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Nike (NKE) Stock Falls to 13-Year Low After Analyst Says Decline Is “Irreversible”
TLDR Nike shares fell more than 1% premarket Tuesday, putting the stock on track for a fresh 13-year low. Berenberg downgraded Nike to Sell from Hold and cut its price target to $27.50 from $49. Nike stock is down 47% in 2026 and 81% below its November 2021 record high. Only 26% of analysts...
5 Articles
5 Articles
Nike has lost almost 50 percent since the beginning of the year. Berenberg now ranks the share on "Sales" and sees a further 19 percent down potential.
(Teleborsa) - Berenberg has downgraded Nike shares to Sell from Hold, also lowering the target price to $27.50 from the previous $49. The broker has stated that Nike's plan to reduce the role...
Nike (NKE) Stock Falls to 13-Year Low After Analyst Says Decline Is “Irreversible”
TLDR Nike shares fell more than 1% premarket Tuesday, putting the stock on track for a fresh 13-year low. Berenberg downgraded Nike to Sell from Hold and cut its price target to $27.50 from $49. Nike stock is down 47% in 2026 and 81% below its November 2021 record high. Only 26% of analysts...
Coverage Details
Total News Sources5
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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