NIKE (NYSE:NKE) Price Target Cut to $51.00 by Analysts at Deutsche Bank Aktiengesellschaft

NIKE (NYSE:NKE) had its price target reduced by research analysts at Deutsche Bank Aktiengesellschaft from $54.00 to $51.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has a “hold” rating on the footwear maker’s stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 13.62% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Berenberg Bank reissued a “neutral” rating and set a $70.00 price target on shares of NIKE in a research note on Friday, December 19th. Truist Financial lowered their target price on shares of NIKE from $69.00 to $57.00 and set a “buy” rating for the company in a report on Wednesday. Weiss Ratings upgraded shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. Piper Sandler cut their price target on NIKE from $75.00 to $60.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, UBS Group decreased their price objective on NIKE from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Thursday, March 19th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, NIKE has an average rating of “Moderate Buy” and a consensus price target of $64.57.

NIKE Price Performance

Shares of NKE traded down $7.94 during mid-day trading on Wednesday, hitting $44.89. 87,936,225 shares of the company traded hands, compared to its average volume of 17,079,348. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $66.45 billion, a price-to-earnings ratio of 26.42, a PEG ratio of 2.69 and a beta of 1.27. The business has a 50-day moving average of $59.68 and a 200 day moving average of $63.66. NIKE has a one year low of $44.67 and a one year high of $80.17.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The business had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 earnings per share. As a group, equities analysts expect that NIKE will post 2.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Purpose Unlimited Inc. acquired a new position in NIKE in the fourth quarter valued at about $57,000. Cornerstone Planning LLC acquired a new stake in shares of NIKE during the fourth quarter worth about $1,431,000. Bank of New Hampshire lifted its holdings in shares of NIKE by 3,257.1% during the 4th quarter. Bank of New Hampshire now owns 1,175 shares of the footwear maker’s stock valued at $75,000 after purchasing an additional 1,140 shares in the last quarter. World Investment Advisors grew its position in shares of NIKE by 1.2% in the 4th quarter. World Investment Advisors now owns 54,578 shares of the footwear maker’s stock valued at $3,477,000 after purchasing an additional 644 shares during the period. Finally, ARP Global Capital Ltd bought a new stake in NIKE during the 4th quarter worth approximately $4,715,000. 64.25% of the stock is currently owned by institutional investors.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 results beat estimates on both top and bottom lines (EPS $0.35 vs. ~$0.29 consensus; revenue ~$11.28B roughly in line-to-slightly-above expectations), showing the turnaround still produces tangible operational progress. NIKE, Inc. Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Management says the company has taken intentional actions (clearing unhealthy inventory, rebalancing wholesale vs. DTC) that pressure near?term margins but are intended to set up later improvement — a strategic move that could pay off but delays visible recovery. Nike Takes ‘Intentional’ Hit To Clear ‘Unhealthy Inventory’ In Q3 As CEO Eyes Turnaround By Year-End
• Negative Sentiment: Weak guidance drove the selloff: Nike guided fiscal Q4 revenue to decline (company-range), below Street expectations, and warned Greater China sales will remain soft — management said the China reset could take multiple quarters. Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors
• Negative Sentiment: Margin pressure from tariffs, promotions and inventory actions pushed operating profit and net income materially lower year?over?year, undercutting confidence in a near?term margin rebound. Nike third-quarter sales beat estimates as turnaround efforts gain traction
• Negative Sentiment: Analysts reacted quickly: multiple firms cut price targets or downgraded forecasts (Wells Fargo, Truist, Telsey and others), amplifying downward pressure and raising the risk of further revision. These Analysts Cut Their Forecasts On Nike After Q3 Results
• Negative Sentiment: Investor sentiment soured after candid executive comments about the slow turnaround — headlines and tone (including a blunt CEO remark) reinforced the view that recovery is taking longer than planned. Nike CEO vents as company struggles to regain footing after disappointing profits : ‘I’m so tired’

About NIKE

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).