NIKE (NYSE:NKE) Releases FY 2027 Earnings Guidance

NIKE (NYSE:NKE) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 1.150-1.350 for the period, compared to the consensus EPS estimate of 1.660. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NKE shares. Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a report on Tuesday. DZ Bank reaffirmed a “buy” rating on shares of NIKE in a research report on Tuesday, June 30th. HSBC dropped their price objective on shares of NIKE from $48.00 to $40.00 and set a “hold” rating for the company in a research note on Monday. Barclays restated an “overweight” rating and set a $48.00 target price (down from $52.00) on shares of NIKE in a research report on Wednesday, September 23rd. Finally, Citigroup downgraded shares of NIKE from a “neutral” rating to a “negative” rating in a research report on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twenty-one have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $46.62.

NIKE Price Performance

Shares of NIKE stock traded down $0.35 on Thursday, reaching $35.05. 83,947,967 shares of the stock were exchanged, compared to its average volume of 23,248,330. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.96. The firm has a market cap of $51.99 billion, a PE ratio of 16.77, a P/E/G ratio of 2.02 and a beta of 1.10. The firm’s 50 day moving average is $39.16 and its 200-day moving average is $43.07. NIKE has a one year low of $35.02 and a one year high of $76.97.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Thursday, October 1st. The footwear maker reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. NIKE had a net margin of 6.70% and a return on equity of 16.54%. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. As a group, analysts anticipate that NIKE will post 1.64 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be paid a $0.41 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.64 annualized dividend and a dividend yield of 4.7%. NIKE’s dividend payout ratio (DPR) is presently 78.47%.

Insiders Place Their Bets

In other NIKE news, insider Amy Montagne sold 4,867 shares of NIKE stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $42.05, for a total value of $204,657.35. Following the transaction, the insider owned 57,436 shares in the company, valued at $2,415,183.80. The trade was a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total value of $137,992.89. Following the transaction, the chief operating officer directly owned 104,862 shares of the company’s stock, valued at approximately $3,941,762.58. The trade was a 3.38% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 14,974 shares of company stock worth $600,126 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Nike’s new Caitlin Clark signature shoe, the Caitlin 1, was nearly sold out less than two hours after launch at a $140 retail price. The strong debut could support demand, brand engagement and Nike’s strategy of building momentum through key athlete partnerships. Nike’s new Caitlin Clark shoes are already almost sold out
• Positive Sentiment: Record short interest—estimated at roughly 87 million shares—creates the possibility of a sharp short-covering rally if Nike delivers an earnings beat or offers more encouraging guidance. NKE Ticks Higher Ahead Of Q1 As Short Interest Hits Record 87M Shares
• Neutral Sentiment: Nike is giving its China business greater control over product decisions and distribution as it attempts to respond more quickly to local competitors. The move could improve execution, but it also highlights the severity of Nike’s falling China sales and competitive challenges. Nike Lost China to Local Brands, Now It’s Trying to Think Like One
• Negative Sentiment: Analysts expect another quarter of declining sales, with consensus estimates of approximately $0.44 in earnings per share and $11.34 billion in revenue. Investors are also watching for conservative guidance, as Nike previously indicated that sales could be flat during the first half of the fiscal year. Nike is set to report earnings after the bell
• Negative Sentiment: Bank of America warned that weak demand, margin pressure and a slower-than-expected recovery could push NKE lower, while other analysts have reduced price targets ahead of the report. Options markets imply substantial post-earnings volatility, with traders preparing for a potential move toward a 13-year low. Why Bank of America Is Betting That Nike Stock Will Fall from Here

NIKE Company Profile

NIKE, Inc is a global sportswear company that designs, develops, markets and sells athletic footwear, apparel, equipment, accessories and related services. Its products are marketed under the NIKE, Jordan and Converse brands and are used across a broad range of sports and lifestyle activities, including running, basketball, football, training and outdoor pursuits.

The company distributes its products through a combination of wholesale partners, NIKE-owned retail stores and digital platforms.