
NIKE (NKE) Stock Forecast & Price Target
NIKE (NKE) Analyst Ratings
Bulls say
Nike, recognized as the largest athletic footwear and apparel brand globally, has demonstrated a robust financial outlook marked by a significant gross margin increase of 120 basis points year-over-year, surpassing initial guidance for Q1. The company's strategic focus on direct-to-consumer (DTC) sales, along with market share gains and supply chain innovations, positions it favorably within a rapidly growing global activewear segment. Furthermore, with an uptick in demand for specific product lines and anticipated positive sales growth driven by new product innovations in fiscal 2H26, Nike’s fundamentals are strengthened, indicating a positive trajectory for its financial performance.
Bears say
Nike is forecasted to experience a significant decline in constant-FX revenue trends, projecting a downturn to low-double digits (LDD), compounded by a gross margin reduction of 300-350 basis points as the company addresses excess inventory. In a bear case scenario, revenue may perform worse than current expectations, potentially resulting in earnings per share (EPS) dropping to approximately $1.75 amid additional margin deleverage. Furthermore, the guidance for Q3 indicates a high-single-digit (HSD) decline in constant-FX terms with gross and EBIT margins down by 400 basis points and 880 basis points respectively, highlighting ongoing financial challenges for the firm.
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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