Nike (NKE) Stock Falls to 13-Year Low After Analyst Says Decline Is “Irreversible”

'The market structure has shifted irreversibly against Nike' — Berenberg (NKE:NYSE)

Nike (NKE) downgraded to Sell by Berenberg: revenue pressure, inventory issues and China weakness may delay restructuring benefits until FY29—read now.

Nike (NKE) Plunges 81% From Peak as Analyst Confidence Hits 20-Year Low

Nike (NKE) shares sink toward 13-year lows after Berenberg cuts rating to Sell and slashes price target from $49 to $27.50 amid irreversible decline.

Nike (NKE) Stock Falls to 13-Year Low After Analyst Says Decline Is “Irreversible”

TLDR Nike shares fell more than 1% premarket Tuesday, putting the stock on track for a fresh 13-year low. Berenberg downgraded Nike to Sell from Hold and cut its price target to $27.50 from $49. Nike stock is down 47% in 2026 and 81% below its November 2021 record high. Only 26% of analysts...