Analysts Set NIKE, Inc. (NYSE:NKE) Target Price at $52.94

NIKE, Inc. (NYSE:NKE) has earned a consensus rating of “Hold” from the thirty-seven analysts that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation, twenty have assigned a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $52.9441.

NKE has been the topic of several analyst reports. UBS Group set a $48.00 price objective on NIKE and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Citigroup reiterated a “neutral” rating on shares of NIKE in a research note on Wednesday, July 22nd. Needham & Company LLC restated a “hold” rating on shares of NIKE in a research note on Thursday, June 4th. Zacks Research raised shares of NIKE from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, Stifel Nicolaus set a $45.00 price objective on shares of NIKE and gave the company a “hold” rating in a research note on Wednesday, July 1st.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Recent analysis highlights signs that NIKE’s margins are beginning to stabilize, which could support earnings recovery if the company successfully improves its product lineup, brand momentum and inventory management. At the current depressed valuation, patient investors may see a potential turnaround opportunity. Nike Stock Is Down 78% From Its All-Time High. Is This the Once-in-a-Decade Setup for Patient Investors?
• Positive Sentiment: Another review describes NKE as a possible turnaround bet following its 2026 slump, suggesting that expectations are already low and that operational progress could generate upside if the recovery gains traction. Nike Presents a Turnaround Bet after 2026 Slump
• Neutral Sentiment: The latest valuation discussion asks whether the steep decline has created an undervalued opportunity or a value trap. Fresh price targets and evidence of stabilizing margins are constructive, but the stock’s recovery remains dependent on sustained execution. Down almost 80%, is Nike stock undervalued or a value trap?
• Neutral Sentiment: NIKE has closed 11 U.S. stores, including one in California. The closures may reduce costs and reflect efforts to reshape its retail footprint, but they also signal ongoing pressure on physical-store performance. Nike closes 11 stores across the US
• Negative Sentiment: Skeptical commentary says the turnaround is difficult and that NKE’s valuation may provide limited margin of safety despite the share-price decline. Concerns include sluggish sales, margin pressure and the risk that recovery efforts take longer than expected. Nike: A Difficult Turnaround At A Price That Offers Little Margin Of Safety
• Negative Sentiment: A separate analysis argues that NKE has not established a durable bottom, highlighting several fundamental problems that could continue to weigh on the shares even as management makes progress. 4 Fundamental Reasons Why I Believe Nike Stock Hasn’t Bottomed Yet

Insider Transactions at NIKE

In other NIKE news, COO Venkatesh Alagirisamy sold 890 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 $37,024.00. Following the transaction, the chief operating officer owned 74,820 shares of the company’s stock, valued at $3,112,512. This trade represents a 1.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $204,657.35. Following the sale, the insider directly owned 57,436 shares in the company, valued at approximately $2,415,183.80. This represents a 7.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 26,142 shares of company stock worth $1,169,380. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Main Street Financial Solutions LLC boosted its position in NIKE by 4.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after purchasing an additional 139 shares during the period. ANB Bank increased its position in NIKE by 0.7% in the fourth quarter. ANB Bank now owns 25,451 shares of the footwear maker’s stock worth $1,621,000 after buying an additional 165 shares during the period. Cornerstone Wealth Management LLC lifted its stake in NIKE by 4.4% in the fourth quarter. Cornerstone Wealth Management LLC now owns 3,970 shares of the footwear maker’s stock valued at $253,000 after buying an additional 169 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its stake in NIKE by 14.1% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,416 shares of the footwear maker’s stock valued at $90,000 after buying an additional 175 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC boosted its holdings in shares of NIKE by 0.8% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 23,293 shares of the footwear maker’s stock valued at $1,624,000 after acquiring an additional 181 shares during the period. 64.25% of the stock is currently owned by institutional investors.

NIKE Stock Performance

NIKE stock opened at $38.78 on Tuesday. NIKE has a 12-month low of $37.95 and a 12-month high of $76.97. 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 company has a market capitalization of $57.53 billion, a price-to-earnings ratio of 18.56, a price-to-earnings-growth ratio of 1.87 and a beta of 1.10. The firm’s fifty day moving average price is $41.62 and its 200 day moving average price is $46.34.

NIKE (NYSE:NKE) last posted its quarterly earnings data 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 company 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 firm’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.14 EPS. On average, research analysts forecast that NIKE will post 1.74 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s 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).