NKE Price Prediction Next Week
Based on the provided data and recent market developments, here's a comprehensive analysis for NKE's price prediction for next week:
Technical Analysis
The technical indicators show bearish signals:
- RSI at 47.91 indicates neutral to slightly bearish momentum
- MACD at -0.89 suggests continued downward pressure
- Price trading below both 20-day SMA ($73.27) and 200-day SMA ($81.61)
- Fibonacci levels indicate key resistance at $74.10 and support at $70.75
News Sentiment Analysis
- Recent news indicates significant challenges:
- Nike reported weak Q2 earnings with double-digit revenue decline
- New CEO Elliott Hill criticized previous strategies and emphasized refocusing on sports
- The company faces headwinds in North America and China markets
- Bill Ackman's recent investment through Pershing Square (16.2 million shares) provides some positive sentiment
Price Projection for Next Week Based on technical and fundamental factors:
- Resistance Level: $74.10 (Fibonacci R1)
- Support Level: $70.75 (Fibonacci S1)
- Most Likely Range: $71.50 - $73.50
Trading Recommendation SELL recommendation for next week based on:
- Bearish technical indicators
- Negative earnings guidance
- Continued market challenges in key regions
- Price likely to test support levels around $70.75
Target entry price: $73.50-74.00 Stop loss: $75.15 (above Fibonacci R2) Target exit: $71.00
The stock is expected to continue its downward trend next week due to persistent fundamental challenges and bearish technical signals. However, investors should note that Bill Ackman's significant position could provide some support to prevent dramatic declines.
NKE Similar Chart Price Prediction
The price of NKE is predicted to go up -3.85%, based on the high correlation periods with CIB. The similarity of these two price pattern on the periods is 97.93%.
NKE
CIB
Down: -3.85%Similarity: 97.93%
NKE Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
NKE Price Forecast($)
Potential Return(%)
2025
73.690
0.520
2026
90.000
22.770
2027
97.000
32.310
2028
110.000
50.050
2029
120.000
66.670
2030
120.000
66.670
What is NKE stock price prediction 2025 ?
What is NKE stock price prediction 2026 ?
What is NKE stock price prediction 2027 ?
What is NKE stock price prediction 2028 ?
What is NKE stock price prediction 2029 ?
What is NKE stock price prediction 2030 ?
NKE Revenue Forecast
NKE EPS Forecast
NKE FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
NKE VS S&P500
Although uneven of late, the global sportswear market should expand, especially in Asia and other developing areas. As the global share leader, Nike is positioned to benefit.
Nike's restructuring efforts to achieve $2 billion in cost cuts and its Triple Double strategy (increased innovation, direct-to-consumer sales, and speed) may improve margins and share.
We anticipate Nike's gross margins will rise consistently after dropping in fiscal 2023 through automation, e-commerce, and higher prices. Nike is pulling back from undifferentiated retailers to increase full-priced sales.
NKE Analyst's Forecast
Anna Andreeva
Piper Sandler
Hold → Buy
Price Target
$72 → $90
Upside
+26.4%
Piper Sandler analyst Anna Andreeva upgraded Nike to Overweight from Neutral with a price target of $90, up from $72. The firm says that while it is "possibly early with this call," Nike CEO Elliott Hill's "intensified urgency" to clean up the marketplace should translate to a more visible recovery story entering fiscal 2026 while buy-side sentiment remains negative. The company returning to "healthy, profitable growth" is likely four quarters away, the analyst tells investors in a research note. Piper thinks Hill getting in front of investors is the next catalyst on the stock, which it expects after the fiscal Q3 results.
Jay Sole
UBS
Hold
Price Target
$73
Upside
-5.12%
Jonathan Komp
Baird
Buy
Price Target
$110 → $105
Upside
+36.79%