Brokers Set Expectations for NIKE’s Q2 Earnings (NYSE:NKE)

NIKE, Inc. (NYSE:NKE) – Investment analysts at Telsey Advisory Group upped their Q2 2026 earnings per share (EPS) estimates for shares of NIKE in a report released on Tuesday, September 23rd. Telsey Advisory Group analyst C. Fernandez now forecasts that the footwear maker will post earnings of $0.53 per share for the quarter, up from their prior forecast of $0.52. Telsey Advisory Group has a “Market Perform” rating and a $75.00 price objective on the stock. The consensus estimate for NIKE’s current full-year earnings is $2.05 per share. Telsey Advisory Group also issued estimates for NIKE’s Q3 2026 earnings at $0.53 EPS and Q4 2026 earnings at $0.38 EPS.

NIKE (NYSE:NKE) last announced its quarterly earnings results on Thursday, June 26th. The footwear maker reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The firm had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.69 billion. NIKE had a return on equity of 23.33% and a net margin of 6.95%.During the same quarter last year, the firm posted $0.99 earnings per share. The business’s revenue for the quarter was down 11.9% on a year-over-year basis.

NKE has been the subject of several other research reports. Royal Bank Of Canada upgraded shares of NIKE from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $76.00 to $90.00 in a report on Thursday, September 18th. Jefferies Financial Group restated a “buy” rating and set a $115.00 target price on shares of NIKE in a report on Friday, August 22nd. UBS Group set a $71.00 target price on NIKE and gave the company a “neutral” rating in a research report on Friday, September 19th. Zacks Research raised NIKE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Needham & Company LLC upped their price objective on NIKE from $66.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, June 27th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, NIKE presently has an average rating of “Moderate Buy” and a consensus price target of $79.46.

NIKE Stock Down 2.7%

NYSE:NKE opened at $69.32 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 1.50. NIKE has a 1-year low of $52.28 and a 1-year high of $90.62. The company has a 50-day moving average of $75.05 and a 200 day moving average of $67.38. The firm has a market cap of $102.38 billion, a PE ratio of 32.09, a price-to-earnings-growth ratio of 2.59 and a beta of 1.24.

Institutional Investors Weigh In On NIKE

A number of large investors have recently bought and sold shares of the company. Mascoma Wealth Management LLC purchased a new position in NIKE during the 2nd quarter worth approximately $26,000. Heck Capital Advisors LLC acquired a new stake in shares of NIKE in the fourth quarter worth $28,000. Stone House Investment Management LLC purchased a new position in shares of NIKE during the first quarter worth $25,000. Halbert Hargrove Global Advisors LLC lifted its position in NIKE by 952.6% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock valued at $28,000 after purchasing an additional 362 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in NIKE during the second quarter valued at $31,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Insiders Place Their Bets

In related news, Chairman Mark G. Parker sold 86,078 shares of NIKE stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $75.93, for a total value of $6,535,902.54. Following the completion of the sale, the chairman directly owned 744,988 shares in the company, valued at $56,566,938.84. This trade represents a 10.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.80% of the company’s stock.

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 2nd will be paid a $0.40 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 2.3%. NIKE’s dividend payout ratio (DPR) is 74.07%.

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.