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● TRACKER Updated 8d ago · 9 sources tracked

Nike booted from S&P 100 after nearly 18-year run (NKE:NYSE)

Nike is officially leaving the S&P 100 index after a run lasting nearly 18 years. The departure is scheduled to take effect on September 21. Trading under the ticker NKE on the New York Stock Exchange, the company's shares are currently hovering near 52-week and 12-year lows. The stock trades around $38.39, holding a consensus Hold rating with a price target of $52.94. This downward trajectory includes a 38 percent tumble in 2026 alone, culminating in a steep 78 percent decline from previous highs that analysts view as potential capitulation.

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  • ✓ Nike is being removed from the S&P 100 index after nearly 18 years.
  • ✓ The removal takes effect on September 21.
  • ✓ Nike stock trades near 52-week lows at $38.39 with a consensus Hold rating and a $52.94 price target.
  • ✓ The stock has tumbled 38 percent in 2026.
🛡️ Source Corroboration: 9 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Market tracking confirms that Nike will formally exit the S&P 100 index on September 21 following a nearly 18-year tenure.

Live updates

  1. Nike Booted From S&P 100 After Nearly 18-Year Run

    Nike is officially leaving the S&P 100 index after a run lasting nearly 18 years. The departure is scheduled to take effect on September 21. Trading under the ticker NKE on the New York Stock Exchange, the company's shares are currently hovering near 52-week and 12-year lows. The stock trades around $38.39, holding a consensus Hold rating with a price target of $52.94. This downward trajectory includes a 38 percent tumble in 2026 alone, culminating in a steep 78 percent decline from previous highs that analysts view as potential capitulation.

    Why it matters

    The removal from the premier index highlights a sharp downturn for the 62-year-old retail giant amid broader divergence within the athletic goods sector. While competitors like Dick's Sporting Goods and Lululemon face their own struggles in the red, Nike's losses reflect deeper institutional and market challenges. Losing its spot in the S&P 100 alters the stock's profile for major index funds and institutional portfolios.

    What is confirmed

    • Nike is being removed from the S&P 100 index after nearly 18 years.
    • The removal takes effect on September 21.
    • Nike stock trades near 52-week lows at $38.39 with a consensus Hold rating and a $52.94 price target.
    • The stock has tumbled 38 percent in 2026.

    Still unconfirmed

    • The S&P 100 exit may mark capitulation for Nike stock after a 78 percent fall.

    What to watch next

    • The official index removal date on September 21.
    • Subsequent adjustments by institutional index funds holding NKE shares.
    Sources used for this update (9)
    1. Forbes — Nike Stock Fell 78% And S&P 100 Exit May Mark Capitulation
    2. Hypebeast — Nike To Leave the S&P 100 on September 21
    3. SGB Media Online — Nike To Be Kicked off the S&P 100 on September 21
    4. Seeking Alpha — Nike booted from S&P 100 after nearly 18-year run (NKE:NYSE)
    5. blockonomi.com — Nike (NKE) Stock Exits S&P 100 Index After Nearly Two Decades
    6. coincentral.com — Nike (NKE) Stock Booted From S&P 100 After 18 Years. What Now?
    7. TradingView — 62-Year-Old Retail Giant Gets Booted Off S&P 500
    8. Yahoo Finance — Should You Avoid Nike Stock, Even at a 12-Year Low?
    9. 247wallst.com — Nike Has Tumbled 38% in 2026: Is It Time to Switch to Dick’s or Lululemon?
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