NIKE (NYSE:NKE) Earns Neutral Rating from JPMorgan Chase & Co.

NIKE (NYSE:NKE)‘s stock had its “neutral” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued on Wednesday, Marketbeat.com reports. They presently have a $52.00 target price on the footwear maker’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 17.66% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. Piper Sandler set a $75.00 target price on shares of NIKE and gave the stock an “overweight” rating in a research note on Friday, December 19th. Wells Fargo & Company set a $65.00 price objective on NIKE and gave the company an “overweight” rating in a research note on Friday, December 19th. Barclays upgraded NIKE from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $64.00 to $73.00 in a report on Wednesday, March 11th. Robert W. Baird lowered their target price on NIKE from $93.00 to $85.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. Finally, Truist Financial set a $69.00 price target on NIKE in a report on Wednesday, January 14th. Nineteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NIKE has an average rating of “Moderate Buy” and an average price target of $63.42.

NIKE Stock Down 1.0%

NKE stock opened at $44.20 on Wednesday. The firm has a market cap of $65.43 billion, a PE ratio of 29.27, a PEG ratio of 2.35 and a beta of 1.31. NIKE has a one year low of $43.17 and a one year high of $80.17. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.14. The firm’s 50 day moving average price is $58.84 and its 200-day moving average price is $63.39.

NIKE (NYSE:NKE) last announced its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.06. The company had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. NIKE’s revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.54 earnings per share. On average, equities research analysts anticipate that NIKE will post 2.05 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of NIKE by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 116,993,541 shares of the footwear maker’s stock valued at $7,453,658,000 after acquiring an additional 1,702,342 shares in the last quarter. State Street Corp raised its holdings in NIKE by 2.2% during the fourth quarter. State Street Corp now owns 59,315,606 shares of the footwear maker’s stock worth $3,802,807,000 after purchasing an additional 1,275,494 shares in the last quarter. Capital World Investors lifted its position in NIKE by 16.2% in the fourth quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock valued at $3,126,246,000 after purchasing an additional 6,830,938 shares during the period. J. Stern & Co. LLP lifted its position in NIKE by 49,010.4% in 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 purchasing an additional 47,956,692 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in NIKE by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 26,442,879 shares of the footwear maker’s stock valued at $1,677,251,000 after purchasing an additional 233,925 shares in the last quarter. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q3 beat on the headline numbers — EPS topped estimates and management says actions are underway to clear unhealthy inventory, which supports the argument the trough may be in place. NIKE Q3 Earnings & Revenues Top Estimates, Margin Pressures Persist
• Positive Sentiment: Some brokers and value-focused analysts still call NKE a buy on a beaten-up valuation and strong balance sheet — supporting a potential buy‑the‑dip case for long‑term investors. With Nike Stock Deep in Oversold Territory, Should You Buy the Dip?
• Neutral Sentiment: Technicals show heavy selling (volume spikes, oversold indicators), which can lead to short‑term bounces or further weakness depending on next‑quarter guidance and investor positioning. Down 75% From Its High, How Much Lower Can Nike Get?
• Negative Sentiment: Weak guidance was the primary catalyst — Nike forecast revenue down in the coming quarter (management signaled sales declines and extended recovery timing), which triggered the selloff as investors reprice a slower turnaround. Nike Stock Plunges As Weak China Sales Guidance Rattles Investors
• Negative Sentiment: Greater China remains a major drag (management flagged a sharp China sales decline), and margin pressure from tariffs, promotions and restructuring raises near‑term profit risk. NIKE’s Gross Margin Drag & Tariff Costs Loom: Can It Protect Profits?
• Negative Sentiment: Wall Street reaction has included numerous price‑target cuts and downgrades alongside a new shareholder litigation inquiry into disclosures about the turnaround and DTC strategy — additional reputational and legal risk. Kuehn Law Encourages Investors of Nike, Inc. to Contact Law Firm

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).