Stock Market Today, April 2: Nike Shares Slide After Numerous Price Target Cuts From Wall Street [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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US:NYSE Investor Relations:
investors.nike.com/home/default.aspx
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Source: Yahoo! Finance
as analysts weigh its recent profit decline, a weak revenue outlook, and softness in China. Trading volume reached 59.4 million shares, coming in about 220% above its three-month average of 18.5 million shares. Nike IPO'd in 1980 and has grown 24,490% since going public. How the markets moved today The S&P 500 edged up 0.09% to 6,582, while the Nasdaq Composite added 0.18% to finish at 21,879. Within the athletic footwear and apparel industry, peers Adidas closed at $78.13 (-1.67%) and Puma finished at $2.48 (-4.62%), reflecting continued pressure across global sportswear brands. What this means for investors In the two trading days following Nike's Q3 earnings report, the sportswear giant has seen over 20 analysts cut their price targets on the company's stock. Wall Street's concerns include: management's guidance for a 3% sales decline in Q4, missing analysts' hopes for 2% growth Nike's delayed turnaround timeline continued margin pressures from tariffs, input costs, a
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NKE
Earnings
- 3/31/26 - Beat
NKE
Sec Filings
- 4/1/26 - Form 10-Q
- 3/31/26 - Form 8-K
- 3/27/26 - Form SCHEDULE
- NKE's page on the SEC website