Fintel reports that on February 7, 2025, Citigroup downgraded their outlook for NIKE (XTRA:NKE) from Buy to Neutral.
Analyst Price Forecast Suggests 22.30% Upside
As of January 29, 2025, the average one-year price target for NIKE is 85,05 €/share. The forecasts range from a low of 47,99 € to a high of 119,73 €. The average price target represents an increase of 22.30% from its latest reported closing price of 69,54 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for NIKE is 59,373MM, an increase of 21.22%. The projected annual non-GAAP EPS is 4.78.
What is the Fund Sentiment?
There are 3,223 funds or institutions reporting positions in NIKE. This is an decrease of 101 owner(s) or 3.04% in the last quarter. Average portfolio weight of all funds dedicated to NKE is 0.35%, an increase of 3.37%. Total shares owned by institutions increased in the last three months by 0.10% to 1,088,636K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 38,088K shares representing 3.22% ownership of the company. In its prior filing, the firm reported owning 38,267K shares , representing a decrease of 0.47%. The firm increased its portfolio allocation in NKE by 9.65% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 31,468K shares representing 2.66% ownership of the company. In its prior filing, the firm reported owning 31,092K shares , representing an increase of 1.19%. The firm increased its portfolio allocation in NKE by 9.24% over the last quarter.
Wellington Management Group Llp holds 27,442K shares representing 2.32% ownership of the company. In its prior filing, the firm reported owning 26,099K shares , representing an increase of 4.89%. The firm increased its portfolio allocation in NKE by 20.99% over the last quarter.
Geode Capital Management holds 25,029K shares representing 2.12% ownership of the company. In its prior filing, the firm reported owning 24,778K shares , representing an increase of 1.00%. The firm increased its portfolio allocation in NKE by 9.23% over the last quarter.
Capital World Investors holds 22,257K shares representing 1.88% ownership of the company. In its prior filing, the firm reported owning 5,729K shares , representing an increase of 74.26%. The firm increased its portfolio allocation in NKE by 333.25% over the last quarter.
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