Nike Stock Slides as Analyst Says Turnaround Will 'Take Time' [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
Several analysts dropped their price targets following the results, with one noting Nike's turnaround efforts will "take time." The results represented Nike's second quarter under new CEO Elliott Hill. Shares of Nike ( NKE ) tumbled Friday after the company delivered disappointing revenue guidance the day before, with several analysts opting to lower their price targets. The sneaker giant's turnaround effort under new CEO Elliott Hill is going to “take time,” JPMorgan analysts said, dropping their price target to $64 from $73. “We continue to anticipate a ‘crawl, walk, run' setup,” the analysts added, with investors likely having to wait until the back half of fiscal 2026 for Nike to start walking. On the company's earnings call, CFO Matt Friend said Nike's fiscal
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NKE
Earnings
- 3/20/25 - Beat
NKE
Sec Filings
- 3/20/25 - Form 8-K
- 3/10/25 - Form 8-K
- 2/18/25 - Form 4
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