NIKE (NYSE:NKE) Price Target Lowered to $55.00 at Telsey Advisory Group

NIKE (NYSE:NKE) had its target price lowered by investment analysts at Telsey Advisory Group from $65.00 to $55.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the footwear maker’s stock. Telsey Advisory Group’s price objective indicates a potential upside of 20.01% from the company’s previous close.

NKE has been the subject of a number of other reports. Sanford C. Bernstein restated a “buy” rating on shares of NIKE in a report on Thursday, March 5th. Barclays raised NIKE from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $64.00 to $73.00 in a report on Wednesday, March 11th. Citigroup reiterated a “neutral” rating and set a $65.00 price objective (down from $70.00) on shares of NIKE in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft reduced their price objective on NIKE from $67.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 23rd. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a research report on Monday, December 15th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $69.73.

NIKE Price Performance

Shares of NYSE NKE opened at $45.83 on Wednesday. NIKE has a twelve month low of $46.62 and a twelve month high of $80.17. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average of $59.68 and a two-hundred day moving average of $63.66. The company has a market capitalization of $67.84 billion, a price-to-earnings ratio of 27.03, a PEG ratio of 2.69 and a beta of 1.27.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company 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 company posted $0.54 EPS. The business’s revenue was up .1% compared to the same quarter last year. As a group, analysts expect that NIKE will post 2.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NIKE

A number of hedge funds have recently modified their holdings of the stock. Cornerstone Financial Management LLC acquired a new stake in NIKE during the fourth quarter valued at $26,000. Sankala Group LLC acquired a new position in NIKE in the 4th quarter worth about $26,000. J.Safra Asset Management Corp acquired a new position in NIKE in the 4th quarter worth about $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of NIKE during the 4th quarter worth about $30,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of NIKE during the 2nd quarter worth about $31,000. 64.25% of the stock is owned by institutional investors and hedge funds.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 beat on top and bottom lines — EPS of $0.35 and revenue roughly in line with expectations, showing some traction from product resets and discount control. NIKE Inc. Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management notes turnaround progress (product innovation, running category strength) and several analysts/shops still maintain buy/overweight views — evidence there remains conviction among some investors and boutiques. Nike third-quarter sales beat estimates
• Neutral Sentiment: Company intentionally cleared excess inventory, which helps future gross-margin recovery but compressed current margins and cash flow in the quarter (a tradeoff investors need to price). Nike Takes ‘Intentional’ Hit To Clear ‘Unhealthy Inventory’
• Negative Sentiment: Weak near‑term guidance: Nike expects revenue to decline in the next quarter (company cited a projected ~20% drop in China sales), extending uncertainty around the pace of the turnaround — the main driver of the stock’s decline. Nike stock tumbles as weakness in China…
• Negative Sentiment: Analysts trimmed targets and reaffirmed cautious/neutral ratings after the call; a number of firms cut forecasts which amplifies selling pressure and lowers near-term upside expectations. These Analysts Cut Their Forecasts On Nike After Q3 Results
• Negative Sentiment: Wider macro & geopolitical risks (tariff/headwind effects, higher oil/pricing pressures, and the Middle East conflict) were flagged as potential additional drags on recovery and supply/cost dynamics. Nike’s turnaround put to test as Middle East conflict poses new risks

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).