NIKE (NYSE:NKE) Price Target Lowered to $57.00 at Williams Trading

NIKE (NYSE:NKE) had its price target cut by investment analysts at Williams Trading from $80.00 to $57.00 in a report released on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the footwear maker’s stock. Williams Trading’s price objective would indicate a potential upside of 26.99% from the company’s current price.

Other research analysts have also issued research reports about the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of NIKE in a research note on Thursday, March 12th. Wells Fargo & Company cut their price objective on shares of NIKE from $65.00 to $55.00 and set an “overweight” rating on the stock in a research report on Wednesday. Daiwa Securities Group reduced their target price on shares of NIKE from $75.00 to $61.00 in a research note on Tuesday, December 23rd. Guggenheim lowered their target price on NIKE from $77.00 to $74.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $78.00 price target on shares of NIKE in a report on Thursday, March 5th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $64.57.

NIKE Trading Down 15.0%

Shares of NIKE stock traded down $7.94 during trading hours on Wednesday, hitting $44.89. The company’s stock had a trading volume of 87,936,225 shares, compared to its average volume of 17,079,348. The company has a market capitalization of $66.45 billion, a PE ratio of 26.42, a price-to-earnings-growth ratio of 2.69 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. The stock has a 50 day moving average of $59.68 and a 200 day moving average of $63.66. NIKE has a 12 month low of $44.67 and a 12 month high of $80.17.

NIKE (NYSE:NKE) last released its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.06. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The business had revenue of $11.28 billion for the quarter, compared to analysts’ expectations of $11.23 billion. During the same quarter in the previous year, the business posted $0.54 EPS. NIKE’s revenue for the quarter was up .1% on a year-over-year basis. Analysts predict that NIKE will post 2.05 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. J. Stern & Co. LLP boosted its holdings in shares of NIKE by 49,010.4% in the 4th quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock valued at $3,061,555,000 after buying an additional 47,956,692 shares during the last quarter. Norges Bank bought a new stake in NIKE during the fourth quarter worth $829,956,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in NIKE by 3,129.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock worth $645,855,000 after acquiring an additional 8,809,950 shares in the last quarter. Harris Associates L P acquired a new stake in NIKE in the second quarter valued at $621,525,000. Finally, Capital World Investors grew its position in shares of NIKE by 16.2% in the 4th quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock valued at $3,126,246,000 after acquiring an additional 6,830,938 shares during the period. 64.25% of the stock is currently owned by institutional investors.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 results beat estimates on both top and bottom lines (EPS $0.35 vs. ~$0.29 consensus; revenue ~$11.28B roughly in line-to-slightly-above expectations), showing the turnaround still produces tangible operational progress. NIKE, Inc. Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Management says the company has taken intentional actions (clearing unhealthy inventory, rebalancing wholesale vs. DTC) that pressure near‑term margins but are intended to set up later improvement — a strategic move that could pay off but delays visible recovery. Nike Takes ‘Intentional’ Hit To Clear ‘Unhealthy Inventory’ In Q3 As CEO Eyes Turnaround By Year-End
• Negative Sentiment: Weak guidance drove the selloff: Nike guided fiscal Q4 revenue to decline (company-range), below Street expectations, and warned Greater China sales will remain soft — management said the China reset could take multiple quarters. Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors
• Negative Sentiment: Margin pressure from tariffs, promotions and inventory actions pushed operating profit and net income materially lower year‑over‑year, undercutting confidence in a near‑term margin rebound. Nike third-quarter sales beat estimates as turnaround efforts gain traction
• Negative Sentiment: Analysts reacted quickly: multiple firms cut price targets or downgraded forecasts (Wells Fargo, Truist, Telsey and others), amplifying downward pressure and raising the risk of further revision. These Analysts Cut Their Forecasts On Nike After Q3 Results
• Negative Sentiment: Investor sentiment soured after candid executive comments about the slow turnaround — headlines and tone (including a blunt CEO remark) reinforced the view that recovery is taking longer than planned. Nike CEO vents as company struggles to regain footing after disappointing profits : ‘I’m so tired’

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).