NIKE (NYSE:NKE) Given New $55.00 Price Target at Telsey Advisory Group

NIKE (NYSE:NKE) had its price target reduced by analysts at Telsey Advisory Group from $65.00 to $55.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the footwear maker’s stock. Telsey Advisory Group’s target price points to a potential upside of 20.01% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on NKE. Sanford C. Bernstein reiterated a “buy” rating on shares of NIKE in a research note on Thursday, March 5th. Barclays upgraded shares of NIKE from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $64.00 to $73.00 in a research report on Wednesday, March 11th. Williams Trading cut their price objective on shares of NIKE from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Stifel Nicolaus set a $65.00 target price on shares of NIKE and gave the company a “hold” rating in a research note on Friday, December 19th. Finally, Argus decreased their target price on shares of NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $69.73.

NIKE Stock Down 13.2%

NYSE:NKE opened at $45.83 on Wednesday. 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 stock has a 50 day moving average of $59.68 and a 200-day moving average of $63.66. The firm has a market capitalization of $67.84 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 2.69 and a beta of 1.27. NIKE has a 52 week low of $46.62 and a 52 week high of $80.17.

NIKE (NYSE:NKE) last announced its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The business 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 business posted $0.54 EPS. The business’s revenue was up .1% on a year-over-year basis. Analysts predict that NIKE will post 2.05 EPS for the current year.

Institutional Trading of NIKE

A number of hedge funds and other institutional investors have recently made changes to their positions in NKE. Cornerstone Financial Management LLC bought a new stake in NIKE during the fourth quarter worth approximately $26,000. Sankala Group LLC acquired a new stake in NIKE in the fourth quarter worth approximately $26,000. J.Safra Asset Management Corp acquired a new stake in NIKE in the fourth quarter worth approximately $29,000. Kemnay Advisory Services Inc. bought a new position in NIKE during the 4th quarter valued at $30,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in NIKE during the 2nd quarter valued at $31,000. 64.25% of the stock is currently owned by institutional investors.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 beat on top and bottom lines — EPS of $0.35 and revenue roughly in line with expectations, showing some traction from product resets and discount control. NIKE Inc. Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management notes turnaround progress (product innovation, running category strength) and several analysts/shops still maintain buy/overweight views — evidence there remains conviction among some investors and boutiques. Nike third-quarter sales beat estimates
• Neutral Sentiment: Company intentionally cleared excess inventory, which helps future gross-margin recovery but compressed current margins and cash flow in the quarter (a tradeoff investors need to price). Nike Takes ‘Intentional’ Hit To Clear ‘Unhealthy Inventory’
• Negative Sentiment: Weak near‑term guidance: Nike expects revenue to decline in the next quarter (company cited a projected ~20% drop in China sales), extending uncertainty around the pace of the turnaround — the main driver of the stock’s decline. Nike stock tumbles as weakness in China…
• Negative Sentiment: Analysts trimmed targets and reaffirmed cautious/neutral ratings after the call; a number of firms cut forecasts which amplifies selling pressure and lowers near-term upside expectations. These Analysts Cut Their Forecasts On Nike After Q3 Results
• Negative Sentiment: Wider macro & geopolitical risks (tariff/headwind effects, higher oil/pricing pressures, and the Middle East conflict) were flagged as potential additional drags on recovery and supply/cost dynamics. Nike’s turnaround put to test as Middle East conflict poses new risks

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).