NIKE, Inc. (NYSE:NKE) Given Consensus Recommendation of “Hold” by Brokerages

NIKE, Inc. (NYSE:NKE) has been given a consensus recommendation of “Hold” by the thirty-seven brokerages that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, twenty have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $52.9441.

NKE has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on NIKE from $43.00 to $45.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Argus raised NIKE to a “strong-buy” rating in a research note on Wednesday, July 15th. Truist Financial set a $42.00 price objective on NIKE and gave the company a “hold” rating in a report on Wednesday, August 26th. Telsey Advisory Group set a $47.00 target price on NIKE and gave the stock a “market perform” rating in a research note on Wednesday, July 1st. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $45.00 target price on shares of NIKE in a report on Tuesday, August 25th.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Some early signs of recovery are emerging in China, particularly in running, football and premium retail. However, the improvement remains preliminary and is offset by significant sales declines and ongoing inventory cleanup. NIKE’s China Business: Recovery Story or Ongoing Challenge?
• Positive Sentiment: Insider activity is mixed but includes purchases by CEO Elliott Hill and other directors and executives, which may indicate confidence that the depressed valuation offers long-term value. The median analyst price target of $47.50 also remains above recent trading levels, although estimates vary widely. Nike Stock Opinions on Earnings Miss and S&P 100 Removal
• Neutral Sentiment: Analysts and investors appear cautious, viewing the recovery as a multi-year effort requiring better product execution, stronger digital sales and improved regional performance. Nike’s dividend continues to attract some longer-term investors, but it has not overcome concerns about earnings quality and cash-flow deterioration.
• Negative Sentiment: S&P Dow Jones Indices will remove Nike from the S&P 100 effective September 21, ending an approximately 18-year membership. The change reflects the company’s sharp decline in market value and could reduce its visibility among index-tracking investors. Nike to lose S&P 100 place as stock sinks to 12-year low
• Negative Sentiment: Recent commentary highlights earnings concerns, elevated prices for basic apparel, weakness in China and digital sales, and intensifying competition from brands and retailers such as Lululemon and Dick’s Sporting Goods. These issues reinforce fears that the turnaround will take several years. Nike Has Tumbled in 2026: Is It Time to Switch?

Insider Buying and Selling at NIKE

In related news, insider Amy Montagne sold 4,867 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $42.05, for a total transaction of $204,657.35. Following the sale, the insider directly owned 57,436 shares of the company’s stock, valued at $2,415,183.80. This represents a 7.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Matthew Friend sold 2,463 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $3,418,064. This trade represents a 2.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 26,142 shares of company stock worth $1,169,380. 1.10% of the stock is owned by company insiders.

Institutional Trading of NIKE

Large investors have recently modified their holdings of the stock. Scarborough Advisors LLC acquired a new position in NIKE during the 1st quarter worth $25,000. Cornerstone Financial Management LLC acquired a new stake in NIKE in the 4th quarter valued at about $26,000. Sankala Group LLC acquired a new stake in NIKE in the 4th quarter valued at about $26,000. Meeder Asset Management Inc. boosted its stake in shares of NIKE by 108.4% in the 1st 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, J.Safra Asset Management Corp acquired a new position in shares of NIKE during the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE Trading Down 0.0%

NYSE NKE opened at $38.39 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36. The stock has a market capitalization of $56.95 billion, a P/E ratio of 18.37, a PEG ratio of 1.88 and a beta of 1.10. The firm’s 50-day moving average is $41.52 and its two-hundred day moving average is $45.98. NIKE has a 12 month low of $37.95 and a 12 month high of $76.97.

NIKE (NYSE:NKE) last announced its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. The business had revenue of $10.97 billion during the quarter, compared to analysts’ expectations of $10.85 billion. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period last year, the business earned $0.14 earnings per share. On average, sell-side analysts anticipate that NIKE will post 1.74 earnings per share for the current year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio is currently 78.47%.

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).