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Nike Stock Price Prediction [Forecast] 2024, 2025, 2030, 2040, 2050

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The capacity to innovate and adapt in the face of intense market competition is a hallmark of Nike, Inc. (NYSE: NKE), the world’s leading manufacturer of athletic footwear and apparel. Nike is drawing in investors from all around the globe because to its formidable brand recognition, smart alliances, and dedication to digital change.

Examining important financial indicators and market trends that may impact Nike’s future performance, this article explores the company’s stock price projections for the years 2024, 2025, 2030, 2040, and 2050.

Fundamental Table

MetricValue (Latest)
Current Stock Price$73.36
Market Capitalization$109.20 billion
P/E Ratio21.02
EPS (Earnings per Share)$3.49
Dividend Yield1.38%
Shares Outstanding1.49 billion
Year High (52-week)$123.39
Year Low (52-week)$70.75

Key Metrics Table

YearLow Price ($)Average Price ($)High Price ($)Change (%) from Current Price
202483.6195.73107.85+25%
202593.50102.34138.06+33%
203096.03121.62172.44+65%
2040138.63147.51148.27+92%
2050150.84165.33172.44+115%

What is Nike Inc NYSE: NKE?

Among the many sports footwear, clothes, accessories, and equipment categories, Nike Inc. (NYSE: NKE) stands head and shoulders above the competition. Nike, Inc. was rebranded from Blue Ribbon Sports in 1971. The firm, which had been around since 1964, is well-known for its groundbreaking goods and memorable branding, such as the “Just Do It” motto and the Swoosh emblem. Fans of Air Max, Jordan, and Converse are just a few of Nike’s well-known product lines that appeal to a wide variety of consumers. With its “Move to Zero” drive to reduce waste and carbon emissions, Nike, headquartered in Beaverton, Oregon, is dedicated to sustainability. The company works in more than 190 countries.

Company Overview

  • Founded: 1964
  • Headquarters: Beaverton, Oregon, USA
  • Market Capitalization: Approximately $109.20 billion
  • Current Share Price: $73.36
  • Industry: Consumer Discretionary (Athletic Footwear & Apparel)

Stock Price Prediction Tomorrow

Current Price ($)Predicted Max Price ($)Predicted Min Price ($)
73.36+7.50 (75.86)-5.50 (71.86)

Nike Stock Price Prediction 2024

When it comes to sports footwear, gear, and accessories, Nike, Inc. (NYSE: NKE) is unrivaled. Strategic emphasis on e-commerce and sustainability, together with the company’s creative product offerings, have helped build significant brand equity. The rising demand for athleisure apparel, Nike’s growth into new regions, and the company’s ongoing investment in digital transformation are all variables that might impact the stock price of Nike in 2024. Also contributing to the company’s bottom line are its sustainability practices and efforts to sell directly to consumers. But it can be hindered by problems like economic uncertainty and sportswear market competitiveness.

YearMinimum Price ($)Maximum Price ($)
202468.00130.00

Based on our analysis, Nike’s stock price in 2024 is projected to range between $68.00 and $130.00.

MonthMinimum Price ($)Maximum Price ($)
November71.8695.86
December75.8697.86

Nike Stock Price Prediction 2025

In 2025, Nike, Inc. (NYSE: NKE) is anticipated to maintain its upward trend in revenue thanks to its commanding market share and well-planned initiatives. The company’s success will be greatly influenced by its emphasis on innovation, sustainability, and digital transformation. Profitability might be further increased by using data analytics to improve customer experiences and by increasing its direct-to-consumer sales channels. Inflation, international economic circumstances, and sportswear industry competitiveness are all examples of macroeconomic concerns that could be problematic. All things considered, this indicate that Nike’s stock price will rise consistently all through 2025.

YearMinimum Price ($)Maximum Price ($)
202571.86139

Based on our analysis, Nike’s stock price in 2025 is projected to range between $71.86 and $139.00 .

MonthMinimum Price ($)Maximum Price ($)
January71.8693.86
February73.5095.50
March75.00106.00
April76.50103.00
May78.00105.00
June79.50107.00
July81.00109.00
August82.50111.00
September84.00123.00
October85.50125.00
November87.00137.00
December88.50139.00

Stock Price Prediction 2026

It is expected that Nike will continue to dominate the sports footwear and apparel business in 2026. Additional expansion is anticipated as a result of the company’s dedication to innovation, sustainability, and growing its digital ecosystem. As the market for fitness and athleisure goods continues to grow across the world, Nike’s strategic objectives and devoted customer base have the potential to increase the company’s stock price. Nevertheless, price changes might be impacted by outside forces including economic circumstances and market competition.

YearMinimum Price (USD)Maximum Price (USD)
202685.00250.00

Our research indicates that in 2026, the stock price of Nike might be anywhere from $85.00 to $250.00.

MonthMinimum Price (USD)Maximum Price (USD)
January85.00180.00
February86.00182.00
March87.00184.00
April88.00186.00
May89.00188.00
June90.00190.00
July92.00192.00
August94.00195.00
September96.00200.00
October100.00210.00
November105.00225.00
December110.00250.00

Nike Stock Price Prediction 2030

We expect Nike to further establish itself as the world’s preeminent sports footwear and clothing brand by the year 2030. Growth in the long run is anticipated to be driven by the company’s emphasis on innovation, sustainability, and digital transformation. More people are likely to buy Nike products because of the company’s efforts to lessen its impact on the environment and use innovative technologies. Crucial growth drivers will also include penetrating new markets and retaining a dominant position in existing ones. Nevertheless, stock performance may be impacted by external variables like competition and global economic circumstances.

YearMinimum Price (USD)Maximum Price (USD)
2030350.00550.00

We estimate that, in 2030, the stock price of Nike will be between $350.00 and $550.00.

MonthMinimum Price (USD)Maximum Price (USD)
January350.00460.00
February355.00465.00
March360.00470.00
April365.00475.00
May370.00480.00
June375.00485.00
July380.00490.00
August385.00500.00
September390.00510.00
October400.00520.00
November420.00540.00
December430.00550.00

Stock Price Prediction 2040

By 2040, Nike is expected to keep growing thanks to its dedication to sustainability, development in developing markets, and innovative spirit. As a result of its efforts in digital transformation, automated production, and environmentally friendly materials, Nike is anticipated to have greatly improved its operational efficiency and brand appeal by this point. The company’s long-term performance is undoubtedly aided by its strategic partnerships with technological businesses and its supremacy in the sports apparel sector. Stock performance may be impacted by external variables including global economic circumstances and competitive challenges.

YearMinimum Price (USD)Maximum Price (USD)
2040650.00850.00

Our research indicates that the price of Nike stock in 2040 may go as high as $850.00.

MonthMinimum Price (USD)Maximum Price (USD)
January650.00760.00
February655.00765.00
March660.00770.00
April665.00775.00
May670.00780.00
June675.00785.00
July680.00790.00
August685.00800.00
September690.00810.00
October700.00820.00
November720.00840.00
December730.00850.00

Stock Price Prediction 2050

Nike is anticipated to dominate the sports clothing and footwear business by 2050. The company’s long-term commitment on innovation, sustainability, and digital integration may secure its market leadership. Technology may allow Nike to meet customer needs with AI-driven product customisation, smart wearables, and sustainable manufacturing. Additionally, its presence in developing areas should boost its growth. Macroeconomic considerations and rising competition may still cause problems.

YearMinimum Price (USD)Maximum Price (USD)
2050950.001200.00

Nike’s stock price in 2050 is anticipated to reach $950 – $1200, according to our estimate.

MonthMinimum Price (USD)Maximum Price (USD)
January950.001060.00
February960.001070.00
March970.001080.00
April980.001090.00
May990.001100.00
June1000.001110.00
July1010.001120.00
August1020.001130.00
September1030.001150.00
October1050.001170.00
November1070.001190.00
December1080.001200.00

Is Nike Stock Good To Buy? (Bull Case & Bear Case)

Bull Case:

  • Global presence and brand equity fuel Nike’s sustained revenue growth.
  • Digital transformation and direct-to-consumer initiatives improve profits.
  • Expanding into newer markets generates money.
  • Brand reputation and operational efficiency improve with sustainable manufacturing.
  • Tech-integrated product innovation boosts client loyalty.

Bear Case:

  • Adidas and Under Armour compete fiercely for market share.
  • Inflation and currency changes reduce demand.
  • Supply chain interruptions cause inventory and margin strain.
  • Adapting to rapidly changing customer tastes is difficult.
  • Nike’s foreign dependence puts company at geopolitical danger.

Overall Prediction Table:

YearMinimum Price (USD)Maximum Price (USD)
202468.00130.00
202571.86139
202685.00150.00
2030350.00550.00
2040650.00850.00
2050950.001200.00

Key Details About Nike Inc Stock

MetricValue
Stock SymbolNKE
Current Price (as of Nov 20, 2024)$73.36
Market Capitalization$109.20 billion
P/E Ratio (TTM)21.02
EPS (Earnings Per Share)$3.49
Dividend Yield1.38%
52-Week High$123.39
52-Week Low$70.75
Day Range (Low/High)$72.71 / $73.80
Shares Outstanding1.49 billion

Nike Inc Stock Financial (Balance Sheet)

Category2024 (in millions USD)
Cash and equivalents9,860.0
Short-term investments1,722.0
Accounts receivable, net4,427.0
Inventories7,519.0
Prepaid expenses and other current assets1,854.0
Total Current Assets25,382.0
Property, plant and equipment, net5,000.0
Operating lease right-of-use assets, net2,718.0
Identifiable intangible assets, net259.0
Goodwill240.0
Deferred income taxes and other assets4,511.0
Total Assets38,110.0
Current portion of long-term debtN/A
Notes payable6.0
Accounts payable2,851.0
Current portion of operating lease liabilities477.0
Accrued liabilities5,725.0
Income taxes payable534.0
Total Current Liabilities10,593.0
Long-term debt7,903.0
Operating lease liabilities2,566.0
Deferred income taxes and other liabilities2,618.0
Shareholders’ equity14,430.0

Key Performance Indicator

Nike measures success by ROI, marketing campaign efficacy, and customer engagement.

  • The company’s KPIs include carbon footprint reduction and sustainable sourcing.
  • Analytical insights help Nike optimize marketing budget and boost customer engagement by 10%.
  • Surveys measure employee happiness and engagement, with 67% expressing appreciation for their work.
  • Nike employs KPIs to assess supply chain effectiveness and deliver items quickly to suit client needs.

Comparison With Listed Peers

CompanyStock Price (USD)Market Capitalization (USD)P/E Ratio1-Year Total Returns (%)Revenue (2022, USD Billion)
Nike Inc. (NKE)73.36109.20 billion21.02+22.346.7
Adidas AG (ADDYY)140.0054.6 billion27.8-16.522.5
Puma SE70.0015.0 billion25.0+12.07.0
Under Armour (UAA)22.2510.6 billion23.7+31.65.7

Positive & Negative Factors To Invest In Nike Inc Stock

Positive Factors:

  • Strong brand equity and worldwide awareness keep consumers loyal and revenue growing for Nike.
  • Sustainability and innovation position the firm for long-term market relevance.
  • Its stable operations are supported by constant free cash flow and double-digit profit margins.
  • Athlete endorsements and marketing initiatives help Nike dominate the apparel industry.
  • Long-term investors may consider the stock’s historically low value.

Negative Factors:

  • Competition from Adidas, Under Armour, and new brands lowers market share and profitability.
  • Economic issues like inflation and a strong currency affect demand and profitability.
  • Supply chain interruptions and inventory management concerns provide short-term financial threats.
  • Nike faces geopolitical and foreign currency concerns due to its global presence.
  • Consumer discretionary equities are cyclical, making them vulnerable to economic downturns.

Conclusion

Nike Inc. dominates the worldwide sportswear and footwear business with its strong brand equity, innovation, and strategic initiatives. Many investors like Nike because its emphasis on sustainability, digital transformation, and global development prepares company for long-term success despite macroeconomic problems and competition.

FAQs

Nike is a good long-term investment because to its brand recognition, innovation, and sustainability. Its worldwide market position and ability to react to consumer trends make it resilient to economic volatility, but investors should consider short-term risks including competition and supply chain concerns.

Nike’s direct-to-consumer approach, digital transformation, creative product introductions, and developing market development fuel growth. Sustainable production and athlete endorsements boost its market standing.

Competitive pressure from Adidas and Under Armour, supply chain disruptions, multinational operations, and dependence on discretionary consumer spending, which fluctuates with the economy, are major issues.

Nike distributes dividends regularly. The dividend yield is 1.38%, indicating the company’s commitment to providing value to investors while keeping financial flexibility for development.

Nike has consistently grown sales and profit. Despite inflation and global economic uncertainty, it reported $46.7 billion in sales and a strong balance sheet with cash reserves in fiscal 2024.

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