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NIKE, Inc. (0QZ6.L)

LSE - LSE Delayed price. Currency in USD
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111.12+0.51 (+0.46%)
At close: 07:14PM BST
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Previous close110.61
Open109.52
BidN/A x N/A
AskN/A x N/A
Day's range108.94 - 111.43
52-week range82.24 - 131.00
Volume1,025
Avg. volume66,470
Market capN/A
Beta (5Y monthly)1.09
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Yahoo Finance Video

    Nike's one biggest catalyst for 2024: Analyst explains

    Bank of America upgrades Nike (NKE) shares to a Buy rating from a Neutral rating. Bank of America Securities Analyst Lorraine Hutchinson — who was behind the stock call — wrote that "estimates finally look achievable" and that the brand's valuation is "finally looking compelling" in her note to investors. Hutchinson sits down with Market Domination to discuss Nike's revised growth narrative as it makes some of its more sought-after Jordan shoes accessible and prepares for the tidal wave of exposure expected from the 2024 Summer Olympic Games. "What we expect is that newness and innovation to hit. We then anticipate a lot of marketing and demand creation spending in their first quarter ahead of the Olympics," Hutchinson states. "When we look back, Olympic quarters have grown about 500 basis points above a regular 1Q, because of all this effort, all this product. I think it's a really exciting time for Nike, and I think they will try to capitalize on that moment by really bring the innovation." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • Yahoo Finance

    New Balance CEO details the 'next big revolution' in sneakers

    New Balance CEO Joe Preston may not be a molecular biophysicist, but he knows that footwear innovation is the product of scientific research.

  • Yahoo Finance Video

    New Balance CEO Joe Preston’s strategy for the next ‘it’ shoe

    Joe Preston, CEO and President of New Balance, isn't resting on the brand's laurels and the success from the multi-year highs of demand for retro kicks. To take New Balance to the next level and compete with Nike (NKE) and Adidas (ADDYY), Preston is betting it all on innovative materials. Under Preston's leadership, New Balance has already outpaced Nike, Adidas, and Puma (PUM.DE) when it comes to revenue growth, with a 23% increase from 2022 to 2023. Preston, a New Balance veteran, began his career at the brand in 1995 and took the helm in 2018. For nearly thirty years, he's seen the company evolve from the maker of the “dad shoe” to everyone’s shoe. It has put him in a unique position to both understand the consumer’s wants and lead the brand's next evolution. "They're looking for new. They're looking for fresh. They're looking for authenticity. Those are all elements that we're trying to deliver and present to them," says Preston. Yahoo Finance got a rare look at New Balance's operation, from research all the way through to manufacturing, to see how Preston’s strategy of combining innovative technology, materials, and design are all part of his bid to create the next big "it" performance shoe. Lead This Way is an interview series that features frank conversations with today’s leaders. The series gives consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change and how they define success for themselves and their organizations. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday. Editor's Note: This article was written by Shelby Boamah.