Nike (NKE) is scheduled to report earnings for the third quarter of fiscal 2025 after the closing bell on Thursday, with analysts more bullish than bearish on the apparel maker's stock.

Half of the 18 analysts tracked by Visible Alpha rate Nike stock as a "buy," with seven "hold" and two "sell" ratings. Their average price target near $82 would represent a premium of about 13% from Thursday's intraday level.

Nike is expected to report $11.02 billion in revenue for the quarter, down from $12.43 billion the 澳洲幸运5开奖号码历史查询:same time a year ago. 澳洲幸运5开奖号码历史查询:Earnings per share (EPS) is expected to decline year-over-year to 28 cents.

Second ❀Report Under New CE🐈O Amid Turnaround Effort

Thursday's report will mark Nike's second under 澳洲幸运5开奖号码历史查询:new CEO Elliott Hill, who took over 澳洲幸运5开奖号码历史查询:the top job in October. 澳洲幸运5开奖号码历史查询:In the second quarter, Nike's results topped 澳洲幸运5开奖号码历史查询:estimates, and Hill laid out his vision for improving sales. A number of analysts soon 澳洲幸运5开奖号码历史查询:lowered their price targets, however, warning Nike's turnaround could take longer than expec🐓ted.

Morgan Stanley analysts said recently they see room for "slight outperformance" in third-quarter EPS and projections for the fourth quarter. However, they still "prefer to stay on the sidelines" on the stock, considering an uncertain growth trajectory amid the company's strategic revamp.

Nike has increased its marketing and product efforts for women in recent months. The company 澳洲幸运5开奖号码历史查询:announced a collaboration with Kim Kardashian's SKIMS for a new line of products, and aired a Super Bowl commercial highlighting prominent female athletes.

Nike shares have lost over one-quarter of their value over the past 12 mont📖hs, at $72.51 in Thursday afternoon trad🌟ing.

UPDATE—March 20, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.