11 Worst-Performing Blue Chip Stocks So Far in 2025

2. Nike, Inc. (NYSE:NKE)

Year To Date Share Price Return as of April 25: -21.79%

Number of Hedge Fund Holders: 73

Nike, Inc. (NYSE:NKE) is a footwear and accessories company that designs, develops, and markets athletic footwear, apparel, equipment, accessories, and services. It is the world’s largest supplier of athletic shoes and apparel, with a mission to drive innovation and inspire athletes. While the stock is down by about 22% for the year, it has shed about 50% in market value since the beginning of 2024, affirming its status as one of the worst-performing blue chip stocks.

The underperformance comes from the company delivering disappointing financial results that have raised serious concerns about underlying growth. In its third quarter fiscal 2025, revenue fell 9% as earnings per share fell 30% to $0.54 a share. Revenue and earnings per share over the last three quarters have dropped by 9% and 26%, respectively. The disappointing financial results come from Nike, Inc.’s (NYSE:NKE) facing a challenging promotional environment exacerbated by currency headwinds and tariffs. The decline in sales by 17% in China in the third quarter underscores how the company remains vulnerable to tariff threats. The company projecting Q3 2025 revenues to drop underscores why the stock is being hit hard in the markets.

Nike, Inc. (NYSE:NKE) also remains under pressure amid reports that it is struggling to automate its production processes in the US. Berenberg has initiated coverage of the stock with a Hold rating and a $58 price target while reiterating it faces an uncertain future in reviving growth and profitability.