NIKE, Inc. (NKE)

Nike Stock Forecast

Stock Price Forecast

The 32 analysts with 12-month price forecasts for Nike stock have an average target of 97.81, with a low estimate of 73 and a high estimate of 130. The average target predicts an increase of 30.84% from the current stock price of 74.76.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$73	$97.81	$97	$130
Change	-2.35%	+30.84%	+29.75%	+73.89%

Analyst Ratings

The average analyst rating for Nike stock from 34 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	9	9	10	9	9	9
Buy	12	12	12	11	11	11
Hold	15	13	14	14	14	14
Sell	1	0	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	38	35	36	34	34	34

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Kernan TD Cowen	TD Cowen	Hold Maintains $78 → $73	Hold	Maintains	$78 → $73	-2.35%	Nov 18, 2024
Piral Dadhania RBC Capital	RBC Capital	Hold Maintains $82 → $80	Hold	Maintains	$82 → $80	+7.01%	Nov 7, 2024
Joseph Civello Truist Securities	Truist Securities	Hold → Strong Buy Upgrades $83 → $97	Hold → Strong Buy	Upgrades	$83 → $97	+29.75%	Oct 10, 2024
Adrienne Yih Barclays	Barclays	Hold Maintains $84 → $81	Hold	Maintains	$84 → $81	+8.35%	Oct 2, 2024
John Kernan TD Cowen	TD Cowen	Hold Maintains $71 → $78	Hold	Maintains	$71 → $78	+4.34%	Oct 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

48.07B

Decreased by -6.40%

from 51.36B

Revenue Next Year

50.12B

Increased by 4.26%

from 48.07B

EPS This Year

2.81

Decreased by -24.71%

from 3.73

EPS Next Year

3.27

Increased by 16.35%

from 2.81

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	48.07B	50.12B	53.32B
Revenue Growth	-4.38%	19.08%	4.88%	9.65%	0.28%	-6.40%	4.26%	6.38%
EPS	1.60	3.56	3.75	3.23	3.73	2.81	3.27	3.74
EPS Growth	-35.74%	122.50%	5.34%	-13.87%	15.48%	-24.71%	16.35%	14.35%
Forward PE	-	-	-	-	-	26.62	22.88	20.01
No. Analysts	-	-	-	-	-	42	41	22

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	51.2B	54.6B	58.7B
Avg	48.1B	50.1B	53.3B
Low	45.9B	45.9B	45.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	-0.3%	13.6%	17.1%
Avg	-6.4%	4.3%	6.4%
Low	-10.7%	-4.4%	-8.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.57	4.19	4.99
Avg	2.81	3.27	3.74
Low	2.45	2.45	2.42

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-4.3%	49.2%	52.6%
Avg	-24.7%	16.3%	14.4%
Low	-34.3%	-12.8%	-25.9%

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.