Nike Q4 EPS $0.12, Revenue $10.85B; JPMorgan Slashes PT to $47
NKE is trading near its 52-week low of $40 (3.8% above the low).
Summary
Nike reported fiscal Q4 EPS of $0.12 and revenue of $10.85 billion, both representing year-over-year declines. This follows a previous report on May 21st that indicated a 12% year-over-year decline in Q4 FY2025 revenue and $0.14 diluted EPS, suggesting a slightly worse final outcome. JPMorgan subsequently cut its price target to $47 from $52, citing weaker channel checks and slowing momentum. The confirmed Q4 declines and the analyst downgrade reinforce concerns about Nike's ongoing turnaround efforts and slowing momentum, particularly after previous warnings about market conditions and internal restructuring.
At the time of this announcement, NKE was trading at $41.52 on NYSE in the Trade & Services sector, with a market capitalization of approximately $61.4B. The 52-week trading range was $40.00 to $80.17. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.