NIKE, Inc. (NYSE:NKE) Receives Consensus Recommendation of “Hold” from Analysts

NIKE, Inc. (NYSE:NKE) has received a consensus rating of “Hold” from the thirty-six brokerages that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, nineteen have given a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $60.0091.

A number of equities research analysts have weighed in on the company. Williams Trading lowered their price objective on NIKE from $80.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. UBS Group set a $50.00 price objective on NIKE and gave the company a “neutral” rating in a report on Wednesday, June 10th. Truist Financial lowered their price objective on NIKE from $69.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Stifel Nicolaus lowered their price objective on NIKE from $65.00 to $56.00 and set a “hold” rating on the stock in a report on Wednesday, April 1st. Finally, DA Davidson lowered NIKE from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $72.00 to $46.00 in a report on Thursday, April 2nd.

Insider Buying and Selling

In other news, Director Timothy D. Cook purchased 25,000 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were acquired at an average price of $42.43 per share, for a total transaction of $1,060,750.00. Following the acquisition, the director directly owned 130,480 shares in the company, valued at approximately $5,536,266.40. The trade was a 23.70% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Philip Mccartney sold 17,398 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.18, for a total value of $803,439.64. Following the completion of the sale, the executive vice president owned 53,133 shares in the company, valued at approximately $2,453,681.94. This represents a 24.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have bought 64,441 shares of company stock worth $2,734,204 in the last three months. Company insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On NIKE

Institutional investors and hedge funds have recently modified their holdings of the company. Scarborough Advisors LLC acquired a new stake in shares of NIKE in the 1st quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of NIKE in the 4th quarter worth approximately $26,000. Sankala Group LLC acquired a new stake in shares of NIKE in the 4th quarter worth approximately $26,000. Meeder Asset Management Inc. grew its holdings in shares of NIKE by 108.4% in the 1st quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker’s stock worth $29,000 after acquiring an additional 285 shares during the period. Finally, J.Safra Asset Management Corp purchased a new stake in NIKE in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE announced a planned CFO transition, bringing in David Denton as executive vice president and chief financial officer effective August 17. The move was presented as part of a broader push to strengthen capital allocation, financial discipline, and long-term growth initiatives. NIKE, Inc. Announces Planned CFO Transition
• Positive Sentiment: NIKE reaffirmed its outlook while announcing the CFO change, which helped reassure some investors that near-term operations remain on track despite the leadership transition. NKE Stock Gains 2% After-Hours As Nike Names New CFO, Reaffirms Outlook — Retail Calls Leadership Transition ‘Promising’
• Neutral Sentiment: Sanford C. Bernstein reaffirmed a buy rating, suggesting some analysts still see upside if the turnaround gains traction. Nike Inc Receives a Buy Rating From Bernstein
• Neutral Sentiment: Several reports ahead of NIKE’s June 30 earnings call say investors are focused more on management’s guidance and fiscal 2027 outlook than on the quarter itself, highlighting uncertainty around when revenue growth will reaccelerate. Why This Analyst Thinks Nike Guidance Matters More Than Earnings
• Negative Sentiment: Evercore downgraded NIKE to hold from outperform, citing transition risks and weaker operating momentum, which weighed on the stock. Finviz
• Negative Sentiment: Analysts and market commentary continue to flag slow turnaround progress, U.S. channel weakness, Jordan brand pressure, and supply delays, reinforcing concerns that the recovery will take time. Reuters: Nike names Pfizer executive David Denton as CFO amid slow turnaround effort

NIKE Stock Performance

Shares of NKE stock opened at $41.82 on Thursday. The stock has a market capitalization of $61.92 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 1.83 and a beta of 1.12. NIKE has a 52-week low of $41.31 and a 52-week high of $80.17. The stock’s 50-day moving average price is $44.35 and its 200 day moving average price is $54.23. 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 (NYSE:NKE) last issued its quarterly earnings results 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. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The firm had revenue of $11.28 billion for the quarter, compared to analysts’ expectations of $11.23 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. The firm’s revenue for the quarter was up .1% on a year-over-year basis. As a group, equities research analysts forecast that NIKE will post 1.49 EPS for the current year.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Monday, June 1st. NIKE’s payout ratio is currently 108.61%.

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).