RBC Capital analyst Piral Dadhania maintained Nike Inc (NYSE:NKE) with a Sector Perform and lowered the price target from $100 to $75.
Dadhania noted some complacency in assessing Nike's equity story in recent months. A combination of the Fragmentation Hypothesis, turning the fashion cycle away from Nike's core competency, and tougher comparatives than peers has created a perfect storm.
Dadhania had been cautious about Nike, noting that the product transition would be a multi-quarter process with guidance risk, confirmed by material earnings dilution post fiscal 2025 guidance.
Nike should emerge as a stronger company pursuing a more radical overhaul, which is necessary, as per the analyst. Nike has some heavy lifting to right-size key product franchises that are in decline and replace them with new styles, including refreshing entry-level ranges.
Nike requires better product visibility for the analyst to turn positive. The analyst also noted potential 2025 second-half earnings risk.
Dadhania expects fiscal 2025 revenue and adjusted EPS of $48.86 billion (prior $52.51 billion) and $2.99 (prior $3.88).
Deutsche Bank analyst Krisztina Katai maintained Nike with a Buy and lowered the price target from $115 to $92.
Nike Stock Prediction For 2024
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Nike have an average 1-year price target of $99.33, representing an expected upside of 32.02%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Nike, while 20 analysts have bullish ratings. The street high price target from Oppenheimer is $120.0, while the street low from RBC Capital is $75.0.
Price Action: NKE shares closed lower by 1.05% to $75.24 on Wednesday.
Photo via Shutterstock
RBC Capital分析师Piral Dadhania认为耐克公司(NYSE:NKE)属于板块表现一般并将其目标价从100美元下调至75美元。
Dadhania指出,近几个月来人们对于耐克的股票故事存在某种麻痹。Fragmentation Hypothesis、时尚周期偏离耐克的核心竞争力以及更加艰难的比较因素形成了完美的风暴。
Dadhania一直对耐克持谨慎态度,指出产品转型将是一个多季度的过程,并存在指导风险,而这一点在2025年财年指南后被实现了。
分析师认为,耐克公司应该通过更彻底的改革变得更为强大。耐克公司需要不遗余力地改善一些核心产品系列的规模,包括用新的款式替换它们,并更新入门级产品系列。
Dadhania希望耐克公司能够有更好的产品可见度,才能对其持积极态度。此外,分析师还指出,可能存在2025年下半年收益的风险。
Dadhania预计2025财年的营业收入和调整后每股收益将分别为488.6亿美元(之前为525.1亿美元)和2.99美元(之前为3.88美元)。
德意志银行分析师Krisztina Katai以买入评级维持耐克公司的目标价,从115美元下调至92美元。
2024年耐克股票预测
股票研究可以成为了解公司基本面信息的有价值来源。分析师基于公司未来收益的基本面和预期创建财务模型,以获得股价目标和股票建议。
耐克公司股票的平均一年价格目标为99.33美元,预计上涨32.02%。
由于假设的不同,分析师可能会得出非常不同的目标价和建议。没有分析师对耐克公司持看淡表态,而有20位分析师持看好评级。Oppenheimer的最高目标价为120.0美元,而RBC Capital的最低目标价为75.0美元。
价格行动:周三耐克公司股价下跌1.05%,至75.24美元。
图片来自shutterstock。