Dernières nouvelles pour Nike (NYSE:NKE) Stock

Nike

Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.

Nike Inc

<a href="https://about.nike.com/en/newsroom/releases/nike-uruguayan-football-association-partnership" title="https://about.nike.com/en/newsroom/releases/nike-uruguayan-football-association-partnership">https://about.nike.com/en/newsroom/releases/nike-uruguayan-football-association-partnership</a>

News

'Nike and Uruguayan Football Association Announce Multi-Year Partnership' - Company

JP Morgan analyst Matthew Boss maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Neutral and lowers the price target from $77 to $73.

Price Target

Analyst Ratings

JP Morgan Maintains Neutral on Nike, Lowers Price Target to $73

Whales with a lot of money to spend have taken a noticeably bearish stance on Nike.
Looking at options history for Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) we detected 45 trades.
If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 46% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $577,519 and 35, calls, for a total amount of $2,225,357.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $47.5 to $155.0 for Nike over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Nike's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Nike's whale trades within a strike price range from $47.5 to $155.0 in the last 30 days. 
<h3>Nike 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732567516_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$8.55</td>
<td>$8.35</td>
<td>$8.35</td>
<td>$80.00</td>
<td>$221.2K</td>
<td>206</td>
<td align="right">271</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$8.45</td>
<td>$8.2</td>
<td>$8.45</td>
<td>$100.00</td>
<td>$169.0K</td>
<td>5.6K</td>
<td align="right">907</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$2.58</td>
<td>$2.48</td>
<td>$2.52</td>
<td>$115.00</td>
<td>$125.7K</td>
<td>2.4K</td>
<td align="right">502</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$7.75</td>
<td>$7.65</td>
<td>$7.75</td>
<td>$70.00</td>
<td>$105.4K</td>
<td>403</td>
<td align="right">147</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$4.2</td>
<td>$4.15</td>
<td>$4.15</td>
<td>$78.00</td>
<td>$103.7K</td>
<td>635</td>
<td align="right">331</td>
</tr>
</tbody>
</table>

<h3>About Nike</h3>
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
<h3>Where Is Nike Standing Right Now?</h3>
<ul>
<li>With a trading volume of 10,629,515, the price of NKE is up by 1.12%, reaching $78.27.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 24 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Nike</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $79.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from TD Cowen has decided to maintain their Hold rating on Nike, which currently sits at a price target of $73. 
&#x2A; An analyst from Needham downgraded its action to Buy with a price target of $84. 
&#x2A; Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on Nike with a target price of $80. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Nike with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

Unpacking the Latest Options Trading Trends in Nike

WIIM

Nike shares are trading higher after Needham initiated coverage on the stock with a Buy rating and announced a price target of $84.

Needham analyst Tom Nikic initiated coverage on Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Buy rating and <a href="https://www.benzinga.com/quote/FL/analyst-ratings" target="_blank" rel="noreferrer noopener">a price forecast of $27</a>.
The analyst writes that Foot Locker is positioned for an earnings recovery in 2025, with improvements expected from a strengthened Nike, Inc partnership, growth in non-Nike brands, recent SG&amp;A investments, and the recovery of merchandise margins.
Despite a current lull post-back-to-school, the analyst expects trends to pick up after Thanksgiving and is encouraged by a recent consumer survey indicating strong holiday interest in sneakers.
Nikic notes that Foot Locker faced challenges due to Nike&#8217;s decision to reduce high-demand product supply but believes Nike&#8217;s shift to increase product allocations to Foot Locker starting in the fourth-quarter of 2024 will drive positive sales growth.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/cannabis/24/11/42144102/california-has-the-finest-weed-in-the-world-says-lab-expert-and-how-to-save-its-struggling-market" rel="noreferrer noopener">California Has The Finest Weed In The World, Says Lab Expert, And How To Save Its Struggling Market</a>
Additionally, Foot Locker is benefiting from expanding Hoka and On availability, along with strengthened relationships with brands like Adidas AG, New Balance, Crocs, Inc., and UGG.
The analyst explains that Foot Locker&#8217;s EBIT margin was significantly lower last year compared to pre-COVID levels and is only expected to see modest improvement in FY24 due to aggressive long-term growth investments.
However, as spending tapers off next year, Foot Locker is expected to leverage these investments to expand margins.
Additionally, with merchandise margins still over 300bps below pre-COVID levels, there is further opportunity for gross margin improvement, Nikic adds.
The analyst projects the company to report FY24 revenues of $8.164 billion and earnings per share of $1.61.
Price Action: FL stock is up 1.67% at $22.83 at last check Friday.
Photo by Sorbis via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/11/42140450/doj-targets-google-chrome-poll-shows-64-oppose-alphabet-breakup-youtube-seen-as-top-prize" target="_blank" rel="noreferrer noopener">DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize</a></li>
</ul>

Analyst Color

Equities

Initiation

Trading Ideas

General

ADDYY

CROX

Foot Locker To Gain From Strengthened Partnership With Nike: Analyst Forecasts Earnings Recovery Next Year

Needham analyst Tom Nikic initiated Nike, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy rating and a<a target="_blank" href="https://www.benzinga.com/quote/NKE/analyst-ratings" rel="noreferrer noopener"> price forecast of $84.</a>
The analyst suggests that Nike&#8217;s worst may nearly be over, with the recent CEO transition from John Donohoe to Nike veteran Elliott Hill seen as a major turning point &#8211; &#8220;Nike&#8217;s proverbial white knight.&#8221;
The analyst also acknowledges that management accepts past mistakes and takes decisive steps to correct them.
Although these strategies may pressure profits on P&amp;L in the short term, they are viewed as the right moves for the company, Nikic writes.
While rebuilding the brand&#8217;s momentum will take time, the analyst sees potential for Nike to become an attractive &#8220;story stock&#8221; in 2025, especially if performance has hit its lowest point and investors view Elliott Hill as the company&#8217;s savior.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/24/11/42143421/staggering-google-breakup-proposal-from-doj-a-kitchen-sink-moment-alphabet-analyst" rel="noreferrer noopener">&#8216;Staggering&#8217; Google Breakup Proposal From DOJ A &#8216;Kitchen Sink Moment&#8217;: Alphabet Analyst</a>
The analyst notes that three years ago, the consensus FY25 EPS forecast for Nike was around $6.60, but it has now dropped to $2.75.
However, per Nikic, this updated estimate accurately reflects the necessary adjustments Nike needs to make.
The analyst also projects revenue declines to peak in the second half of 2024 and the first half of 2025 as Nike reduces over-distributed styles.
If revenue trends improve in the coming quarters and the EPS revision cycle turns positive, the analyst forecasts Nike&#8217;s stock could start rising.
The analyst projects Nike to report FY25 revenues of $47.383 billion, with earnings per share of $2.67.
Price Action: NKE shares are trading higher by 2.52% to $76.99 at last check Friday.
Photo via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks" target="_blank" rel="noreferrer noopener">Trump Appears &#8216;Frustrated&#8217; As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List </a></li>
</ul>

Movers

Nike's Worst May Nearly Be Over: Analyst Sees CEO Transition And Strategic Fixes Sparking A Turnaround

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending Nov. 22:
Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>): Reader interest in Delta comes after the company <a href="https://www.benzinga.com/24/11/42087211/delta-charts-its-path-to-high-margins-and-shareholder-gains-at-2024-investor-day">hosted an investor day</a> in New York. Among the items shared at the investor day were goals of mid-teen operating margins, 10% average annual EPS growth and $3 billion to $5 billion in annual free cash flow over the next three to five years. 
Delta could also be seeing interest with the new White House administration being ushered in. Delta CEO Ed Bastian <a href="https://www.benzinga.com/news/global/24/11/42106369/delta-chief-says-trump-could-be-a-breath-of-fresh-air-for-aviation-industry">recently said</a> President-elect Donald Trump could provide a "breath of fresh air" for the airline sector after years of "overreach." The Biden administration passed various regulations that protected airline consumers, including automatic refunds after canceled flights and a requirement for airlines to disclose all additional fees and taxes upfront.
Delta also announced it <a href="https://www.benzinga.com/24/11/42095549/delta-will-serve-shake-shack-burgers-as-airline-continues-catering-to-first-class">will start serving</a> Shake Shack burgers to first-class passengers on some flights.
The carrier&#8217;s shares were down over the past week, but remain up over 50% year-to-date. The <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> below shows the five-day performance.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="507" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246.png" alt="" class="wp-image-661374" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246-768x391.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>): Bill Ackman's Pershing Square has increased its bet on the apparel company. After <a href="https://www.benzinga.com/news/24/08/40381979/nike-stock-sprints-higher-after-the-bell-as-bill-ackmans-pershing-square-reveals-new-stake">taking a 3 million</a> share stake in the second quarter, a new filing revealed that Ackman added 13 million shares in the third quarter. His firm now owns <a href="https://www.bizjournals.com/portland/news/2024/11/19/nike-bill-ackman-investor-shares-purchased.html">around </a>1.3% of the company. Nike shares trade near 52-week lows after <a href="https://www.benzinga.com/news/earnings/24/10/41129610/nike-q1-earnings-revenue-miss-eps-beat-teams-energized-amid-ceo-transition-a-comeback-at-this-scale">first-quarter financial results</a> saw revenue miss analyst estimates and analysts weigh how quickly a new CEO can help turnaround the company.
"A comeback at this scale takes time, but we see early wins – from momentum in key sports to accelerating our pace of newness and innovation," Nike CFO Matthew Friend said after the Q1 results. "Our teams are energized as Elliott Hill returns to lead Nike's next stage of growth."
Investors could also be closely watching Nike stock to see how <a href="https://www.benzinga.com/markets/asia/24/11/41796941/trump-2-0-a-sneaker-heads-nightmare-your-next-pair-of-nikes-or-vans-could-cost-a-pretty-penny-heres">big of an impact </a>Trump's promise to increase tariffs on other countries could hurt the company.
Nike shares were up slightly on the week and remain down over 27% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247.png" alt="" class="wp-image-661378" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247-768x388.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
Autodesk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>): The software company is seeing strong interest from Benzinga readers ahead of third-quarter financial results scheduled for Tuesday, Nov. 26. Analysts expect the company to report quarterly revenue of $1.56 billion, up from $1.41 billion in last year's third quarter. Analysts also expect quarterly earnings per share of $2.12, up from $2.07 in last year's third quarter. 
Autodesk has beaten analyst estimates for revenue and earnings per share both in five straight quarters. Over the last 10 quarters, Autodesk has beaten analyst estimates for revenue eight times and earnings per share eight times. The company said that it <a href="https://www.benzinga.com/news/earnings/24/08/40639874/autodesk-stock-jumps-5-on-q2-earnings-the-details">was focusing on </a>disciplined execution and seeing GAAP margins among the best in the sector.
Autodesk CEO Andrew Anagnost said these factors &#8220;will deliver sustainable shareholder value over many years.&#8221;
Some <a href="https://www.benzinga.com/quote/ADSK/analyst-ratings">recent analyst ratings </a>and price targets are listed below:
<ul>
<li>Wells Fargo: Maintained Overweight rating, raised price target from $340 to $350</li>
<li>Morgan Stanley: Maintained Overweight rating, raised price target from $320 to $375</li>
<li>KeyBanc: Maintained Overweight rating, raised price target from $325 to $330</li>
<li>Scotiabank: Initiated with Sector Outperform rating, $360 price target</li>
<li>Baird: Maintained Outperform rating, raised price target from $305 to $330</li>
<li>Stifel: Maintained Buy rating, raised price target from $320 to $340</li>
<li>Barclays: Maintained Overweight rating, raised price target from $310 to $355</li>
</ul>
Autodesk shares were up 6% over the last five days and are up around 35% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251.png" alt="" class="wp-image-661379" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251-768x389.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Coinbase Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>): The cryptocurrency company is seeing strong interest as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) continues to smash through new all-time highs and near the $100,000 level. 
The rising valuation of other cryptocurrencies could also help offset concerns from Coinbase's recently reported third quarter, which saw revenue and earnings per share miss Street estimates. Trading volume and transaction revenue were down 18% and 27% quarter-over-quarter respectively in <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41637702/coinbase-q3-earnings-highlights-revenue-miss-eps-miss-transaction-revenue-falls-from-q2">the third quarter</a>. 
The <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42131449/with-gary-gensler-preparing-to-quit-in-2025-secs-crypto-cases-likely-to-quietly-go-away-amid-trumps-pro-bitcoin-stance-says-pantera-capitals-katrina-paglia">pro-crypto</a> stance of the incoming Trump administration also boosted interest in cryptocurrency-related companies like Coinbase.
Coinbase stock was up on the week, but trailed the 9.5% gains of Bitcoin. Coinbase stock is up 93.5% year-to-date in 2024, also trailing the year-to-date 122.5% gains for Bitcoin.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="503" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252.png" alt="" class="wp-image-661380" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252-768x387.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Blackstone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>): The world's largest alternative asset manager <a href="https://www.blackstone.com/news/press/jersey-mikes-to-partner-with-blackstone-to-accelerate-leading-franchisors-continued-growth/">announced </a>plans to acquire a majority stake in Jersey Mike's, a fast-casual restaurant brand. 
While Blackstone won't IPO Jersey Mike's anytime soon. Still, it could benefit from the likelihood that more big IPOs are expected in 2025. 
Reuters reports that medical supply firm Medline, which is partially owned by Blackstone, seeks a $5-billion IPO.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253.png" alt="" class="wp-image-661381" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253-768x387.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/exclusives/24/11/41693907/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">November 1</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/24/11/41856335/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-42" target="_blank" rel="noreferrer noopener">November 8</a></li>
<li><a href="https://www.benzinga.com/general/space/24/11/42013739/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-43">November 15</a></li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42094292/stock-of-the-day-is-delta-airlines-about-to-takeoff">Stock Of The Day: Delta Air Lines Bullish Pattern Suggests Upside Ahead</a></li>
</ul>

Exclusives

$BTC

ADSK

COIN

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee56ee7bf6000154d12e/tom-nikic">Needham analyst Tom Nikic</a> initiated coverage on NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy rating and announced a price target of $84. Nike shares closed at $75.10 on Thursday. See how other analysts view this stock.</li>
<li>JP Morgan analyst Bennett Moore initiated coverage on Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) with an Overweight rating and announced a price target of $220. Carpenter Tech shares closed at $180.71 on Thursday. <a href="https://www.benzinga.com/quote/CRS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities analyst Tyler DuPont initiated coverage on Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) with a Buy rating and announced a price target of $40. Kyndryl shares closed at $32.49 on Thursday. <a href="https://www.benzinga.com/quote/KD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS analyst John Hodulik initiated coverage on Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Neutral rating and announced a price target of $73. Roku shares closed at $68.68 on Thursday. <a href="https://www.benzinga.com/quote/ROKU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo analyst Joe Quatrochi initiated coverage on Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) with an Overweight rating and announced a price target of $155. ARM shares closed at $133.14 on Thursday. <a href="https://www.benzinga.com/quote/ARM/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying NKE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="544" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-1024x544.png" alt="" class="wp-image-660970" style="width:666px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-1024x544.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-300x159.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-768x408.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246.png 1255w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42135346/top-3-materials-stocks-that-could-blast-off-in-november">Top 3 Materials Stocks That Could Blast Off In November</a></li>
</ul>

Pre-Market Outlook

ROKU

This Nike Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Needham analyst Tom Nikic initiates coverage on Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy rating and announces Price Target of $84.

Needham Initiates Coverage On Nike with Buy Rating, Announces Price Target of $84

Deep-pocketed investors have adopted a bearish approach towards Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NKE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Nike. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 27% leaning bullish and 59% bearish. Among these notable options, 7 are puts, totaling $1,320,384, and 15 are calls, amounting to $3,563,750.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $85.0 for Nike over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Nike's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Nike's whale activity within a strike price range from $45.0 to $85.0 in the last 30 days. 
<h3>Nike Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732033158_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$14.95</td>
<td>$13.2</td>
<td>$13.9</td>
<td>$77.50</td>
<td>$2.9M</td>
<td>2.3K</td>
<td>2.1K</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$10.75</td>
<td>$10.45</td>
<td>$10.5</td>
<td>$72.50</td>
<td>$735.0K</td>
<td>135</td>
<td>0</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$9.35</td>
<td>$9.25</td>
<td>$9.35</td>
<td>$80.00</td>
<td>$230.0K</td>
<td>1.4K</td>
<td>247</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$5.1</td>
<td>$5.0</td>
<td>$5.1</td>
<td>$72.50</td>
<td>$153.0K</td>
<td>1.9K</td>
<td>300</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$1.92</td>
<td>$1.91</td>
<td>$1.92</td>
<td>$67.50</td>
<td>$86.2K</td>
<td>230</td>
<td>503</td>
</tr>
</tbody>
</table>

<h3>About Nike</h3>
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
<h3>Current Position of Nike</h3>
<ul>
<li>With a volume of 2,981,211, the price of NKE is down -1.11% at $74.06. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 30 days.</li>
</ul>
<h3>Expert Opinions on Nike</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $76.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from RBC Capital persists with their Sector Perform rating on Nike, maintaining a target price of $80. 
&#x2A; An analyst from TD Cowen persists with their Hold rating on Nike, maintaining a target price of $73. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Nike, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Behind the Scenes of Nike's Latest Options Trends

Nike shares are trading lower after TD Cowen maintained a Hold rating on the stock and cut its price target from $78 to $73.

Across the recent three months, 33 analysts have shared their insights on Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">8</td>
<td align="right">19</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">6</td>
<td align="right">8</td>
<td align="right">14</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Nike and provided 12-month price targets. The average target is $89.7, accompanied by a high estimate of $110.00 and a low estimate of $73.00. Witnessing a positive shift, the current average has risen by 0.4% from the previous average price target of $89.34.
<img src="https://www.benzinga.com/files/images/story/2024/1731938427_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Nike among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$73.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Piral Dadhania</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$80.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$97.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$81.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$78.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Robert Drbul</td>
<td>Guggenheim</td>
<td>Lowers</td>
<td>Buy</td>
<td>$110.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Krisztina Katai</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Buy</td>
<td>$92.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$77.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$96.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Piral Dadhania</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$82.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$105.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$82.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$83.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Lorraine Hutchinson</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$100.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Randal Konik</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$85.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Hold</td>
<td>$85.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$82.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Piral Dadhania</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$85.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Lorraine Hutchinson</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$104.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$100.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$100.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$85.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$95.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Equal-Weight</td>
<td>$79.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$110.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Krisztina Katai</td>
<td>Deutsche Bank</td>
<td>Maintains</td>
<td>Buy</td>
<td>$92.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Jonathan Komp</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$110.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Aneesha Sherman</td>
<td>Bernstein</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$109.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$84.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Jim Duffy</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$79.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>Announces</td>
<td>Neutral</td>
<td>$80.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Nike. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Nike compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Nike's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Nike's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/NKE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Nike analyst ratings.</a>
<h2>Get to Know Nike Better</h2>
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
<h3>Financial Insights: Nike</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Nike's revenue growth over a period of 3 months has faced challenges. As of 31 August, 2024, the company experienced a revenue decline of approximately -10.43%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Nike's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.07%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Nike's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 7.41%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Nike's ROA excels beyond industry benchmarks, reaching 2.77%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 0.87, Nike faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into Nike Stock: Analyst Perspectives (33 Ratings)

TD Cowen analyst John Kernan maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Hold and lowers the price target from $78 to $73.

TD Cowen Maintains Hold on Nike, Lowers Price Target to $73

Investors with a lot of money to spend have taken a bearish stance on Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NKE, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 25 uncommon options trades for Nike.
This isn't normal.
The overall sentiment of these big-money traders is split between 44% bullish and 52%, bearish.
Out of all of the special options we uncovered, 16 are puts, for a total amount of $888,906, and 9 are calls, for a total amount of $375,233.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $95.0 for Nike, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Nike's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Nike's significant trades, within a strike price range of $60.0 to $95.0, over the past month.
<h3>Nike Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731687423_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$2.59</td>
<td>$2.53</td>
<td>$2.53</td>
<td>$75.00</td>
<td>$126.5K</td>
<td>16.5K</td>
<td>526</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.53</td>
<td>$2.46</td>
<td>$2.51</td>
<td>$75.00</td>
<td>$125.2K</td>
<td>16.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$3.35</td>
<td>$3.25</td>
<td>$3.35</td>
<td>$95.00</td>
<td>$82.7K</td>
<td>1.8K</td>
<td>1</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.1</td>
<td>$6.0</td>
<td>$6.1</td>
<td>$80.00</td>
<td>$67.7K</td>
<td>12.0K</td>
<td>222</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.1</td>
<td>$6.0</td>
<td>$6.08</td>
<td>$80.00</td>
<td>$67.0K</td>
<td>12.0K</td>
<td>111</td>
</tr>
</tbody>
</table>

<h3>About Nike</h3>
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
Following our analysis of the options activities associated with Nike, we pivot to a closer look at the company's own performance.
<h3>Where Is Nike Standing Right Now?</h3>
<ul>
<li>With a volume of 3,359,657, the price of NKE is up 0.86% at $76.33. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 34 days.</li>
</ul>
<h3>What Analysts Are Saying About Nike</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $80.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on Nike with a target price of $80. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Nike, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Dividends

Nike Raised Quarterly Dividend From $0.37 To $0.40

Pershing Square Capital's Q3 2024 13F Filing Shows New Stakes In Brookfield Corp With 25.88M Shares, Nike With 13.24M Shares, And Seaport Entertainment Group With 2.09M Shares Each In Common Stock And Rights

Alphabet, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google released its Holiday 100 annual list of curated gift ideas based on Google search trends data and Google's Shopping graph dataset of 45 billion product listings.
Here's a look at some of the product searches <a href="https://www.benzinga.com/general/gaming/24/11/41952020/76-of-children-plan-to-ask-for-video-games-this-christmas-survey-shows">trending this holiday season.&nbsp;</a>
The Details: All of <a href="https://blog.google/products/shopping/holiday-100-this-years-trending-gifts/">the featured </a>Google Trends in the Holiday 100 meet one or more of the following criteria for 2024: search interest that hit an all-time high, breakout search interest, trending or top search interest, dramatically higher search interest compared to pre-COVID-19 pandemic norms or noteworthy regional differences in U.S. search interest.
Google said the data was measured and validated from May through September 2024 using the Google Trends Explore tool and Google's proprietary internal tools.&nbsp;
Read Next: <a href="https://www.benzinga.com/trading-ideas/movers/24/11/41949068/bitcoin-could-reach-1-million-by-2037-economist-says-buy-of-a-lifetime-opportunity">Bitcoin Could Reach $1 Million By 2037, Economist Says: &#8216;Buy Of A Lifetime&#8217; Opportunity</a>
Beauty: e.l.f. Beauty, Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) e.l.f. Halo Glow Liquid Filter is a featured product in the Beauty category as searches for the term "e.l.f. filter" were up 5,000% during the year. Estee Lauder Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) is also on the Holiday 100 as "Estee Lauder night serum" searches went up 130% in 2024. Google highlighted a surge in interest in &#8220;unisex fragrances&#8221; with searches up by 130%.
Toys &amp; Games: Google highlighted Mattel, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) Barbie brand in the Toys and Games category saying that searches for "Barbie Dreamhouse" spike every holiday season. The Playstation Portal from Sony Group Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) may also be a hot toy this year as Google reports searches for "ps portal" grew 50% this year.&nbsp;
Apparel/Shoes: Nike, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) could see a bump in sales this holiday season with Google highlighting the athletic brand in the Apparel category. Searches for "tennis skirt" and "Nike Motiva" both hit all-time highs in 2024. The Holiday 100 list also features searches for "ballet flats" which climbed by 84% in 2024.&nbsp;
Why It Matters: Brands and retailers offering the products featured in Google's Holiday 100 gift guide could see a lift in sales during the 2024 holiday season resulting from the increased consumer interest indicated by Google Trends search data. Investors will get a look at the holiday season's sales and revenue when the companies report next quarter's results in early 2025.&nbsp;
Read More:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/11/41822473/trumps-potential-health-czar-robert-f-kennedy-jr-rattles-vaccine-stocks-shoot-first-reaction">Trump&#8217;s Potential &#8216;Health Czar&#8217; Robert F. Kennedy Jr. Rattles Vaccine Stocks: &#8216;Shoot First Reaction&#8217;</a></li>
</ul>
Photo: Jill Wellington from Pixabay

Large Cap

GOOG

GOOGL

Sony Group Corporation American Depositary Shares

SONY

Google's 'Holiday 100' Trending Gift List Features Sony, e.l.f. Beauty, Nike

U.S.-listed Chinese stocks&nbsp;Alibaba Group Holding.&nbsp;(NYSE: BABA),&nbsp;JD.com, Inc.&nbsp;(NASDAQ:&nbsp;JD),&nbsp;Baidu, Inc.&nbsp;(NASDAQ: BIDU),&nbsp;NIO Inc. (NYSE:&nbsp;NIO),&nbsp;Li Auto Inc.&nbsp;(NASDAQ:&nbsp;LI),&nbsp;and XPeng Inc.&nbsp;(NYSE:&nbsp;XPEV) recorded some redemption on Wednesday premarket after a selloff triggered by <a target="_blank" href="https://www.benzinga.com/24/11/41911946/whats-going-on-with-us-listed-chinese-stocks-like-alibaba-jd-nio-on-tuesday" rel="noreferrer noopener">geopolitical tensions perpetrated</a> by Donald Trump&#8217;s U.S. presidential election victory and lackluster domestic stimulus.
However, the stocks gave up the premarket gains in Wednesday&#8217;s regular trading session.
Alibaba and JD.com have concluded their Singles&#8217; Day shopping events, reporting solid sales figures as domestic consumer demand increases. Both e-commerce leaders highlighted increased activity during the world&#8217;s largest annual shopping festival, signaling a potential recovery in Chinese retail spending, SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3286273/alibaba-jdcom-claim-big-win-singles-day-sales-consumer-spending-bounces-back" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/11/41908838/tencent-musics-q3-revenue-tops-1-billion-but-monthly-active-users-fall-3-stock-reacts" rel="noreferrer noopener">Tencent Music&#8217;s Q3 Revenue Tops $1 Billion, But Monthly Active Users Fall 3%, Stock Reacts</a>
Both platforms indicated significant growth across key metrics, reflecting increased buyer engagement and transaction volumes.
Alibaba&#8217;s domestic platforms, Taobao and Tmall, noted record-high participation, with 45 major brands such as Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Xiaomi Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>), and Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) each generating sales exceeding 1 billion yuan ($139 million).
Additionally, over 580 brands surpassed the 100-million-yuan GMV mark, a substantial increase from the previous year.
JD.com reported robust growth, with transaction volumes increasing fivefold compared to last year&#8217;s figures for over 17,000 brands on its platform.
Around 30,000 small and medium-sized merchants also experienced a 200% year-over-year surge in sales, underlining the broader market recovery.
A recent Fudan University-affiliated think tank report told SCMP that Alibaba led the market with a 38% share during the Singles&#8217; Day event. JD.com secured a 20% share, while ByteDance&#8217;s Douyin captured 13%, and Pinduoduo, owned by PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), held 10%.
Analysys, a Chinese consultancy firm, told SCMP that Taobao and Tmall accounted for nearly half of all sales across major platforms. Douyin stood out with a 19% increase in GMV, marking the highest growth among competitors.
On the EV front, the European Union sees minimal progress in ongoing talks with China to find an alternative to electric vehicle tariffs, the Economic Times <a target="_blank" href="https://economictimes.indiatimes.com/industry/renewables/eu-sees-slim-chance-of-success-in-ev-tariff-negotiations-with-china/articleshow/115189553.cms?from=mdr" rel="noreferrer noopener">cites</a> familiar sources. Technical discussions will continue following meetings in Beijing, where both sides have claimed some progress.
However, prospects for a swift agreement remain low, as China has yet to meet the EU&#8217;s stringent demands for enforceable measures equivalent to the recent anti-subsidy tariffs, the sources added.
Negotiations have focused on setting up a communication channel and preventing cross-compensation, where other product sales, like hybrid vehicles, could offset price limits on EV imports.
Chinese EV stocks Nio, Li Auto, and Xpeng are trading higher on Wednesday in the premarket session, only to give up gains in the regular trading session.
Meanwhile, President-elect Donald Trump&#8217;s likely picks of Sen. Marco Rubio as Secretary of State and Rep. Mike Waltz as National Security Adviser suggest a stricter stance on China, the Japan Times <a target="_blank" href="https://www.japantimes.co.jp/news/2024/11/12/japan/politics/marco-rubio-us-secretary-of-state/" rel="noreferrer noopener">reports</a>.
Rubio, known for his strong anti-China rhetoric, has backed a harder line against Beijing.
Waltz shares Rubio&#8217;s hawkish approach, focusing on countering China&#8217;s influence in the Indo-Pacific. He has pushed to reduce U.S. reliance on Chinese imports and enhance American shipbuilding capacity through allied cooperation.
Price Actions: At the last check on Wednesday, BABA stock is down 0.22% to $91.58. JD is down 0.85%, XPEV is down 2.82%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/11/41910569/shift4-payments-q3-earnings-revenue-misses-estimates-despite-strong-growth-lowers-payment-volume-guidance-stock-drops" target="_blank" rel="noreferrer noopener">Shift4 Payments Misses Revenue Estimates In Q3, Lowers Payment Volume Guidance As Stock Drops</a></li>
</ul>
Photo by Tatiana Popova and rawf8 via Shuttterstock

Government

Regulations

Media

AAPL

BABA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

XIACF

XIACY

XPEV

What's Going On With US Listed Chinese Stocks Alibaba, JD, Nio, Li XPeng On Wednesday?

RBC Capital analyst Piral Dadhania maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Sector Perform and lowers the price target from $82 to $80.

RBC Capital Maintains Sector Perform on Nike, Lowers Price Target to $80

Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) has outperformed the market over the past 20 years by 1.89% on an annualized basis producing an average annual return of 10.32%. Currently, Nike has a market capitalization of $113.30 billion. 
Buying $1000 In NKE: If an investor had bought $1000 of NKE stock 20 years ago, it would be worth $7,046.63 today based on a price of $76.12 for NKE at the time of writing.
<h3>Nike's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730993474_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Nike Stock In The Last 20 Years

14 Upcoming Dividend Increases, Including A King

Retail sector in focus as Black Friday shopping kicks off

Shopping For Value On Black Friday

Salesforce, Marvell Technology, And Kroger Report As Earnings Season Slowing To A Crawl

JPMorgan lowered the firm's price target on Nike (NKE) to $73 from $77 and keeps a Neutral rating on the shares. The firm reduced estimates followi...

Nike price target lowered to $73 from $77 at JPMorgan

Black Friday winners & losers: Sell side weighs in on Black Friday sales results

Top 50 High Quality Dividend Growth Stocks - November 2024

Kohl's Corporation: How Safe Is This 13.2% Yield?

Nike: When Will This Be Investable Again? (Technical Analysis)

Mar Vista U.S. Quality Q3 2024 Commentary

ABBV

ALLE

AMAT

AMZN

ASBA

BUYZ

CAKE

CASS

CHDN

CHWY

CLIX

COST

CRDO

CTAS

DECK

DLTR

DOCU

EBIZ

EMTY

FAST

FDIS

FLYE

FSTA

FTXG

GALT

GAUZ

GRMN

IBUY

IMPP

IPAR

ISHP

JKHY

KLAC

LANC

LECO

LRCX

LULU

LVMHF

MATW

MCHP

MKTX

MPWR

MRVL

MSCI

MSFT

NAMI

NTES

NVDA

NXPI

ODFL

OKTA

ONLN

ONON

PAYX

PHAT

POOL

PSCC

PSCD

PSTX

QCOM

RACE

RAPP

RETL

ROST

SBUX

SCHD

SGHC

SHAK

SHOO

SLAB

SNPS

TENB

TSCO

ULTA

VALE

WANT

WSBC

WSBCP

YETI

Press Releases

NIKE, Inc. Announces First Quarter Fiscal 2025 Earnings and Conference Call

NIKE, Inc. Board of Directors Announces Long-Time Nike Veteran Elliott Hill to Return as President and Chief Executive Officer John Donahoe to Retire from Nike

NIKE, Inc. Reports Fiscal 2025 First Quarter Results

Nike Names Tom Peddie as VP, GM of North America Geography

NIKE, Inc. Signs Historic Partnership Extension With NBA, WNBA and NBA G League Through 2037

Fintech

Frost & Sullivan Release the "2024 Global Blockchain Hardware Industry White Paper", Analyzing the Development and Future Opportunities of the Global Blockchain Hardware Market

NIKE, Inc. Appoints Long-Time Leaders Ann Miller as EVP, Global Sports Marketing and Rob Leinwand as EVP, Chief Legal Officer

NIKE, Inc. Declares $0.40 Quarterly Dividend

NIKE, Inc. Announces Second Quarter Fiscal 2025 Earnings and Conference Call

NIKE, Inc. Appoints Treasure Heinle as Executive Vice President and Chief Human Resources Officer

Comments

Nike

Actualités

Dernières nouvelles pour Nike (NYSE:NKE) Stock

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL