China Renaissance Lowers NIKE (NYSE:NKE) Price Target to $50.30

NIKE (NYSE:NKE) had its price objective reduced by investment analysts at China Renaissance from $74.60 to $50.30 in a research note issued on Thursday,MarketScreener reports. The firm currently has a “hold” rating on the footwear maker’s stock. China Renaissance’s target price indicates a potential upside of 14.62% from the company’s current price.

Several other research analysts also recently commented on the company. Raymond James Financial restated a “market perform” rating on shares of NIKE in a report on Monday, December 15th. Wells Fargo & Company lowered their target price on NIKE from $65.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday. BNP Paribas Exane dropped their price target on NIKE from $35.00 to $23.00 and set an “underperform” rating on the stock in a research report on Wednesday. UBS Group decreased their price objective on NIKE from $58.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of NIKE in a research note on Wednesday. Nineteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, NIKE has a consensus rating of “Moderate Buy” and a consensus price target of $63.42.

NIKE Stock Down 1.7%

Shares of NKE opened at $43.89 on Thursday. The firm has a market capitalization of $64.97 billion, a P/E ratio of 28.73, a P/E/G ratio of 2.78 and a beta of 1.31. NIKE has a 12-month low of $43.90 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 firm has a fifty day moving average price of $59.27 and a 200-day moving average price of $63.53.

NIKE (NYSE:NKE) last posted its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 EPS for the quarter, topping the consensus estimate of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.56%. The company had revenue of $11.28 billion for the quarter, compared to the consensus estimate of $11.23 billion. During the same quarter last year, the firm posted $0.54 EPS. The firm’s revenue was up .1% compared to the same quarter last year. Equities research analysts expect that NIKE will post 2.05 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of NKE. Cornerstone Financial Management LLC purchased a new stake in shares of NIKE during the 4th quarter valued at $26,000. Sankala Group LLC purchased a new position in NIKE during the 4th quarter worth $26,000. J.Safra Asset Management Corp purchased a new position in NIKE during the 4th quarter worth $29,000. Kemnay Advisory Services Inc. acquired a new position in NIKE during the 4th quarter valued at about $30,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in NIKE during the 2nd quarter valued at about $31,000. Institutional investors own 64.25% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 beat on the top and bottom lines — NIKE reported ~$11.28B revenue and $0.35 EPS (above consensus), showing the turnaround has some traction on product and wholesale performance. NIKE, Inc. Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Certain sell-side bulls / higher price targets remain — a number of firms still have buy/outperform ratings and elevated price targets (e.g., Guggenheim’s new $74 target), supporting longer‑term upside if Nike repairs China and margins. NIKE (NYSE:NKE) Given New $74.00 Price Target at Guggenheim
• Neutral Sentiment: Major banks reiterate mixed/neutral views — Goldman Sachs and JPMorgan have reaffirmed “Neutral” stances with mid‑range targets, reflecting uncertainty about timing of recovery. NIKE (NYSE:NKE) Given “Neutral” Rating at The Goldman Sachs Group NIKE’s (NKE) Neutral Rating Reaffirmed at JPMorgan Chase & Co.
• Negative Sentiment: Management issued weak Q4 guidance — company now expects revenue to decline (guidance ~‑2% to ‑4%) and signaled China sales will remain depressed, which overshadowed the quarter’s beat and triggered the selloff. Wall Street loses patience with Nike as turnaround drags, China weakness deepens
• Negative Sentiment: China weakness and inventory/discounting pressure — Greater China revenue declined materially and Nike said it’s taking intentional hits to clear unhealthy inventory, weighing on margins and near‑term profit recovery. Nike’s turnaround put to test as Middle East conflict poses new risks
• Negative Sentiment: Margin pressures from tariffs, promotions and cost mix — gross and operating margins contracted; investors are focused on when margin expansion will resume. Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors
• Negative Sentiment: Widespread analyst downgrades and price‑target cuts — multiple firms trimmed targets and shifted to hold/neutral, increasing downside pressure until guidance and China trends improve. Nike Stock Plunges As Weak China Sales Guidance Rattles Investors
• Negative Sentiment: Macro / geopolitical headwinds — Middle East conflict and higher oil prices are cited as additional risks to consumer demand and retailer margins for a global discretionary brand. Why Nike Stock Lost 15% in March

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).