NIKE (NKE) Stock Forecast & Price Target

$76.82 -1.51 (-1.93%)

Closing price 01/31/2025 03:59 PM Eastern

Extended Trading

$76.53 -0.29 (-0.38%)

As of 01/31/2025 07:58 PM Eastern

NIKE - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 30 Analyst Ratings

Sell
0

Hold
13

Buy
17

Based on 30 Wall Street analysts who have issued ratings for NIKE in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 30 analysts, 13 have given a hold rating, 16 have given a buy rating, and 1 has given a strong buy rating for NKE.

Consensus Price Target

$89.96
17.11% Upside

According to the 30 analysts' twelve-month price targets for NIKE, the average price target is $89.96. The highest price target for NKE is $120.00, while the lowest price target for NKE is $70.00. The average price target represents a forecasted upside of 17.11% from the current price of $76.82.

Get the Latest News and Ratings for NKE and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for NIKE and its competitors.

NKE Analyst Ratings Over Time

Type	Current Forecast 2/2/24 to 2/1/25	1 Month Ago 1/3/24 to 1/2/25	3 Months Ago 11/4/23 to 11/3/24	1 Year Ago 2/2/23 to 2/2/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	15 Buy rating(s)	16 Buy rating(s)	21 Buy rating(s)
Hold	13 Hold rating(s)	14 Hold rating(s)	13 Hold rating(s)	9 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$89.96	$89.58	$96.56	$123.62
Forecasted Upside	17.11% Upside	21.59% Upside	23.69% Upside	22.75% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

NKE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NKE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

NIKE Stock vs. The Competition

Type	NIKE	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.60	2.58	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	17.11% Upside	1,535.58% Upside	12.25% Upside
News Sentiment Rating	Positive News See Recent NKE News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/10/2025	Piper Sandler 2 of 5 stars	A. Andreeva Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$72.00 ➝ $90.00	+26.21%
12/26/2024	UBS Group 4 of 5 stars	J. Sole Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$73.00 ➝ $73.00	-4.94%
12/23/2024	DA Davidson 3 of 5 stars	A. Burns Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
12/23/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$110.00 ➝ $105.00	+37.56%
12/20/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Civello Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$97.00 ➝ $90.00	+18.44%
12/20/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$79.00 ➝ $75.00	-1.30%
12/20/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Yih Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$79.00 ➝ $70.00	-9.21%
12/20/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Nikic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$84.00 ➝ $84.00	+8.95%
12/20/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$95.00 ➝ $90.00	+16.73%
12/20/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $74.00	-4.02%
Get the Latest News and Ratings for NKE and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for NIKE and its competitors with MarketBeat's FREE daily newsletter.
12/20/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Fernandez Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$93.00 ➝ $80.00	+3.76%
12/16/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$105.00 ➝ $97.00	+25.81%
12/16/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$95.00 ➝ $92.00	+19.33%
12/16/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$92.00 ➝ $82.00	+6.15%
12/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$77.00 ➝ $73.00	-5.59%
11/18/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$78.00 ➝ $73.00	-4.45%
11/7/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$82.00 ➝ $80.00	+5.08%
10/2/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$115.00 ➝ $110.00	+32.02%
9/30/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$80.00 ➝ $85.00	-3.95%
9/19/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$112.00 ➝ $109.00	+34.67%
9/11/2024	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Tamada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Moderate Buy ➝ Hold
8/16/2024	Williams Trading Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Buy	$67.00 ➝ $93.00	+12.73%
6/28/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$115.00 ➝ $102.00	+35.33%
6/28/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$100.00 ➝ $90.00	+20.11%
6/28/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$118.00 ➝ $105.00	+37.94%
6/28/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Weight
6/28/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$118.00 ➝ $100.00	+6.13%
6/28/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Patel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Market Perform
6/28/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$115.00 ➝ $97.00	+2.95%
6/28/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$120.00 ➝ $120.00	+27.35%
12/12/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$130.00	+9.60%
9/8/2023	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
7/25/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform
6/30/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
6/20/2023	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Positive
3/28/2023	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$116.00 ➝ $123.00	+4.41%
3/22/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Binetti Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$132.00 ➝ $139.00	+10.66%
3/16/2023	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$100.00	-15.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:37 AM ET.

Should I Buy NIKE Stock? NKE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, January 23, 2025. Please send any questions or comments about these NIKE pros and cons to contact@marketbeat.com.

NIKE
Bull Case

Here are some ways that investors could benefit from investing in NIKE, Inc.:

NIKE, Inc. reported a quarterly earnings per share (EPS) of $0.78, exceeding analysts' expectations of $0.63, indicating strong financial performance and effective cost management.
The company has a robust return on equity of 36.99%, showcasing its ability to generate profits from shareholders' equity, which is a positive sign for potential investors.
NIKE, Inc. recently increased its quarterly dividend from $0.37 to $0.40 per share, reflecting a commitment to returning value to shareholders. This translates to an annualized dividend of $1.60, with a yield of 2.19%.
Despite a year-over-year revenue decline of 7.7%, the company still achieved $12.35 billion in revenue for the quarter, surpassing the consensus estimate of $12.11 billion, demonstrating resilience in a challenging market.
Current stock price is around $76.65, which may present a buying opportunity for investors looking for value in a well-established brand.

NIKE
Bear Case

Investors should be bearish about investing in NIKE, Inc. for these reasons:

NIKE, Inc. experienced a revenue decline of 7.7% compared to the same quarter last year, which may raise concerns about its growth trajectory and market competitiveness.
The company's net margin stands at 9.98%, which, while positive, indicates that there may be pressure on profitability, especially in a competitive retail environment.
Analysts have set a consensus target price of $89.96, which suggests limited upside potential from the current stock price, potentially making it less attractive for short-term investors.
With a dividend payout ratio of 49.38%, there may be concerns about the sustainability of dividend payments if earnings do not improve in the future.
Recent analyst reports have shown mixed ratings, with several firms lowering their price targets, indicating uncertainty about the company's future performance.

NKE Forecast - Frequently Asked Questions

: According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for NIKE is $89.96, with a high forecast of $120.00 and a low forecast of $70.00.
: 30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last year. There are currently 13 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NKE shares.
: According to analysts, NIKE's stock has a predicted upside of 17.11% based on their 12-month stock forecasts.
: Over the previous 90 days, NIKE's stock had 2 upgrades and 1 downgrade by analysts.
: NIKE has been rated by research analysts at Bank of America, Barclays, DA Davidson, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Piper Sandler, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, TD Cowen, Telsey Advisory Group, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like NIKE more than other "consumer discretionary" companies. The consensus rating score for NIKE is 2.60 while the average consensus rating score for "consumer discretionary" companies is 2.58. Learn more on how NKE compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (NYSE:NKE) was last updated on 2/1/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

NIKE (NKE) Stock Forecast & Price Target