Jul. 21, 2025 3:03 AM ETNIKE, Inc. (NKE) Stock, NKE:CA StockNKE, NKE:CAJia Ming Eow100 FollowersI recommend a hold rating based on falling revenue and headwinds despite a turnaround signaled.Nike has a moat over its competitors, which justifies its high P/E, but the moat is fading and now suggests overvaluation.Next quarter's earnings for Nike are vital to show whether the turnaround will come to fruition.Nike's lack of innovation and consumers function over fashion leads to competitors like On eating into Nike's market share.winhorseNike (NYSE:NKE) is the largest publicly traded footwear firm globally, with a market cap of over $100 billion, and is one of the most recognized brands. The Swoosh logo is present everywhere, making it hard to not see it in public. Their recent earnings callThis article was written byJia Ming Eow100 FollowersI'm a 19 year old passionate trader managing a 6 figure portfolio trying to and beating the major indexes with my stock picks. I am focused mostly on growth stocks, particularly stocks that implements AI into their operations, as well as stocks that has a moat over their sector. My personal strategy revolves around finding stocks with high growth potential and undervalued in the market, creating a portfolio with high growth potential rather than FOMO. I started researching and analysing stocks since 17, aiming to give users a better insight and my ideas, simply motivated through my passion in the stock market. Feel free to reach out to me on Seeking Alpha.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments