NIKE (NYSE:NKE) Price Target Lowered to $50.30 at China Renaissance

NIKE (NYSE:NKE) had its target price reduced by China Renaissance from $74.60 to $50.30 in a research note issued to investors on Thursday morning,MarketScreener reports. They currently have a hold rating on the footwear maker’s stock.

Several other brokerages also recently issued reports on NKE. Telsey Advisory Group lowered their price objective on shares of NIKE from $65.00 to $55.00 and set a “market perform” rating on the stock in a research note on Wednesday. Daiwa Securities Group reduced their price target on shares of NIKE from $75.00 to $61.00 in a report on Tuesday, December 23rd. DZ Bank restated a “buy” rating on shares of NIKE in a research report on Thursday. Berenberg Bank restated a “neutral” rating and set a $70.00 price objective on shares of NIKE in a report on Friday, December 19th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $52.00 price objective (down from $76.00) on shares of NIKE in a research report on Wednesday. Nineteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $63.42.

NIKE Stock Down 1.0%

NIKE stock opened at $44.20 on Thursday. The company has a current ratio of 2.14, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. NIKE has a 1-year low of $43.17 and a 1-year high of $80.17. The firm’s fifty day simple moving average is $58.84 and its 200-day simple moving average is $63.39. The company has a market capitalization of $65.43 billion, a P/E ratio of 29.27, a P/E/G ratio of 2.35 and a beta of 1.31.

NIKE (NYSE:NKE) last announced its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. The firm had revenue of $11.28 billion during the quarter, compared to analysts’ expectations of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The company’s revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. Sell-side analysts forecast that NIKE will post 2.05 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were paid a $0.41 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.7%. NIKE’s payout ratio is 96.47%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NKE. Purpose Unlimited Inc. acquired a new position in shares of NIKE during the fourth quarter worth approximately $57,000. Cornerstone Planning LLC acquired a new stake in shares of NIKE in the fourth quarter valued at approximately $1,431,000. Bank of New Hampshire raised its position in NIKE by 3,257.1% in the 4th quarter. Bank of New Hampshire now owns 1,175 shares of the footwear maker’s stock worth $75,000 after purchasing an additional 1,140 shares during the last quarter. World Investment Advisors lifted its holdings in NIKE by 1.2% during the 4th quarter. World Investment Advisors now owns 54,578 shares of the footwear maker’s stock worth $3,477,000 after buying an additional 644 shares in the last quarter. Finally, ARP Global Capital Ltd acquired a new position in NIKE during the 4th quarter worth $4,715,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 beat on the headline numbers — EPS topped estimates and management says actions are underway to clear unhealthy inventory, which supports the argument the trough may be in place. NIKE Q3 Earnings & Revenues Top Estimates, Margin Pressures Persist
• Positive Sentiment: Some brokers and value-focused analysts still call NKE a buy on a beaten-up valuation and strong balance sheet — supporting a potential buy‑the‑dip case for long‑term investors. With Nike Stock Deep in Oversold Territory, Should You Buy the Dip?
• Neutral Sentiment: Technicals show heavy selling (volume spikes, oversold indicators), which can lead to short‑term bounces or further weakness depending on next‑quarter guidance and investor positioning. Down 75% From Its High, How Much Lower Can Nike Get?
• Negative Sentiment: Weak guidance was the primary catalyst — Nike forecast revenue down in the coming quarter (management signaled sales declines and extended recovery timing), which triggered the selloff as investors reprice a slower turnaround. Nike Stock Plunges As Weak China Sales Guidance Rattles Investors
• Negative Sentiment: Greater China remains a major drag (management flagged a sharp China sales decline), and margin pressure from tariffs, promotions and restructuring raises near‑term profit risk. NIKE’s Gross Margin Drag & Tariff Costs Loom: Can It Protect Profits?
• Negative Sentiment: Wall Street reaction has included numerous price‑target cuts and downgrades alongside a new shareholder litigation inquiry into disclosures about the turnaround and DTC strategy — additional reputational and legal risk. Kuehn Law Encourages Investors of Nike, Inc. to Contact Law Firm

About NIKE

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).