
NIKE (NKE) Stock Forecast & Price Target
NIKE (NKE) Analyst Ratings
Bulls say
Nike, the world's largest athletic footwear and apparel brand, has demonstrated strong performance indicators, particularly in the first quarter where gross margins exceeded guidance by a significant 120 basis points year-over-year. The company's strategic allocation of high-performing products to wholesale partners, along with a notable increase in Google searches for key styles, suggests a potential for revitalized sales growth and improved margins in the latter half of fiscal 2026. Additionally, emerging product lines such as the Vomero and P-6000 may further bolster Nike's market position, potentially offsetting declines in over-distributed styles and contributing positively to earnings per share growth.
Bears say
The excerpts indicate a pessimistic outlook for Nike's financial performance, with forecasts suggesting a deterioration in constant foreign exchange (FX) revenue trends to low double digits (LDD) and a significant decline in gross margins by 300 to 350 basis points due to excess inventory. The bear case assumes that revenue trends could worsen, potentially resulting in earnings per share (EPS) of approximately $1.75, highlighting the risks associated with declining demand and increased margin pressure. Additionally, the guidance points to a high single-digit (HSD) decline in constant-FX revenue alongside a substantial decrease in operating margins, indicating a challenging environment for the company's future profitability.
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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