This year's mass layoffs, Nike's failed leadership, and a very slow turnaround—even after the change at the helm—point to problems running deeper than initially thought. The earnings call is coming, and everyone is adjusting their expectations... — read more
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
https://fortune.com/2024/09/20/nike-stock-elliott-hill-ceo/
Even with all the troubles, Nike is recommended buy by many
I guess investors trust Nike's Triple Double Strategy. I wouldn’t be in such a rush to invest in Nike, because I have no confidence in current leadership’s capacity to pull Nike out of the hole because they were the ones who pulled the company down... — read more
Adidas' loss is Nike's gain
I think this is the right time to buy Nike. Adidas sc--wed up and alienated everybody in one move. This gives Nike a chance to shine and that will probably be reflected in the stock price. I personally think this is the perfect moment to buy or... — read more
NKE is undervalued.
I can’t think of a single reason why a company like this wouldn't be wort over $100 per share. Do folks here agree with me? If not, please state your reasons?
How come the layoffs didn’t raise the stock price?
NIke conducted major layoffs of its workforce just last week. Usually a layoff wave bumps the stock price a little. That didn’t happen yet with Nike. Why? Is it possible to say that this is a good indication that this company and its stock is not... — read more
What's going on with Nike?
The stock is still holding at reasonable levels, but the results and growth are not where they should be and now I'm hearing about major layoffs. Should we be worried or should we take this as a proactive step to ensure future gains? Nike did well... — read more
I'm not comfortable cashing out over 100 dollars per share for a stock that is down 10% YTD.
I just don’t think buying NKE right now is a smart move.It;s a relatively expensive stock that lost 10% of its value during this year, and I can’t find a single indicator that points to the stock being on the rise again. There is a lot to lose and... — read more
The realistic value on NKE stock?
In your opinion, what is it? Is it closer to the $130 mark which was approximately its high point this year, or is it closer to $108 at which it sits today?
What are the main reasons Nike stock fell 11% YTD?
I know that the market is complicated these days and the economy is in a crazy place. Also I know a variety of reasons can be looked at to explain the drop. However I would like to get some opinions on what is the dominating reason why the stock is... — read more
Not good
Nike — Shares fell by more than 2% on news that the company may face more than $530 million in fines for misclassifying thousands of independent contractors, according to a report from The Guardian... — read more
Sell or not?
I bought NKE when it was sitting at $90 in late 2022. I am now in a profitable situation and want to sell. Many of my friends advised me to hold a little more, but to be perfectly honest I don’t see a lot more growth potential with NKE. The stock... — read more
Results were blowout
Nike delivered another strong quarter in Q3 and stock jumped in after topping earnings expectations. The company also addressed inventory issues. However, I'm not sure if Nike will be able to improve the inventory situation in the coming... — read more
Earnings report in a few days
This is when I decide if I want to continue supporting Nike or take my money elsewhere. I'm hoping that we'll be pleasantly surprised come Tuesday but something tells me that I'm just going to suffer another disappointment - and I've had one too many... — read more
I have faith in Nike
Most of the companies are in trouble right now due to the many issues out of their control - like supply chain issues, for example - so it's not surprising that Nike has hit some rough times as well. I have faith that within a year or two, Nike will... — read more
Is it time to buy?
Some advise that now is the right time to buy more shares but I'm not so sure. The company will soon announce financial results for Q1 and some predictions are bad due to inventory and other headwinds. Maybe it's better to wait and buy under 100.
What are the main valuation indicators we should look at when ana;lysing nike stock?
Obviously it is not the stock value itself given that the stock is down a great deal YTD. The stock has held a declining trend for a while now, yet people still talk about it as being a great buy. Which of the indicators are investors looking at most... — read more
I would stay away from Nike right now
The stock reached its peak in 2021 and is on a declining path. I understand the primary motive for people to buy Nike is the dividend but I imagine none of them want to lose a lot of money on the stock value itself. It is obvious that the declining... — read more
Has Nike reached its peak?
I certainly think so. At first sight, the company is doing well and continues to grow, and looks very healthy (in terms of business). Aside from those facts let’s keep in mind that this is an expensive stock to buy and that times have radically... — read more
So, so overvalued
Many say that NKE is a long term play for them and that it has made them a lot of money, that is, it is a stock that is bought and never sold. I still think I'll turn to some other stock. Does the $171 price point make any sense? It's too... — read more
Nike will be worth it
Nike is the quintessential buy and hold. To some people, it may not look that tempting but if you are patient you will see that this investment will pay off ten times over. Trust me, it's true. Don't reject the opportunity to invest in the... — read more
Dead money
I plan on selling everything I have. And I mean absolutely everything. Is there anyone else who would most rather do this? It was not a good investment for me at all. Nike was just dead money for me and now I’m looking for something new. Maybe Adidas... — read more