NIKE, Inc. (NYSE:NKE – Free Report) – Research analysts at Erste Group Bank cut their FY2026 earnings per share (EPS) estimates for shares of NIKE in a research report issued on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now forecasts that the footwear maker will post earnings of $1.52 per share for the year, down from their previous forecast of $1.53. The consensus estimate for NIKE’s current full-year earnings is $2.05 per share.
A number of other analysts have also commented on NKE. Truist Financial set a $69.00 price target on NIKE in a report on Wednesday, January 14th. Argus decreased their price objective on NIKE from $85.00 to $70.00 in a report on Tuesday, December 23rd. Piper Sandler set a $75.00 target price on NIKE and gave the company an “overweight” rating in a research report on Friday, December 19th. The Goldman Sachs Group cut their target price on NIKE from $77.00 to $76.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Finally, BNP Paribas Exane reduced their price target on NIKE from $38.00 to $35.00 and set an “underperform” rating for the company in a research report on Friday, December 19th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $73.20.
NIKE Stock Down 1.3%
Shares of NKE stock opened at $51.37 on Thursday. The firm has a fifty day moving average of $60.16 and a 200-day moving average of $64.10. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50. NIKE has a 12-month low of $51.20 and a 12-month high of $80.17. The company has a market capitalization of $76.05 billion, a price-to-earnings ratio of 30.22, a P/E/G ratio of 2.74 and a beta of 1.27.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Mizuho Markets Cayman LP acquired a new stake in NIKE during the 3rd quarter valued at $34,200,000. Exchange Traded Concepts LLC boosted its position in NIKE by 697.5% during the third quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock worth $15,960,000 after purchasing an additional 200,187 shares during the period. Strive Asset Management LLC acquired a new position in shares of NIKE in the third quarter valued at $1,743,000. Soros Fund Management LLC raised its position in shares of NIKE by 33.0% in the second quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock valued at $21,477,000 after purchasing an additional 75,000 shares during the period. Finally, Brighton Jones LLC raised its position in shares of NIKE by 54.6% in the third quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock valued at $7,307,000 after purchasing an additional 37,019 shares during the period. 64.25% of the stock is currently owned by institutional investors.
Insider Activity
In related news, CEO Elliott Hill bought 16,388 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The shares were acquired at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the completion of the acquisition, the chief executive officer owned 241,587 shares of the company’s stock, valued at approximately $14,760,965.70. The trade was a 7.28% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.80% of the company’s stock.
NIKE Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be given a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.2%. NIKE’s payout ratio is currently 96.47%.
NIKE News Summary
Here are the key news stories impacting NIKE this week:
- Positive Sentiment: Evercore ISI reiterates a Buy, saying China weakness looks priced in and that stabilizing demand plus innovation could support a re‑rating. Nike: China Weakness Priced In, Stabilizing Demand and Innovation Set Up Re‑Rating Potential
- Positive Sentiment: Williams Trading maintains a Buy and a $80 price target, citing strengthening global trends and product momentum that could drive above‑consensus FY27 earnings. Nike Buy Rating Backed by Strengthening Global Trends and Product Momentum Driving Above-Consensus FY27 Earnings
- Positive Sentiment: High‑profile investor commentary (Jim Cramer) expressed confidence that the stock can recover toward ~$70, giving sentiment support to buyers who focus on a turnaround narrative. Jim Cramer on NIKE: “I Think We’ll See $70 for That Stock”
- Positive Sentiment: Longer‑term bulls point to the “Win Now” turnaround showing early signs (recent EPS beats, category momentum) and give larger upside targets ($85 in one note). Nike At 5-Year Lows: Why The Turnaround Is Already Working
- Neutral Sentiment: Nike launched a World Cup collection made from textile waste — a positive brand/ESG play but uncertain near‑term revenue impact. Nike’s World Cup Textile Waste Line Tests Turnaround And Valuation Story
- Neutral Sentiment: Multiple previews (Zacks, Market commentary) flag key metrics investors should watch in the Q3 release (revenue growth, gross margin and China trends); history of earnings beats adds some confidence but not certainty. Stay Ahead of the Game With Nike (NKE) Q3 Earnings: Wall Street’s Insights on Key Metrics
- Negative Sentiment: Investopedia and other outlets warn of high post‑earnings volatility; some traders expect a sharp move and the potential for the stock to retest multi‑year lows if results disappoint. Here’s How Much Nike Stock Is Expected to Move After Earnings Tuesday
- Negative Sentiment: Analyst pushback: Telsey cut its price target to $65 and Erste trimmed FY2026 EPS expectations — both amplify downside risk if results miss hopes. Telsey Advisory Group Lowers NIKE (NYSE:NKE) Price Target to $65.00 MarketBeat – NIKE Report
- Negative Sentiment: China remains the key risk: coverage notes that improvement is uneven and markets are pricing some weakness, leaving limited margin for error in the release. Nike Stock Struggles Mightily As Wall Street Eyes Earnings, China Progress
NIKE Company Profile
Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.
The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).
Further Reading
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