Nike Inc. ($NKE) Stock Forecast: Down 7.9% Today

What is Nike Inc.?

Nike (NYSE: NKE) operates as a multinational corporation that designs, develops, and markets footwear, apparel, equipment, accessories, and services on a global scale. Recently, the stock witnessed a notable decline.

Why is Nike Inc. going down?

NKE stock is down 7.9% on Apr 10, 2025 17:21

• The escalation of the US-China trade tensions, resulting in an increased total tariff rate on Chinese goods to 145%, has had a negative impact on Nike's stock performance.
• While financial institutions displayed optimism towards Nike through options trading, the prevailing market sentiment turned bearish following the trade war developments.
• Concerns regarding the potential impact of impending tariffs proposed by President Trump, which could reduce Nike's earnings by up to 65%, likely contributed to the downtrend in the stock.
• Amidst the uncertainty surrounding trade policies, investors seem to be reassessing their positions in Nike relative to competitors like Adidas (ADDYY), leading to downward pressure on the stock.

NKE Price Chart

NKE Technical Analysis

NKE News

Nike Stock Tumbles As US-China Trade War Intensifies: What You Need To Know - Nike ( NYSE:NKE )

A White House official confirms that the total tariff rate against China has grown to 145%. Feel unsure about the market's next move? Copy trade alerts from Matt Maley-a Wall Street veteran who consistently finds profits in volatile markets. Claim your 7-day free trial now.

https://www.benzinga.com/news/global/25/04/44741043/nike-stock-tumbles-as-us-china-trade-war-intensifies-what-you-need-to-know

Smart Money Is Betting Big In NKE Options - Nike ( NYSE:NKE )

Financial giants have made a conspicuous bullish move on Nike. Our analysis of options history for Nike NKE revealed 34 unusual trades. Delving into the details, we found 55% of traders were bullish, while 35% showed bearish tendencies.

https://www.benzinga.com/insights/options/25/04/44715867/smart-money-is-betting-big-in-nke-options

ADDYY vs. NKE: Which Stock Should Value Investors Buy Now?

ADDYY vs. NKE: Which Stock Is the Better Value Option?

https://www.zacks.com/stock/news/2442036/addyy-vs-nke-which-stock-should-value-investors-buy-now

Trump Tariffs To Hurt Nike, Under Armour, VF: Are Ralph Lauren, Foot Locker Safer Bets? - Foot Locker ( NYSE:FL ) , Nike ( NYSE:NKE )

Trump's tariff plan could slash EPS by up to 65% for Nike, VF, and Under Armour, says Needham. Ralph Lauren and Foot Locker face lower tariff risks thanks to global reach and indirect exposure. With stocks plunging, steady income is key. Tim Melvin & Ryan Faloona reveal dividend stocks and ...

https://www.benzinga.com/trading-ideas/25/04/44672618/trump-tariffs-to-hurt-nike-under-armour-vf-are-ralph-lauren-foot-locker-safer-bets

Company News for Apr 7, 2025

Companies in The News Are: ...

https://www.zacks.com/stock/news/2441099/company-news-for-apr-7-2025

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Nike Inc. Price History

04.03.2025 - NKE Stock was down 5.2%

• The bearish movement in Nike's stock today can be attributed to various factors:
• Peter Schiff's warning about Nike not shifting production to the US despite tariffs could have raised concerns about increased costs and reduced domestic sales.
• The announcement regarding potential losses in Nike-themed NFTs might have impacted investor sentiment negatively.
• The news about significant bullish options activity in Nike could indicate conflicting market sentiments and uncertainty.
• The impact of reciprocal tariffs on Nike's footwear production in Vietnam could have added pressure on the stock due to concerns about increased costs and potential supply chain disruptions.

09.03.2025 - NKE Stock was up 9.2%

• Smart money is bullish on NKE options, with a majority of traders showing positive sentiment towards the stock.
• The comparison between ADDYY and NKE for value investors might have highlighted NKE's potential as a better value option, possibly driving more interest towards the stock.
• Despite concerns about Trump's tariffs impacting Nike's earnings, the market seems to have reacted positively to other factors, leading to a bullish movement in the stock.
• The overall market sentiment, influenced by Trump's tariff announcements and other geopolitical factors, might have played a role in NKE's strong bullish performance today.

03.03.2025 - NKE Stock was down 11.9%

• Nike (NKE) saw a downward trend in its performance today.
• The recent 46% reciprocal tariffs imposed on Vietnam, a key manufacturing hub for nearly half of Nike's footwear, likely influenced the stock's decline.
• The ongoing tariff conflict affecting apparel and footwear companies, like Steven Madden (SHOO), further affected Nike's stock.
• An investigation by the Rosen Law Firm into potential legal claims related to Nike-themed NFTs may have introduced uncertainty and a negative outlook on the stock, impacting its overall performance.

03.03.2025 - NKE Stock was down 10.9%

• The bearish movement in Nike's stock today could be attributed to the negative news surrounding the investigation by the Rosen Law Firm regarding potential state and federal law claims related to Nike-themed NFTs. This news might have created uncertainty and concern among investors, leading to a sell-off of the stock.
• Despite Nike's strong historical performance, the current focus on the legal implications of NFTs issued by RTFKT, Inc. could have overshadowed the positive long-term outlook for the company, resulting in the bearish market movement.
• Investors may be reacting to the potential risks associated with the investigation, causing a short-term dip in Nike's stock price. However, it's essential to monitor how the company addresses these concerns and whether it impacts its overall financial performance in the future.

08.03.2025 - NKE Stock was up 6.2%

• Today, Nike (NKE) saw a significant increase in its stock value, amid worries about trade policies. Here's an analysis of the situation:
• The rise in Nike's stock price is believed to stem from investor confidence in the company's global operations and its ability to manage potential trade challenges.
• Despite concerns about lower earnings per share due to trade policies, Nike's strategic decisions and market position appear to have eased investor apprehensions.
• Observers suggest that economist Peter Schiff's statement about Nike's manufacturing practices may have impressed investors, highlighting a focus on efficient global logistics.
• Market reactions indicate that Nike's steadfast long-term plans and brand strength are overshadowing short-term trade uncertainties, leading to today's positive stock performance.

10.03.2025 - NKE Stock was down 7.9%

• The escalation of the US-China trade tensions, resulting in an increased total tariff rate on Chinese goods to 145%, has had a negative impact on Nike's stock performance.
• While financial institutions displayed optimism towards Nike through options trading, the prevailing market sentiment turned bearish following the trade war developments.
• Concerns regarding the potential impact of impending tariffs proposed by President Trump, which could reduce Nike's earnings by up to 65%, likely contributed to the downtrend in the stock.
• Amidst the uncertainty surrounding trade policies, investors seem to be reassessing their positions in Nike relative to competitors like Adidas (ADDYY), leading to downward pressure on the stock.

07.01.2025 - NKE Stock was down 6.1%

• Adjustments in analysts' ratings and alterations in Nike's future prospects might have impacted investor confidence, resulting in the stock's decline.
• Although Nike has exceeded market performance in the last two decades, current market conditions and analyst decisions could have contributed to its recent drop.
• Despite a surge in optimistic options trading on Nike, it may not have sufficed to counterbalance prevailing negative market sentiment.
• The stock's steeper descent compared to the broader market suggests internal company factors could have intensified the downturn.

07.01.2025 - NKE Stock was down 6.5%

• The bearish movement in Nike's stock today can be attributed to a combination of factors:
• Nike's stock fell more than the broader market, indicating a -1.83% decline from the previous day's close. This underperformance may have spooked investors and triggered selling pressure.
• Concerns about Nike's growth trajectory have been raised, with supply-chain issues, rising costs, and weak sales in key markets weighing on its performance. These factors could be contributing to the negative sentiment surrounding the stock.
• The options frenzy observed among investors, with a bullish stance on Nike, may not have been enough to offset the broader market concerns and specific challenges facing the company.
• The fall below the 50 and 200-day moving averages could be seen as a technical signal of trouble ahead, prompting further selling among traders and investors looking to cut their losses or take profits.

11.02.2025 - NKE Stock was down 6.1%

• The bearish movement in Nike's stock today can be attributed to recent forecasts of continued pressure on profits in the sneaker industry, particularly highlighting discounts impacting Nike.
• Despite the overall market gaining, Nike lagged behind, possibly due to concerns raised by recent results, signaling ongoing challenges in the industry.
• The bullish options activity on Nike indicates some investors remain optimistic about the company's future prospects, suggesting a potential divergence in sentiment among market participants.

21.02.2025 - NKE Stock was down 9.7%

• Nike reported its worst footwear revenue in over a decade, despite beating third-quarter earnings and revenue expectations. This grim outlook for the fourth quarter likely contributed to the bearish movement in the stock.
• The investigation by law firms into potential claims related to Nike-themed NFTs issued by RTFKT, Inc. may have added to investor concerns and negatively impacted the stock price.
• Despite surpassing earnings and revenue estimates in Q3, the disappointing outlook for the future and ongoing investigations seem to have overshadowed the positive results, leading to the bearish market movement in Nike's stock today.

21.02.2025 - NKE Stock was down 6.1%

• Nike stock saw a significant drop today, reaching new 52-week lows, in response to its recent quarterly financial report which highlighted its weakest footwear revenue in more than ten years.
• Concerns have been raised by analysts regarding Nike's restructuring efforts, suggesting that a positive recovery may be a slow process.
• Despite surpassing expectations for third-quarter earnings and revenue, the bleak forecast for the fourth quarter has contributed to the prevailing pessimism surrounding Nike stock.
• The ongoing investigation into potential legal claims concerning Nike-themed NFTs issued by RTFKT, Inc. has further heightened uncertainty and downward pressure on the stock.

09.03.2025 - NKE Stock was down 7.3%

• Nike (NKE) recently faced a significant decline in its stock value, potentially linked to concerns about new global tariffs.
• The uncertainty surrounding the impact of these tariffs on Nike's earnings per share (EPS) might have resulted in a notable sell-off by investors.
• The stock's plunge could be attributed to investors reassessing their positions amid the tariff announcements.
• Market sentiment towards Nike seems to be bearish due to broader economic and political factors, overshadowing the company's intrinsic value.