NIKE (NYSE:NKE) Rating Lowered to Market Perform at Telsey Advisory Group

NIKE (NYSE:NKE) was downgraded by equities research analysts at Telsey Advisory Group from an “outperform” rating to a “market perform” rating in a research report issued on Friday, Marketbeat.com reports. They presently have a $80.00 price objective on the footwear maker’s stock, down from their prior price objective of $93.00. Telsey Advisory Group’s price objective would indicate a potential upside of 3.98% from the company’s previous close. Telsey Advisory Group also issued estimates for NIKE’s Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.69 EPS, FY2025 earnings at $2.50 EPS, Q1 2026 earnings at $0.78 EPS, Q2 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.88 EPS, FY2026 earnings at $3.10 EPS and FY2027 earnings at $3.00 EPS.

Several other equities analysts also recently issued reports on NKE. Stifel Nicolaus dropped their price target on shares of NIKE from $88.00 to $79.00 and set a “hold” rating for the company in a research note on Monday, August 26th. UBS Group lowered their target price on NIKE from $82.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, December 9th. Barclays reduced their price target on NIKE from $81.00 to $79.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 11th. Truist Financial upgraded NIKE from a “hold” rating to a “buy” rating and raised their price objective for the stock from $83.00 to $97.00 in a research report on Thursday, October 10th. Finally, Evercore ISI reduced their target price on NIKE from $105.00 to $97.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Fifteen investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $89.77.

NIKE Price Performance

Shares of NKE opened at $76.94 on Friday. The company has a quick ratio of 1.58, a current ratio of 2.36 and a debt-to-equity ratio of 0.57. The stock has a market cap of $115.36 billion, a PE ratio of 22.05, a PEG ratio of 1.89 and a beta of 1.02. NIKE has a 12-month low of $70.75 and a 12-month high of $123.30. The business has a 50-day simple moving average of $78.07 and a two-hundred day simple moving average of $80.55.

NIKE (NYSE:NKE) last released its quarterly earnings data on Thursday, December 19th. The footwear maker reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.15. The company had revenue of $12.35 billion during the quarter, compared to the consensus estimate of $12.11 billion. NIKE had a return on equity of 39.84% and a net margin of 10.60%. The firm’s revenue was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 earnings per share. Analysts anticipate that NIKE will post 2.72 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NKE. Denver PWM LLC raised its stake in shares of NIKE by 9.7% in the third quarter. Denver PWM LLC now owns 2,574 shares of the footwear maker’s stock worth $228,000 after purchasing an additional 227 shares during the last quarter. Tidal Investments LLC raised its position in NIKE by 65.4% in the 3rd quarter. Tidal Investments LLC now owns 105,571 shares of the footwear maker’s stock valued at $9,332,000 after buying an additional 41,752 shares during the last quarter. Soltis Investment Advisors LLC lifted its stake in NIKE by 12.2% during the 3rd quarter. Soltis Investment Advisors LLC now owns 36,010 shares of the footwear maker’s stock valued at $3,183,000 after acquiring an additional 3,918 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its holdings in NIKE by 8.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 265,449 shares of the footwear maker’s stock worth $23,466,000 after acquiring an additional 20,043 shares during the last quarter. Finally, Toronto Dominion Bank grew its stake in shares of NIKE by 59.9% in the 3rd quarter. Toronto Dominion Bank now owns 1,055,597 shares of the footwear maker’s stock worth $93,315,000 after acquiring an additional 395,434 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

NIKE Company Profile

NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.