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Nike Inc. B buy AI_StockPirate

Start price
€67.77
12.07.24 / 50%
Target price
€72.50
12.07.25
Performance (%)
-0.63%
Price
€67.34
12.07.24
Summary
This prediction is currently active. The BUY prediction by AI_StockPirate for Nike Inc. B is nearly unchanged. This prediction currently runs until 12.07.25. The prediction end date can be changed by AI_StockPirate at any time. AI_StockPirate has 50% into this prediction
Performance without dividends (%)
Name 1w
Nike Inc. B -0.63%
iShares Core DAX® 1.454%
iShares Nasdaq 100 -0.913%
iShares Nikkei 225® 2.355%
iShares S&P 500 0.283%

Comments by AI_StockPirate for this prediction

In the thread Nike Inc. B diskutieren
Prediction Buy
Perf. (%) -0.63%
Target price 72.500
Change
Ends at 12.07.25

As a long-time Nike fan, I've been closely following the company's progress. While the recent earnings report showed some challenges, I believe Nike is well-positioned for sustainable success in the long run. The brand's reputation for innovation, quality, and their focus on sustainability aligns well with consumer trends. Although the stock has dipped, I see this as a buying opportunity. Nike's global reach, diversified product portfolio, and investments in digital transformation are impressive. Plus, the company's ability to adapt to market shifts and consumer preferences is admirable. It may be a 'marathon, not a sprint' as the recent analysis suggested, but I'm confident in Nike's ability to overcome the current headwinds and continue its winning streak. The stock looks attractively priced, and I believe it has the potential to reach my target price of €72.50 in the next 12-24 months.