Nike Stock Drops 3.81% Despite Bullish Outlook and 44th Ranking in Trading Volume
1min read On March 28, 2025, nike Inc. (NKE) experienced a decline of 3.81% in its stock price, with a trading volume of 12.48 billion, ranking 44th in the day's market activity.
Analysts from Jefferies have expressed optimism about Nike's future, suggesting that the company is poised for a significant comeback. This positive outlook is supported by a "Buy" rating issued by the analysts, indicating confidence in Nike's potential for growth and recovery.
According to various analysts, Nike's stock is expected to see an upside of 38.01% over the next 12 months. This forecast is based on comprehensive analysis and market trends, highlighting the potential for substantial gains in the company's share price.
Equities analysts predict that Nike will report earnings of 2.05 per share for the current fiscal year. This projection underscores the company's financial health and its ability to generate consistent profits, which is a key factor in attracting investors.
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