Throughout the last three months, 39 analysts have evaluated Nike NKE, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 11 | 7 | 21 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 6 | 4 | 9 | 0 | 0 |
| 2M Ago | 1 | 0 | 2 | 0 | 0 |
| 3M Ago | 4 | 2 | 10 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $85.72, a high estimate of $110.00, and a low estimate of $70.00. Experiencing a 2.77% decline, the current average is now lower than the previous average price target of $88.16.
Deciphering Analyst Ratings: An In-Depth Analysis
The perception of Nike by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jonathan Komp | Baird | Lowers | Outperform | $105.00 | $110.00 |
| Jim Duffy | Stifel | Lowers | Hold | $75.00 | $79.00 |
| Joseph Civello | Truist Securities | Lowers | Buy | $90.00 | $97.00 |
| Jay Sole | UBS | Lowers | Neutral | $73.00 | $80.00 |
| Adrienne Yih | Barclays | Lowers | Equal-Weight | $70.00 | $79.00 |
| Ike Boruchow | Wells Fargo | Lowers | Overweight | $90.00 | $92.00 |
| Alex Straton | Morgan Stanley | Lowers | Equal-Weight | $74.00 | $80.00 |
| Krisztina Katai | Deutsche Bank | Raises | Buy | $84.00 | $82.00 |
| Lorraine Hutchinson | B of A Securities | Lowers | Buy | $90.00 | $95.00 |
| Tom Nikic | Needham | Maintains | Buy | $84.00 | $84.00 |
| Cristina Fernandez | Telsey Advisory Group | Lowers | Market Perform | $80.00 | $93.00 |
| Ike Boruchow | Wells Fargo | Lowers | Overweight | $92.00 | $95.00 |
| Michael Binetti | Evercore ISI Group | Lowers | Outperform | $97.00 | $105.00 |
| Krisztina Katai | Deutsche Bank | Lowers | Buy | $82.00 | $92.00 |
| Cristina Fernandez | Telsey Advisory Group | Lowers | Outperform | $93.00 | $96.00 |
| Alex Straton | Morgan Stanley | Lowers | Equal-Weight | $80.00 | $82.00 |
| Adrienne Yih | Barclays | Lowers | Equal-Weight | $79.00 | $81.00 |
| Jay Sole | UBS | Lowers | Neutral | $80.00 | $82.00 |
| Lorraine Hutchinson | B of A Securities | Lowers | Buy | $95.00 | $100.00 |
| Matthew Boss | JP Morgan | Lowers | Neutral | $73.00 | $77.00 |
| Tom Nikic | Needham | Announces | Buy | $84.00 | - |
| John Kernan | TD Cowen | Lowers | Hold | $73.00 | $78.00 |
| Piral Dadhania | RBC Capital | Lowers | Sector Perform | $80.00 | $82.00 |
| Joseph Civello | Truist Securities | Raises | Buy | $97.00 | $83.00 |
| Adrienne Yih | Barclays | Lowers | Equal-Weight | $81.00 | $84.00 |
| John Kernan | TD Cowen | Raises | Hold | $78.00 | $71.00 |
| Robert Drbul | Guggenheim | Lowers | Buy | $110.00 | $115.00 |
| Krisztina Katai | Deutsche Bank | Lowers | Buy | $92.00 | $95.00 |
| Matthew Boss | JP Morgan | Lowers | Neutral | $77.00 | $80.00 |
| Cristina Fernandez | Telsey Advisory Group | Lowers | Outperform | $96.00 | $100.00 |
| Piral Dadhania | RBC Capital | Lowers | Sector Perform | $82.00 | $85.00 |
| Michael Binetti | Evercore ISI Group | Lowers | Outperform | $105.00 | $110.00 |
| Jay Sole | UBS | Raises | Neutral | $82.00 | $78.00 |
| Joseph Civello | Truist Securities | Lowers | Hold | $83.00 | $85.00 |
| Lorraine Hutchinson | B of A Securities | Lowers | Buy | $100.00 | $104.00 |
| Randal Konik | Jefferies | Raises | Hold | $85.00 | $80.00 |
| Joseph Civello | Truist Securities | Maintains | Hold | $85.00 | $85.00 |
| Alex Straton | Morgan Stanley | Raises | Equal-Weight | $82.00 | $79.00 |
| Piral Dadhania | RBC Capital | Raises | Sector Perform | $85.00 | $75.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Nike. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Nike compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Nike's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Nike's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Nike analyst ratings.
All You Need to Know About Nike
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
Nike's Economic Impact: An Analysis
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, Nike showcased positive performance, achieving a revenue growth rate of 6.6% as of 30 November, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Nike's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.41% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Nike's ROE excels beyond industry benchmarks, reaching 8.31%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Nike's ROA stands out, surpassing industry averages. With an impressive ROA of 3.07%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 0.86, Nike faces challenges in effectively managing its debt levels, indicating potential financial strain.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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