Telsey Advisory Group Reduces Earnings Estimates for NIKE

NIKE, Inc. (NYSE:NKE) – Research analysts at Telsey Advisory Group lowered their Q2 2026 earnings per share (EPS) estimates for NIKE in a note issued to investors on Wednesday, October 1st. Telsey Advisory Group analyst C. Fernandez now expects that the footwear maker will post earnings per share of $0.36 for the quarter, down from their prior forecast of $0.53. Telsey Advisory Group currently has a “Market Perform” rating and a $75.00 target price 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 $0.44 EPS and Q1 2027 earnings at $0.71 EPS.

NKE has been the topic of a number of other research reports. Cowen raised shares of NIKE from a “hold” rating to a “buy” rating in a research report on Wednesday, September 10th. Citigroup raised NIKE from a “neutral” rating to a “positive” rating in a research note on Friday, September 19th. UBS Group set a $71.00 target price on NIKE and gave the stock a “neutral” rating in a research note on Friday, September 19th. Piper Sandler set a $84.00 price target on NIKE and gave the company an “overweight” rating in a research note on Wednesday. Finally, Needham & Company LLC restated a “buy” rating and set a $78.00 price target on shares of NIKE in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $81.57.

NIKE Trading Down 3.4%

NYSE:NKE opened at $72.01 on Friday. NIKE has a 52 week low of $52.28 and a 52 week high of $84.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.50 and a current ratio of 2.19. The firm’s fifty day moving average is $74.62 and its 200-day moving average is $67.31. The firm has a market cap of $106.34 billion, a P/E ratio of 36.93, a P/E/G ratio of 2.75 and a beta of 1.29.

NIKE (NYSE:NKE) last announced its earnings results on Tuesday, September 30th. The footwear maker reported $0.49 EPS for the quarter, beating the consensus estimate of $0.27 by $0.22. NIKE had a return on equity of 21.16% and a net margin of 6.23%.The business had revenue of $11.72 billion for the quarter, compared to analysts’ expectations of $10.96 billion. During the same period in the prior year, the business posted $0.70 earnings per share. The firm’s revenue was up 1.0% on a year-over-year basis.

NIKE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, September 2nd. NIKE’s dividend payout ratio (DPR) is currently 82.05%.

Insider Activity

In other news, Chairman Mark G. Parker sold 110,000 shares of the business’s stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $72.29, for a total transaction of $7,951,900.00. Following the completion of the sale, the chairman directly owned 842,361 shares of the company’s stock, valued at $60,894,276.69. The trade was a 11.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NIKE

A number of hedge funds have recently added to or reduced their stakes in NKE. Mascoma Wealth Management LLC bought a new position in shares of NIKE in the second quarter valued at approximately $26,000. Stone House Investment Management LLC purchased a new stake in NIKE in the 1st quarter valued at $25,000. Halbert Hargrove Global Advisors LLC lifted its stake in NIKE by 952.6% during the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock valued at $28,000 after acquiring an additional 362 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in NIKE during the 2nd quarter worth $31,000. Finally, Matrix Trust Co grew its stake in shares of NIKE by 53.1% in the 2nd quarter. Matrix Trust Co now owns 441 shares of the footwear maker’s stock worth $31,000 after acquiring an additional 153 shares in the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE Company Profile

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.