This week, several stocks caught investors' attention with notable price movements. Here are Investing.com's stocks of the week:
Nike
Nike Inc (NYSE:NKE) shares fell around 7.8% this week (as of Friday, October 4, 1;30 pm ET) after reporting its fiscal Q1 earnings. While the company exceeded expectations with EPS of $0.70 compared to the $0.52 estimate, and revenue came in slightly below expectations at $11.6 billion, the real blow came when Nike withdrew its annual revenue forecast.
The company withdrew its annual guidance due to its transitional period. The sportswear giant also postponed its Investor Day presentation
Following the news, Piper Sandler reiterated a Neutral rating on the stock, commenting that Nike's decision to pull its annual guidance was prudent given the transition to a new CEO and the current market dynamics.
They noted that shares, now trading at 35x FY25 estimates, are expensive “considering [the] second year in a row of no growth.”
Humana
Humana Inc (NYSE:HUM) had a tough week, with its stock plunging more than 23%, following the news that enrollments in its top-rated Medicare insurance plans dropped sharply.
The data revealed only a quarter of Humana’s members were enrolled in four-star or higher-rated plans for 2025 that cover Americans aged 65 or older, a significant drop from 94% in 2024.
BTIG analysts expressed concern over the ratings drop, which could impact Humana’s quality bonuses and overall revenue in 2026.
“These ratings are disappointing especially given ongoing pressures from higher acuity-related claims costs, some higher inpatient volumes, and the risk adjustment conversion to V28,” wrote the firm.
Chinese Financial and Real Estate Stocks
Chinese financial and real estate stocks, especially, surged this week, with names including Futu Holdings (NASDAQ:FUTU) up 54%, Up Fintech Holding Ltd (NASDAQ:TIGR) up 117%, and Ke Holdings Inc (NYSE:BEKE) up 28%. Hong Kong-listed China Overseas Land Investment (OTC:CAOVY) has gained more than 18% this week.
The rally comes on the heels of new stimulus measures from China’s government, which included easing homebuyer restrictions and further monetary policy support.
Following the news, analysts at HSBC raised their price targets on several Chinese real estate stocks, reflecting growing optimism surrounding the sector’s potential recovery, driven by supportive government policies.
The bank pointed to several key factors contributing to this upward revision, with the major driver, of course, being the Chinese government’s commitment to stabilizing the real estate market, which has reshaped the outlook for both developers and investors.
UBS analysts noted that the monetary measures were followed by pro-growth pledges, including efforts to stabilize the struggling real estate market.
However, despite the optimism, UBS remained cautious about the long-term impact of the stimulus, explaining that while the measures could support growth, the full scope and implementation of the stimulus package remain uncertain.
"Follow-through is likely needed to sustain the equity rally," UBS noted, pointing out that past rallies have fizzled out when stimulus failed to meet expectations.