Source Post

Down 29% in 2026! Is it Time to Buy Nike Shares?

Playing FTSEMay 3, 2026

The creator discusses Nike's (NKE) stock, noting it's down significantly from its all-time highs and currently trading around $44. Despite recent earnings beating analyst expectations for revenue and EPS, the stock fell over 8% in extended trading. The creator expresses past interest in buying if the stock reached the $40s range and is now evaluating if it's a good time to buy.

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Tickers discussed in this post

VFCNeutralLow ConvictionSignal-backedSecondary

VF Corp was a pick to outperform but has only gained 6% year-to-date, indicating mixed performance.

DECKNeutralMedium ConvictionSignal-backedSecondary

Deckers (Hoka) is performing well with strong revenue and gross margins, eating into Nike's market share.

ONONNeutralMedium ConvictionSignal-backedSecondary

On Running is a growing competitor to Nike, gaining market share with its innovative products.

NKEBullishMedium ConvictionSignal-backedPrimary

Nike shares are down significantly from highs, presenting a potential buying opportunity if the price remains in the $40s.

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