Are you considering buying Nike stock? It could be a profitable investment. Better than that – it could be a good investment for the future. An investment that could make you rich in the coming years and an investment that could help you build wealth for the future. But before buying, it is important that you consider Nike stock price predictions and forecasts.
Understanding how the price of a stock or another investment vehicle could change in the future is helpful in making informed investment decisions. This Nike (NKE) stock price predictions article will help you determine whether NKE is a good investment. It will also help you understand the right time to buy and the best place to buy.
Nike Stock Price Predictions for 2022, 2023, 2025, and 2030
Do you need a quick overview of Nike stock long-term prospects? Below, we'll summarize our NKE price predictions and forecasts for the coming years:
- End of 2022: Nike stock has performed averagely in the first quarter of 2022. Our NKE price forecast shows that the stock could be worth up to $132.57 by the end of 2022.
- End of 2023: Nike has what it takes to gain significantly in 2023. According to our forecast, the stock may be able to reach $157.69 by the end of 2023.
- End of 2025: Nike is well-recognized in the sporting industry as well as in street fashion. Its products will continue to make waves and its stock (NKE) will likely reach $185.29 per share by the end of 2025.
- End of 2030: Multinationals like Nike make significant progress each year. By 2030, we expect that the company will become a lot bigger and Nike (NKE) stock price could be up to $248.97 per share by the end of the year.
What You Need To Know About Nike Inc.
Nike is an American multinational corporation that is involved in the design, development, manufacturing, marketing and sales of footwear, apparel, accessories, equipment, and services. Commonly regarded as one of the world's biggest manufacturers of sporting equipment, Nike is recognized as the world's largest supplier of athletic shoes. Its products are also respected and widely seen in street fashion.
Though Nike is most recognized for its sporting shoes, the company produces a wide range of sports equipment and apparel. The company reportedly started with track running shoes but has since diversified to other sporting gear, including jerseys, shorts, baselayers, cleats, and many more. It has collaborated with several individuals and brands to launch special products and services.
Nike was founded as Blue Ribbon Sports (BRS) by Phil Knight (a University of Oregon track athlete) and Bill Bowerman (his coach) in January 1964. The company started in Oregon as a distributor for a Japanese shoemaker, Onitsuka Tiger. The company opened its first retail store in California in 1966, expanding further on the East Coast in 1967 due to increasing sales. In 1971, it severed its relationship with Onitsuka Tiger, launched its own line of footwear, and rebranded as Nike.
Over the years, Nike has grown tremendously, becoming one of the biggest players in the sportswear industry. It had made several acquisitions along the way and it has also sold several apparel and footwear companies. As of 2020, Nike owned only one subsidiary – Converse Inc.
Nike (NKE) Stock
Nike went public in December 1980, offering its stock to investors for $22 per share. Since then, there have been seven 2:1 stock splits, which means that a single share at the IPO is now 128 shares at the time of writing this piece.
Nike is a dividend-yielding stock. It pays out a quarterly cash dividend of $0.245 per share, which means a total of $0.98 per share annually. Like other stocks, its price fluctuates from time to time, and investors are free to buy or sell whenever they want. This is why it is critical to understand Nike stock price forecasts.
Nike Stock Price History
Before discussing Nike (NKE) stock price forecast, it will be necessary to consider its price history. As stated earlier, Nike went public in 1980 and Yahoo Finance started tracking the stock price almost immediately. In this section, we will make use of their data, which starts in January 1985.
On 1st January 1985, Nike stock opened at $0.12 and closed at $0.14. On 1st December 1985, the stock opened at $0.21 and closed at $0.22. On 1st December 1986, NKE opened at $0.22 and closed at $0.18. It remained within this range till November 1988 when it opened at $0.05 and closed at $0.44.
The Nike (NKE) stock reached the $1 mark in October 1989. On 1st June 1990, it opened at $1.23 and closed at $1.10. On 1st December 1991, NKE opened at $1.82 and closed at $2.26. On 1st June 1993, the stock opened at $2.27 and closed at $1.72. On 1st December 1994, Nike stock opened at $2.00 and closed at $2.33. On 1st December 1995, it opened at $3.63 and closed at $4.35.
Nike stock recorded significant growth in 1996. On 1st January, it opened at $4.30 and closed at $4.36. But by 1st December, the stock opened at $7.13 and closed at $7.50. 1997 was not so good. On 1st January 1998, NKE opened at $4.91 and closed at $5.01. Nike (NKE) stock price fluctuated significantly in 1999.
On 1st January 2000, Nike stock opened at $6.16 and closed at $5.69. On 1st January 2001, it opened at $6.84 and closed at $6.88. On 1st December 2003, it opened at $8.43 and closed at $8.56. On 1st December 2005, NKE opened at $1.072, reached a high of $11.44 and closed at $10.85. It recorded notable growth in 2006 and 2007. On 1st January 2008, the Nike stock opened at $16.08 and closed at $15.33.
On 1st January 2010, Nike stock opened at $16.51 and closed at $15.94. On 1st June 2011, it opened at $21.08 and closed at $22.50. On 1st December 2012, the stock opened at $24.42 and closed at $25.80. On 1st January 2014, Nike (NKE) stock opened at $39.08 and closed at $36.93. On 1st June 2015, the stock opened at $50.88 and closed at $54.01. On 1st December 2016, it opened at $50.11 and closed at $50.83.
On 1st January 2018, Nike stock opened at $62.85 and closed at $62.55. On 1st January 2019, the stock opened at $72.79, reached a high of $81.95 and closed at $81.88. On 1st December 2019, it opened at $94.09, reached a high of $101.79 and closed at $101.31. On 1st December 2020, NKE opened at $136.44 and closed at $141.47.
On 1st January 2021, Nike stock opened at $142.85 and closed at $133.59. On 1st June 2021, it opened at $137.85, reached a high of $156.40 and closed at $154.49. On 1st December 2021, it opened at $170.89 and closed at $166.67. On 1st January 2022, Nike (NKE) stock opened at $167.53 and closed at $143.07. At the time of writing this piece, Nike stock was trading for $126.03 per stock.
Nike stock price chart. Source: TradingView
Nike Stock Technical Analysis
Where’s Nike (NKE) stock headed next? Is it a good buy or is it a sell at this moment? One of the best ways to decide what to do next is to consider technical indicators like moving averages.
Nike share price at the time of writing is $126.03 and the 8-day simple moving average is 132.25. Obviously, this is a sell signal.
The 20-day Simple Moving Average (SMA) of NKE is 132.05, which also means it is currently at a sell signal. The 50-day SMA is 132.51, compared to Nike stock price of 126.03. Technically, it is also a sell signal. The 200-day simple moving average of NKE stock is 154.19, which creates a strong sell signal.
Based on Nike (NKE) stock fundamental analysis, we are seeing buy signals. The Score of NKE is currently 42, compared to its historic median score of 40. This infers lower risks than normal.
Based on technical analysis, Nike stock appears overvalued. Technical indicators like simple moving average, exponential moving average, and oscillators clearly show this.
Nike Stock Expert Forecasts
Sometimes, it is best to consider the opinion of other experts before giving stock price predictions. Here, we are going to look at what other experts from other authority websites have to say about Nike stock price forecast:
Gov.Capital is optimistic about the long-term prospect of Nike stock. According to its latest predictions, Nike (NKE) stock 1-year forecast is 225.397. It also predicts that NKE price in the next five years will be up to $830.177. Though this looks exciting, it doesn’t appear to be realistic.
Wallet Investor is one of the most reliable algorithm-based prediction websites. Thankfully, it also has a favorable Nike stock forecast. Based on their forecasts, a long-term price increase is expected. Nike stock 1-year forecast is $154.685. The forecasts also show that NKE could be worth as much as $265.916 in the next five years. With a five-year investment, you can expect up to +107.84% gain in value.
“On average, Wall Street analysts predict that Nike’s share price could reach $175.57 by March 2023. The average NIKE stock price prediction forecasts a potential upside of 37.22% from the current NKE share price of $127.94.”
Nike Stock Price Predictions
Now that we are through with technical analysis and the opinion of other experts, it is time to get down to our Nike stock price predictions and forecasts for 2022 to 2030. We will state our predictions for each year in a manner that will be easy for you to understand. Again, these predictions and forecasts should be taken as expert opinions of what Nike (NKE) stock price could be in the future.
Nike (NKE) Stock Price Prediction for 2022
Nike started in a very humble way. As stated earlier, it was a distributor for a Japanese shoemaker in the early days. After reaching some landmarks in sales, the founders decided to rebrand and start manufacturing their own products. The company is still operating with the founders’ vision, and we believe it will perform even better in the future.
We've already seen how Nike stock has performed in the first quarter of 2022. According to our analysis, there is a good chance that the price of the stock will rise in the remaining months. The minimum forecast for NKE in 2022 is $124.26. The high forecast for NKE stock, on the other hand, is $132.57.
Nike (NKE) Stock Price Prediction for 2023
Considering how it has performed in the past, we also believe that Nike will gain in 2023. The stock may not be able to reach the heights it had achieved in the past, but there is a good chance that the price in 2023 will be higher than what we have at the moment and the projected price for the present year.
As per our Nike (NKE) stock price forecasts for 2023, we expect that the minimum price of the stock will be in the region of $130.47. If things should go really well for the company and its stock, then NKE should reach a maximum value of $157.69 in 2023.
Nike (NKE) Stock Price Prediction for 2024
One of the major reasons Nike has remained relevant in the sporting equipment and apparel industry is the fact that it doesn't compromise on quality. After several decades of being a major player in its industry, we know that the brand will not relent in the coming future.
In 2024, Nike stock price is expected to continue rising. In spite of market factors, we expect that the minimum price of NKE will not be less than $146.28. In the same vein, we expect that the maximum price of the stock should be up to $178.57 per share.
Nike (NKE) Stock Price Prediction for 2025
Nike has established itself as one of the most reliable brands in the sports equipment industry. At the same time, it has earned a reputation for producing and marketing shoes that are top-performance in the street fashion niche. Most of the loyal customers are not going to switch in the coming years.
In the coming years, Nike will still be as appealing as ever. If this is the case, then there is a good chance that the price of its stock will improve significantly. While being conservative, we are projecting that the minimum price of NKE will be up to $162.82 in 2025. The maximum price is also expected to be up to $185.29.
Nike (NKE) Stock Price Prediction for 2026
As stated earlier, Nike (NKE) stock is a revenue yielding stock. This is one of the reasons many of the investors remain focused and committed, even as NKE price fluctuates from time to time. As long as the company continue to pay dividends to investors, many will buy in the coming years and that will help to push the Nike stock price higher.
According to the results of our analysis, there is a good chance that the Nike stock price will grow and the minimum price the stock will sell for in 2026 will be $178.51. If things should move as we expect, the maximum price of the stock should be up to $197.87 per share.
Nike (NKE) Stock Price Prediction for 2027
Are you a long-term stock investor? Do you intend to start investing in Nike stocks? Then you are going to be interesting in how much the price of the stock could be in the next five years. 2027 is exactly five years away and we believe that Nike stock will gain significantly by then.
As per our Nike (NKE) stock 5-years forecast, the minimum price is expected to be in the region of $182.24. If the stock market is as favorable as we expect, then it is likely that the maximum price of Nike stock should be up to $207.47.
Nike (NKE) Stock Price Prediction for 2028
Nike has made several acquisitions in the past and those deals helped in taking the company to where it is now. Though it has sold many of the companies it bought during its major growth period, we can’t rule out the possibility of the stock making more acquisitions.
Regardless of what the Nike board decides to do, its stocks are expected to grow in the future. Even if the company doesn’t acquire new businesses, it will perform well. The minimum price of NKE in 2028 is expected to be $199.38 while the maximum price should be up to $218.87 per share.
Nike (NKE) Stock Price Prediction for 2029
Nike has partnered with several individuals and brands in the past. A majority of those partnerships were immensely successful. We know that the company and its representatives are definitely going to enter into more successful partnerships in the future and that could be very fruitful.
With more partnerships and more businesses, Nike's value is bound to experience more spectacular growth in the future. It is expected that the stock will sale for a minimum price of around $210.03. The maximum price is projected to be up to $225.89.
Nike (NKE) Stock Price Prediction for 2030
2030 is approximately eight years away. Of course, that is enough time for a good company to reach new heights. In the case of Nike, it is enough time to bring some innovativeness that can change the sports equipment industry for good.
While being conservative, we don’t expect that the price of Nike (NKE) stock will be less than $200 per share in 2030. According to the results of our analysis, there is a good chance that the NKE minimum price in 2030 will not be less than $217.39. The maximum price of the stock is also expected to be up to $248.97 per share.
Potential Highs and Lows of Nike (NKE) Stock
As you should know by now, the prices of stocks, commodities and cryptocurrencies fluctuate from time to time. One of the best ways to determine whether an asset is a good buy or a bad one is to consider its potential high and low prices.
The stock market is generally volatile, so it will be a little challenging to determine the potential highs and lows of NKE or any other stock.
We've been able to determine what we believe could be the price range of Nike (NKE) stock in the future, and we will present that in the table below:
Should You Invest in Nike (NKE) Stock?
Considering all we’ve discussed about Nike stock, should you invest in the stock or ignore it? After all, there are several other good stocks you can buy. But is Nike (NKE) stock a good buy? Does it have a bright future?
Nike is a great multinational company, no doubt? But how profitable can its stocks be? From what we know, the Nike (NKE) stock has performed relatively well in recent times. The best thing about the stock is that it yields dividends consistently.
Based on our technical and fundamental analysis, Nike stock currently presents a sell signal. However, considering what the stock could be worth in the future, it may be a better idea to buy.
Our Nike (NKE) stock price predictions show that the stock is likely to gain value in the coming years. We were actually conservative with our figures, meaning that NKE stock could be higher than what we've projected here. In any case, buying the stock is not a bad idea.
You should also know at this point that every stock comes with its unique risks. Nike stock is similar to other stocks in many ways. It is a volatile asset, so there is an atom of risks that comes with investing in it. Regardless, it looks like a decent investment at the moment.
Where to Buy Nike (NKE) Stock
Are you considering buying Nike shares? Then it is important that you buy from the right source. Thanks to the internet, there are several places where you can buy Nike stock from. It is important, however, that you choose the right one.
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eToro – The Best Place to Buy Nike (NKE) Stock with Low Fees
From the last paragraph in the section above, you can tell that we believe so much in eToro. The platform is one of the best places for individuals who want to trade stocks, cryptocurrencies, commodities and other digital assets.
eToro is one of the best platforms you can buy Nike (NKE) stock from. The brokerage firm runs one of the best online investment platforms for all kinds of users. It is more of a friendly platform that allows anyone to invest in all kinds of assets online in a safe manner.
Regardless of your experience level, eToro will be one of your best options whenever you want to buy Nike stock. One of its biggest selling points is that it is ideal for users of all experience levels. It also offers several perks to users.
Nike (NKE) Stock Price Predictions – Conclusion
Nike is undoubtedly a big company. It is recognized as the world’s largest supplier of athletic shoes and one of the biggest makers of sporting equipment. Nike has made several improvements in the past, and Nike (NKE) stock has grown significantly since it was made available to the public in 1980.
Are you considering buying Nike stock? Our Nike stock price predictions should help you determine whether it is a good stock to add to your portfolio. Regardless of what the technical and fundamental analysis say, the stock has a good future.
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Is Nike stock a profitable investment?
Nike stock can be a profitable investment. It is already a dividend-paying stock and our price forecast shows that Nike stock will rise further in the coming years.
Is Nike (NKE) stock a good investment for the future?
Yes, Nike stock appears like a good investment for the future. NKE long-term forecast shows that the value will improve considerably in the coming years, making it a good investment option.
Will NKE stock go up?
Nike (NKE) stock is expected to rise in the coming years. By the end of 2022, the stock is expected to reach $132.57. NKE is also expected to reach $185.29 and $248.97 in 2030.
What will be the price of Nike stock in five years?
In the next five years, it is expected that Nike (NKE) stock should record a minimum price of $182.24 and potentially reach a maximum price of $207.47.
What will be the price of Nike (NKE) stock in ten years?
Though our Nike stock price prediction does not cover a 10-year period, we have enough data to know that the stock can reach the $300 mark in the next ten years.
Will Nike stock reach $200?
Yes, Nike (NKE) stock can reach $200 in the coming years. In fact, it is expected that the stock will reach that mark in the next five years (2027) or earlier.
Will Nike (NKE) stock reach $500?
It is possible that Nike stock will reach $500. However, it may take several years before this will happen. It may grow at an impressive rate in the future, but we believe it may take more than a decade for the stock to reach this height.
Will NKE stock reach $1000?
While we cannot rule out the possibility of NKE reaching $1000 per share, we believe it will take several years for this to happen. Actually, it will take some decades for the stock to reach the $1000 mark.
Can Nike stock crash?
Nike is a big multinational, and it is unlikely that its stock will ever crash.
Is Nike stock a risky investment?
Every stock is volatile and can be classified as a risky investment. However, Nike (NKE) stock is a promising asset. It is a risky investment, but it can also be very rewarding.