The price of Nike, Inc (NYSE:NKE) shares last traded on Wall Street rose 1.14% to $63.11.
NKE stock price is now 1.34% away from the 50-day moving average and -14.92% away from the 200-day moving average. The market capitalization of the company currently stands at $93.15B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target reduced from $80 to $70, Telsey Advisory Group maintained Market Perform rating for Nike, Inc (NYSE: NKE). On April 30, 2025, Wells Fargo Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $55, while ‘Berenberg’ rates the stock as ‘Hold’
In other news, PARKER MARK G, EXECUTIVE CHAIRMAN sold 152,976 shares of the company’s stock on May 14 ’25. The stock was sold for $9,492,161 at an average price of $62.05. Upon completion of the transaction, the EXECUTIVE CHAIRMAN now directly owns 842,361 shares in the company, valued at $53.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’25, Officer PARKER MARK G bought 152,976 shares of the business’s stock. A total of $9,492,161 was incurred on buying the stock at an average price of $62.05. A total of 21.58% of the company’s stock is owned by insiders.
During the past 12 months, Nike, Inc has had a low of $52.28 and a high of $98.04. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 2.19, and a quick ratio of 1.52. The fifty day moving average price for NKE is $62.2774 and a two-hundred day moving average price translates $74.18125 for the stock.
The latest earnings results from Nike, Inc (NYSE: NKE) was released for 2025-02-28. The net profit margin was 9.41% and return on equity was 31.93% for NKE. The company reported revenue of $11.27 billion for the quarter, compared to $12.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.33 percent. For the current quarter, analysts expect NKE to generate $10.68B in revenue.
