L'intérêt à découvert pour Nike donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de Nike. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

Nike (NYSE:NKE) Stock, Rapport sur les intérêts à découvert

NIKE INC -CL B

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

Wells Fargo analyst Ike Boruchow maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Equal-Weight and raises the price target from $55 to $60.

News

Price Target

Analyst Ratings

Wells Fargo Maintains Equal-Weight on Nike, Raises Price Target to $60

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$330.00</td>
<td>$31.4K</td>
<td>22.2K</td>
<td>90.1K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$210.00</td>
<td>$28.8K</td>
<td>5.1K</td>
<td>18.2K</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$72.50</td>
<td>$38.1K</td>
<td>11.5K</td>
<td>3.0K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/23/25</td>
<td>$17.00</td>
<td>$42.0K</td>
<td>0</td>
<td>1.8K</td>
</tr>
<tr>
<td>SONY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$24.00</td>
<td>$60.0K</td>
<td>102</td>
<td>531</td>
</tr>
<tr>
<td>CHWY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$35.00</td>
<td>$39.0K</td>
<td>1.9K</td>
<td>236</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$190.00</td>
<td>$28.2K</td>
<td>989</td>
<td>112</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$4900.00</td>
<td>$62.9K</td>
<td>13</td>
<td>42</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$2600.00</td>
<td>$56.2K</td>
<td>0</td>
<td>5</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on May 16, 2025. Parties traded 37 contract(s) at a $330.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $848.0 per contract. There were 22216 open contracts at this strike prior to today, and today 90110 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on May 16, 2025. This event was a transfer of 192 contract(s) at a $210.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.8K, with a price of $150.0 per contract. There were 5179 open contracts at this strike prior to today, and today 18203 contract(s) were bought and sold. 
• Regarding NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we observe a call option sweep with bearish sentiment. It expires in 66 day(s) on July 18, 2025. Parties traded 433 contract(s) at a $72.50 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $38.1K, with a price of $88.0 per contract. There were 11561 open contracts at this strike prior to today, and today 3049 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a put option trade with bearish sentiment. It expires in 10 day(s) on May 23, 2025. Parties traded 200 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $42.0K, with a price of $210.0 per contract. There were 0 open contracts at this strike prior to today, and today 1801 contract(s) were bought and sold. 
• For SONY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on May 16, 2025. This event was a transfer of 500 contract(s) at a $24.00 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $120.0 per contract. There were 102 open contracts at this strike prior to today, and today 531 contract(s) were bought and sold. 
• For CHWY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on May 16, 2025. This event was a transfer of 84 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $465.0 per contract. There were 1941 open contracts at this strike prior to today, and today 236 contract(s) were bought and sold. 
• Regarding DASH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), we observe a call option trade with bearish sentiment. It expires in 38 day(s) on June 20, 2025. Parties traded 20 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $1410.0 per contract. There were 989 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold. 
• Regarding BKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), we observe a call option trade with bullish sentiment. It expires in 129 day(s) on September 19, 2025. Parties traded 1 contract(s) at a $4900.00 strike. The total cost received by the writing party (or parties) was $62.9K, with a price of $62910.0 per contract. There were 13 open contracts at this strike prior to today, and today 42 contract(s) were bought and sold. 
• Regarding MELI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), we observe a put option trade with bearish sentiment. It expires in 38 day(s) on June 20, 2025. Parties traded 5 contract(s) at a $2600.00 strike. The total cost received by the writing party (or parties) was $56.2K, with a price of $11250.0 per contract. There were 0 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BKNG

CHWY

DASH

MELI

RIVN

Sony Group Corporation American Depositary Shares

SONY

TSLA

9 Consumer Discretionary Stocks Whale Activity In Today's Session

In the preceding three months, 27 analysts have released ratings for Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), presenting a wide array of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<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">8</td>
<td align="right">4</td>
<td align="right">15</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">3</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">9</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $75.85, with a high estimate of $115.00 and a low estimate of $55.00. Experiencing a 6.91% decline, the current average is now lower than the previous average price target of $81.48. 
<img src="https://www.benzinga.com/files/images/story/2025/1747087233_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Nike. The following summary 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>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$60.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$70.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$56.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$55.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$57.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Lorraine Hutchinson</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$80.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Brooke Roach</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$72.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Sam Poser</td>
<td>Williams Trading</td>
<td>Lowers</td>
<td>Buy</td>
<td>$73.00</td>
<td>$93.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$70.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Jim Duffy</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$64.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Jim Duffy</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Hold</td>
<td>$75.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Piral Dadhania</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$66.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$64.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$66.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$92.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$82.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$85.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Jonathan Komp</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$99.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$75.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$80.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$72.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Randal Konik</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$115.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Robert Drbul</td>
<td>Guggenheim</td>
<td>Maintains</td>
<td>Buy</td>
<td>$110.00</td>
<td>$110.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Nike. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Nike compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Nike's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
For valuable insights into Nike's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/NKE/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Nike analyst ratings.</a>
<h2>All You Need to Know About Nike</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>Understanding the Numbers: Nike's Finances</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Negative Revenue Trend: Examining Nike's financials over 3M reveals challenges. As of 28 February, 2025, the company experienced a decline of approximately -9.33% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Nike's net margin excels beyond industry benchmarks, reaching 7.05%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.66%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.1%, the company showcases effective utilization of assets.
Debt Management: Nike's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.85, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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Forecasting The Future: 27 Analyst Projections For Nike

Barclays analyst Adrienne Yih maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Equal-Weight and lowers the price target from $70 to $60.

Barclays Maintains Equal-Weight on Nike, Lowers Price Target to $60

Apparel company Under Armour (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) could highlight how the latest China tariff news could be good news when the company reports fourth-quarter financial results before <a href="https://www.benzinga.com/earnings">market open Tuesday.</a>
Earnings Estimates: Analysts expect Under Armour to report fourth-quarter revenue of $1.16 billion, down from $1.33 billion in last year's fourth quarter, according to data<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0512"> from Benzinga Pro.</a>
The company has beaten analyst estimates for revenue in four straight quarters and in eight of the last 10 quarters overall.
Analysts expect the company to report a loss of 8 cents per share, down from a profit of 11 cents per share in last year's fourth quarter.
The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.
Read Also: <a href="https://www.benzinga.com/trading-ideas/25/04/44672618/trump-tariffs-to-hurt-nike-under-armour-vf-are-ralph-lauren-foot-locker-safer-bets">Trump Tariffs To Hurt Nike, Under Armour, VF: Are Ralph Lauren, Foot Locker Safer Bets?</a>
 What Analysts Are Saying: Demand and guidance are two key areas in Under Armour's quarterly results that Telsey Advisory Group analyst Cristina Fernandez <a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45262278/under-armour-faces-tough-road-ahead-says-analyst">will be watching.</a>
The analyst reiterated a Market Perform rating and lowered the price target from $10 to $7 ahead of the quarterly results.
Fernandez said she will be watching to see how fiscal 2026 is shaping up and how consumers are responding to new product offerings.
The analyst also said Under Armour needs to talk about tariffs. The company previously said it gets only 3% of items from China, but is exposed to other Asian countries with tariffs.
For Fernandez to become more bullish on the stock, she said it would take details on the company's distribution strategies and more signs of revenue growth.
Freedom Capital Markets Chief Global Strategist Jay Woods offers a pun on the apparel stock ahead of quarterly financial results.
"For long-term shareholders of Under Armour, they would be better off hiding out, literally, under armor than trying to make money by owning the stock," Woods said in a weekly <a href="https://jaywoods.substack.com/">newsletter</a>.
Woods said the all-time high for the stock coincided with the height of the Golden State Warriors and Stephen Curry winning championships.
"Coming into earnings the company is trading just above all-time lows and is looking for a new catalyst to turn things around."
Woods said the good news is there is a "near-term opportunity to watch."
The market strategist highlighted technicals for the stock and the 20-day moving average being a point that has led to short-lived rallies. Woods said upward momentum could lead to a larger rally.
"It's not a pretty picture, but risk/reward metrics for a short-term trade and potential near-term bottom look possible."
Here are other recent <a href="https://www.benzinga.com/quote/UAA/analyst-ratings">analyst ratings on Under Armour </a>and their price targets:
<ul class="wp-block-list">
<li>UBS: Maintained Buy rating, raised price target from $7 to $8</li>
<li>Wells Fargo: Maintained Equal-Weight rating, lowered price target from $7 to $4</li>
<li>Citigroup: Maintained Neutral rating, lowered price target from $8 to $6</li>
</ul>
Key Items to Watch: Under Armour's quarterly results come in between quarterly reports from rival Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>).
Nike <a href="https://www.benzinga.com/25/03/44430536/bill-ackman-backed-nike-reports-worst-footwear-revenue-in-more-than-a-decade-takes-action-to-continue-liquidating-inventory-amid-grim-outlook">reported </a>a 12% year-over-year decline for footwear revenue, it's largest revenue decline on a year-over-year basis for the segment in more than a decade.
Under Armour reported footwear sales declined 9% year-over-year in <a href="https://www.benzinga.com/25/02/43527065/sportswear-company-under-armour-stocks-surge-on-upbeat-outlook">the third quarter</a>. Analysts and investors will be closely monitoring this category to see how the company's performance stacks up against Nike and to hear management's insights on new products, competition and market share.
International could be another key area to watch. Under Armour saw international revenue decline 1% year-over-year in the third quarter.
Tariffs will be a major talking point for analysts. Under Armour's report will come days after the United States and China agreed to a <a href="https://www.benzinga.com/government/regulations/25/05/45347089/wall-street-rips-higher-as-tariff-truce-halts-us-china-economic-escalation">reduction in tariffs </a>on goods imported to each country. The timing of the trade deal could play into Under Armour's favor, with the company now needing to account for only a smaller tariff amount if factoring this into guidance or commentary.
While many know that NBA star Steph Curry has a deal with Under Armour, the company continues to sign other athletes to endorsements. The company's latest deals include several 2025 NFL Draft Picks, <a href="https://about.underarmour.com/en-us/stories/2025/04/under-armour-signs-next-wave-of-football-elite-ahead-of-2025-nfl.html#:~:text=of%20the%20game.-,Cam%20Ward%2C%20Luther%20Burden%20III%2C%20Nick%20Emmanwori%2C%20Matthew%20Golden,2025%20NFL%20Draft%20and%20beyond.">including </a>first overall pick Cam Ward.
Expected to be the starting quarterback for the 2025 NFL season, Ward could become a superstar in the league and provide a boost to Under Armour.
"Joining Under Armour is more than just a sponsorship deal. It's a partnership," Ward said.
UAA Price Action: Under Armour stock was up 6% to $6.20 on Monday versus a 52-week trading range of $4.78 to $11.89. Under Armour stock is down 24.3% year-to-date in 2025, while shares are down around 10% in the last year.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/02/43565919/under-armours-q3-sales-remain-challenged-no-sight-of-positive-inflection-analysts-say">Under Armour Q3 Sales Remain Challenged, No Sight Of &#8216;Positive Inflection&#8217;: Analyst</a></li>
</ul>
Photo: Echo G/Shutterstock

Analyst Color

Previews

Reiteration

Trading Ideas

Under Armour Q4 Earnings Preview: Are Investors 'Better Off Hiding Out, Literally, Under Armor' Than Buying Stock?

The Dow Jones Industrial Average staged a powerful rally Monday, crossing its 200-day moving average for the first time since early April, as easing trade tensions between the U.S. and China injected a jolt of<a href="https://www.benzinga.com/government/regulations/25/05/45355655/magnificent-seven-gain-700b-after-us-china-slash-tariffs-gold-crashes-whats-driving-markets-monday"> optimism into global markets.</a>
The U.S. and China agreed to a 90-day truce by slashing triple-digit tariffs effective May 14. The Trump administration also agreed to hold more formal trade talks with Beijing after mounting signs of economic pressure on businesses and consumers.
The Dow Jones Industrial Average — as tracked by the Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) — surged 2.8%, or more than 1,100 points. By mid-afternoon, it reached 42,385 — its second-best day in the past six months, eclipsed only by the 7.8% rally on April 9 when President Donald Trump announced <a href="https://www.benzinga.com/government/regulations/25/05/45347089/wall-street-rips-higher-as-tariff-truce-halts-us-china-economic-escalation">the tariff suspension.</a>
The index's breakout above its 200-day moving average, a closely watched technical level, marked its first such move since the tariff escalation on April 2. 
The S&amp;P 500, likewise, gapped higher at the open, climbing toward 5,838 and holding above its 200-day moving average throughout the session.
Top Dow movers included:
<ul class="wp-block-list">
<li>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) up 8.12%</li>
<li>NIKE Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) up 7.07%</li>
<li>Merck &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) up 6.39%</li>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) up 6.30%</li>
<li>Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) up 5.57%</li>
</ul>
<h3 class="wp-block-heading">Fed Pivot Still Needed For Sustained Recovery, Analyst Says</h3>
While the bounce stoked investor enthusiasm, technical experts issued a note of caution. 
Adam Turnquist, chief technical strategist at LPL Financial, said the reclaiming of the 200-day moving average could "raise the probability of a sustained recovery," particularly by attracting systematic investors and trend-following funds back into the market.
Still, Turnquist warned that V-shaped recoveries tend to require policy pivots, "usually a dovish turn from the Fed," which remains unlikely. Fed Chair Jerome Powell has continued to emphasize patience, suggesting the central bank won&#8217;t rush to ease policy despite mounting macro headwinds.
Historically, the current bounce may not be out of the woods. 
According to LPL data, when the S&amp;P 500 falls 15% or more from a record high, the index tends to suffer an additional average and median drawdown of 18-19% over the following year. The benchmark breached that threshold on April 4 but has only dropped 5.5% since — the shallowest follow-through decline among 14 comparable instances since 1950.
Still, it&#8217;s not all gloom. Forward-looking returns after such deep pullbacks have been positive 64% of the time, with the 12-month average gain sitting around 8%, offering some hope for longer-term investors willing to stomach near-term volatility.
Now Read: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45353863/new-inflation-data-hits-tuesday-why-it-could-kill-fed-rate-cut-hopes">New Inflation Data Hits Tuesday: Why It Could Kill Fed Rate Cut Hopes</a></li>
</ul>
Image: Shutterstock

Equities

Government

Large Cap

Macro Economic Events

Regulations

Broad U.S. Equity ETFs

Econ #s

Economics

ETFs

AAPL

SPDR Dow Jones Industrial Average ETF Trust

Dow Jones Adds 1,000 Points, Breaks 200-Day Moving Average For First Time Since April 2 Tariff Shock

WIIM

COLM

CPRI

CROX

DECK

LULU

SHOO

Shares of apparel stocks are trading higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate supply chain uncertainty and macroeconomic uncertainty and help boost consumer sentiment.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/09/25</td>
<td>$285.00</td>
<td>$27.3K</td>
<td>4.5K</td>
<td>52.8K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/09/25</td>
<td>$195.00</td>
<td>$44.7K</td>
<td>20.7K</td>
<td>29.6K</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$40.00</td>
<td>$44.4K</td>
<td>13.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>CWH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$12.00</td>
<td>$133.0K</td>
<td>2.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$5.00</td>
<td>$30.6K</td>
<td>26.6K</td>
<td>814</td>
</tr>
<tr>
<td>EXPE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/09/25</td>
<td>$145.00</td>
<td>$28.0K</td>
<td>63</td>
<td>445</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$330.00</td>
<td>$48.5K</td>
<td>13.1K</td>
<td>441</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/17/27</td>
<td>$57.50</td>
<td>$329.0K</td>
<td>551</td>
<td>305</td>
</tr>
<tr>
<td>DUOL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$560.00</td>
<td>$33.2K</td>
<td>0</td>
<td>30</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/17/25</td>
<td>$6000.00</td>
<td>$314.4K</td>
<td>8</td>
<td>21</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on May 9, 2025. Parties traded 73 contract(s) at a $285.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $375.0 per contract. There were 4598 open contracts at this strike prior to today, and today 52834 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on May 9, 2025. This event was a transfer of 392 contract(s) at a $195.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $44.7K, with a price of $115.0 per contract. There were 20797 open contracts at this strike prior to today, and today 29631 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a call option sweep with bearish sentiment. It expires in 71 day(s) on July 18, 2025. Parties traded 257 contract(s) at a $40.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $44.4K, with a price of $173.0 per contract. There were 13074 open contracts at this strike prior to today, and today 1286 contract(s) were bought and sold. 
• Regarding CWH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWH#NYSE">CWH</a>), we observe a call option sweep with bearish sentiment. It expires in 99 day(s) on August 15, 2025. Parties traded 400 contract(s) at a $12.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $133.0K, with a price of $332.0 per contract. There were 2118 open contracts at this strike prior to today, and today 1006 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a put option sweep that happens to be bearish, expiring in 617 day(s) on January 15, 2027. This event was a transfer of 568 contract(s) at a $5.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $30.6K, with a price of $54.0 per contract. There were 26660 open contracts at this strike prior to today, and today 814 contract(s) were bought and sold. 
• For EXPE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on May 9, 2025. This event was a transfer of 330 contract(s) at a $145.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $85.0 per contract. There were 63 open contracts at this strike prior to today, and today 445 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a call option sweep with bullish sentiment. It expires in 43 day(s) on June 20, 2025. Parties traded 63 contract(s) at a $330.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $48.5K, with a price of $770.0 per contract. There were 13135 open contracts at this strike prior to today, and today 441 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a call option trade that happens to be bearish, expiring in 953 day(s) on December 17, 2027. This event was a transfer of 200 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $329.0K, with a price of $1645.0 per contract. There were 551 open contracts at this strike prior to today, and today 305 contract(s) were bought and sold. 
• For DUOL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>), we notice a put option trade that happens to be neutral, expiring in 43 day(s) on June 20, 2025. This event was a transfer of 5 contract(s) at a $560.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $6650.0 per contract. There were 0 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold. 
• Regarding BKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), we observe a call option sweep with bullish sentiment. It expires in 162 day(s) on October 17, 2025. Parties traded 20 contract(s) at a $6000.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $314.4K, with a price of $15800.0 per contract. There were 8 open contracts at this strike prior to today, and today 21 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CVNA

DKNG

DUOL

EXPE

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

An official report on May 7, 2025 reveals Senator Shelley M Capito's recent sale of Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) stock, valued between $2,002 and $30,000. The transaction took place on May 7, 2025, as per the May filing.
At this time, Target shares are trading up 1.2% at $96.64.
<h3>Senator's Recent Trading Activity</h3>
In the past three years, Shelley M Capito made 122 stock trades totaling more than $206 thousand. The largest trades involved stocks like Intel and Duke Energy. Their most notable trades made recently include key transactions: 
<ul>
<li>Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>): $1,001 - $15,000 Purchase</li>
<li>Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>): $1,001 - $15,000 Sale</li>
<li>Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>): $1,001 - $15,000 Sale</li>
</ul>
Here's a summary of Shelley M Capito's recent trades:
<table>
<thead>
<tr>
<th>Company</th>
<th>Ticker</th>
<th>Stock Type</th>
<th>Amount</th>
<th>Transaction Type</th>
<th>Transaction Date</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alphabet</td>
<td>GOOGL</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-04-29</td>
</tr>
<tr>
<td>Target</td>
<td>TGT</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>S</td>
<td>2025-04-11</td>
</tr>
<tr>
<td>Nike</td>
<td>NKE</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>S</td>
<td>2025-04-10</td>
</tr>
<tr>
<td>Meta Platforms</td>
<td>META</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-03-26</td>
</tr>
<tr>
<td>Constellation Energy</td>
<td>CEG</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-03-26</td>
</tr>
</tbody>
</table>
Stay informed on Shelley M Capito's trades and other members of Congress with our real-time <a href="https://www.benzinga.com/gov-trades/members/shelley-m-capito">government trades tracking tool</a>!
<h3>The Importance of Congressional Transactions</h3>
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
<h3>Why Congressional Transactions Matter</h3>
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Politics

General

GOOGL

A Congress Member Sold Up To $30K In Target Stock: Here's What You Need To Know

Whales with a lot of money to spend have taken a noticeably bullish 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 15 trades.
If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 46% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $745,330 and 7, calls, for a total amount of $376,441.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $55.0 to $70.0 for Nike during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Nike stands at 6182.73, with a total volume reaching 7,283.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Nike, situated within the strike price corridor from $55.0 to $70.0, throughout 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/2025/1746648061_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</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>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/17/25</td>
<td>$5.95</td>
<td>$5.85</td>
<td>$5.85</td>
<td>$57.50</td>
<td>$351.0K</td>
<td>1.5K</td>
<td align="right">600</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$4.15</td>
<td>$4.05</td>
<td>$4.05</td>
<td>$60.00</td>
<td>$101.2K</td>
<td>6.3K</td>
<td align="right">539</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$2.97</td>
<td>$2.92</td>
<td>$2.97</td>
<td>$55.00</td>
<td>$87.0K</td>
<td>2.3K</td>
<td align="right">168</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$8.65</td>
<td>$8.55</td>
<td>$8.65</td>
<td>$65.00</td>
<td>$77.8K</td>
<td>4.5K</td>
<td align="right">360</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$8.65</td>
<td>$8.55</td>
<td>$8.65</td>
<td>$65.00</td>
<td>$77.8K</td>
<td>4.5K</td>
<td align="right">270</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.
Having examined the options trading patterns of Nike, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Nike</h3>
<ul>
<li>Trading volume stands at 8,708,833, with NKE's price up by 2.68%, positioned at $58.57.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 50 days.</li>
</ul>
<h3>What Analysts Are Saying About Nike</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $63.8.
Turn $1000 into $1270 in just 20 days?
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&#x2A; Consistent in their evaluation, an analyst from Williams Trading keeps a Buy rating on Nike with a target price of $73. 
&#x2A; An analyst from Citigroup has decided to maintain their Neutral rating on Nike, which currently sits at a price target of $57. 
&#x2A; An analyst from Wells Fargo downgraded its action to Equal-Weight with a price target of $55. 
&#x2A; An analyst from Piper Sandler persists with their Overweight rating on Nike, maintaining a target price of $70. 
&#x2A; An analyst from Stifel has decided to maintain their Hold rating on Nike, which currently sits at a price target of $64. 
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://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Markets

Spotlight on Nike: Analyzing the Surge in Options Activity

Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) is shaking up its leadership structure in a bid to reinvigorate growth, but <a href="https://www.benzinga.com/topic/apparel">Wall Street remains cautious</a>.
Telsey Advisory Group analyst Cristina Fernandez on Tuesday reiterated a Market Perform rating on the shares of Nike and lowered the price forecast from $80 to $70.
Nike announced on <a href="https://www.benzinga.com/pressreleases/25/05/b45207157/nike-inc-announces-senior-leadership-changes-to-accelerate-growth-and-drive-win-now-action-plan">Monday that Heidi O'Neill</a>, President of Consumer, Product &amp; Brand, will retire after 26 years. The company will eliminate the role and split O&#8217;Neill&#8217;s previous duties into three functions:
<ul>
<li>Consumer and Sport</li>
<li>Marketing and</li>
<li>Product Creation.</li>
</ul>
The restructuring supports Nike's "Win Now" strategy, with longtime company veterans filling the newly created leadership roles.
Also Read: <a href="https://www.benzinga.com/markets/25/05/45195137/footwear-titans-nike-adidas-call-tariffs-an-existential-threat-appeal-to-trump-for-relief-this-is-an-emergency">Footwear Titans Nike, Adidas Call Tariffs An &#8216;Existential Threat&#8217;, Appeal To Trump For Relief: &#8216;This Is An Emergency&#8217;</a>
Nike, under new CEO Elliott Hill, has named several seasoned executives to new leadership roles. Amy Montagne is now president, overseeing consumer engagement and brand growth across all sports.
Nicole Graham is now EVP and Chief Marketing Officer, continuing to lead global brand efforts. Phil McCartney steps up as EVP, Chief Innovation, Design &amp; Product Officer. 
Additionally, Thomas Clarke becomes Chief Growth Initiatives Officer, while Jennifer Hartley is promoted to Chief Strategy Officer.
The analyst said Nike is still a few quarters away from stabilizing its business, but commend the company&#8217;s strategic efforts to improve inventory, refresh its product lineup, and rebuild wholesale relationships. 
However, structural challenges including a shift toward performance products, more wholesale exposure, and higher discounting are expected to pressure profits. 
The lowered price forecast reflects increased economic uncertainty and reduced earnings visibility. The analyst&#8217;s FY25 EPS estimate stands at $2.10 (FS at $2.13), with a sales decline of 10.9% to $45.8 billion.
Price Action: NKE shares traded lower by 0.52% at $57.05 at last check Tuesday.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/05/45194848/footwear-giant-skechers-to-go-private-in-more-than-9b-deal-with-3g-capital-stock-surges">Footwear Giant Skechers To Go Private At 30% Premium In PE Deal</a></li>
</ul>
Image: Shutterstock

Nike Revamps C-Suite, 'Win Now' Strategy Faces Profit Pressure: Analyst

Nike's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) short percent of float has risen 13.11% since its last report. The company recently reported that it has 50.42 million shares sold short, which is 5.35% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.37 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Nike Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746561651_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nike has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Nike's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Nike's peer group average for short interest as a percentage of float is 10.65%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Do Investors Really Feel About Nike?

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>Needham cut ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) price target from $57 to $50. Needham analyst Quinn Bolton maintained a Buy rating. ON Semiconductor shares closed at $38.41 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/ON/analyst-ratings">view this stock</a>.</li>
<li>Compass Point slashed the price target for MARA Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) from $25 to $9.5. Compass Point analyst Joe Flynn downgraded the stock from Neutral to Sell. MARA Holdings shares closed at $13.09 on Monday. <a href="https://www.benzinga.com/quote/MARA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Leerink Partners cut Vertex Pharmaceuticals Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) price target from $550 to $503. Leerink Partners analyst David Risinger downgraded the stock from Outperform to Market Perform. Vertex Pharmaceuticals shares closed at $500.19 on Monday. See how other analysts view <a href="https://www.benzinga.com/quote/VRTX/analyst-ratings">this stock</a>.</li>
<li>HC Wainwright &amp; Co. raised the price target for Solaris Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLSR#NYSE">SLSR</a>) from $10 to $11. HC Wainwright &amp; Co. analyst Heiko Ihle maintained a Buy rating. Solaris Resources shares closed at $4.33 on Monday. <a href="https://www.benzinga.com/quote/SLSR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Telsey Advisory Group slashed the price target for Ethan Allen Interiors Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETD#NYSE">ETD</a>) from $32 to $30. Telsey Advisory Group analyst Cristina Fernandez maintained a Market Perform rating. Ethan Allen Interiors shares closed at $29.13 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/ETD/analyst-ratings">view this stock</a>.</li>
<li>Rosenblatt raised Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) price target from $230 to $250. Rosenblatt analyst Mike Genovese maintained a Buy rating. Fabrinet shares settled at $220.90 on Monday. <a href="https://www.benzinga.com/quote/FN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Telsey Advisory Group cut NIKE, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) price target from $80 to $70. Telsey Advisory Group analyst Cristina Fernandez maintained a Market Perform rating. Nike shares closed at $57.35 on Monday. <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Canaccord Genuity cut Castle Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTL#NASDAQ">CSTL</a>) price target from $42 to $37. Canaccord Genuity analyst Kyle Mikson maintained a Buy rating. Castle Biosciences shares closed at $18.75 on Monday.  <a href="https://www.benzinga.com/quote/cstl/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan cut the price target for Twist Bioscience Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWST#NASDAQ">TWST</a>) from $40 to $33. JP Morgan analyst Rachel Vatnsdal maintained an Underweight rating. Twist Bioscience shares settled at $35.93 on Monday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan raised Quest Diagnostics Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) price target from $180 to $190. JP Morgan analyst Lisa Gill maintained a Neutral rating. Quest Diagnostics shares closed at $177.57 on Monday. <a href="https://www.benzinga.com/quote/DGX/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="581" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06080300/image-53-1024x581.png" alt="" class="wp-image-903102" style="width:591px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06080300/image-53-1024x581.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06080300/image-53-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06080300/image-53-768x436.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06080300/image-53.png 1116w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/05/45192607/jim-cramer-applied-materials-is-an-excellent-company-but-likes-this-tech-stock-more">Jim Cramer Says Applied Materials Is An &#8216;Excellent&#8217; Company, But Likes This Tech Stock More</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

CSTL

MARA

SLSR

TWST

VRTX

Nike To $70? Here Are 10 Top Analyst Forecasts For Tuesday

Telsey Advisory Group analyst Cristina Fernandez maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Market Perform and lowers the price target from $80 to $70.

Telsey Advisory Group Maintains Market Perform on Nike, Lowers Price Target to $70

The new Senior Leadership appointments will be effective immediately and include:
<ul>
<li>Amy Montagne, previously VP/GM Global Women's, has been promoted to President, Nike, responsible for obsessing and serving consumers across all sports and driving future growth for the Nike Brand.</li>
<li>Phil McCartney, formerly VP, Footwear, has been promoted to EVP, Chief Innovation, Design &amp; Product Officer responsible for the creation of innovative and coveted product, season-after-season. This includes how Nike, Jordan and Converse innovates, designs, and creates products for athletes around the world.</li>
<li>Nicole Graham, previously Chief Marketing Officer, has been promoted to EVP, Chief Marketing Officer, leading Nike, Jordan and Converse storytelling to inspire consumers and shape the brands for distinction through the passion and emotion of sport.</li>
<li>Tom Clarke, currently strategic advisor to the CEO and member of the SLT, has assumed the new role of Chief Growth Initiatives Officer.</li>
</ul>

Management

Nike Appoints Amy Montagne Has Been Promoted To President, Effective Immediately

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/09/25</td>
<td>$280.00</td>
<td>$27.2K</td>
<td>5.5K</td>
<td>53.9K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/09/25</td>
<td>$185.00</td>
<td>$38.6K</td>
<td>5.3K</td>
<td>12.2K</td>
</tr>
<tr>
<td>CMG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/13/25</td>
<td>$45.00</td>
<td>$309.8K</td>
<td>0</td>
<td>8.0K</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$50.00</td>
<td>$31.7K</td>
<td>23.5K</td>
<td>663</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$34.00</td>
<td>$96.9K</td>
<td>420</td>
<td>404</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$60.00</td>
<td>$31.5K</td>
<td>4.3K</td>
<td>368</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/30/25</td>
<td>$115.00</td>
<td>$110.6K</td>
<td>1</td>
<td>144</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$210.00</td>
<td>$32.4K</td>
<td>3.8K</td>
<td>107</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$240.00</td>
<td>$39.5K</td>
<td>300</td>
<td>80</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$275.00</td>
<td>$36.1K</td>
<td>260</td>
<td>61</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on May 9, 2025. Parties traded 32 contract(s) at a $280.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $850.0 per contract. There were 5504 open contracts at this strike prior to today, and today 53957 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option trade that happens to be bullish, expiring in 4 day(s) on May 9, 2025. This event was a transfer of 199 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $38.6K, with a price of $194.0 per contract. There were 5352 open contracts at this strike prior to today, and today 12233 contract(s) were bought and sold. 
• Regarding CMG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), we observe a put option sweep with neutral sentiment. It expires in 39 day(s) on June 13, 2025. Parties traded 6298 contract(s) at a $45.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $309.8K, with a price of $49.0 per contract. There were 0 open contracts at this strike prior to today, and today 8002 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on June 20, 2025. This event was a transfer of 481 contract(s) at a $50.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $31.7K, with a price of $66.0 per contract. There were 23584 open contracts at this strike prior to today, and today 663 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be bullish, expiring in 137 day(s) on September 19, 2025. This event was a transfer of 213 contract(s) at a $34.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $96.9K, with a price of $455.0 per contract. There were 420 open contracts at this strike prior to today, and today 404 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a put option sweep that happens to be bullish, expiring in 409 day(s) on June 18, 2026. This event was a transfer of 32 contract(s) at a $60.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $985.0 per contract. There were 4335 open contracts at this strike prior to today, and today 368 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a put option trade that happens to be bearish, expiring in 25 day(s) on May 30, 2025. This event was a transfer of 129 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $110.6K, with a price of $858.0 per contract. There were 1 open contracts at this strike prior to today, and today 144 contract(s) were bought and sold. 
• For DASH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), we notice a call option trade that happens to be neutral, expiring in 46 day(s) on June 20, 2025. This event was a transfer of 27 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $1200.0 per contract. There were 3849 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on June 20, 2025. Parties traded 10 contract(s) at a $240.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $39.5K, with a price of $3955.0 per contract. There were 300 open contracts at this strike prior to today, and today 80 contract(s) were bought and sold. 
• Regarding LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we observe a call option sweep with neutral sentiment. It expires in 11 day(s) on May 16, 2025. Parties traded 33 contract(s) at a $275.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $1096.0 per contract. There were 260 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Citigourp Global Markets 2% Protected Notes Linked To The Djia

10 Consumer Discretionary Stocks Whale Activity In Today's Session

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 $64 to $56.

JP Morgan Maintains Neutral on Nike, Lowers Price Target to $56

Leading American footwear companies, Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), Adidas (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ADDYY#OTC">ADDYY</a>), Skechers USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>), and others have approached President Donald Trump, seeking an exemption from tariffs, citing the risk of a potential industry collapse.
What Happened: The Footwear Distributors and Retailers of America trade association dispatched a letter dated April 29 to the White House, pleading for relief from Trump&#8217;s reciprocal tariffs. The letter, endorsed by 76 footwear companies, expressed that the tariffs present an &#8220;existential threat&#8221; to the industry, as per a <a href="https://www.cnbc.com/2025/05/02/nike-adidas-footwear-giants-ask-trump-for-tariff-exemption.html">CNBC report</a> on Friday.
The letter emphasized that businesses manufacturing affordable footwear for lower and middle-income families are incapable of absorbing high tariff rates or transferring&nbsp;these costs. Without swift support, many companies could be forced to shut down.
Trump&#8217;s tariffs, announced on April 2, imposed duties on several key countries for footwear sourcing, such as China, Vietnam, and Cambodia. The tariffs are scheduled to restart in early July.
The footwear association cautioned that the tariffs would not fulfill Trump&#8217;s promise of returning manufacturing to the U.S., as they eliminate the stability businesses need for investment in sourcing changes.
"This is an emergency that requires immediate action and attention,&#8221; stated the Association. &#8220;The American footwear industry does not have months to adjust business models and supply chains while absorbing this unprecedented and unforeseen tariff regime,&#8221; it added.
SEE ALSO: <a href="https://benzinga.com/news/25/05/45186124/peter-lynchs-market-observation-far-more-money-has-been-lost-by-investors-preparing-for-corrections-than-has" target="_blank" rel="noreferrer noopener">Peter Lynch&#8217;s Market Observation: &#8216;Far More Money Has Been Lost By Investors Preparing For Corrections, Than Has Been Lost In Corrections Themselves&#8217;</a>
Why It Matters: Earlier in April,&nbsp;Nike&#8217;s shares <a href="https://www.benzinga.com/news/global/25/04/44741043/nike-stock-tumbles-as-us-china-trade-war-intensifies-what-you-need-to-know">plummeted&nbsp;</a>by about 25% as the escalating trade war between the United States and China threatened the company&#8217;s supply chain. Nike imports a majority of its products from China, Vietnam, and Indonesia.
In April, Economist Peter Schiff <a href="https://www.benzinga.com/markets/equities/25/04/44640220/peter-schiff-says-nike-wont-build-factories-in-us-they-will-sell-to-countries-like-china-a-much-better-strategy-amid-trump-tariffs">cautioned </a>that Nike Inc. is unlikely to move its production to the U.S. despite new tariffs, forecasting increased prices and a decline in domestic sales for the footwear company.
Schiff wrote on X, "Nike won't build factories in the U.S. to make sneakers. That would add more cost than the 40% tariffs&#8230;The result will be fewer sneakers sold in the U.S. at much higher prices."
Additionally, Skechers <a href="https://www.benzinga.com/news/earnings/25/04/44996051/skechers-stock-falls-on-q1-revenue-miss-details">reported a revenue</a> <a href="https://www.benzinga.com/news/earnings/25/04/44996051/skechers-stock-falls-on-q1-revenue-miss-details">miss</a> in the first quarter, further indicating the strain on the footwear industry. The tariffs, if not lifted, could exacerbate these challenges for the industry. Even Adidas cautioned that tariffs would result in increased costs for American consumers.
Nike stock has climbed 5.36% over the past month, while that of Adidas surged 14.81% during the same period. 
Read More:
<ul>
<li><a href="https://benzinga.com/news/global/25/05/45188171/china-pushes-for-special-envoys-as-direct-deal-with-trump-deemed-risky-plans-fentanyl-concessions-as-" target="_blank" rel="noreferrer noopener">China Pushes For Special Envoys As Direct Deal With Trump Deemed &#8216;Risky&#8217;, Plans Fentanyl Concessions As Negotiating Leverage: Report</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

ADDYY

Footwear Titans Nike, Adidas Call Tariffs An 'Existential Threat', Appeal To Trump For Relief: 'This Is An Emergency'

<a href="https://www.bloomberg.com/news/articles/2025-05-02/nike-adidas-call-on-trump-to-exempt-footwear-from-tariffs">https://www.bloomberg.com/news/articles/2025-05-02/nike-adidas-call-on-trump-to-exempt-footwear-from-tariffs</a>

'Nike, Adidas Call on Trump to Exempt Footwear From Tariffs'- Bloomberg

As May opens for business, shell-shocked stock market investors are waving goodbye to April with both hands. While the major stock indexes have <a href="https://www.benzinga.com/markets/25/04/45027002/benzinga-bulls-and-bears-netflix-novavax-intel-and-the-market-begins-to-bounce-back">bounced back</a> moderately over the last week, stocks fell 11% at one point and declined 20% since mid-February, primarily due to <a href="https://www.benzinga.com/trading-ideas/25/04/45050322/how-youll-know-the-tariff-troubles-are-over">tariff troubles</a> affecting the global economy.
That's not all. Consumer spending was at a two-year low in the first quarter of 2025, while first-quarter US gross domestic product fell by 0.3%, fueling talk of a recession on the horizon.
Older traders are talking about a &#8220;Templeton Moment&#8221; right now, and likely with good reason. The term stems from legendary trader John Templeton, who famously borrowed $10,000 to buy shares in every company trading on the New York Stock Exchange for under $1 during a market trough in 1939, during the Great Depression. The list included 104 companies, including 34 that were bankrupt. A few years later, Templeton banked huge gains on all but four stocks when he sold.
Today&#8217;s market could be your opportunity for something similar.
"It doesn&#8217;t resemble a &#8216;Templeton Moment,&#8217; but I would be cautious," said Eugenia Mykuliak, founder and executive director at B2PRIME Group, a global financial services provider for institutional investors. "Today&#8217;s market has more nuances, and we're not close to an &#8216;extreme&#8217; pessimism, unlike the 1930s. Even though there are some well-valued stocks out there, that's certainly not an invitation to buy in bulk."
Unlike the 1930's, which saw economic indicators drag across the board, this market has largely fallen victim to one malady.
&#8220;Uncertainty has been generated by the announcement, delay, magnitude, and duration of tariffs," said Karl Farmer, portfolio manager at Rockland Trust Bank. "With over 40% of the S&amp;P 500's revenues coming from outside the US, the tariffs can have some big impacts on inventory management and purchase plans as producers and consumers face higher prices."
Resulting market uncertainty means less confidence in profit consistency and usually lower multiples that investors place on earnings.
"Higher costs likely lead to lower profits if sellers cannot pass on the price increases to their customers, or at a minimum, it leads to lower consumption," Farmer said. "A lower multiple coupled with lower profits means lower market levels. The longer the tariffs remain, the more likely there will be behavior changes by both producers and consumers, as many will seek alternatives if they believe that higher prices are not temporary."
If the delayed reciprocal tariffs are implemented in full and there have been few negotiated breakthroughs, "then we have not seen the bottom," Farmer added.
Here are today&#8217;s buying opportunities and what to look out for.
<h2 class="wp-block-heading">Stocks To Pounce On At Lower Market Levels</h2>
Templeton or no Templeton, when the markets slide significantly, there's always low-hanging fruit available, and the US stock market is no different. Here are a few names that stock market gurus like in a shallower pricing market.
British American Tobacco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTI#NYSE">BTI</a>). Sluggish stock markets spell opportunity for stocks that demonstrate good resilience amid uncertainty, especially those that turn to future-oriented technologies, Mykuliak said.
Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>). Mykuliak also likes stocks that offer investors a double dose of value.
"Shopify could be another good example of a perfect combination of AI and e-commerce, which are two powerful trends today," she said. "If merchants want to adapt to new retail realities, it&#8217;s a top choice for them."
Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>). According to Farmer, defensive sectors such as consumer staples and utilities have held up very well this year. "Presently, we favor some names in other areas that may have been overly punished, but could provide above-average returns for the patient investor," he said.
Nike tops that list. Nike is no quick fix for a 2025 portfolio, but it makes sense in this market.
"A pop could be had here if tariffs end quickly," Farmer said. "Nike did have issues even before tariffs, but it's a reinvigorating brand, and it's repairing relationships. Plus, Nike shares are down 70% from peak to 2017 levels, which provides a decent entry point."
Air Products and Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>). Air Products is a market leader in industrial gas trading at a big discount to competitor Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>). "Future growth is coming from new projects and clean energy transition," Farmer said. "Additionally, the company has a strong and predictable recurring revenue model with on-site plants and 20-year contracts." Thermo Fisher Scientific (NYSE: TMO) is a market leader in life sciences, diagnostics and instruments.
"The stock is off 30% in the last three months on fears of spending cutbacks from customers who rely on federal funding for research," Farmer notes. "It's trading at less than market multiples for better earnings growth. Meanwhile, clarity on federal funding should mark a bottom."
<h2 class="wp-block-heading">More Than A "Buy the Dip" Scenario</h2>
As uncertainty prevails in the stock market, money managers are taking a more defensive stance with their portfolios, with one eye on historical trends.
"Historically, when volatility spikes—as it did in early April—the equity markets tend to see large gains one year later," said Andrew Constantinides, a financial advisor at Neil Jesani Wealth Management. "In the short term, however, calling the bottom is much harder. Investors should always remember: There can always be more downside in the market—unless it's at zero."
Constantinides said his firm is primarily focused on value and international stocks.
"Both categories have underperformed U.S. growth stocks over the past 10 years," he noted. "But Q1 of 2025 showed the first real signs of a cycle shift back toward value and international leadership. We favor developed markets, such as Europe and Asia. Our current sector focus is energy and financials—companies with low price-to-earnings ratios and high earnings yield. We have almost no exposure to large-cap tech."
<h2 class="wp-block-heading">5 Dark Horse Stocks Most Investors Aren't Following (But Should)</h2>
Every Friday, five overlooked stocks land on our ‘Whisper Index.' Like Coinbase before it surged 245% higher. And the biotech breakthrough Insmed before it jumped 20% in a single month. Beat Wall Street to these next potential winners. Access the Whisper Index <a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}&amp;utm_adType=SponsorAd&amp;utm_ad=RD0505&amp;utm_campaign=commandcenter">HERE</a>.
Editorial content from our Expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
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