Trades at $77 After Q4 Beat, Eyes $90+ Targets
Nike (NYSE:NKE) Stock Analysis – Restructuring, Profit Collapse, and Analyst Price Targets
Nike’s Current Trading Landscape
Nike (NYSE:NKE) is trading at $77.37, roughly 15% below its 52-week high of $90.62, as the company grapples with restructuring under new CEO Elliott Hill. Market capitalization stands at $109.1 billion, with a trailing P/E ratio of 34.2, stretched against a backdrop of shrinking profits. Shares spiked 15% after Q4 earnings modestly outperformed lowered Wall Street expectations, but the broader trend since early 2025 has been downward, reflecting investor caution on earnings sustainability.
Earnings Show Deep Contraction Despite Beat
Nike’s Q4 revenue came in at $11.1 billion, down 12% year-over-year, while…
