Robert W. Baird Has Lowered Expectations for NIKE (NYSE:NKE) Stock Price

NIKE (NYSE:NKE) had its price objective reduced by Robert W. Baird from $85.00 to $70.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the footwear maker’s stock. Robert W. Baird’s price target points to a potential upside of 58.39% from the stock’s current price.

Several other equities analysts also recently issued reports on NKE. Piper Sandler decreased their price objective on shares of NIKE from $75.00 to $60.00 and set an “overweight” rating on the stock in a report on Wednesday. BNP Paribas Exane cut their target price on shares of NIKE from $35.00 to $23.00 and set an “underperform” rating for the company in a research note on Wednesday. Argus reduced their price target on shares of NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. Daiwa Securities Group lowered their price objective on NIKE from $75.00 to $61.00 in a report on Tuesday, December 23rd. Finally, Needham & Company LLC lowered NIKE from a “buy” rating to a “hold” rating in a research note on Thursday, January 8th. Nineteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.42.

NIKE Stock Down 1.0%

NIKE stock opened at $44.20 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.40. The stock has a market capitalization of $65.43 billion, a PE ratio of 29.27, a price-to-earnings-growth ratio of 2.35 and a beta of 1.31. The business has a 50 day simple moving average of $58.84 and a 200-day simple moving average of $63.39. NIKE has a 12 month low of $43.17 and a 12 month high of $80.17.

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

Institutional Investors Weigh In On NIKE

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Financial Management LLC acquired a new position in NIKE during the fourth quarter worth $26,000. Sankala Group LLC purchased a new stake in NIKE in the 4th quarter valued at $26,000. J.Safra Asset Management Corp acquired a new stake in shares of NIKE in the 4th quarter worth $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of NIKE during the 4th quarter worth $30,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in shares of NIKE during the 2nd quarter worth $31,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

Trending Headlines about NIKE

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

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).