NIKE’s (NKE) “Buy” Rating Reaffirmed at BTIG Research

NIKE (NYSE:NKE)‘s stock had its “buy” rating reaffirmed by stock analysts at BTIG Research in a report issued on Wednesday,Benzinga reports. They presently have a $55.00 price objective on the footwear maker’s stock. BTIG Research’s price target would indicate a potential upside of 33.88% from the stock’s previous close.

A number of other equities research analysts have also commented on NKE. DZ Bank reiterated a “buy” rating on shares of NIKE in a research report on Tuesday, April 21st. Bank of America reissued a “neutral” rating and set a $55.00 price target (down from $73.00) on shares of NIKE in a research report on Wednesday, April 1st. Robert W. Baird decreased their price objective on shares of NIKE from $85.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. Telsey Advisory Group dropped their price objective on shares of NIKE from $65.00 to $55.00 and set a “market perform” rating on the stock in a report on Wednesday, April 1st. Finally, UBS Group set a $50.00 price objective on shares of NIKE and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. Fourteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $56.86.

NIKE Stock Performance

Shares of NKE opened at $41.08 on Wednesday. The stock has a 50-day moving average of $44.01 and a two-hundred day moving average of $53.56. NIKE has a one year low of $40.00 and a one year high of $80.17. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.45 and a current ratio of 2.14. The stock has a market cap of $60.84 billion, a P/E ratio of 27.21, a P/E/G ratio of 1.81 and a beta of 1.12.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The business had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. During the same period in the prior year, the company earned $0.54 earnings per share. The company’s revenue was up .1% on a year-over-year basis. As a group, research analysts predict that NIKE will post 1.49 EPS for the current year.

Insider Buying and Selling

In other NIKE news, CEO Elliott Hill purchased 23,660 shares of NIKE stock in a transaction that occurred on Monday, April 13th. The stock was bought at an average price of $42.27 per share, with a total value of $1,000,108.20. Following the acquisition, the chief executive officer owned 265,247 shares of the company’s stock, valued at $11,211,990.69. This trade represents a 9.79% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Timothy D. Cook bought 25,000 shares of NIKE stock in a transaction dated Friday, April 10th. The shares were acquired at an average cost of $42.43 per share, with a total value of $1,060,750.00. Following the completion of the purchase, the director owned 130,480 shares in the company, valued at approximately $5,536,266.40. This trade represents a 23.70% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 64,441 shares of company stock valued at $2,734,204 in the last ninety days. Company insiders own 0.80% of the company’s stock.

Institutional Trading of NIKE

Several institutional investors have recently modified their holdings of NKE. VectorGlobal IAG Inc. acquired a new stake in shares of NIKE in the first quarter worth approximately $248,000. Hamilton Wealth LLC purchased a new position in NIKE in the 1st quarter valued at $300,000. Sapient Capital LLC boosted its stake in NIKE by 4.2% during the 1st quarter. Sapient Capital LLC now owns 8,233 shares of the footwear maker’s stock worth $439,000 after purchasing an additional 331 shares during the last quarter. Western Wealth Management LLC boosted its stake in NIKE by 98.4% during the 1st quarter. Western Wealth Management LLC now owns 33,030 shares of the footwear maker’s stock worth $1,745,000 after purchasing an additional 16,383 shares during the last quarter. Finally, E Wealth Partners LLC acquired a new stake in shares of NIKE in the first quarter valued at about $279,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE beat Q4 earnings and revenue estimates, showing profitability is improving even as sales remain soft. NIKE, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Management said margins are expected to improve further, which supports the case for a longer-term recovery if execution stabilizes. Tom Nikic Reiterates Hold on Nike as Revenue Outlook Weakens Despite Margin Improvements
• Neutral Sentiment: North America strength and wholesale growth partially offset weakness in other regions, but the recovery is still uneven. Nike turnaround tested by but analyst says ‘this is the bottom’
• Negative Sentiment: China sales fell 12%, reinforcing concerns that NIKE’s key international market remains a major drag on the turnaround. Nike earnings, revenue top estimates even as China sales drop 12%
• Negative Sentiment: Analysts and investors remain skeptical, with several reports saying the company’s cautious outlook and slow turnaround are overshadowing the earnings beat. Nike stock: why did a rare earnings beat fail to lift shares?

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).