NIKE, Inc. (NYSE:NKE) Stock Has Average Target Price of $47.91

NIKE, Inc. (NYSE:NKE) has been given a consensus rating of “Hold” by the thirty-nine research firms that are covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $42.12.

NKE has been the subject of several analyst reports. HSBC cut their price objective on shares of NIKE from $48.00 to $40.00 and set a “hold” rating for the company in a report on Monday, September 28th. BMO Capital Markets restated an “underperform” rating and set a $25.00 target price on shares of NIKE in a research report on Friday. UBS Group restated a “neutral” rating and set a $34.00 target price (down from $42.00) on shares of NIKE in a research report on Friday. Zacks Research lowered NIKE from a “hold” rating to a “strong sell” rating in a report on Thursday. Finally, CICC Research reduced their price target on NIKE from $58.00 to $44.80 and set a “neutral” rating for the company in a research report on Thursday, July 2nd.

NIKE Price Performance

NYSE NKE opened at $33.88 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.96 and a debt-to-equity ratio of 0.40. The company has a market cap of $50.27 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 2.42 and a beta of 1.09. NIKE has a 52 week low of $31.97 and a 52 week high of $74.78. The firm’s 50-day simple moving average is $38.88 and its two-hundred day simple moving average is $42.88.

NIKE (NYSE:NKE) last posted its earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.05. NIKE had a net margin of 6.74% and a return on equity of 16.18%. The firm had revenue of $11.21 billion during the quarter, compared to the consensus estimate of $11.32 billion. During the same quarter last year, the company earned $0.49 earnings per share. The company’s revenue was down 4.3% on a year-over-year basis. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. Research analysts predict that NIKE will post 1.61 earnings per share for the current year.

NIKE Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st were paid a $0.41 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.64 annualized dividend and a yield of 4.8%. NIKE’s dividend payout ratio (DPR) is currently 78.47%.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE reported fiscal Q1 EPS of $0.48, above the $0.43 analyst consensus. The company also retains a strong balance sheet, with approximately $8.4 billion in cash and short-term investments, while its dividend yield is approaching 5%. NIKE Posts Earnings Results
• Positive Sentiment: Some analysts see the selloff as an opportunity. Freedom Broker upgraded NKE from “sell” to “buy” with a $51 price target, while BTIG maintained a “buy” rating with a $50 target. Bernstein called the stock “de-risked” following the earnings release. Bernstein says Nike stock is de-risked
• Neutral Sentiment: NIKE is launching the Pace restructuring program, targeting approximately $2.5 billion in savings. Management said the plan is intended to simplify operations and support performance categories, but implementation will include further job cuts likely extending into 2027. NIKE fiscal 2027 first-quarter results
• Neutral Sentiment: The company’s dividend appears supported by its liquidity and history of 24 consecutive years of increases, although a higher yield also reflects the stock’s substantial decline and investors’ concerns about future earnings.
• Negative Sentiment: Fiscal Q1 revenue fell 4.3% year over year to $11.21 billion, below the $11.32 billion consensus estimate. Weakness in Greater China, Sportswear and Jordan continued to weigh on sales, while competition and changing consumer preferences are pressuring the brand. Nike plans more job cuts and forecasts revenue drop
• Negative Sentiment: Management expects fiscal 2027 revenue to decline by a high-single-digit percentage and provided EPS guidance of $1.15–$1.35, well below the roughly $1.66 analyst consensus. The outlook suggests Nike’s turnaround may take longer and be more costly than investors expected. Nike shares fall after weak outlook and layoffs
• Negative Sentiment: Several firms reduced price targets, including Citi to $32 and JPMorgan to $33, with neutral or underweight ratings. Zacks also placed NKE on its Strong Sell list, reinforcing concerns about margin pressure, China weakness and delayed recovery.

Insider Buying and Selling

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

Hedge Funds Weigh In On NIKE

Several hedge funds have recently bought and sold shares of NKE. Scarborough Advisors LLC bought a new position in NIKE in the 1st quarter valued at $25,000. Cornerstone Financial Management LLC bought a new position in shares of NIKE in the fourth quarter worth $26,000. Sankala Group LLC purchased a new stake in shares of NIKE in the fourth quarter worth $26,000. Meeder Asset Management Inc. boosted its stake in NIKE by 108.4% during the first quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker’s stock valued at $29,000 after buying an additional 285 shares during the period. Finally, Atlas Wealth LLC purchased a new position in NIKE during the first quarter worth about $31,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

About NIKE

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.