short of management's previous outlook.Nike Stock 2024 Forecast
Wall Street analysts rate Nike stock as a “Moderate Buy.” Of the 28 analysts covering the stock, 16 rate it as a “Strong Buy,” while 3 call it a “Moderate Buy.” Eight analysts rate NKE as a “Hold,” while 1 analyst has given it a “Strong Sell” rating.
Why is Nike a bad stock to invest in : Shares declined 7% in 2023, in fact, to make the footwear giant one of the worst-performing members of the Dow Jones Industrial Average. There were some good reasons for the slump, as Nike is struggling with weak demand trends and a heavily promotional selling environment.