Nordea Investment Management AB and several other wealth management firms have reportedly reduced their stake in Nike, including Lancaster Investment Management and Smithbridge Asset Management. However, institutions such as BTIG and Bank of America Securities have initiated and maintained a Buy rating on Nike respectively. Nike's CEO remarked that the company's turnaround would take some time which outlines a persistent focus on innovation, competition, and consistent dividend growth. Despite concerns over tariffs, Nike's strong turnaround signals repel short-term risks. Nike's digital pivot amidst trade uncertainties aims to revive its growth story. The company recently posted surprising sales growth, although it did warn of a potentially slow holiday season and bigger than expected tariff hits. Despite some sell-offs, investors remain confident in Nike's growth potential. Business experts predict an improvement in the stock's value following recent momentum shifts. The company's 'Win Now' turnaround strategy is delivering results, but there are warnings not to rush into purchasing Nike stocks.
Nike Stocks NKE News Analytics from Wed, 25 Jun 2025 07:00:00 GMT to Sat, 18 Oct 2025 09:10:13 GMT -
Rating 4
- Innovation -3
- Information 6
- Rumor -6
