Nike Stock Forecast

Stock Price Forecast

The 34 analysts with 12-month price forecasts for Nike stock have an average target of 101.91, with a low estimate of 71 and a high estimate of 136. The average target predicts an increase of 14.01% from the current stock price of 89.39.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$71	$101.91	$100	$136
Change	-20.57%	+14.01%	+11.87%	+52.14%

Analyst Ratings

The average analyst rating for Nike stock from 36 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	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	9	9	9	9	10	10
Buy	13	13	12	12	12	12
Hold	9	9	15	13	14	14
Sell	1	1	1	0	0	0
Strong Sell	1	1	1	1	0	0
Total	33	33	38	35	36	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Civello Truist Securities	Truist Securities	Hold Reiterates $85	Hold	Reiterates	$85	-4.91%	Sep 25, 2024
Alex Straton Morgan Stanley	Morgan Stanley	Hold Maintains $79 → $82	Hold	Maintains	$79 → $82	-8.27%	Sep 25, 2024
Piral Dadhania RBC Capital	RBC Capital	Hold Maintains $75 → $85	Hold	Maintains	$75 → $85	-4.91%	Sep 25, 2024
Lorraine Hutchinson B of A Securities	B of A Securities	Strong Buy Reiterates $104	Strong Buy	Reiterates	$104	+16.34%	Sep 23, 2024
Matthew Boss JP Morgan	JP Morgan	Hold Maintains $83 → $80	Hold	Maintains	$83 → $80	-10.50%	Sep 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

49.36B

from 51.36B

-3.90%

from 51.36B

Revenue Next Year

51.71B

from 49.36B

4.77%

from 49.36B

EPS This Year

3.13

from 3.73

-16.10%

from 3.73

EPS Next Year

3.59

from 3.13

14.83%

from 3.13

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	49.36B	51.71B	54.46B
Revenue Growth	-4.38%	19.08%	4.88%	9.65%	0.28%	-3.90%	4.77%	5.31%
EPS	1.60	3.56	3.75	3.23	3.73	3.13	3.59	3.91
EPS Growth	-35.74%	122.50%	5.34%	-13.87%	15.48%	-16.10%	14.83%	8.92%
Forward PE	-	-	-	-	-	28.56	24.87	22.84
No. Analysts	-	-	-	-	-	42	41	17

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

Revenue Forecast

Revenue	2025	2026	2027
High	52.5B	56.2B	59.9B
Avg	49.4B	51.7B	54.5B
Low	46.8B	47.4B	47.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	2.2%	13.8%	15.7%
Avg	-3.9%	4.8%	5.3%
Low	-8.9%	-3.9%	-8.6%

EPS Forecast

EPS	2025	2026	2027
High	3.78	4.55	4.79
Avg	3.13	3.59	3.91
Low	2.66	2.46	2.42

EPS Growth

EPS Growth	2025	2026	2027
High	1.3%	45.3%	33.3%
Avg	-16.1%	14.8%	8.9%
Low	-28.8%	-21.4%	-32.6%

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.