NIKE (NYSE:NKE) Earns “Neutral” Rating from Berenberg Bank

NIKE (NYSE:NKE)‘s stock had its “neutral” rating restated by research analysts at Berenberg Bank in a research report issued to clients and investors on Friday,MarketScreener Latest Ratings reports. They presently have a $70.00 price objective on the footwear maker’s stock. Berenberg Bank’s price objective indicates a potential upside of 19.06% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the company. Sanford C. Bernstein set a $85.00 price target on NIKE and gave the company an “outperform” rating in a report on Friday. DZ Bank restated a “buy” rating on shares of NIKE in a report on Friday. TD Cowen upgraded NIKE from a “hold” rating to a “buy” rating and raised their target price for the company from $62.00 to $85.00 in a research note on Wednesday, September 10th. Guggenheim reaffirmed a “buy” rating and issued a $77.00 price target on shares of NIKE in a report on Friday. Finally, Barclays set a $64.00 price objective on shares of NIKE and gave the stock an “equal weight” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $78.14.

NIKE Trading Down 10.4%

Shares of NKE stock opened at $58.80 on Friday. NIKE has a 12-month low of $52.28 and a 12-month high of $82.44. The company has a market capitalization of $86.91 billion, a P/E ratio of 34.59, a P/E/G ratio of 2.07 and a beta of 1.29. The firm has a 50-day moving average price of $65.05 and a 200 day moving average price of $69.44. The company has a quick ratio of 1.45, a current ratio of 2.19 and a debt-to-equity ratio of 0.59.

NIKE (NYSE:NKE) last issued its quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.61%. The firm had revenue of $12.43 billion for the quarter, compared to analysts’ expectations of $12.19 billion. During the same period in the prior year, the firm earned $0.78 earnings per share. The company’s quarterly revenue was up .6% compared to the same quarter last year. Research analysts forecast that NIKE will post 2.05 earnings per share for the current fiscal year.

Insider Buying and Selling at NIKE

In related news, Director Jorgen Vig Knudstorp purchased 16,150 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were bought at an average price of $62.09 per share, with a total value of $1,002,753.50. Following the purchase, the director directly owned 21,388 shares in the company, valued at $1,327,980.92. This trade represents a 308.32% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Mark G. Parker sold 86,078 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $64.80, for a total value of $5,577,854.40. Following the completion of the transaction, the chairman owned 647,615 shares in the company, valued at $41,965,452. This represents a 11.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On NIKE

Several hedge funds have recently added to or reduced their stakes in NKE. Norges Bank acquired a new position in shares of NIKE during the 2nd quarter worth about $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in NIKE by 3,129.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock valued at $645,855,000 after purchasing an additional 8,809,950 shares during the period. Harris Associates L P acquired a new position in NIKE during the second quarter valued at approximately $621,525,000. Invesco Ltd. grew its holdings in NIKE by 66.1% during the second quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock valued at $863,647,000 after purchasing an additional 4,840,114 shares during the period. Finally, Jennison Associates LLC increased its stake in NIKE by 42.3% in the third quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock valued at $825,501,000 after purchasing an additional 3,518,666 shares in the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q2 beat on top and bottom line — Nike reported $12.4B in revenue and $0.53 EPS, both ahead of expectations, showing resilience in demand overall. Nike Beats on Earnings But Struggles in China and Faces Tariffs
• Positive Sentiment: North America strength and product wins — North American sales rose ~9% and running category grew ~20%, supporting the turnaround thesis for key categories. Nike’s China conundrum deepens
• Neutral Sentiment: Analyst mix — Some firms reaffirm buys (Guggenheim, Needham/Buys remain) while others cut price targets or mark to market; Berenberg reiterated neutral with a $70 PT. This leaves Street views mixed but not uniformly bearish. MarketScreener Latest Ratings
• Negative Sentiment: Tariff and margin pressure — Gross margin fell ~300 bps (to ~40.6%) and management flagged substantial tariff headwinds (reported ~$1.5B FY impact) and guidance for further margin contraction next quarter. Nike Plunges 11% As Tariffs, China Woes Cloud Outlook
• Negative Sentiment: China slump — Greater China sales plunged (~16–20% reported across outlets), with Chinese DTC digital revenue down sharply, raising concerns that Nike’s China playbook isn’t yet working. Nike is struggling to stay culturally relevant in China
• Negative Sentiment: Guidance and investor reaction — Management guided to low‑single‑digit revenue declines next quarter and warned of margin headwinds; markets focused on that guidance and tariffs, driving heavy selling and large intraday volume. Nike says turnaround plans are ‘in the middle innings’

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).