Nike Confronts Market And Product Transition Risks, Analyst Warns
Nike Confronts Market And Product Transition Risks, Analyst Warns
RBC Capital analyst Piral Dadhania maintained Nike Inc (NYSE:NKE) with a Sector Perform and lowered the price target from $100 to $75.
RBC Capital分析師Piral Dadhania認爲耐克公司（NYSE:NKE）屬於板塊表現一般並將其目標價從100美元下調至75美元。
Dadhania noted some complacency in assessing Nike's equity story in recent months. A combination of the Fragmentation Hypothesis, turning the fashion cycle away from Nike's core competency, and tougher comparatives than peers has created a perfect storm.
Dadhania指出，近幾個月來人們對於耐克的股票故事存在某種麻痹。Fragmentation Hypothesis、時尚週期偏離耐克的核心競爭力以及更加艱難的比較因素形成了完美的風暴。
Dadhania had been cautious about Nike, noting that the product transition would be a multi-quarter process with guidance risk, confirmed by material earnings dilution post fiscal 2025 guidance.
Dadhania一直對耐克持謹慎態度，指出產品轉型將是一個多季度的過程，並存在指導風險，而這一點在2025年財年指南後被實現了。
Nike should emerge as a stronger company pursuing a more radical overhaul, which is necessary, as per the analyst. Nike has some heavy lifting to right-size key product franchises that are in decline and replace them with new styles, including refreshing entry-level ranges.
分析師認爲，耐克公司應該通過更徹底的改革變得更爲強大。耐克公司需要不遺餘力地改善一些核心產品系列的規模，包括用新的款式替換它們，並更新入門級產品系列。
Nike requires better product visibility for the analyst to turn positive. The analyst also noted potential 2025 second-half earnings risk.
Dadhania希望耐克公司能夠有更好的產品可見度，才能對其持積極態度。此外，分析師還指出，可能存在2025年下半年收益的風險。
Dadhania expects fiscal 2025 revenue and adjusted EPS of $48.86 billion (prior $52.51 billion) and $2.99 (prior $3.88).
Dadhania預計2025財年的營業收入和調整後每股收益將分別爲488.6億美元（之前爲525.1億美元）和2.99美元（之前爲3.88美元）。
Deutsche Bank analyst Krisztina Katai maintained Nike with a Buy and lowered the price target from $115 to $92.
德意志銀行分析師Krisztina Katai以買入評級維持耐克公司的目標價，從115美元下調至92美元。
Nike Stock Prediction For 2024
2024年耐克股票預測
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
股票研究可以成爲了解公司基本面信息的有價值來源。分析師基於公司未來收益的基本面和預期創建財務模型，以獲得股價目標和股票建議。
Shares of Nike have an average 1-year price target of $99.33, representing an expected upside of 32.02%.
耐克公司股票的平均一年價格目標爲99.33美元，預計上漲32.02%。
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Nike, while 20 analysts have bullish ratings. The street high price target from Oppenheimer is $120.0, while the street low from RBC Capital is $75.0.
由於假設的不同，分析師可能會得出非常不同的目標價和建議。沒有分析師對耐克公司持看淡表態，而有20位分析師持看好評級。Oppenheimer的最高目標價爲120.0美元，而RBC Capital的最低目標價爲75.0美元。
Price Action: NKE shares closed lower by 1.05% to $75.24 on Wednesday.
價格行動：週三耐克公司股價下跌1.05%，至75.24美元。
Photo via Shutterstock
圖片來自shutterstock。
譯文內容由第三人軟體翻譯。