NIKE's Premium Valuation: Overpriced Stock or Long-Term Value Bet?
Key Takeaways NIKE trades at a 30.94X forward P/E, above the industry average of 25.96X, raising valuation concerns.The stock has lost 17.5% YTD, and trades below both its 50- and 200-day moving averages.Management's "Win Now" and "Sport Offense" plans aim to restore growth amid tariffs and margin headwinds.NIKE Inc. (NKE) remains fundamentally strong, supported by decisive steps to reposition the business for sustainable, profitable long-term growth. However, its current forward 12-month price-to-earnings ...