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Where Will Nike Be in 5 Years?

TheMotleyFool 
0 0 10.01.26
Where Will Nike Be in 5 Years?Photo, wide shot, wide-angle lens, Clothing manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/7d69264d-49b2-466c-9987-b2706836d522.png
 

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.

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Source Fool.com

Nike Inc. B Stock

€35.75
1.650%
Nike Inc. B gained 1.650% today.
Our community is currently high on Nike Inc. B with 71 Buy predictions and 5 Sell predictions.
With a target price of 64 € there is a hugely positive potential of 79.02% for Nike Inc. B compared to the current price of 35.75 €.
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