Is Nike a Top Buy in 2025?
Like an athlete going through a slump, (NYSE: NKE) finds itself at a critical juncture. The sportswear giant's shares have tumbled nearly 30% over the prior 12 months, while the S 500 (SNPINDEX: ^GSPC) has delivered total returns of 27.5%, including dividends.
Despite the sharp decline, Nike's stock still commands a premium valuation at 30.8 times forward earnings. Let's break down the athletic apparel giant's fundamentals to determine if this contrarian setup presents a buying opportunity at the onset of 2025.
Image source: Getty Images.
Source Fool.com
Nike Inc. B Stock
€57.50
-0.330%
The stock is an absolute favorite of our community with 63 Buy predictions and no Sell predictions.
With a target price of 75 € there is a positive potential of 30.43% for Nike Inc. B compared to the current price of 57.5 €.
