NIKE (NYSE:NKE) Downgraded by Telsey Advisory Group to Market Perform

NIKE (NYSE:NKE) was downgraded by Telsey Advisory Group from an “outperform” rating to a “market perform” rating in a report issued on Friday, Marketbeat reports. They currently have a $80.00 target price on the footwear maker’s stock, down from their prior target price of $93.00. Telsey Advisory Group’s price objective suggests a potential upside of 3.76% from the stock’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 and FY2026 earnings at $3.10 EPS.

A number of other research firms have also commented on NKE. Guggenheim cut their price objective on shares of NIKE from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday, October 2nd. Wells Fargo & Company cut their price target on shares of NIKE from $95.00 to $92.00 and set an “overweight” rating for the company in a report on Monday. UBS Group lowered their price objective on NIKE from $82.00 to $80.00 and set a “neutral” rating on the stock in a research report on Monday, December 9th. Sanford C. Bernstein dropped their price objective on NIKE from $112.00 to $109.00 and set an “outperform” rating for the company in a research note on Thursday, September 19th. Finally, Evercore ISI decreased their target price on NIKE from $105.00 to $97.00 and set an “outperform” rating on the stock in a research note on Monday. Fifteen investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, NIKE has a consensus rating of “Moderate Buy” and a consensus target price of $90.81.

NIKE Trading Up 0.3 %

NYSE:NKE opened at $77.10 on Friday. NIKE has a 1 year low of $70.75 and a 1 year high of $123.39. The stock’s fifty day moving average price is $78.18 and its two-hundred day moving average price is $80.77. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.36 and a quick ratio of 1.58. The company has a market cap of $115.60 billion, a P/E ratio of 22.09, a P/E/G ratio of 1.89 and a beta of 1.02.

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 analysts’ consensus estimates of $0.63 by $0.15. NIKE had a return on equity of 39.84% and a net margin of 10.60%. The company had revenue of $12.35 billion for the quarter, compared to analyst estimates of $12.11 billion. During the same period in the previous year, the company posted $1.03 EPS. The firm’s revenue for the quarter was down 7.7% compared to the same quarter last year. As a group, analysts expect that NIKE will post 2.72 EPS for the current year.

Institutional Trading of NIKE

Several hedge funds and other institutional investors have recently bought and sold shares of NKE. Teachers Insurance & Annuity Association of America purchased a new position in shares of NIKE in the third quarter worth $30,000. VitalStone Financial LLC increased its position in shares of NIKE by 52.6% in the third quarter. VitalStone Financial LLC now owns 435 shares of the footwear maker’s stock valued at $38,000 after acquiring an additional 150 shares during the period. Dunhill Financial LLC increased its position in shares of NIKE by 52.2% in the third quarter. Dunhill Financial LLC now owns 493 shares of the footwear maker’s stock valued at $44,000 after acquiring an additional 169 shares during the period. Strategic Financial Concepts LLC purchased a new stake in shares of NIKE during the second quarter worth about $48,000. Finally, Ecofi Investissements SA purchased a new stake in shares of NIKE during the second quarter worth about $49,000. Institutional investors own 64.25% of the company’s stock.

About NIKE

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.