Telsey Advisory Group Trims NIKE (NYSE:NKE) Target Price to $96.00

NIKE (NYSE:NKE) had its price target cut by Telsey Advisory Group from $100.00 to $96.00 in a research note released on Wednesday, MarketBeat Ratings reports. They currently have an outperform rating on the footwear maker’s stock. Telsey Advisory Group also issued estimates for NIKE’s Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.46 EPS, Q4 2025 earnings at $0.75 EPS, FY2025 earnings at $2.55 EPS, Q1 2026 earnings at $0.80 EPS, Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.95 EPS and FY2026 earnings at $3.20 EPS.

NKE has been the topic of several other research reports. Raymond James reiterated a market perform rating on shares of NIKE in a research report on Friday, June 28th. Deutsche Bank Aktiengesellschaft reiterated a buy rating and set a $92.00 target price on shares of NIKE in a report on Friday, September 20th. HSBC dropped their price target on NIKE from $100.00 to $90.00 and set a hold rating on the stock in a research report on Friday, June 28th. TD Cowen decreased their price objective on NIKE from $75.00 to $71.00 and set a hold rating for the company in a report on Thursday, July 25th. Finally, StockNews.com lowered NIKE from a buy rating to a hold rating in a research report on Friday, June 21st. Fifteen research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of $96.04.

NIKE Price Performance

Shares of NKE stock opened at $82.26 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.69 and a current ratio of 2.40. NIKE has a fifty-two week low of $70.75 and a fifty-two week high of $123.39. The firm has a market cap of $124.15 billion, a P/E ratio of 22.05, a P/E/G ratio of 2.30 and a beta of 1.02. The business’s 50 day moving average price is $80.90 and its 200-day moving average price is $86.24.

NIKE (NYSE:NKE) last released its quarterly earnings results on Tuesday, October 1st. The footwear maker reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.18. NIKE had a net margin of 11.10% and a return on equity of 42.63%. The business had revenue of $11.59 billion for the quarter, compared to analysts’ expectations of $11.64 billion. During the same quarter in the previous year, the business posted $0.94 earnings per share. The firm’s revenue for the quarter was down 10.4% compared to the same quarter last year. On average, equities research analysts anticipate that NIKE will post 3.04 earnings per share for the current year.

NIKE Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.37 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.80%. NIKE’s dividend payout ratio is presently 39.68%.

Insider Activity

In other NIKE news, Chairman Mark G. Parker sold 52,487 shares of the stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $78.00, for a total value of $4,093,986.00. Following the transaction, the chairman now owns 1,031,226 shares of the company’s stock, valued at approximately $80,435,628. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Chairman Mark G. Parker sold 110,000 shares of NIKE stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $72.97, for a total transaction of $8,026,700.00. Following the transaction, the chairman now owns 1,102,090 shares in the company, valued at $80,419,507.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Mark G. Parker sold 52,487 shares of the business’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $78.00, for a total transaction of $4,093,986.00. Following the sale, the chairman now directly owns 1,031,226 shares of the company’s stock, valued at approximately $80,435,628. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On NIKE

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kampmann Melissa S. raised its stake in shares of NIKE by 0.8% in the fourth quarter. Kampmann Melissa S. now owns 15,050 shares of the footwear maker’s stock worth $1,634,000 after buying an additional 115 shares during the period. Ascent Wealth Partners LLC raised its stake in NIKE by 0.4% during the 1st quarter. Ascent Wealth Partners LLC now owns 28,513 shares of the footwear maker’s stock worth $2,680,000 after acquiring an additional 115 shares during the period. Condor Capital Management lifted its holdings in NIKE by 0.4% during the first quarter. Condor Capital Management now owns 26,079 shares of the footwear maker’s stock valued at $2,451,000 after purchasing an additional 116 shares in the last quarter. Bell Investment Advisors Inc boosted its position in shares of NIKE by 4.7% in the fourth quarter. Bell Investment Advisors Inc now owns 2,610 shares of the footwear maker’s stock worth $283,000 after purchasing an additional 118 shares during the period. Finally, Lodestone Wealth Management LLC increased its stake in shares of NIKE by 5.5% in the first quarter. Lodestone Wealth Management LLC now owns 2,248 shares of the footwear maker’s stock worth $211,000 after purchasing an additional 118 shares in the last quarter. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

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.