Straker Faces Revenue Impact as Nike Ends Contract

Straker Translations Ltd. ( (AU:STG) ) has provided an update.

Straker Limited announced that Nike will not renew its legacy services agreement with the company, which will conclude on December 15, 2025. This decision is expected to negatively impact Straker’s FY26 revenue by NZ$0.48 million and adjusted EBITDA by NZ$0.29 million, as revenue from Nike represented approximately 3.3% of Straker’s revenue for FY25.

The most recent analyst rating on (AU:STG) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on Straker Translations Ltd. stock, see the AU:STG Stock Forecast page.

More about Straker Translations Ltd.

Straker is a global leader in AI-powered language technology solutions, providing next-generation language services supported by a state-of-the-art technology stack and robust AI layer. The company combines the latest technologies with linguistic expertise to offer scalable, cost-effective, and accurate solutions, positioning itself as a proven partner in future-proofing global communications.

Average Trading Volume: 47,680

Technical Sentiment Signal: Buy

Current Market Cap: A$33.78M

For a thorough assessment of STG stock, go to TipRanks’ Stock Analysis page.