NIKE, Inc. (NYSE:NKE) Receives $62.34 Consensus Target Price from Analysts

NIKE, Inc. (NYSE:NKE) has earned a consensus recommendation of “Hold” from the thirty-six research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation and seventeen have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $62.3424.

Several research firms have commented on NKE. BNP Paribas Exane decreased their price target on shares of NIKE from $35.00 to $23.00 and set an “underperform” rating for the company in a research report on Wednesday, April 1st. Stifel Nicolaus dropped their target price on NIKE from $65.00 to $56.00 and set a “hold” rating on the stock in a research note on Wednesday, April 1st. Citigroup cut their price objective on shares of NIKE from $65.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, April 1st. CICC Research lowered shares of NIKE from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $69.00 to $58.00 in a research report on Monday, April 6th. Finally, Telsey Advisory Group dropped their target price on shares of NIKE from $65.00 to $55.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 1st.

NIKE Stock Performance

Shares of NKE stock opened at $43.03 on Wednesday. The firm has a market cap of $63.73 billion, a price-to-earnings ratio of 28.50, a PEG ratio of 2.29 and a beta of 1.12. The company’s 50 day moving average is $50.94 and its 200 day moving average is $59.47. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. NIKE has a 52-week low of $42.09 and a 52-week high of $80.17.

NIKE (NYSE:NKE) last issued its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The company had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. NIKE’s revenue was up .1% compared to the same quarter last year. During the same period last year, the company posted $0.54 earnings per share. On average, sell-side analysts anticipate that NIKE will post 1.51 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, June 1st. NIKE’s payout ratio is presently 108.61%.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Wholesale rebuild is driving growth and helping NIKE regain market share; management says wholesale remains the primary shopping environment for many consumers, which could stabilize revenue if execution continues. Is NIKE’s Wholesale Rebuild the Key to Its Earnings Stability?
• Positive Sentiment: Board declared a $0.41 quarterly dividend (payable July 1; ex-dividend June 1), implying a ~3.8% yield — a cash-return signal that supports income-focused investors and may steady the shareholder base. NIKE, Inc. Declares $0.41 Quarterly Dividend
• Neutral Sentiment: Dividend yield comparisons (e.g., vs. Verizon) highlight that headline yields mask differences in earnings power and cash coverage — useful context but not a direct catalyst for NKE alone. Verizon Has a Dividend Yield Of 5.9% and Nike’s Is 3.7%
• Negative Sentiment: Profitability pressure: recent analysis notes wholesale progress but warns it won’t fully offset margin compression and other headwinds — raising questions about durable earnings stability. Is NIKE’s Wholesale Rebuild the Key to Its Earnings Stability?
• Negative Sentiment: Share-price and operational stress: NKE has fallen sharply over recent months (reported ~29% drop over 3 months), driven by inventory clean-up and Sportswear weakness; this selling pressure and recent YOY EPS decline are weighing on near-term sentiment. NIKE Stock Drops 29% in 3 Months

Insider Transactions at NIKE

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

Institutional Investors Weigh In On NIKE

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NKE. Brighton Jones LLC lifted its holdings in NIKE by 388.5% in the fourth quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after acquiring an additional 160,980 shares during the period. Caxton Associates LLP acquired a new stake in shares of NIKE during the 1st quarter worth approximately $311,000. United Bank increased its holdings in shares of NIKE by 11.3% during the 2nd quarter. United Bank now owns 17,067 shares of the footwear maker’s stock valued at $1,212,000 after purchasing an additional 1,736 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of NIKE by 0.3% in the 2nd quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker’s stock valued at $4,558,000 after purchasing an additional 197 shares during the period. Finally, CIBC Asset Management Inc lifted its stake in shares of NIKE by 6.5% in the 2nd quarter. CIBC Asset Management Inc now owns 191,268 shares of the footwear maker’s stock valued at $13,588,000 after purchasing an additional 11,646 shares during the period. 64.25% of the stock is owned by institutional investors and hedge funds.

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).