Telsey Advisory Group Lowers NIKE (NYSE:NKE) Price Target to $96.00

NIKE (NYSE:NKE) had its target price reduced by Telsey Advisory Group from $100.00 to $96.00 in a research report report published on Wednesday morning, Marketbeat Ratings reports. They currently have an outperform rating on the footwear maker’s stock. Telsey Advisory Group also issued estimates for NIKE’s Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.46 EPS, Q4 2025 earnings at $0.75 EPS, FY2025 earnings at $2.55 EPS, Q1 2026 earnings at $0.80 EPS, Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.95 EPS and FY2026 earnings at $3.20 EPS.

A number of other equities research analysts have also weighed in on the company. Daiwa America lowered NIKE from a moderate buy rating to a hold rating in a research report on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft restated a buy rating and set a $92.00 price target on shares of NIKE in a report on Friday, September 20th. Piper Sandler reiterated a neutral rating and issued a $80.00 price objective on shares of NIKE in a report on Friday, September 20th. BMO Capital Markets cut their target price on shares of NIKE from $118.00 to $100.00 and set an outperform rating on the stock in a research report on Friday, June 28th. Finally, KeyCorp restated a sector weight rating on shares of NIKE in a research report on Friday, June 28th. Fifteen research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of $96.04.

NIKE Trading Up 0.2 %

NKE opened at $82.25 on Wednesday. The company has a market cap of $124.14 billion, a P/E ratio of 22.05, a PEG ratio of 2.30 and a beta of 1.02. The company has a current ratio of 2.40, a quick ratio of 1.69 and a debt-to-equity ratio of 0.55. The company’s 50 day moving average is $80.90 and its 200-day moving average is $86.15. NIKE has a 1-year low of $70.75 and a 1-year high of $123.39.

NIKE (NYSE:NKE) last issued its quarterly earnings data on Tuesday, October 1st. The footwear maker reported $0.70 EPS for the quarter, beating the consensus estimate of $0.52 by $0.18. The business had revenue of $11.59 billion during the quarter, compared to the consensus estimate of $11.64 billion. NIKE had a net margin of 11.10% and a return on equity of 42.63%. The firm’s revenue was down 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.94 EPS. Equities research analysts predict that NIKE will post 3.04 earnings per share for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.48 annualized dividend and a dividend yield of 1.80%. NIKE’s dividend payout ratio is currently 39.68%.

Insider Transactions at NIKE

In related news, Chairman Mark G. Parker sold 52,487 shares of the business’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $78.00, for a total value of $4,093,986.00. Following the completion of the sale, the chairman now directly owns 1,031,226 shares of the company’s stock, valued at $80,435,628. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Chairman Mark G. Parker sold 52,487 shares of NIKE stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $78.00, for a total value of $4,093,986.00. Following the completion of the sale, the chairman now owns 1,031,226 shares of the company’s stock, valued at approximately $80,435,628. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Mark G. Parker sold 110,000 shares of the company’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $72.97, for a total transaction of $8,026,700.00. Following the transaction, the chairman now owns 1,102,090 shares in the company, valued at approximately $80,419,507.30. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On NIKE

Large investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD lifted its holdings in shares of NIKE by 87.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,135,431 shares of the footwear maker’s stock valued at $1,860,395,000 after purchasing an additional 7,996,434 shares in the last quarter. Longview Partners Guernsey LTD purchased a new position in NIKE during the 1st quarter worth $533,533,000. Capital World Investors boosted its holdings in NIKE by 612.2% during the 1st quarter. Capital World Investors now owns 5,185,432 shares of the footwear maker’s stock worth $487,327,000 after acquiring an additional 4,457,376 shares during the last quarter. Jennison Associates LLC grew its stake in shares of NIKE by 45.6% in the 1st quarter. Jennison Associates LLC now owns 8,859,580 shares of the footwear maker’s stock worth $832,623,000 after acquiring an additional 2,775,510 shares in the last quarter. Finally, PineStone Asset Management Inc. raised its holdings in shares of NIKE by 138.3% in the second quarter. PineStone Asset Management Inc. now owns 2,715,689 shares of the footwear maker’s stock valued at $204,681,000 after purchasing an additional 1,576,049 shares during the last quarter. Institutional investors own 64.25% of the company’s stock.

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.