Daiwa Capital Markets Issues Pessimistic Forecast for NIKE (NYSE:NKE) Stock Price

NIKE (NYSE:NKE) had its price objective decreased by investment analysts at Daiwa Capital Markets from $75.00 to $61.00 in a research report issued on Tuesday,MarketScreener reports. Daiwa Capital Markets’ price target would suggest a potential upside of 1.54% from the company’s current price.

NKE has been the subject of several other reports. Barclays set a $64.00 target price on shares of NIKE and gave the stock an “equal weight” rating in a report on Friday, December 19th. Berenberg Bank restated a “neutral” rating and issued a $70.00 price objective on shares of NIKE in a report on Friday, December 19th. The Goldman Sachs Group set a $77.00 price objective on NIKE in a research report on Friday, December 19th. Bank of America cut their target price on NIKE from $84.00 to $73.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Finally, BTIG Research restated a “buy” rating and issued a $100.00 price target on shares of NIKE in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, NIKE presently has a consensus rating of “Moderate Buy” and an average price target of $75.84.

NIKE Trading Up 4.8%

NIKE stock opened at $60.08 on Tuesday. NIKE has a 12 month low of $52.28 and a 12 month high of $82.44. The company has a market capitalization of $88.80 billion, a price-to-earnings ratio of 35.34, a price-to-earnings-growth ratio of 2.45 and a beta of 1.29. The business’s fifty day simple moving average is $64.48 and its two-hundred day simple moving average is $69.35. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.16. The firm had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The company’s revenue was up .6% on a year-over-year basis. During the same period last year, the company earned $0.78 earnings per share. As a group, equities analysts predict that NIKE will post 2.05 earnings per share for the current fiscal year.

Insider Transactions at NIKE

In other news, Director Timothy D. Cook bought 50,000 shares of the stock in a transaction on Monday, December 22nd. The shares were bought at an average price of $58.97 per share, with a total value of $2,948,500.00. Following the completion of the acquisition, the director owned 105,480 shares in the company, valued at $6,220,155.60. The trade was a 90.12% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Mark G. Parker sold 86,078 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $64.80, for a total value of $5,577,854.40. Following the sale, the chairman owned 647,615 shares of the company’s stock, valued at approximately $41,965,452. This represents a 11.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders bought 74,841 shares of company stock worth $4,451,334. Company insiders own 0.80% of the company’s stock.

Institutional Trading of NIKE

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of NIKE during the 2nd quarter worth $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in NIKE by 3,129.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock worth $645,855,000 after purchasing an additional 8,809,950 shares during the period. Harris Associates L P purchased a new position in NIKE during the second quarter valued at $621,525,000. Invesco Ltd. grew its holdings in NIKE by 66.1% during the second quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock valued at $863,647,000 after purchasing an additional 4,840,114 shares during the period. Finally, Jennison Associates LLC grew its holdings in NIKE by 42.3% during the third quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock valued at $825,501,000 after purchasing an additional 3,518,666 shares during the period. 64.25% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Apple CEO and Nike board member Tim Cook bought ~50,000 shares (~$2.95M), nearly doubling his stake — a high‑visibility insider purchase that boosted investor confidence in management’s turnaround plan. Read More.
• Positive Sentiment: Another director, Robert Holmes Swan, also bought shares (~8,691 shares, ~$500k), adding to the insider accumulation narrative that helped lift sentiment. Read More.
• Positive Sentiment: Brokerage consensus remains constructive: recent aggregation of analyst ratings shows an overall “Moderate Buy”/buy‑leaning view and several buy/overweight calls remain in place, supporting buyers who view weakness as a recovery opportunity. Read More.
• Neutral Sentiment: Unusual options activity — elevated call buying — suggests short‑term speculative interest and hedge/leveraged positioning around the news; this can amplify intraday moves but is not a fundamentals change. (Market data note)
• Negative Sentiment: Analysts and research notes warn of structural headwinds: margin compression, weak China sales and slower turnaround execution could pressure earnings and multiples; some firms have issued downgrades or cautions. Read More.
• Negative Sentiment: Despite a quarterly beat on revenue and EPS, management’s guidance and international weakness (notably China) sparked the recent selloff — the underlying growth and margin story remains uncertain, keeping downside risk if results don’t improve. Read More.

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).