
NIKE (NKE) Stock Forecast & Price Target
NIKE (NKE) Analyst Ratings
Bulls say
Nike's Q1 performance indicated a significant improvement in gross margin, achieving an increase of 120 basis points year-over-year, surpassing initial guidance. The company is well-positioned for growth, driven by a robust global activewear market, an accelerated Direct-to-Consumer (DTC) strategy, and strategic allocations to wholesale partners, particularly where consumer demand is high. Additionally, new product innovations, alongside promising trends in specific franchises and an overall improving retail environment, are expected to support positive sales, margin, and earnings per share growth in the coming quarters.
Bears say
Nike is forecasted to experience a significant deterioration in revenue trends, with projections indicating a low double-digit (LDD) decline in reported revenue and a high single-digit (HSD) decline in constant foreign exchange (FX) terms. Additionally, the company anticipates a substantial decline in gross margin, expecting a drop of 300 to 350 basis points as it navigates excess inventory issues, which contrasts sharply with the previous quarter's lesser decline. Overall, the outlook suggests potential earnings per share (EPS) stagnation in fiscal year 2026, attributed to modest sales and margin erosion, despite planned share buybacks.
This aggregate rating is based on analysts' research of NIKE and is not a guaranteed prediction by Public.com or investment advice.
NIKE (NKE) Analyst Forecast & Price Prediction
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