Nike Stock (NKE) Slides After Fiscal Q2 2026 Earnings: Tariffs, China Weakness, Analyst Price Targets and the 2026 Outlook
Nike, Inc. (NYSE: NKE) is ending the week under intense investor scrutiny after a sharp post-earnings selloff reset expectations for the company’s turnaround. As of Dec. 20, 2025 (with U.S. markets closed for the weekend), Nike shares last closed at $58.71, down $6.92 (−10.54%) on unusually heavy volume, reflecting a market that’s increasingly focused on near-term margin pressure and China execution rather than a modest revenue beat. The move came after Nike reported fiscal second-quarter 2026 results (quarter ended Nov. 30, 2025) that topped profit expectations but highlighted three issues that continue to dominate the Nike stock narrative: tariff-driven cost