NIKE, Inc. Announces Target of $50 Billion in Revenue by End of FY20*

Piper Jaffray Raises Price Target on Nike (NKE) Following Investor Day

Piper Jaffray reiterated an Overweight rating on Nike (NYSE: NKE), and raised the price target to $140.00 (from $130.00), following investor day. Nike is targeting $50B in sales by 2020, driven by HSD growth in North America and Western Europe, LDD in Emerging Markets and mid- to high-teens growth in Greater China.... More

FBR Capital Raises Price Target on Nike (NKE) Following Investor Day

FBR Capital reiterated a Market Perform rating on Nike (NYSE: NKE), and raised the price target to $126.00 (from $120.00), following the company's investor day. NKE continues to uncover opportunities to drive innovation via its category offense and improved segmentation.

Analyst Susan Anderson commented, "We attended NKE's investor day at its HQ... More

Cowen Raises Price target on Nike (NKE) Following Analyst Day

Cowen reiterated an Outperform rating on Nike (NYSE: NKE), and raised the price target to $145.00 (from $140.00), following an analyst day. Management outlined several initiatives to support accelerated growth for the Nike brand, setting a new revenue goal of $50B through FY20 and mid-teens EPS growth.... More

Nike (NKE) Targets $50 Billion in Revenue by End of 2020

NIKE, Inc. (NYSE: NKE) today will provide an overview of its progress on key strategic initiatives to achieve sustainable, profitable long-term growth. During an investor meeting at its world headquarters near Beaverton, Ore., the Company announced a revenue target of $50 billion by the end of fiscal year 2020.

This compares to the revenue consensus of $32.8 billion this year (fiscal year 2016).

Today, were showing how NIKE is built for growth now and... More