NIKE, Inc. (NKE)
NYSE: NKE · Real-Time Price · USD
73.17
+2.33 (3.29%)
At close: Jan 21, 2025, 4:00 PM
73.23
+0.06 (0.08%)
After-hours: Jan 21, 2025, 7:35 PM EST

Nike Stock Forecast

Stock Price Forecast

The 30 analysts with 12-month price forecasts for Nike stock have an average target of 92.47, with a low estimate of 70 and a high estimate of 120. The average target predicts an increase of 26.38% from the current stock price of 73.17.

Analyst Consensus: Buy
Target Low Average Median High
Price $70 $92.47 $90 $120
Change -4.33% +26.38% +23.00% +64.00%

Analyst Ratings

The average analyst rating for Nike stock from 32 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 10991088
Buy 12111110910
Hold 141414141514
Sell 000000
Strong Sell 000000
Total 363434343232

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Upgrades
$72$90
Buy Upgrades $72$90 +23.00% Jan 10, 2025
UBS
UBS
Hold
Reiterates
$73
Hold Reiterates $73 -0.23% Dec 26, 2024
Baird
Baird
Buy
Maintains
$110$105
Buy Maintains $110$105 +43.50% Dec 23, 2024
Stifel
Stifel
Hold
Maintains
$79$75
Hold Maintains $79$75 +2.50% Dec 20, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$97$90
Strong Buy Maintains $97$90 +23.00% Dec 20, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
46.50B
from 51.36B
Decreased by -9.46%
Revenue Next Year
47.28B
from 46.50B
Increased by 1.67%
EPS This Year
2.76
from 3.73
Decreased by -26.13%
EPS Next Year
3.18
from 2.76
Increased by 15.46%
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
37.40B44.54B46.71B51.22B51.36B46.50B47.28B49.78B
Revenue Growth
-4.38%19.08%4.88%9.65%0.28%-9.46%1.67%5.28%
EPS
1.603.563.753.233.732.763.183.64
EPS Growth
-35.74%122.50%5.34%-13.87%15.48%-26.13%15.46%14.52%
Forward PE
-----26.5623.0020.09
No. Analysts -----434222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 48.9B 51.5B 54.7B
Avg 46.5B 47.3B 49.8B
Low 44.3B 44.1B 44.3B

Revenue Growth

Revenue Growth 20252026202720282029
High
-4.7%
10.7%
15.7%
Avg
-9.5%
1.7%
5.3%
Low
-13.8%
-5.1%
-6.3%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.