
NIKE (NKE) Stock Forecast & Price Target
NIKE (NKE) Analyst Ratings
Bulls say
Nike's stock outlook appears positive due to its strong performance in Q1, where the company exceeded gross margin expectations with an increase of 120 basis points year over year, driven by a robust global activewear market and an acceleration of its direct-to-consumer (DTC) strategy. The firm's focus on innovative product offerings, along with strategic allocations to key wholesale partners, suggests potential market share gains and improved sales momentum, particularly in its high-demand segments. Additionally, the anticipated positive trends in fiscal 2H26, coupled with successful product lines like the Vomero and P-6000, indicate likely improvements in sales, margins, and earnings per share (EPS) growth moving forward.
Bears say
The analysis indicates a negative outlook for Nike's stock, primarily due to a forecasted deterioration in constant-FX revenue trends, anticipated to decline to low double digits (LDD). Guidance suggests a significant decline in gross margins, projected to drop by 300-350 basis points as the company works through excess inventory, marking a notable decline from the previous quarter. Additionally, expectations are set for further margin pressure in a bear case scenario, which could result in earnings per share (EPS) around $1.75, driven by a high single-digit (HSD) revenue decline in constant-FX terms.
This aggregate rating is based on analysts' research of NIKE and is not a guaranteed prediction by Public.com or investment advice.
NIKE (NKE) Analyst Forecast & Price Prediction
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