Nike Stock Forecast & Price Target 2024, 2025, 2027, 2030 to 2035

Nike Stock Forecast: In this article, you will read about Nike Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.

By the end of this article, you may get an idea about Nike, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.

Nike Overview:

Nike, Inc. also known as the world’s largest supplier of athletic shoes, is an American footwear and apparel corporation. Nike was founded in the year 1964, January 25, as “Blue Ribbon Sports”, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. Nike headquarters are located at One Bowerman Dr, Beaverton, Oregon 97005-6453, United States. Nike is a major manufacturer of sports equipment, with US$46 billion in excess in its fiscal year 2022.

Nike services are Design, development, marketing, and sales of athletic footwear, apparel, equipment, accessories, and services worldwide. John Donahoe is President and Chief Executive Officer of NIKE, Inc. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike CR7, Foamposite, Nike Blazers, Nike+, Air Force 1, Air Max, Nike Dunk, Nike skateboarding, and also subsidiaries like Air Jordan, and Converse.

Name NIKE, Inc.
SymbolNKE
IndustryFootwear & Accessories
Founded1964
CountryUnited States
HeadquartersOne Bowerman Dr, Beaverton, Oregon 97005-6453, United States
ServicesDesign, development, marketing, and sales of athletic footwear, apparel, equipment, accessories, and services worldwide
LocationsGlobal presence
Websitenike.com
ProfileNike_Inc.

Fundamentals of Nike:

Nike is famous not only for its branding but also it sponsoring many high-profile athletes and sports teams around the world, with the highly recognized trademarks of “Just Do It” and the Swoosh logo. The market cap of Nike is 153.27B, From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Debt / Equity.

Market cap153.27B
Enterprise value$154,837,942,272.00
Price / Book10.69
Book value$9.33
Quick ratio1.64
Current ratio2.74
P/E ratio29.06
Debt / Equity86.08
Price / Sales2.93
Total cash9.93B
Total debt12.18B
Total revenue51.54B
Free cashflow5.62B
Profit margin10.28%
Gross margin43.96%
Operating margin13.63%
Earnings per share$3.43
Return on equity36.03%
Forward annual dividend rate$1.48
Forward annual dividend yield1.47%
Ex-Dividend dateDecember 1, 2023
% Held by insiders1.42%
% Held by Institutions83.46%

Nike Stock Price History:

Nike stock price history of the past 20 years with Annual Change:

  • All-time high NIKE stock closing price was 173.12 on November 05, 2021.
  • The average NIKE stock price for the last 52 weeks is 110.15.
  • NIKE 52-week high stock price is 128.68, which is 29.1% above the current share price.
  • NIKE 52-week low stock price is 88.66, which is 11.1% below the current share price.
YearAverage Stock PriceYear OpenYear HighYear LowYear CloseAnnual % Change
2023$111.6841$117.2715$127.8877$89.1294$108.5700-6.04%
2022$114.4455$160.8815$162.5620$81.8372$115.5532-29.04%
2021$146.5902$135.8566$173.1160$123.5116$162.835518.70%
2020$102.7852$98.1772$139.6579$60.4934$137.185140.96%
2019$82.8616$70.3957$97.5720$69.1505$97.322238.10%
2018$68.9314$59.6807$81.0797$58.7407$70.471719.86%
2017$51.9905$48.2166$60.9215$47.6212$58.797124.70%
2016$51.8169$56.3961$59.6494$45.8644$47.1498-17.71%
2015$50.2772$43.0997$61.4216$41.3490$57.294431.39%
2014$36.4525$35.0568$44.9201$31.5933$43.607623.76%
2013$28.8384$22.912835.670422.912835.236054.50%
2012$22.1142$21.0852$24.9989$19.2457$22.80688.66%
2011$18.7431$18.4785$21.2943$16.2506$20.989314.48%
2010$15.8845$13.8199$19.8114$12.9634$18.334731.22%
2009$11.4823$11.0055$14.0018$8.0501$13.972232.08%
2008$12.3418$12.9199$14.4085$9.0021$10.5782-19.35%
2007$11.4759$9.8343$13.6549$9.5856$13.115931.54%
2006$8.5186$8.5248$10.0981$7.6144$9.971315.84%
2005$8.2726$8.8825$9.0693$7.4514$8.6081-3.09%
2004$7.3876$6.5496$8.9814$6.4156$8.882533.94%

Nike Expected Share Price Target:

YearMinimum Target ($)Maximum Target ($)
2024$101$120
2025$115$140
2026$135$160
2027$155$185
2030$340$380
2035$500$530

Also consider reading: Share price targets.

Nike Stock Forecast 2024:

On the analysis we will get to know the Nike Stock price target by 2024, the minimum price range of $101, and the maximum share price of $120.  This range of amounts is based on the strategies of the company.

YearTarget 1Target 2
2024$101$120

Nike Stock Forecast 2025:

The expected minimum range of Nike share price target in 2025 is $115, and the maximum share price target is $140.

YearTarget 1Target 2
2025$115$140

Nike Stock Forecast 2027:

The expected minimum range of Nike Stock price target in 2027 is $155, and the maximum share price target is $185.

YearTarget 1Target 2
2027$155$185

Nike Stock Forecast 2030:

Looking ahead to 2030 the expected minimum price range for Nike shares is $340, and the maximum price range is $380.

YearTarget 1Target 2
2030$340$380

Nike Stock Forecast 2035:

By the year 2035, the expected minimum range of Nike Stock price is $500, and the maximum price range is $530.

YearTarget 1Target 2
2035$500$530

Conclusion:

I hope you got clarity on the Nike Stock Price Prediction from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.

FAQ

1. What is the Nike Stock Price Target for 2024?

A: The expected price target for Nike in 2024 is $101 to $120 per share.

2. What is the Nike Stock Price Target for 2025?

A: The expected price target for Nike in 2025 is $115 to $140 per share.

3. What is the Nike Stock Price Target for 2027?

A: The expected price target for Nike in 2027 is $155 to $185 per share.

4. What is the Nike Stock Price Target for 2030?

A: The expected price target for Nike in 2030 is $340 to $380 per share.

5. What is the Nike Stock Price Target for 2035?

A: The expected price target for Nike in 2035 is $500 to $530 per share.

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