NIKE (NYSE:NKE) Given New $54.00 Price Target at UBS Group

NIKE (NYSE:NKE) had its price objective lowered by equities research analysts at UBS Group from $58.00 to $54.00 in a research report issued on Wednesday,MarketScreener Latest Ratings reports. The brokerage presently has a “neutral” rating on the footwear maker’s stock. UBS Group’s price objective suggests a potential upside of 20.80% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Evercore reduced their price target on shares of NIKE from $69.00 to $57.00 and set an “outperform” rating for the company in a research report on Wednesday. Robert W. Baird cut their target price on shares of NIKE from $85.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday. BTIG Research reduced their target price on shares of NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday. BNP Paribas Exane dropped their price target on shares of NIKE from $35.00 to $23.00 and set an “underperform” rating on the stock in a research note on Wednesday. Finally, Berenberg Bank reissued a “neutral” rating and set a $70.00 price objective on shares of NIKE in a research report on Friday, December 19th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $64.43.

NIKE Stock Down 15.4%

Shares of NKE traded down $8.12 during mid-day trading on Wednesday, reaching $44.70. The company had a trading volume of 97,535,659 shares, compared to its average volume of 17,243,965. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. The company has a market capitalization of $66.18 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 2.69 and a beta of 1.27. The firm has a 50-day moving average price of $59.68 and a 200 day moving average price of $63.66. NIKE has a 52 week low of $44.65 and a 52 week high of $80.17.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $11.23 billion. During the same quarter in the previous year, the business earned $0.54 earnings per share. The firm’s quarterly revenue was up .1% compared to the same quarter last year. On average, sell-side analysts forecast that NIKE will post 2.05 EPS for the current year.

Hedge Funds Weigh In On NIKE

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of NIKE by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 116,993,541 shares of the footwear maker’s stock valued at $7,453,658,000 after acquiring an additional 1,702,342 shares during the period. State Street Corp raised its holdings in NIKE by 2.2% in the fourth quarter. State Street Corp now owns 59,315,606 shares of the footwear maker’s stock worth $3,802,807,000 after purchasing an additional 1,275,494 shares in the last quarter. Capital World Investors lifted its position 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 buying an additional 6,830,938 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in shares of NIKE by 49,010.4% in the 4th quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock valued at $3,061,555,000 after buying an additional 47,956,692 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of NIKE by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 26,442,879 shares of the footwear maker’s stock worth $1,677,251,000 after buying an additional 233,925 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 results beat consensus — revenue ~ $11.28B and EPS ~$0.35 topped expectations, showing some traction from product refreshes and tighter discounting. NIKE Q3 press release / transcript
• Positive Sentiment: Some brokers reaffirm bullish views — Sanford Bernstein and others kept buy ratings, signaling that several analysts still see upside if the turnaround proves durable. Bernstein buy rating
• Neutral Sentiment: Balance sheet and capital return remain supportive — Nike’s liquidity and dividend/buyback philosophy reduce downside risk for long‑term investors even as near‑term results wobble. MarketBeat NKE profile
• Negative Sentiment: Weak forward guidance is the main catalyst — management now expects revenue to decline in the coming quarter (company-guidance ~ down 2–4%) and signaled the China recovery will take longer, which outweighed the quarter’s beat. CNBC: Wall Street loses patience with Nike
• Negative Sentiment: Greater China weakness is acute — Nike flagged a sharp drop in China sales (reports cite a ~20% projected decline next quarter), a critical market where recovery delays materially affect growth and margins. Invezz: weak outlook and China slump
• Negative Sentiment: Margin pressure & inventory reset — Nike said it took intentional hits to clear unhealthy inventory and tariffs/costs squeezed gross margin, reducing near‑term profitability. Benzinga: inventory hit & turnaround timing
• Negative Sentiment: Broad analyst resets and downgrades — multiple firms cut price targets and some ratings (e.g., BofA, Deutsche Bank, Jefferies, BNP Paribas among others), signaling lower near‑term expectations and amplifying selling pressure. Proactive: turnaround may take longer; BofA cut
• Negative Sentiment: Market reaction: high volume selling and new multi‑year lows — investors focused on the extended recovery timeline rather than the beat, triggering heavy trading and a sharp share‑price decline. Investopedia: weak outlook spooks investors

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).