Q2 EPS Estimates for NIKE Decreased by Telsey Advisory Group

NIKE, Inc. (NYSE:NKE) – Equities research analysts at Telsey Advisory Group dropped their Q2 2026 earnings per share estimates for shares of NIKE in a research note issued on Wednesday, October 1st. Telsey Advisory Group analyst C. Fernandez now anticipates that the footwear maker will earn $0.36 per share for the quarter, down from their previous forecast of $0.53. Telsey Advisory Group currently has a “Market Perform” rating and a $75.00 price target on the stock. The consensus estimate for NIKE’s current full-year earnings is $2.05 per share. Telsey Advisory Group also issued estimates for NIKE’s Q3 2026 earnings at $0.44 EPS and Q1 2027 earnings at $0.71 EPS.

Several other research firms have also issued reports on NKE. Argus upgraded NIKE to a “buy” rating in a report on Sunday, July 6th. KeyCorp set a $90.00 target price on shares of NIKE and gave the company an “overweight” rating in a research note on Thursday. HSBC raised shares of NIKE from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a research note on Friday, June 27th. Wall Street Zen raised shares of NIKE from a “sell” rating to a “hold” rating in a research note on Saturday, September 6th. Finally, JPMorgan Chase & Co. boosted their target price on NIKE from $93.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday. Four analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $81.57.

NIKE Stock Up 0.5%

Shares of NKE stock opened at $74.59 on Friday. The company’s fifty day simple moving average is $74.71 and its two-hundred day simple moving average is $67.32. NIKE has a 52 week low of $52.28 and a 52 week high of $84.76. The stock has a market cap of $110.16 billion, a P/E ratio of 38.25, a PEG ratio of 2.79 and a beta of 1.29. The company has a quick ratio of 1.50, a current ratio of 2.19 and a debt-to-equity ratio of 0.59.

NIKE (NYSE:NKE) last announced its earnings results on Tuesday, September 30th. The footwear maker reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.22. NIKE had a net margin of 6.23% and a return on equity of 21.16%. The company had revenue of $11.72 billion during the quarter, compared to analyst estimates of $10.96 billion. During the same period in the previous year, the business posted $0.70 earnings per share. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its holdings in NIKE by 344.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 26,698,835 shares of the footwear maker’s stock valued at $1,694,842,000 after purchasing an additional 20,688,013 shares in the last quarter. Norges Bank purchased a new stake in shares of NIKE during the second quarter worth $835,063,000. Wellington Management Group LLP raised its position in shares of NIKE by 24.9% in the first quarter. Wellington Management Group LLP now owns 45,383,916 shares of the footwear maker’s stock valued at $2,880,971,000 after buying an additional 9,043,180 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of NIKE by 3,129.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock worth $645,855,000 after buying an additional 8,809,950 shares in the last quarter. Finally, Harris Associates L P acquired a new position in NIKE during the second quarter worth about $621,525,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

Insider Buying and Selling

In other NIKE news, Chairman Mark G. Parker sold 86,078 shares of NIKE stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $75.93, for a total transaction of $6,535,902.54. Following the completion of the transaction, the chairman owned 744,988 shares in the company, valued at approximately $56,566,938.84. This trade represents a 10.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.80% of the company’s stock.

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 2.1%. NIKE’s dividend payout ratio (DPR) is currently 82.05%.

About NIKE

NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.