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. |
| Symbol | NKE |
| Industry | Footwear & Accessories |
| Founded | 1964 |
| Country | United States |
| Headquarters | One Bowerman Dr, Beaverton, Oregon 97005-6453, United States |
| Services | Design, development, marketing, and sales of athletic footwear, apparel, equipment, accessories, and services worldwide |
| Locations | Global presence |
| Website | nike.com |
| Profile | Nike_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 cap | 153.27B |
| Enterprise value | $154,837,942,272.00 |
| Price / Book | 10.69 |
| Book value | $9.33 |
| Quick ratio | 1.64 |
| Current ratio | 2.74 |
| P/E ratio | 29.06 |
| Debt / Equity | 86.08 |
| Price / Sales | 2.93 |
| Total cash | 9.93B |
| Total debt | 12.18B |
| Total revenue | 51.54B |
| Free cashflow | 5.62B |
| Profit margin | 10.28% |
| Gross margin | 43.96% |
| Operating margin | 13.63% |
| Earnings per share | $3.43 |
| Return on equity | 36.03% |
| Forward annual dividend rate | $1.48 |
| Forward annual dividend yield | 1.47% |
| Ex-Dividend date | December 1, 2023 |
| % Held by insiders | 1.42% |
| % Held by Institutions | 83.46% |
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.
| Year | Average Stock Price | Year Open | Year High | Year Low | Year Close | Annual % 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 | $162.8355 | 18.70% |
| 2020 | $102.7852 | $98.1772 | $139.6579 | $60.4934 | $137.1851 | 40.96% |
| 2019 | $82.8616 | $70.3957 | $97.5720 | $69.1505 | $97.3222 | 38.10% |
| 2018 | $68.9314 | $59.6807 | $81.0797 | $58.7407 | $70.4717 | 19.86% |
| 2017 | $51.9905 | $48.2166 | $60.9215 | $47.6212 | $58.7971 | 24.70% |
| 2016 | $51.8169 | $56.3961 | $59.6494 | $45.8644 | $47.1498 | -17.71% |
| 2015 | $50.2772 | $43.0997 | $61.4216 | $41.3490 | $57.2944 | 31.39% |
| 2014 | $36.4525 | $35.0568 | $44.9201 | $31.5933 | $43.6076 | 23.76% |
| 2013 | $28.8384 | $22.9128 | 35.6704 | 22.9128 | 35.2360 | 54.50% |
| 2012 | $22.1142 | $21.0852 | $24.9989 | $19.2457 | $22.8068 | 8.66% |
| 2011 | $18.7431 | $18.4785 | $21.2943 | $16.2506 | $20.9893 | 14.48% |
| 2010 | $15.8845 | $13.8199 | $19.8114 | $12.9634 | $18.3347 | 31.22% |
| 2009 | $11.4823 | $11.0055 | $14.0018 | $8.0501 | $13.9722 | 32.08% |
| 2008 | $12.3418 | $12.9199 | $14.4085 | $9.0021 | $10.5782 | -19.35% |
| 2007 | $11.4759 | $9.8343 | $13.6549 | $9.5856 | $13.1159 | 31.54% |
| 2006 | $8.5186 | $8.5248 | $10.0981 | $7.6144 | $9.9713 | 15.84% |
| 2005 | $8.2726 | $8.8825 | $9.0693 | $7.4514 | $8.6081 | -3.09% |
| 2004 | $7.3876 | $6.5496 | $8.9814 | $6.4156 | $8.8825 | 33.94% |
Nike Expected Share Price Target:
| Year | Minimum Target ($) | 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.
| Year | Target 1 | Target 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.
| Year | Target 1 | Target 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.
| Year | Target 1 | Target 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.
| Year | Target 1 | Target 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.
| Year | Target 1 | Target 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.
Disclaimer: Dear people, we would like to inform you that the share price target for Nike is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
