Nike, Inc (NYSE: NKE) Loses -36.17% From High. Why That Could Change?

Currently, there are 1.18B common shares owned by the public and among those 1.16B shares have been available to trade.

The company’s stock has a 5-day price change of 9.12% and -11.78% over the past three months. NKE shares are trading -17.30% year to date (YTD), with the 12-month market performance down to -33.13% lower. It has a 12-month low price of $52.28 and touched a high of $98.04 over the same period. NKE has an average intraday trading volume of 19.69 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.25%, -1.46%, and -15.88% respectively.

Institutional ownership of Nike, Inc (NYSE: NKE) shares accounts for 67.15% of the company’s 1.18B shares outstanding.

It has a market capitalization of $92.37B and a beta (3y monthly) value of 1.21. The stock’s trailing 12-month PE ratio is 20.82, while the earnings-per-share (ttm) stands at $3.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.24% over the week and 2.91% over the month.

Earnings per share for the fiscal year are expected to decrease by -46.10%, and -8.79% over the next financial year. EPS should shrink at an annualized rate of -13.02% over the next five years, compared to 8.40% over the past 5-year period.

Looking at the support for the NKE, a number of firms have released research notes about the stock. Telsey Advisory Group stated their Market Perform rating for the stock in a research note on May 06, 2025, with the firm’s price target at $80-$70. Wells Fargo coverage for the Nike, Inc (NKE) stock in a research note released on April 30, 2025 offered a Equal Weight rating with a price target of $55. Berenberg was of a view on April 15, 2025 that the stock is Hold, while Needham gave the stock Buy rating on March 21, 2025, issuing a price target of $80- $75. China Renaissance on their part issued Hold rating on March 19, 2025.

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