Nike Inc Stock Price Prediction

NKE Stock  USD 94.13  1.55  1.67%   
At the present time, the relative strength index (RSI) of Nike's share price is approaching 47. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Nike, making its price go up or down.

Oversold Vs Overbought

47

 
Oversold
 
Overbought
Nike Inc stock price prediction is an act of determining the future value of Nike shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Nike's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Nike and does not consider all of the tangible or intangible factors available from Nike's fundamental data. We analyze noise-free headlines and recent hype associated with Nike Inc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Nike's stock price prediction:
Quarterly Earnings Growth
(0.03)
EPS Estimate Current Year
3.58
EPS Estimate Next Year
4.03
Wall Street Target Price
111.23
EPS Estimate Current Quarter
0.68
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Nike based on different types of headlines from major news networks to social media. The Nike stock price prediction module provides an analysis of price elasticity to changes in media outlook on Nike over a specific investment horizon. Using Nike hype-based prediction, you can estimate the value of Nike Inc from the perspective of Nike response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Nike using Nike's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Nike using crowd psychology based on the activity and movement of Nike's stock price.

Nike Short Interest

A significant increase or decrease in Nike's short interest from the previous month could be a good indicator of investor sentiment towards Nike. Short interest can provide insight into the potential direction of Nike stock and how bullish or bearish investors feel about the market overall. An investor who is long Nike may also wish to track short interest. As short interest increases, investors should be becoming more worried about Nike and may potentially protect profits, hedge Nike with its derivative instruments, or be ready for some potential downside.
200 Day MA
104.5767
Short Percent
0.0155
Short Ratio
1.88
Shares Short Prior Month
13.8 M
50 Day MA
101.467

Nike Inc Hype to Price Pattern

Investor biases related to Nike's public news can be used to forecast risks associated with an investment in Nike. The trend in average sentiment can be used to explain how an investor holding Nike can time the market purely based on public headlines and social activities around Nike Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Nike's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Nike.

Nike Implied Volatility

    
  51.07  
Nike's implied volatility exposes the market's sentiment of Nike Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nike's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nike stock will not fluctuate a lot when Nike's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Nike. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Nike to buy its stock at a price that has no basis in reality. In that case, they are not buying Nike because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Nike after-hype prediction price

    
  USD 94.49  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Nike contract

Based on the Rule 16, the options market is currently suggesting that Nike Inc will have an average daily up or down price movement of about 3.19% per day over the life of the 2024-03-28 option contract. With Nike trading at USD 94.13, that is roughly USD 3.0 . If you think that the market is fully incorporating Nike's daily price movement you should consider acquiring Nike Inc options at the current volatility level of 51.07%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Nike Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nike's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
84.72104.96106.55
Details
Naive
Forecast
LowNextHigh
91.6693.2594.84
Details
39 Analysts
Consensus
LowTargetHigh
102.45112.58124.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.860.790.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nike. Your research has to be compared to or analyzed against Nike's peers to derive any actionable benefits. When done correctly, Nike's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nike Inc.

Nike After-Hype Price Prediction Density Analysis

As far as predicting the price of Nike at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Nike or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Nike, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Nike Estimiated After-Hype Price Volatility

In the context of predicting Nike's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nike's historical news coverage. Nike's after-hype downside and upside margins for the prediction period are 92.90 and 96.08, respectively. We have considered Nike's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
94.13
94.49
After-hype Price
96.08
Upside
Nike is very steady at this time. Analysis and calculation of next after-hype price of Nike Inc is based on 3 months time horizon.

Nike Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Nike is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nike backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Nike, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21 
1.61
  0.31 
  0.07 
10 Events / Month
7 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
94.13
94.49
0.38 
110.27  
Notes

Nike Hype Timeline

On the 28th of March Nike Inc is traded for 94.13. The entity has historical hype elasticity of 0.31, and average elasticity to hype of competition of -0.07. Nike is forecasted to increase in value after the next headline, with the price projected to jump to 94.49 or above. The average volatility of media hype impact on the company the price is about 110.27%. The price growth on the next news is projected to be 0.38%, whereas the daily expected return is now at -0.21%. The volatility of related hype on Nike is about 483.48%, with the expected price after the next announcement by competition of 94.06. The company reported the last year's revenue of 51.22 B. Total Income to common stockholders was 5.07 B with profit before taxes, overhead, and interest of 21.48 B. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days.
Check out Nike Basic Forecasting Models to cross-verify your projections.

Nike Related Hype Analysis

Having access to credible news sources related to Nike's direct competition is more important than ever and may enhance your ability to predict Nike's future price movements. Getting to know how Nike rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Nike may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MBUUMalibu Boats(3.02)8 per month 0.00 (0.14) 3.62 (5.16) 20.87 
MCFTMCBC Holdings(0.31)9 per month 2.45 (0.05) 3.68 (3.21) 12.10 
BCBrunswick 1.03 7 per month 1.85 (0.07) 2.74 (3.05) 9.44 
RLRalph Lauren Corp(0.77)8 per month 1.21  0.10  2.03 (2.36) 20.47 
UAUnder Armour C(0.01)8 per month 0.00 (0.18) 3.54 (4.10) 15.25 
DOGZDogness International Corp 0.05 4 per month 10.99  0.1  25.25 (17.96) 111.90 
MICSThe Singing Machine 0.00 6 per month 4.84 (0.02) 6.78 (8.00) 45.77 
DOOOBRP Inc(0.58)10 per month 0.00 (0.14) 3.07 (4.29) 8.53 
VEEETwin Vee Powercats 0.02 6 per month 0.00 (0.12) 7.76 (7.14) 20.41 
MODGCallaway Golf 0.26 7 per month 2.14  0.03  3.87 (3.61) 15.20 

Nike Additional Predictive Modules

Most predictive techniques to examine Nike price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nike using various technical indicators. When you analyze Nike charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Nike Predictive Indicators

The successful prediction of Nike stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nike Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nike based on analysis of Nike hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Nike's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nike's related companies.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio31.0432.2128.9918.47
Short Term Coverage Ratios5.5813.5512.216.42

Story Coverage note for Nike

The number of cover stories for Nike depends on current market conditions and Nike's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nike is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Nike's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Nike Short Properties

Nike's future price predictability will typically decrease when Nike's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nike Inc often depends not only on the future outlook of the potential Nike's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nike's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.6 B
Cash And Short Term Investments10.7 B
When determining whether Nike Inc is a strong investment it is important to analyze Nike's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nike's future performance. For an informed investment choice regarding Nike Stock, refer to the following important reports:

Complementary Tools for Nike Stock analysis

When running Nike's price analysis, check to measure Nike's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nike is operating at the current time. Most of Nike's value examination focuses on studying past and present price action to predict the probability of Nike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nike's price. Additionally, you may evaluate how the addition of Nike to your portfolios can decrease your overall portfolio volatility.
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Is Nike's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
1.42
Earnings Share
3.4
Revenue Per Share
33.831
Quarterly Revenue Growth
0.003
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.