Where Will Nike Be in 5 Years?
Investors in (NYSE: NKE) wish to forget about the past five years. Since early January 2021, this consumer discretionary stock has seen its price collapse 55% (as of Jan. 8). For a business that inspires athletes to perform their very best, Nike has been failing in a remarkable fashion. But it's hoping it can turn things around.
Shares currently trade 63% below their peak. But where will Nike be in five years?
Image source: Nike.
Source Fool.com
Nike Inc. B Stock
€36.65
0.470%
With 80 Buy predictions and 2 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 66 € shows a very positive potential of 80.11% compared to the current price of 36.65 € for Nike Inc. B.
