NIKE (NYSE:NKE) Earns “Buy” Rating from Royal Bank Of Canada

NIKE (NYSE:NKE)‘s stock had its “buy” rating reiterated by analysts at Royal Bank Of Canada in a research note issued on Wednesday,MarketScreener reports.

A number of other analysts have also issued reports on NKE. Barclays decreased their price target on NIKE from $73.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday. Weiss Ratings upgraded shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Stifel Nicolaus set a $65.00 target price on shares of NIKE and gave the stock a “hold” rating in a research report on Friday, December 19th. Daiwa Securities Group dropped their price target on shares of NIKE from $75.00 to $61.00 in a research report on Tuesday, December 23rd. Finally, Argus cut their price target on shares of NIKE from $85.00 to $70.00 in a research note on Tuesday, December 23rd. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $64.57.

NIKE Trading Down 15.0%

NYSE NKE traded down $7.94 during mid-day trading on Wednesday, reaching $44.89. 87,936,225 shares of the stock were exchanged, compared to its average volume of 17,079,348. The stock has a market capitalization of $66.45 billion, a PE ratio of 26.42, a PEG ratio of 2.69 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. NIKE has a 1-year low of $44.67 and a 1-year high of $80.17. The business’s fifty day simple moving average is $59.68 and its 200 day simple moving average is $63.66.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. The company had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.54 EPS. On average, research analysts anticipate that NIKE will post 2.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NIKE

Several large investors have recently made changes to their positions in NKE. Brighton Jones LLC lifted its holdings in shares of NIKE by 388.5% during the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after acquiring an additional 160,980 shares in the last quarter. Caxton Associates LLP purchased a new position in NIKE in the first quarter valued at about $311,000. United Bank lifted its stake in shares of NIKE by 11.3% during the second quarter. United Bank now owns 17,067 shares of the footwear maker’s stock worth $1,212,000 after purchasing an additional 1,736 shares in the last quarter. Edgestream Partners L.P. lifted its stake in shares of NIKE by 83.6% during the second quarter. Edgestream Partners L.P. now owns 50,759 shares of the footwear maker’s stock worth $3,606,000 after purchasing an additional 23,110 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of NIKE by 410.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 132,942 shares of the footwear maker’s stock worth $9,444,000 after buying an additional 106,891 shares during the period. Institutional investors and hedge funds own 64.25% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 results beat estimates on both top and bottom lines (EPS $0.35 vs. ~$0.29 consensus; revenue ~$11.28B roughly in line-to-slightly-above expectations), showing the turnaround still produces tangible operational progress. NIKE, Inc. Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Management says the company has taken intentional actions (clearing unhealthy inventory, rebalancing wholesale vs. DTC) that pressure near‑term margins but are intended to set up later improvement — a strategic move that could pay off but delays visible recovery. Nike Takes ‘Intentional’ Hit To Clear ‘Unhealthy Inventory’ In Q3 As CEO Eyes Turnaround By Year-End
• Negative Sentiment: Weak guidance drove the selloff: Nike guided fiscal Q4 revenue to decline (company-range), below Street expectations, and warned Greater China sales will remain soft — management said the China reset could take multiple quarters. Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors
• Negative Sentiment: Margin pressure from tariffs, promotions and inventory actions pushed operating profit and net income materially lower year‑over‑year, undercutting confidence in a near‑term margin rebound. Nike third-quarter sales beat estimates as turnaround efforts gain traction
• Negative Sentiment: Analysts reacted quickly: multiple firms cut price targets or downgraded forecasts (Wells Fargo, Truist, Telsey and others), amplifying downward pressure and raising the risk of further revision. These Analysts Cut Their Forecasts On Nike After Q3 Results
• Negative Sentiment: Investor sentiment soured after candid executive comments about the slow turnaround — headlines and tone (including a blunt CEO remark) reinforced the view that recovery is taking longer than planned. Nike CEO vents as company struggles to regain footing after disappointing profits : ‘I’m so tired’

About NIKE

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).