NIKE’s (NKE) Neutral Rating Reiterated at Bank of America

Bank of America reaffirmed their neutral rating on shares of NIKE (NYSE:NKE) in a research report report published on Wednesday, Marketbeat.com reports. They currently have a $55.00 target price on the footwear maker’s stock, down from their previous target price of $73.00.

Other equities research analysts have also recently issued reports about the stock. The Goldman Sachs Group reduced their price target on shares of NIKE from $77.00 to $76.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a report on Monday, December 15th. Argus cut their target price on NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. Williams Trading decreased their target price on NIKE from $100.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Finally, KeyCorp dropped their price target on NIKE from $90.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Nineteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.42.

NIKE Stock Performance

Shares of NIKE stock opened at $44.20 on Wednesday. The company has a quick ratio of 1.40, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. NIKE has a 52 week low of $43.17 and a 52 week high of $80.17. The firm’s 50 day moving average is $58.43 and its two-hundred day moving average is $63.19. The firm has a market capitalization of $65.43 billion, a P/E ratio of 29.27, a P/E/G ratio of 2.34 and a beta of 1.31.

NIKE (NYSE:NKE) last issued its 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 during the quarter, compared to analysts’ expectations of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.54 EPS. Research analysts forecast that NIKE will post 2.05 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd. NIKE’s dividend payout ratio is presently 108.61%.

Hedge Funds Weigh In On NIKE

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Financial Management LLC acquired a new stake in NIKE during the 4th quarter worth approximately $26,000. Sankala Group LLC acquired a new position in shares of NIKE in the fourth quarter valued at approximately $26,000. J.Safra Asset Management Corp purchased a new stake in shares of NIKE during the fourth quarter worth approximately $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of NIKE during the fourth quarter worth approximately $30,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of NIKE during the second quarter worth $31,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Dividend streak nears Dividend Aristocrat status — Nike paid a $0.41 quarterly dividend on April 1, 2026, marking 24 consecutive years of increases, which keeps income-oriented investors anchored to the stock. Can Nike Limp Across the Finish Line to Dividend Aristocrat Status?
• Positive Sentiment: Some firms still hold bullish/neutral views — DZ Bank reaffirmed a buy rating and Guggenheim left a $74 target, providing a limited positive counterpoint for longer?term holders. DZ Bank Reiterates Buy Guggenheim $74 PT
• Neutral Sentiment: Mixed earnings read: Nike slightly beat EPS estimates but management’s guidance and commentary signaled a longer turnaround, making the near?term outlook unclear for investors. Earnings and Guidance Summary
• Neutral Sentiment: Some analysts and outlets flag the stock as deeply oversold and a possible buy?the?dip candidate, but emphasize structural risks that could keep pressure on the shares. Oversold / Buy?the?Dip Coverage
• Negative Sentiment: Widespread analyst downgrades and price?target cuts — multiple firms (Goldman Sachs, BofA, DA Davidson, Barclays, Truist, China Renaissance, Evercore ISI and others) have cut ratings or lowered targets, pressuring sentiment and amplifying selling. Goldman Sachs Downgrade
• Negative Sentiment: Weak forward guidance from the Q3 call drove a sharp intra?day selloff (reports of ~15% declines after the update) as management signaled revenue and margin headwinds will persist. Earnings Call Highlights
• Negative Sentiment: China demand and direct?to?consumer (DTC) execution remain key trouble spots — several articles highlight that China weakness and a DTC reset are major drivers of the slowdown. China/DTC Coverage
• Negative Sentiment: Margin pressure from tariffs, restructuring costs and inventory moves could crimp profits even if revenue stabilizes, per margin?analysis pieces. Margin Pressure Analysis
• Negative Sentiment: Shareholder litigation inquiry — a law firm is investigating potential misstatements around DTC strategy and disclosures, which adds legal risk and could prolong volatility. Investor Litigation Notice
• Negative Sentiment: Technical/market signals: the stock hit multi?year lows on heavy volume and faces a weakened analyst consensus, increasing the chance of further downside until clearer signs of a sustained recovery appear. MarketBeat Analysis

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).