Nike Stock Forecast

Stock Price Forecast

The 31 analysts with 12-month price forecasts for Nike stock have an average target of 93.45, with a low estimate of 70 and a high estimate of 128. The average target predicts an increase of 21.46% from the current stock price of 76.94.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$70	$93.45	$90	$128
Change	-9.02%	+21.46%	+16.97%	+66.36%

Analyst Ratings

The average analyst rating for Nike stock from 33 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	9	10	9	9	10	9
Buy	12	12	11	11	10	9
Hold	13	14	14	14	14	15
Sell	0	0	0	0	0	0
Strong Sell	1	0	0	0	0	0
Total	35	36	34	34	34	33

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jim Duffy Stifel	Stifel	Hold Maintains $79 → $75	Hold	Maintains	$79 → $75	-2.52%	Dec 20, 2024
Joseph Civello Truist Securities	Truist Securities	Strong Buy Maintains $97 → $90	Strong Buy	Maintains	$97 → $90	+16.97%	Dec 20, 2024
Jay Sole UBS	UBS	Hold Maintains $80 → $73	Hold	Maintains	$80 → $73	-5.12%	Dec 20, 2024
Adrienne Yih Barclays	Barclays	Hold Maintains $79 → $70	Hold	Maintains	$79 → $70	-9.02%	Dec 20, 2024
Ike Boruchow Wells Fargo	Wells Fargo	Buy Maintains $92 → $90	Buy	Maintains	$92 → $90	+16.97%	Dec 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

47.86B

from 51.36B

-6.83%

from 51.36B

Revenue Next Year

49.85B

from 47.86B

4.16%

from 47.86B

EPS This Year

2.76

from 3.73

-26.13%

from 3.73

EPS Next Year

3.18

from 2.76

15.46%

from 2.76

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2020	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025	May 31, 2026	May 31, 2027
Revenue	37.40B	44.54B	46.71B	51.22B	51.36B	47.86B	49.85B	52.96B
Revenue Growth	-4.38%	19.08%	4.88%	9.65%	0.28%	-6.83%	4.16%	6.25%
EPS	1.60	3.56	3.75	3.23	3.73	2.76	3.18	3.64
EPS Growth	-35.74%	122.50%	5.34%	-13.87%	15.48%	-26.13%	15.46%	14.52%
Forward PE	-	-	-	-	-	27.92	24.19	21.12
No. Analysts	-	-	-	-	-	43	42	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	51.2B	54.6B	58.7B
Avg	47.9B	49.8B	53.0B
Low	45.0B	45.9B	45.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-0.3%	14.1%	17.8%
Avg	-6.8%	4.2%	6.3%
Low	-12.4%	-4.1%	-8.2%

EPS Forecast

EPS	2025	2026	2027
High	3.57	3.89	4.32
Avg	2.76	3.18	3.64
Low	2.21	2.45	2.42

EPS Growth

EPS Growth	2025	2026	2027
High	-4.3%	41.0%	35.7%
Avg	-26.1%	15.5%	14.5%
Low	-40.9%	-11.1%	-23.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.