Nike stock price forecast has adjusted for FX headwinds

Nike stock price forecast has adjusted for FX headwinds, with analysts expecting stable gross margins given strategic pricing adjustments in key international markets. The company is making leadership changes at Converse, appointing Aaron Cain, currently Nike's vice president and general manager of global men's business, as the new CEO. He replaces Jared Carver as Nike attempts to revitalize Converse after a sustained sales slump. Before you consider NIKE, you'll want to hear this. Seasonal factors play a significant role in Nike stock price forecast, with back-to-school and holiday seasons historically driving quarterly spikes in footwear sales volumes.