
NIKE (NKE) Stock Forecast & Price Target
NIKE (NKE) Analyst Ratings
Bulls say
Nike's athletic footwear segment, particularly the running category, has demonstrated robust growth, with an impressive increase of over 20% in the latest quarter. The company's strategic reset in its product structure, which segments offerings into three silos with varying price points, positions it to successfully launch new running footwear styles each season, enhancing product innovation. Additionally, the year-over-year increase in spring order books indicates a positive trajectory in wholesale revenue, reinforcing confidence in Nike's ongoing performance and market presence.
Bears say
Nike is projecting a low-single-digit percentage decline in sales year-over-year, which reflects a concerning trend in revenue performance. The company anticipates a substantial drop in gross margins of 300-375 basis points, primarily due to initiatives aimed at enhancing its marketplace positioning and the impact of tariffs. Additionally, significant increases in selling, general, and administrative expenses are expected, further straining profitability as Nike prioritizes investments in demand creation.
This aggregate rating is based on analysts' research of NIKE and is not a guaranteed prediction by Public.com or investment advice.
NIKE (NKE) Analyst Forecast & Price Prediction
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