Nike (NKE)
NYSE:NKE

Nike (NKE) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

NKE Analyst Ratings

Moderate Buy
30Ratings
18 Buy
12 Hold
0 Sell
Based on 30 analysts giving stock ratings to
Nike
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NKE Stock 12 Months Forecast

Average Price Target

$118.08
▲(4.05% Upside)
Based on 30 Wall Street analysts offering 12 month price targets for Nike in the last 3 months. The average price target is $118.08 with a high forecast of $150.00 and a low forecast of $88.00. The average price target represents a 4.05% change from the last price of $113.48.
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Highest Price Target$150.00Average Price Target$118.08Lowest Price Target$88.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Williams Trading
$91.00
Hold
-19.81%
Downside
Upgraded
09/29/23
Hold Rating on Nike: A Balance of Financial Performance and Revenue Growth Skepticism
Seaport Global
Hold
Reiterated
09/29/23
Nike and Other Sportswear Stocks Are Rising. How Analysts See Its Earnings. | BarronsSeaport Research analyst Mitch Kummetz kept a Neutral rating on the stock with no price target, arguing the company still looks to be losing market share in running shoes to HOKA owned by Deckers Outdoor (DECK) and privately owned New Balance.
Citi
$100.00
Hold
-11.88%
Downside
Assigned
09/29/23
Nike Reports Earnings Today. Heres What to Expect. | BarronsIt doesnt help that the economy of one of Nikes biggest growth marketsChinais still sputtering. The macroeconomic headwinds in both of the companys largest markets could lead Nikes management team to lower their fiscal-second-quarter guidance, added Citis Paul Lejuez. Lejuez has a Neutral rating on the stock.
TD Cowen
$120.00
Buy
5.75%
Upside
Reiterated
09/29/23
Nike price target raised to $120 from $117 at TD CowenNike price target raised to $120 from $117 at TD Cowen
UBS
$150.00
Buy
32.18%
Upside
Reiterated
09/29/23
Nike (NKE) Gets a Buy from UBS

Best Analysts Covering Nike

Which Analyst Should I Follow If I Want to Buy NKE and Sell After:
1 Month
Michael BinettiEvercore ISI
Success Rate
26/39 ratings generated profit
67%
Average Return
+3.34%
initiated a buy rating 26 days ago
Copying Michael Binetti's trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +3.34% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Robert DrbulGuggenheim
Success Rate
23/37 ratings generated profit
62%
Average Return
+4.01%
reiterated a buy rating 23 days ago
Copying Robert Drbul's trades and holding each position for 3 Months would result in 62.16% of your transactions generating a profit, with an average return of +4.01% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
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1 Year
Simeon SiegelBMO Capital
Success Rate
25/33 ratings generated profit
76%
Average Return
+14.71%
reiterated a buy rating 2 months ago
Copying Simeon Siegel's trades and holding each position for 1 Year would result in 75.76% of your transactions generating a profit, with an average return of +14.71% per trade.
2 Years
Kate McShaneGoldman Sachs
Success Rate
23/29 ratings generated profit
79%
Average Return
+22.75%
reiterated a buy rating 2 months ago
Copying Kate McShane's trades and holding each position for 2 Years would result in 79.31% of your transactions generating a profit, with an average return of +22.75% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

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NKE Financial Forecast

NKE Earnings Forecast

Next quarter’s earnings estimate for NKE is $0.83 with a range of $0.75 to $0.89. The previous quarter’s EPS was $0.94. NKE beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.91% of the time in the same period. In the last calendar year NKE has Outperformed its overall industry.
Next quarter’s earnings estimate for NKE is $0.83 with a range of $0.75 to $0.89. The previous quarter’s EPS was $0.94. NKE beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.91% of the time in the same period. In the last calendar year NKE has Outperformed its overall industry.

NKE Sales Forecast

Next quarter’s sales forecast for NKE is $13.40B with a range of $12.91B to $13.54B. The previous quarter’s sales results were $12.94B. NKE beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 58.75% of the time in the same period. In the last calendar year NKE has Outperformed its overall industry.
Next quarter’s sales forecast for NKE is $13.40B with a range of $12.91B to $13.54B. The previous quarter’s sales results were $12.94B. NKE beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 58.75% of the time in the same period. In the last calendar year NKE has Outperformed its overall industry.

NKE Analyst Recommendation Trends

In the current month, NKE has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The NKE average analyst price target in the past 3 months is $118.08
In the current month, NKE has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The NKE average analyst price target in the past 3 months is $118.08

NKE Stock Forecast FAQ

What is NKE’s average 12-month price target, according to analysts?
Based on analyst ratings, Nike’s 12-month average price target is $118.08.
    What is NKE’s upside potential, based on the analysts’ average price target?
    Nike has 4.05% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is NKE a Buy, Sell or Hold?
          Nike has a conensus rating of Moderate Buy which is based on 18 buy ratings, 12 hold ratings and 0 sell ratings.
            What is Nike’s price target?
            The average price target for Nike is $118.08. This is based on 30 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $150.00 ,the lowest forecast is $88.00. The average price target represents 4.05% Increase from the current price of $113.48.
              What do analysts say about Nike?
              Nike’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 30 Wall Streets Analysts.
                How can I buy shares of NKE?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.

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