NIKE, Inc. (NYSE:NKE) Stock Has Average Price Target of $41.07

Shares of NIKE, Inc. (NYSE:NKE) have been given a consensus rating of “Reduce” by the forty brokerages that are currently covering the company, MarketBeat.com reports. Eleven equities research analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $40.93.

Several equities research analysts recently commented on the stock. Guggenheim reaffirmed a “buy” rating and issued a $50.00 price objective on shares of NIKE in a research report on Thursday. Royal Bank Of Canada lowered their target price on NIKE from $45.00 to $40.00 and set a “sector perform” rating for the company in a report on Tuesday, September 29th. Morgan Stanley set a $27.00 target price on NIKE and gave the stock an “underweight” rating in a report on Friday, October 2nd. UBS Group reissued a “neutral” rating on shares of NIKE in a research note on Thursday. Finally, HSBC cut their price target on NIKE from $48.00 to $40.00 and set a “hold” rating on the stock in a report on Monday, September 28th.

NIKE Stock Performance

Shares of NKE opened at $37.31 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 2.07. NIKE has a twelve month low of $31.97 and a twelve month high of $70.44. The firm’s 50 day moving average price is $37.12 and its two-hundred day moving average price is $41.26. The firm has a market cap of $55.42 billion, a P/E ratio of 17.94, a PEG ratio of 4.37 and a beta of 1.09.

NIKE (NYSE:NKE) last released its quarterly earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. NIKE had a net margin of 6.74% and a return on equity of 15.94%. The company had revenue of $11.21 billion during the quarter, compared to analysts’ expectations of $11.32 billion. During the same quarter in the prior year, the company earned $0.49 earnings per share. 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. On average, analysts forecast that NIKE will post 1.22 EPS for the current fiscal year.

NIKE Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 1st were issued a dividend of $0.41 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.4%. NIKE’s dividend payout ratio (DPR) is presently 78.85%.

Insider Transactions at NIKE

In other NIKE news, insider Amy Montagne sold 4,867 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $42.05, for a total value of $204,657.35. Following the sale, the insider owned 57,436 shares in the company, valued at approximately $2,415,183.80. The trade was a 7.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the company’s stock in a transaction that occurred on 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. This trade represents 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 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of NIKE

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. OneDigital Investment Advisors LLC increased its position in shares of NIKE by 32.8% in the second quarter. OneDigital Investment Advisors LLC now owns 244,296 shares of the footwear maker’s stock valued at $10,028,000 after acquiring an additional 60,375 shares during the last quarter. Douglas Lane & Associates LLC raised its holdings in NIKE by 57.7% during the third quarter. Douglas Lane & Associates LLC now owns 1,521,611 shares of the footwear maker’s stock worth $53,865,000 after acquiring an additional 556,798 shares in the last quarter. B.A. Schrock Wealth Management Inc. acquired a new position in NIKE during the third quarter valued at approximately $1,153,000. Quantitative Investment Management LLC acquired a new position in NIKE during the second quarter valued at approximately $2,459,000. Finally, Deutsche Bank AG grew its stake in NIKE by 8.0% in the second quarter. Deutsche Bank AG now owns 3,566,634 shares of the footwear maker’s stock valued at $146,410,000 after purchasing an additional 264,576 shares in the last quarter. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Guggenheim and BTIG Research reaffirmed Buy ratings and $50 price targets, implying substantial upside from current levels. Barclays also raised its target to $45 and said the shares may be near a bottom. Guggenheim rating Barclays raises Nike price target
• Positive Sentiment: Investors continue to look for evidence that Nike’s brand reset is gaining traction. Recent quarterly earnings exceeded EPS expectations, while rebuilding wholesale relationships and managing inventory could support a longer-term recovery. Nike turnaround article
• Positive Sentiment: Nike plans to bring back a popular retro lifestyle shoe next year, a move that could provide incremental support for consumer interest and its lifestyle business. Nike retro shoe return
• Neutral Sentiment: Nike will hold an Investor Day on November 16–17, with key presentations webcast on November 17. Investors may look for updated targets and details on the turnaround strategy. Nike 2026 Investor Day webcast
• Negative Sentiment: Wolfe Research initiated coverage with an Underperform rating and a $28 price target, citing roughly 25% potential downside. The sharply lower target adds to investor concerns about the pace of earnings recovery.
• Negative Sentiment: A sector-wide retail selloff pushed athletic-apparel stocks lower, with Nike declining alongside Lululemon and Under Armour. This indicates broader concerns about discretionary consumer demand, not solely company-specific weakness. Athletic apparel stock selloff
• Negative Sentiment: Analysts remain concerned about slowing digital sales, weaker direct-to-consumer performance in Greater China, ongoing sales declines and continued competitive pressure in China. UBS maintained a Neutral rating, underscoring uncertainty over the recovery timeline. Nike digital sales slowdown

About NIKE

NIKE, Inc is a global athletic footwear, apparel, equipment and accessories company headquartered near Beaverton, Oregon. The company designs, develops, markets and sells products under the Nike, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE’s product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.