NIKE (NYSE:NKE) Price Target Lowered to $58.00 at UBS Group

NIKE (NYSE:NKE) had its price target trimmed by UBS Group from $62.00 to $58.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the footwear maker’s stock.

A number of other analysts have also issued reports on NKE. Raymond James Financial reiterated a “market perform” rating on shares of NIKE in a research note on Monday, December 15th. KeyCorp decreased their target price on shares of NIKE from $90.00 to $75.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Barclays raised shares of NIKE from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $64.00 to $73.00 in a report on Wednesday, March 11th. Needham & Company LLC lowered shares of NIKE from a “buy” rating to a “hold” rating in a report on Thursday, January 8th. Finally, Oppenheimer reissued an “outperform” rating on shares of NIKE in a research report on Wednesday, December 17th. Twenty-three investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, NIKE currently has an average rating of “Moderate Buy” and a consensus price target of $74.45.

NIKE Price Performance

NKE stock opened at $53.48 on Thursday. The firm has a market cap of $79.17 billion, a P/E ratio of 31.46, a price-to-earnings-growth ratio of 2.73 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. NIKE has a 1 year low of $52.28 and a 1 year high of $80.17. The stock has a 50-day simple moving average of $61.70 and a 200-day simple moving average of $65.04.

NIKE (NYSE:NKE) last released its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, topping the consensus estimate of $0.37 by $0.16. The firm had revenue of $12.43 billion for the quarter, compared to analyst estimates of $12.19 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.NIKE’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 EPS. On average, equities analysts predict that NIKE will post 2.05 earnings per share for the current fiscal year.

NIKE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Monday, March 2nd. NIKE’s payout ratio is 96.47%.

Insider Activity at NIKE

In related news, Director Timothy D. Cook acquired 50,000 shares of NIKE stock in a transaction on Monday, December 22nd. The shares were purchased at an average cost of $58.97 per share, for a total transaction of $2,948,500.00. Following the purchase, the director directly owned 105,480 shares of the company’s stock, valued at $6,220,155.60. The trade was a 90.12% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Holmes Swan acquired 8,691 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were bought at an average cost of $57.54 per share, with a total value of $500,080.14. Following the completion of the acquisition, the director owned 43,293 shares in the company, valued at $2,491,079.22. This represents a 25.12% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 75,079 shares of company stock valued at $4,449,887 over the last ninety days. Corporate insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On NIKE

A number of hedge funds have recently bought and sold shares of the company. J. Stern & Co. LLP raised its stake in NIKE by 49,010.4% during the fourth quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock valued at $3,061,555,000 after buying an additional 47,956,692 shares in the last quarter. Norges Bank acquired a new position in shares of NIKE in the 4th quarter worth approximately $829,956,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of NIKE by 3,129.9% in the 2nd 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 acquiring an additional 8,809,950 shares during the last quarter. Harris Associates L P bought a new stake in shares of NIKE in the 2nd quarter valued at approximately $621,525,000. Finally, Capital World Investors raised its position in shares of NIKE by 16.2% during the 4th quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock valued at $3,126,246,000 after acquiring an additional 6,830,938 shares in the last quarter. 64.25% of the stock is currently owned by institutional investors and hedge funds.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Truist checks show Nike running shoes continue to sell well at Dick’s Sporting Goods, indicating product-level demand resilience that could support near‑term sales. Truist checks indicate Nike running shoes continue strong sales at Dick’s Sporting Goods
• Positive Sentiment: BTIG cut its price target (from $100 to $90) but reiterated a Buy rating, a sign that at least one sell‑side firm remains constructive on longer‑term upside despite near‑term headwinds. Benzinga
• Neutral Sentiment: Mainstream reports are flagging today’s price decline and collecting the analyst moves and macro worries that are driving sentiment — useful summary coverage but not new fundamental news. Nike stock is dropping: What’s going on today?
• Neutral Sentiment: Forbes argues rivals (e.g., Tapestry) may outpace Nike in 2026, a thematic comparison that could influence investor rotation but doesn’t change Nike’s immediate operating picture. Why Tapestry Might Outpace Nike In 2026
• Negative Sentiment: UBS cut its price target to $58 and moved to a Neutral rating, explicitly signaling weaker conviction and removing upside from consensus analyst support — a direct contributor to downward pressure on the stock. Benzinga
• Negative Sentiment: UBS channel checks and other notes warn of “lackluster” global sales momentum and muted expectations ahead of the upcoming earnings report, suggesting FQ3 results may not materially beat consensus and keeping near‑term sentiment subdued. Nike faces muted expectations ahead of earnings as UBS flags soft sales trends
• Negative Sentiment: Broader geopolitical risk — notably disruption from the Iran conflict — is highlighted as a potential risk to consumer supply chains and costs (shipping, oil), which could create margin or inventory pressures for global retailers like Nike. How To Know Which Consumer Stocks the Iran War Has Put Most at Risk
• Negative Sentiment: News aggregators and trading‑idea writeups are flagging the selloff and analyst cuts, which can amplify momentum selling by traders and ETFs tracking flows. Nike Stock Is Dropping: What’s Going On Today?

NIKE Company Profile

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).