Zacks Research Weighs in on NIKE’s Q1 Earnings (NYSE:NKE)

NIKE, Inc. (NYSE:NKE) – Equities research analysts at Zacks Research reduced their Q1 2027 earnings per share estimates for NIKE in a research report issued on Tuesday, July 21st. Zacks Research analyst Team now expects that the footwear maker will post earnings per share of $0.44 for the quarter, down from their prior estimate of $0.46. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for NIKE’s current full-year earnings is $1.74 per share. Zacks Research also issued estimates for NIKE’s Q2 2027 earnings at $0.56 EPS, Q3 2027 earnings at $0.42 EPS, Q4 2027 earnings at $0.27 EPS, FY2027 earnings at $1.69 EPS, Q1 2028 earnings at $0.51 EPS, Q3 2028 earnings at $0.47 EPS, FY2028 earnings at $2.11 EPS and FY2029 earnings at $2.63 EPS.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The business had revenue of $10.97 billion for the quarter, compared to analyst estimates of $10.85 billion. During the same period last year, the company posted $0.14 earnings per share. NIKE’s quarterly revenue was down 1.1% compared to the same quarter last year.

A number of other equities analysts also recently weighed in on the stock. DA Davidson downgraded shares of NIKE from a “buy” rating to a “neutral” rating and cut their price target for the stock from $72.00 to $46.00 in a report on Thursday, April 2nd. DZ Bank restated a “buy” rating on shares of NIKE in a report on Tuesday, June 30th. Oppenheimer lowered their price objective on shares of NIKE from $120.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, June 26th. Bank of America dropped their target price on shares of NIKE from $55.00 to $47.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 1st. Finally, JPMorgan Chase & Co. reduced their target price on shares of NIKE from $52.00 to $47.00 and set a “neutral” rating for the company in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $53.86.

NIKE Stock Down 1.1%

Shares of NYSE:NKE opened at $42.99 on Wednesday. NIKE has a 1 year low of $40.00 and a 1 year high of $80.17. The company has a market capitalization of $63.66 billion, a PE ratio of 20.57, a price-to-earnings-growth ratio of 1.92 and a beta of 1.12. The business has a fifty day moving average price of $43.70 and a two-hundred day moving average price of $51.52. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36.

Hedge Funds Weigh In On NIKE

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Main Street Financial Solutions LLC lifted its position in NIKE by 4.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after purchasing an additional 139 shares during the last quarter. Diligent Investors LLC increased its holdings in shares of NIKE by 4.3% in the 4th quarter. Diligent Investors LLC now owns 3,719 shares of the footwear maker’s stock worth $237,000 after buying an additional 153 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of NIKE by 4.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,978 shares of the footwear maker’s stock worth $253,000 after buying an additional 163 shares during the last quarter. Lakeshore Capital Group Inc. raised its position in shares of NIKE by 2.9% during the 4th quarter. Lakeshore Capital Group Inc. now owns 5,868 shares of the footwear maker’s stock valued at $374,000 after buying an additional 165 shares in the last quarter. Finally, ANB Bank raised its position in shares of NIKE by 0.7% during the 4th quarter. ANB Bank now owns 25,451 shares of the footwear maker’s stock valued at $1,621,000 after buying an additional 165 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Philip Mccartney sold 17,398 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $46.18, for a total value of $803,439.64. Following the sale, the executive vice president directly owned 53,133 shares in the company, valued at approximately $2,453,681.94. The trade was a 24.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.10% of the company’s stock.

NIKE Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 1st were issued a $0.41 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.64 annualized dividend and a yield of 3.8%. NIKE’s dividend payout ratio (DPR) is 78.47%.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE is shifting China online sales toward its own website/app and official storefronts on Tmall, JD.com, and Douyin, which could strengthen pricing power, reduce discounting, and improve control over the customer experience. Nike Ends China Online Distribution Deal in Strategy Shift
• Positive Sentiment: The restructuring suggests NIKE is trying to fix a “cluttered” marketplace in China by funneling demand through official channels, which could help rebuild brand positioning and support long-term sales quality. Nike to tighten online sales in China amid ‘cluttered’ marketplace
• Neutral Sentiment: Analysts and commentary pieces continue to frame NIKE’s turnaround around innovation, retail execution, and brand reset efforts, but these are longer-term themes rather than immediate catalysts. NIKE’s Innovation Pipeline: Can New Products Spark Demand?
• Negative Sentiment: The China changes also signal that NIKE is trying to defend a weakened position in its third-largest market, where domestic competitors have been gaining ground and growth has been under pressure. Nike stock in focus: why is it cutting thousands of China sellers?
• Negative Sentiment: Recent articles also highlight broader headwinds for NIKE (NKE), including flat revenue growth, weaker consumer demand, and tariff pressure on margins, which help explain why the stock has remained under pressure. Why Nike Stock Lost 36% in the First Half of 2026

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).