Stock Price Has Fallen More Than 27% This Year

June 8, 2022

Trending News

Nike Intrinsic Value – Nike’s ($NYSE:NKE) stock price has taken a beating this year, falling more than 27% year-to-date. There are several reasons for Nike’s poor performance. Firstly, the company is facing increased competition from rivals like Adidas and Under Armour. Secondly, Nike is also dealing with headwinds in key markets like China. Despite these challenges, we still like Nike’s business. The company has a strong brand and continues to dominate the global sneaker market. It also has a growing presence in areas like apparel and sports equipment. However, we think the sell-off is justified and the stock is still overvalued based on several traditional price multiples. Looking ahead, we think Nike’s challenges will continue to weigh on the stock in the near term. But longer term, we believe the company remains well positioned to continue growing its business.

Market Reaction

Nike’s stock price has fallen more than 27% this year, and news coverage following this news has mostly been negative. However, on Tuesday, NIKE stock opened at $118.7 and closed at $121.7, up by 1.2% from the closing price on the previous day.

VI Analysis – Nike Intrinsic Value

The intrinsic value of a company’s stock is a reflection of its long term potential. The VI Line in VI App calculates the intrinsic value of a company’s stock. Nike intrinsic value is around $134. The current stock price of NIKE is $119, which represents a fair value with a margin of safety of 10%. Now might be a good time to buy NIKE stock.

nike intrinsic value


This is due to a variety of factors, including the company’s struggles with its online sales, competition from other brands, and declining demand for its products in North America. However, Nike’s stock price rebounded by 1.2% following the release of its quarterly earnings report on Thursday. The company’s earnings beat analysts’ expectations, and its guidance for the rest of the year was positive. Based on these factors, I believe that Nike’s stock price will continue to rise in the future.

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