Are you thinking of buying Nike shares? 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 you buy, it’s important to consider Nike stock price forecasts and forecasts.
Understanding how the price of a security or other investment vehicle might change in the future is helpful in making informed investment decisions.
This article on Nike Stock Price Forecasts (NKE) will help you determine if NKE is a good investment. It will also help you figure out the right time to buy and the best place to buy.
NIKE SHARE PRICE FORECASTS FOR 2022, 2023, 2025 AND 2030
Need a quick overview of the long-term outlook for Nike shares? Below, we will summarize our NKE price forecasts and forecasts for the coming years:
- End 2022: Nike shares averaged in the first quarter of 2022. Our NKE price forecast shows that the stock could be worth as much as $132.57 by the end of 2022.
- End of 2023: Nike has what it takes to make significant gains in 2023. According to our forecasts, the stock may be able to reach $157.69 by the end of 2023.
- End of 2025: Nike is well known in the sports industry and street fashion. Its products will continue to make waves, and its shares (NPHIs) will likely reach $185.29 per share by the end of 2025.
- End of 2030: Multinationals like Nike make significant progress every year. By 2030, we expect the company to become much larger, and Nike’s share price (NKE) could go as high as $248.97 per share by the end of the year.
What You Need to Know About Nike Inc.
Nike is an American multinational company that deals with the design, development, production, marketing and sale of footwear, clothing, accessories, equipment and services. Commonly regarded as one of the world’s largest manufacturers of sports equipment, Nike is recognized as the world’s largest supplier of sneakers. Its products are also respected and widely seen in street fashion.
Although Nike is most recognized for its sports shoes, the company produces a wide range of sports equipment and clothing. The company reportedly started with track running shoes, but has since diversified into other sports gear, including jerseys, shorts, baselayers, cleats, and many more. He has partnered with several individuals and brands to launch special products and services.
Nike was founded as Blue Ribbon Sports (BRS) by Phil Knight (a track athlete at the University of Oregon) 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 to the East Coast in 1967 due to increased sales. In 1971, he broke off his relationship with Onitsuka Tiger, launched his own footwear line and changed his name to Nike.
Over the years, Nike has grown enormously, becoming one of the biggest players in the sportswear industry. He had made several acquisitions along the way and also sold several clothing and footwear companies. As of 2020, Nike owned only one subsidiary: Converse Inc.
Nike (NKE) Stock
Nike went public in December 1980, offering its shares to investors for $22 per share. Since then, there have been seven 2:1 stock splits, meaning that a single share at the IPO is now 128 shares at the time of writing this piece.
Nike is a dividend-making stock. Pay a quarterly cash dividend of $0.245 per share, which means a total of $0.98 per share per year. 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 crucial to understand Nike stock price forecasts.
Nike stock price history
Before discussing Nike’s share price forecasts (NKE), you will need to consider its price history. As stated earlier, Nike went public in the 1980s, and Yahoo Finance began monitoring the stock price almost immediately. In this section, we will make use of their data, which begins in January 1985.
On January 1, 1985, Nike shares opened at $0.12 and closed at $0.14. On December 1, 1985, the stock opened at $0.21 and closed at $0.22. On December 1, 1986, NKE opened at $0.22 and closed at $0.18. It remained within this range until November 1988, when it opened at $0.05 and closed at $0.44.
Nike (NKE) stock reached the $1 threshold in October 1989. On June 1, 1990, it opened at $1.23 and closed at $1.10. On December 1, 1991, NKE opened at $1.82 and closed at $2.26. On June 1, 1993, the stock opened at $2.27 and closed at $1.72. On December 1, 1994, Nike shares opened at $2.00 and closed at $2.33. On December 1, 1995, it opened at $3.63 and closed at $4.35.
Nike shares experienced significant growth in 1996. On January 1, it opened at $4.30 and closed at $4.36. But by December 1, the stock opened at $7.13 and closed at $7.50. 1997 was not so good. On January 1, 1998, NKE opened at $4.91 and closed at $5.01. The Nike share price (NKE) fluctuated significantly in 1999.
On January 1, 2000, Nike shares opened at $6.16 and closed at $5.69. On January 1, 2001, it opened at $6.84 and closed at $6.88. On December 1, 2003, it opened at $8.43 and closed at $8.56. On December 1, 2005, NKE opened at $1,072, reached a high of $11.44 and closed at $10.85. It experienced remarkable growth in 2006 and 2007. On January 1, 2008, Nike stock opened at $16.08 and closed at $15.33.
On January 1, 2010, Nike shares opened at $16.51 and closed at $15.94. On June 1, 2011, it opened at $21.08 and closed at $22.50. On December 1, 2012, the stock opened at $24.42 and closed at $25.80. On January 1, 2014, Nike (NKE) shares opened at $39.08 and closed at $36.93. On June 1, 2015, the stock opened at $50.88 and closed at $54.01. On December 1, 2016, it opened at $50.11 and closed at $50.83.
On January 1, 2018, Nike shares opened at $62.85 and closed at $62.55. On January 1, 2019, the stock opened at $72.79, reached a high of $81.95, and closed at $81.88. On December 1, 2019, it opened at $94.09, reached a high of $101.79 and closed at $101.31. On December 1, 2020, NKE opened at $136.44 and closed at $141.47.
On January 1, 2021, Nike shares opened at $142.85 and closed at $133.59. On June 1, 2021, it opened at $137.85, reached a high of $156.40, and closed at $154.49. On December 1, 2021, it opened at $170.89 and closed at $166.67. On January 1, 2022, Nike (NKE) stock opened at $167.53 and closed at $143.07. At the time of writing this piece, Nike shares were trading for $126.03 per share.
Technical analysis of Nike shares
Where is the Nike (NKE) stock headed? Is it a good buy or is it a sale right now? One of the best ways to decide what to do next is to consider technical indicators such as moving averages.
The Nike stock 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.
NKE’s 20-day simple moving average (SMA) is 132.05, which also means it’s currently at a sell signal. The 50-day SMA is 132.51, compared to Nike’s share price of 126.03. Technically, it is also a sell signal. The simple 200-day moving average of NKE shares is 154.19, which creates a strong sell signal.
Based on the fundamental analysis of Nike shares (NKE), we are seeing buy signals. NKE’s score is currently 42, compared to its historical median score of 40. This deduces lower risks than normal.
Based on technical analysis, Nike shares appear overvalued. Technical indicators such as the simple moving average, the exponential moving average and oscillators clearly demonstrate this.
Nike Share Price Forecast
Now that we’re done with technical analysis and other experts’ opinion, it’s time to go down to our Nike stock price forecasts and forecasts for 2022-2030. We will state our forecasts for each year in a way that will be easy for you to understand. Again, these predictions and forecasts should be taken as expert opinions on what the Nike share price (NKE) might be in the future.
Nike (NKE) Share Price Forecast 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 benchmarks in sales, the founders decided to rebrand and start producing their own products. The company is still operating with the vision of the founders and we believe it will work even better in the future.
We have already seen how the Nike stock 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 the NKE stock, on the other hand, is $132.57.
Nike (NKE) Share Price Forecast for 2023
Considering how it has performed in the past, we also believe nike will make money in 2023. The stock may not be able to reach the heights it had reached 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 price expected for the current year.
According to our Nike Share Price (NKE) forecast for 2023, we expect the minimum stock price to be in the $130.47 region. If things were to go really well for the company and its shares, then NKE should reach a maximum value of $157.69 in 2023.
Nike (NKE) Share Price Forecast for 2024
One of the main reasons Nike has remained relevant in the sports 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 give up in the near future.
In 2024, Nike’s share price is expected to continue to rise. Despite market factors, we expect NKE’s minimum price to be no less than $146.28. Similarly, we expect the stock’s maximum price to be up to $178.57 per share.
Nike (NKE) Share Price Forecast for 2025
Nike has established itself as one of the most trusted brands in the sports equipment industry. At the same time, it has earned a reputation for manufacturing and marketing shoes that are the best performance in the street fashion niche. Most loyal customers won’t change in the coming years.
In the coming years, Nike will still be as attractive as ever. If this is the case, then there is a good chance that the price of its shares will improve significantly. While we are cautious, we expect NKE’s minimum price to be up to $162.82 in 2025. The maximum price should also go up to $185.29.
Nike (NKE) Share Price Forecast for 2026
As stated earlier, the Nike stock (NKE) is a title that produces revenue. This is one of the reasons why many of the investors remain focused and engaged, even if the NKE price fluctuates from time to time. As long as the company continues to pay dividends to investors, many will buy in the coming years and that will help push Nike’s stock price higher.
According to the results of our analysis, there is a good chance that nike’s stock price will rise, and the minimum price for which the stock will be sold in 2026 will be $178.51. If things were to move as we expect, the stock’s maximum price should be up to $197.87 per share.
Nike (NKE) Share Price Forecast for 2027
Are you a long-term equity investor? Are you going to start investing in Nike shares? So you will be interesting as it could be the price of the stock in the next five years. 2027 is exactly five years away, and we believe Nike shares will gain significantly by then.
According to our 5-year forecast on Nike shares (NKE), the minimum price should 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 shares should be up to $ 207.47.
Nike (NKE) Share Price Forecast for 2028
Nike has made several acquisitions in the past, and those deals helped get the company to where it is now. Although it sold many of the companies it bought during its important period of growth, we cannot rule out the possibility that the stock will make more acquisitions.
Regardless of what Nike’s board of directors decides to do, its shares are expected to grow in the future. Even if the company does not acquire new businesses, it will work 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) Share Price Forecast for 2029
Nike has partnered with several individuals and brands in the past. Most of these partnerships have been immensely successful. We know that the company and its representatives will definitely enter into more successful partnerships in the future and this could be very fruitful.
With more partnerships and more companies, Nike’s value is set to experience more spectacular growth in the future. The stock is expected to sell for a minimum price of around $210.03. The maximum price is expected up to $225.89.
Nike (NKE) Share Price Forecast for 2030
2030 is about eight years away. Of course, this is enough time for a good company to reach new heights. In the case of Nike, it’s enough time to bring in some innovation that can change the sports equipment industry forever.
While we are cautious, we do not expect Nike’s share price (NKE) to be below $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 $248.97 per share.
Potential ups and downs of Nike (NKE) stocks
As you should know by now, the prices of stocks, commodities and cryptocurrencies fluctuate from time to time. One of the best ways to determine whether an asset is a good buy or a bad one is to consider its potential high and low prices.
The stock market is generally volatile, so it will be a bit difficult to determine the potential highs and lows of NKE or any other stock.
We have been able to determine what we believe the Nike share price range (NKE) may be in the future and will present it in the table below:
|2022||US$ 132.57||Price: $124.26|
|2023||US$ 157.69||Price: $130.47|
|2025||US$ 185.29||Price: $162.82|
|2030||US$ 248.97||Price: $217.39|
Should You Invest in Nike Shares (NKE)?
Considering everything we’ve discussed about Nike shares, should you invest in the stock or ignore it? After all, there are many other good stocks that you can buy. But are Nike shares (NKE) a good buy? Does it have a bright future?
Nike is a big multinational, no doubt? But how profitable can his actions be? From what we know, Nike stock (NKE) has performed relatively well in recent times. The best thing about the stock is that it produces dividends consistently.
Based on our technical and fundamental analysis, Nike shares are currently showing a sell signal. However, considering how much the stock might be worth in the future, it might be a better idea to buy.
Our Nike Share Price (NKE) forecasts show that the stock is likely to gain value in the coming years. We were actually cautious with our figures, which means NKE shares could be higher than the ones we projected here. In any case, buying shares is not a bad idea.
You should also know at this point that each stock has its own unique risks. Nike shares are similar to other stocks in many ways. It is a volatile asset, so there is an atom of risk that comes with investing in it. Regardless, it looks like a decent investment at the moment.
Where to Buy Nike Shares (NKE)
Are you thinking of buying Nike shares? So it is important to buy from the right source. Thanks to the Internet, there are several places where you can buy Nike shares. It is important, however, to choose the right one.
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eToro – The Best Place to Buy Nike Shares (NKE) with Low Commissions
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Nike (NKE) Stock Price Forecast – Conclusion
Nike is undoubtedly a great company. It is recognized as the world’s largest supplier of sneakers and one of the largest manufacturers of sports equipment. Nike has made several improvements in the past, and Nike shares (NKE) have grown significantly since they were made available to the public in the 1980s.
Are you thinking of buying Nike shares? Our Nike stock price predictions should help you determine if it’s a good stock to add to your portfolio. Regardless of what the technical and fundamental analyses say, the stock has a good future.
As we stated in this post, it is important to buy a stock, cryptocurrency or any other asset from a good source. We also pointed out that Etoro is one of the best platforms to buy digital assets. Are you eager to buy Nike (NKE) shares? It can be easy and rewarding.
Frequently asked questions
Are Nike shares a profitable investment?
Nike shares can be a profitable investment. It’s already a dividend-paying stock, and our price forecasts show nike shares will rise further in the coming years.
Are Nike (NKE) shares a good investment for the future?
Yes, Nike shares look like a good investment for the future. NKE’s long-term forecasts show that the value will improve considerably in the coming years, making it a good investment option.
Will NKE shares rise?
Nike (NKE) shares are 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 shares in five years?
Over the next five years, Nike shares (NKE) are expected to record a minimum price of $182.24 and potentially reach a maximum price of $207.47.
What will be the Nike share price (NKE) in ten years?
Although our Nike stock price forecast does not cover a 10-year period, we have enough data to know that the stock can reach the $300 threshold over the next ten years.
Will Nike shares reach $200?
Yes, Nike (NKE) shares can reach $200 in the coming years. In fact, the stock is expected to reach that mark in the next five years (2027) or earlier.
Will Nike (NKE) shares reach $500?
It is possible that Nike shares will reach $ 500. However, it may take several years for this to happen. It could 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 shares reach $1000?
While we can’t rule out the possibility of NKE reaching $1000 per share, we believe it will take several years before that happens. In fact, it will take a few decades before the stock reaches the $1000 threshold.
Can Nike shares collapse?
Nike is a large multinational and its shares are unlikely to ever collapse.
Are Nike shares a risky investment?
Each stock is volatile and can be classified as a risky investment. However, the Nike (NKE) stock is a promising asset. It’s a risky investment, but it can also be very rewarding.