The latest trading session saw Nike (NKE) ending at $96, denoting a -0.57% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 0.26%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 0.35%.The athletic apparel maker's stock has climbed by 6.17% in the past month, exceeding the Consumer Discretionary sector's gain of 0.59% and the S&P 500's gain of 3.25%.Analysts and investors alike will be keeping a close eye on the performance of Nike in its upcomi ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nike (NKE) .Nike currently has an average brokerage recommendatio ...

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images)NurPhoto via Getty Images[Note: Nike fiscal year ends in May]Nike’s stock (NYSE: NKE), a company designing, developing, and marketing footwear, apparel, equipment, and accessory products, currently trades at $94 per share, around 47% below its level of $176 seen on November 7, 2021 (pre-inflation shock high), and has the potential for gains. The athleisure giant is grappling wi ...

Nike (NKE) closed the latest trading day at $92, indicating a +0.27% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.03% for the day. Elsewhere, the Dow saw a downswing of 0.56%, while the tech-heavy Nasdaq appreciated by 0.59%.The athletic apparel maker's stock has dropped by 2.46% in the past month, falling short of the Consumer Discretionary sector's gain of 0.91% and the S&P 500's gain of 4.19%.Investors will be eagerly watching for the performance of ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by T ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nike (NKE) .Nike currently has an average brokerage recommendation (ABR) o ...

Nike (NKE) closed at $91.77 in the latest trading session, marking a -0.44% move from the prior day. This change lagged the S&P 500's 0.09% gain on the day. Meanwhile, the Dow experienced a drop of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.65%.Coming into today, shares of the athletic apparel maker had lost 2.49% in the past month. In that same time, the Consumer Discretionary sector gained 1.96%, while the S&P 500 gained 5.78%.Analysts and investors alike will be keeping a close eye o ...

In the latest market close, Nike (NKE) reached $92.72, with a +1.96% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.02%. Meanwhile, the Dow experienced a drop of 0.21%, and the technology-dominated Nasdaq saw an increase of 0.29%.The athletic apparel maker's stock has dropped by 1.15% in the past month, exceeding the Consumer Discretionary sector's loss of 1.98% and lagging the S&P 500's gain of 1.29%.Investors will be eagerly watching for the performance of Nike in ...

There's a lot for income investors to like with Nike, but its struggles can't be ignored.With the S&P 500 near record territory, investors might think that there aren't compelling buying opportunities being served up right now. While that's a rational way to think, it's just not true. Even some dominant and well-known businesses have taken a hit in recent times.For example, there's one dividend stock that's currently 47% off its peak price, which was set in November of 2021. Does this dip mean you should bu ...

Nike (NYSE: NKE) stock price is not doing well, making it one of the worst-performing name in the Dow Jones. It has crashed by over 47% from its highest level in 2021 and it formed a death cross on the weekly chart, pointing to more downside. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The stock has also underperformed Adidas, its biggest competitor, which has surged by over 139% from its lowest point in 2023. Altogether, Nike has risen by 12% in ...