NIKE (NYSE:NKE) Releases FY 2027 Earnings Guidance

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

Analyst Ratings Changes

Several analysts have issued reports on NKE shares. CICC Research lowered their target price on NIKE from $58.00 to $44.80 and set a “neutral” rating on the stock in a research note on Thursday, July 2nd. KeyCorp reiterated a “sector weight” rating on shares of NIKE in a research note on Friday. Berenberg Bank set a $49.00 price objective on NIKE and gave the company a “hold” rating in a research note on Friday, July 3rd. China Renaissance dropped their price objective on shares of NIKE from $50.30 to $47.30 and set a “hold” rating on the stock in a report on Thursday, July 2nd. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $30.00 price target (down from $38.00) on shares of NIKE in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twenty-two have issued a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat, NIKE has an average rating of “Hold” and a consensus price target of $42.12.

NIKE Stock Down 3.6%

NKE stock opened at $33.88 on Friday. NIKE has a 1-year low of $31.97 and a 1-year high of $74.78. The stock has a market cap of $50.27 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 2.42 and a beta of 1.09. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $38.88 and its 200 day moving average is $42.88.

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

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 4.8%. The ex-dividend date was Tuesday, September 1st. NIKE’s dividend payout ratio is presently 78.47%.

Insider Activity

In other NIKE news, COO Venkatesh Alagirisamy sold 3,671 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $137,992.89. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew Friend sold 2,463 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $102,460.80. Following the sale, the chief financial officer owned 82,165 shares of the company’s stock, valued at approximately $3,418,064. This represents a 2.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 14,974 shares of company stock valued at $600,126 in the last three months. Corporate insiders own 1.10% of the company’s stock.

Key Headlines Impacting 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.

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.