NIKE, Inc. (NYSE:NKE) Receives $74.61 Average Price Target from Analysts

NIKE, Inc. (NYSE:NKE) has been assigned an average rating of “Moderate Buy” from the thirty-five brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and twenty-three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $74.9032.

A number of equities analysts have recently commented on NKE shares. Wells Fargo & Company set a $65.00 target price on NIKE and gave the stock an “overweight” rating in a report on Friday, December 19th. Raymond James Financial restated a “market perform” rating on shares of NIKE in a report on Monday, December 15th. Jefferies Financial Group reaffirmed a “buy” rating on shares of NIKE in a research note on Thursday. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of NIKE in a research report on Tuesday, January 27th. Finally, Truist Financial set a $69.00 target price on shares of NIKE in a research note on Wednesday, January 14th.

Insider Buying and Selling

In other news, Director Robert Holmes Swan acquired 8,691 shares of NIKE stock in a transaction that occurred on Monday, December 22nd. The shares were bought at an average cost of $57.54 per share, with a total value of $500,080.14. Following the transaction, the director directly owned 43,293 shares of the company’s stock, valued at $2,491,079.22. This trade represents a 25.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Elliott Hill acquired 16,388 shares of the firm’s stock in a transaction on Monday, December 29th. The stock was purchased at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the purchase, the chief executive officer owned 241,587 shares of the company’s stock, valued at $14,760,965.70. The trade was a 7.28% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 75,079 shares of company stock valued at $4,449,887 in the last ninety days. 0.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On NIKE

A number of large investors have recently bought and sold shares of NKE. Vanguard Group Inc. increased its stake in NIKE by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 116,993,541 shares of the footwear maker’s stock worth $7,453,658,000 after purchasing an additional 1,702,342 shares during the period. State Street Corp boosted its stake in shares of NIKE by 2.2% during the fourth quarter. State Street Corp now owns 59,315,606 shares of the footwear maker’s stock valued at $3,802,807,000 after purchasing an additional 1,275,494 shares during the period. Capital World Investors boosted its stake in shares of NIKE by 16.2% during the fourth quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock valued at $3,126,246,000 after purchasing an additional 6,830,938 shares during the period. J. Stern & Co. LLP grew its holdings in shares of NIKE by 49,010.4% in the fourth quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock worth $3,061,555,000 after purchasing an additional 47,956,692 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of NIKE by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 26,442,879 shares of the footwear maker’s stock worth $1,677,251,000 after purchasing an additional 233,925 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE Stock Down 0.2%

Shares of NYSE:NKE opened at $54.00 on Tuesday. The company has a market cap of $79.93 billion, a price-to-earnings ratio of 31.76, a PEG ratio of 2.76 and a beta of 1.27. NIKE has a 12 month low of $52.28 and a 12 month high of $80.17. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $62.53 and a 200 day moving average price of $65.61.

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

NIKE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.0%. The ex-dividend date is Monday, March 2nd. NIKE’s dividend payout ratio is presently 96.47%.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to an Overweight, citing a clear North America recovery, stronger wholesale bookings, and a refreshed product pipeline that could drive margin recovery and re‑rating. This upgrade is the main bullish catalyst today. Barclays upgrades NIKE (NKE)
• Positive Sentiment: Multiple outlets (MarketBeat, TheStreet) amplified the Barclays call, highlighting improving North America sales, inventory cleanup and product momentum — factors that could support upside if execution continues. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Nike promoted Cimarron Nix to chief sustainability officer, adding supply‑chain and labor expertise to management — a governance/ESG move that may help long‑term brand and operational resilience but is unlikely to move near‑term earnings. Can Nike’s New Sustainability Chief Reframe NKE’s Long-Term Competitive Edge Story?
• Negative Sentiment: Short‑term selling: recent coverage notes a bigger single‑day decline and extended multi‑month underperformance — investor skepticism persists despite the upgrade. That ongoing weakness is pressuring the stock. Nike (NKE) Registers a Bigger Fall Than the Market
• Negative Sentiment: Options market shows moderately bearish positioning and higher implied volatility, with elevated demand for downside protection — a signal that traders expect continued near‑term swings. Option traders moderately bearish in Nike
• Negative Sentiment: Bearish analyst/editorial pieces cite ongoing risks (China weakness, Converse reset, valuation concerns) and list reasons to sell — these narratives can keep downward pressure until clearer signs of global stabilization appear. 3 Reasons to Sell NKE

About NIKE

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).