NIKE (NYSE:NKE) Releases FY 2027 Earnings Guidance

NIKE (NYSE:NKE) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.150-1.350 for the period, compared to the consensus estimate of 1.660. The company issued revenue guidance of -.

Analyst Ratings Changes

Several analysts recently commented on NKE shares. Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a report on Tuesday. Telsey Advisory Group set a $44.00 price objective on shares of NIKE and gave the stock a “market perform” rating in a research report on Tuesday, September 15th. Zacks Research upgraded NIKE from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Truist Financial set a $42.00 price target on NIKE and gave the stock a “hold” rating in a report on Wednesday, August 26th. Finally, Citigroup downgraded NIKE from a “neutral” rating to a “negative” rating in a research note on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twenty-one have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $46.62.

NIKE Price Performance

NYSE NKE traded down $0.35 during midday trading on Thursday, hitting $35.05. The company had a trading volume of 90,105,750 shares, compared to its average volume of 23,341,389. The firm has a 50-day moving average price of $39.16 and a 200-day moving average price of $43.07. The company has a market capitalization of $51.99 billion, a PE ratio of 16.77, a P/E/G ratio of 2.02 and a beta of 1.10. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40. NIKE has a twelve month low of $35.02 and a twelve month high of $76.97.

NIKE (NYSE:NKE) last released its earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.04. NIKE had a return on equity of 16.54% and a net margin of 6.70%.NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. As a group, analysts anticipate that NIKE will post 1.64 earnings per share for the current fiscal year.

NIKE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio is 78.47%.

Insider Activity

In other news, CFO Matthew Friend sold 2,463 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $102,460.80. Following the completion of the transaction, the chief financial officer owned 82,165 shares of the company’s stock, valued at approximately $3,418,064. The trade was a 2.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Philip McCartney sold 2,559 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total value of $96,192.81. Following the sale, the executive vice president owned 78,121 shares of the company’s stock, valued at approximately $2,936,568.39. This represents a 3.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 14,974 shares of company stock worth $600,126. Insiders own 1.10% of the company’s stock.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Nike’s new Caitlin Clark signature shoe, the Caitlin 1, was nearly sold out less than two hours after launch at a $140 retail price. The strong debut could support demand, brand engagement and Nike’s strategy of building momentum through key athlete partnerships. Nike’s new Caitlin Clark shoes are already almost sold out
• Positive Sentiment: Record short interest—estimated at roughly 87 million shares—creates the possibility of a sharp short-covering rally if Nike delivers an earnings beat or offers more encouraging guidance. NKE Ticks Higher Ahead Of Q1 As Short Interest Hits Record 87M Shares
• Neutral Sentiment: Nike is giving its China business greater control over product decisions and distribution as it attempts to respond more quickly to local competitors. The move could improve execution, but it also highlights the severity of Nike’s falling China sales and competitive challenges. Nike Lost China to Local Brands, Now It’s Trying to Think Like One
• Negative Sentiment: Analysts expect another quarter of declining sales, with consensus estimates of approximately $0.44 in earnings per share and $11.34 billion in revenue. Investors are also watching for conservative guidance, as Nike previously indicated that sales could be flat during the first half of the fiscal year. Nike is set to report earnings after the bell
• Negative Sentiment: Bank of America warned that weak demand, margin pressure and a slower-than-expected recovery could push NKE lower, while other analysts have reduced price targets ahead of the report. Options markets imply substantial post-earnings volatility, with traders preparing for a potential move toward a 13-year low. Why Bank of America Is Betting That Nike Stock Will Fall from Here

About NIKE

NIKE, Inc is a global sportswear company that designs, develops, markets and sells athletic footwear, apparel, equipment, accessories and related services. Its products are marketed under the NIKE, Jordan and Converse brands and are used across a broad range of sports and lifestyle activities, including running, basketball, football, training and outdoor pursuits.

The company distributes its products through a combination of wholesale partners, NIKE-owned retail stores and digital platforms.