Nike's Forward March Hits Speed Bumps: Analyst Identifies Red Flags In SEC Filing

JPMorgan analyst Matthew R. Boss flagged several troubling signs for Nike Inc (NYSE:NKE), which may have investors tightening their seatbelts.

Boss maintains a neutral rating with a price target of $77 for December 2025 on Nike stock. His insights from the filing reveal potential challenges that could impact Nike’s growth trajectory.

Ominous Omission: Supply Chain Concerns

A significant red flag Boss noticed in Nike’s latest 10-Q filing is the absence of the "Supply Chain Conditions" reference, a staple in previous quarterly filings. This omission suggests a departure from previously reassuring statements about inventory health.

Boss points out that while Nike reported a 5% decline in inventories, revenues fell by 10%, indicating a widening gap that investors should watch closely.

Read Also: What’s Going On With Nike Stock?

New ‘Marketplace Management’ Factor: A Shaky Shift

Nike introduced a "Marketplace Management" factor, indicating a ...