NIKE (NYSE:NKE) Price Target Lowered to $52.00 at Barclays

NIKE (NYSE:NKE) had its price target dropped by research analysts at Barclays from $67.00 to $52.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the footwear maker’s stock. Barclays‘s price target would indicate a potential upside of 26.58% from the stock’s previous close.

A number of other brokerages have also commented on NKE. Stifel Nicolaus dropped their target price on NIKE from $56.00 to $50.00 and set a “hold” rating on the stock in a research report on Friday, June 26th. Zacks Research lowered shares of NIKE from a “hold” rating to a “strong sell” rating in a research report on Monday, June 1st. Citigroup restated a “neutral” rating on shares of NIKE in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of NIKE from $51.00 to $43.00 and set a “hold” rating on the stock in a report on Friday, June 26th. Finally, Sanford C. Bernstein set a $72.00 price objective on shares of NIKE in a research note on Wednesday. Fourteen research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $56.86.

NIKE Price Performance

Shares of NKE opened at $41.08 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45. The company’s fifty day moving average price is $44.01 and its 200-day moving average price is $53.56. NIKE has a 1-year low of $40.00 and a 1-year high of $80.17. The firm has a market capitalization of $60.84 billion, a PE ratio of 27.21, a price-to-earnings-growth ratio of 1.81 and a beta of 1.12.

NIKE (NYSE:NKE) last issued its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The company had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.23 billion. During the same quarter last year, the business posted $0.54 EPS. The firm’s quarterly revenue was up .1% on a year-over-year basis. On average, equities research analysts predict that NIKE will post 1.49 EPS for the current year.

Insider Buying and Selling at NIKE

In other news, Director John W. Rogers, Jr. bought 4,000 shares of the business’s stock in a transaction dated Thursday, April 9th. The stock was purchased at an average cost of $43.34 per share, with a total value of $173,360.00. Following the acquisition, the director directly owned 41,022 shares in the company, valued at $1,777,893.48. This trade represents a 10.80% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Philip Mccartney sold 17,398 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $46.18, for a total transaction of $803,439.64. Following the completion of the transaction, the executive vice president owned 53,133 shares of the company’s stock, valued at approximately $2,453,681.94. This represents a 24.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have acquired 64,441 shares of company stock worth $2,734,204. 0.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Scarborough Advisors LLC purchased a new position in shares of NIKE in the 1st quarter valued at about $25,000. Cornerstone Financial Management LLC acquired a new stake in NIKE in the fourth quarter valued at approximately $26,000. Sankala Group LLC purchased a new stake in shares of NIKE in the fourth quarter valued at approximately $26,000. Meeder Asset Management Inc. increased its position in shares of NIKE by 108.4% in the first quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker’s stock valued at $29,000 after buying an additional 285 shares in the last quarter. Finally, J.Safra Asset Management Corp acquired a new position in shares of NIKE during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE beat Q4 earnings and revenue estimates, showing profitability is improving even as sales remain soft. NIKE, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Management said margins are expected to improve further, which supports the case for a longer-term recovery if execution stabilizes. Tom Nikic Reiterates Hold on Nike as Revenue Outlook Weakens Despite Margin Improvements
• Neutral Sentiment: North America strength and wholesale growth partially offset weakness in other regions, but the recovery is still uneven. Nike turnaround tested by but analyst says ‘this is the bottom’
• Negative Sentiment: China sales fell 12%, reinforcing concerns that NIKE’s key international market remains a major drag on the turnaround. Nike earnings, revenue top estimates even as China sales drop 12%
• Negative Sentiment: Analysts and investors remain skeptical, with several reports saying the company’s cautious outlook and slow turnaround are overshadowing the earnings beat. Nike stock: why did a rare earnings beat fail to lift shares?

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).