NIKE’s (NKE) “Neutral” Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of NIKE (NYSE:NKE) in a report published on Monday,MarketScreener reports.

NKE has been the topic of a number of other research reports. Williams Trading cut their price target on shares of NIKE from $80.00 to $57.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Daiwa Securities Group dropped their price objective on NIKE from $75.00 to $61.00 in a report on Tuesday, December 23rd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of NIKE in a research report on Wednesday, April 1st. DA Davidson cut NIKE from a “buy” rating to a “neutral” rating and reduced their target price for the company from $72.00 to $46.00 in a report on Thursday, April 2nd. Finally, Wells Fargo & Company lowered their price target on NIKE from $65.00 to $55.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Seventeen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $62.34.

NIKE Trading Up 0.5%

NYSE NKE opened at $42.85 on Monday. The company has a market cap of $63.46 billion, a P/E ratio of 28.38, a P/E/G ratio of 2.25 and a beta of 1.31. NIKE has a 12 month low of $42.09 and a 12 month high of $80.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45. The company has a 50-day moving average of $56.07 and a 200-day moving average of $61.89.

NIKE (NYSE:NKE) last released its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The business had revenue of $11.28 billion for the quarter, compared to analysts’ expectations of $11.23 billion. During the same period last year, the company earned $0.54 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. As a group, equities analysts predict that NIKE will post 2.05 earnings per share for the current year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 2nd were issued a dividend of $0.41 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 3.8%. NIKE’s payout ratio is presently 108.61%.

Insiders Place Their Bets

In other NIKE news, Director Robert Holmes Swan purchased 11,781 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The stock was purchased at an average cost of $42.44 per share, with a total value of $499,985.64. Following the transaction, the director owned 55,074 shares in the company, valued at approximately $2,337,340.56. This trade represents a 27.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John W. Rogers, Jr. purchased 4,000 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was bought at an average price of $43.34 per share, with a total value of $173,360.00. Following the completion of the acquisition, the director owned 41,022 shares in the company, valued at $1,777,893.48. This represents a 10.80% increase in their position. The SEC filing for this purchase provides additional information. 0.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On NIKE

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in NIKE by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 116,993,541 shares of the footwear maker’s stock worth $7,453,658,000 after acquiring an additional 1,702,342 shares during the period. State Street Corp raised its stake in shares of NIKE by 2.2% during the fourth quarter. State Street Corp now owns 59,315,606 shares of the footwear maker’s stock valued at $3,802,807,000 after purchasing an additional 1,275,494 shares during the period. Capital World Investors lifted its position in shares of NIKE by 16.2% during the fourth quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock worth $3,126,246,000 after purchasing an additional 6,830,938 shares in the last quarter. J. Stern & Co. LLP lifted its position in shares of 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 worth $3,061,555,000 after purchasing an additional 47,956,692 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of NIKE by 0.9% in the fourth 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 during the period. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Market commentary says NKE is deeply oversold and could have upside if the turnaround shows signs of working — this view supports bargain‑hunting interest in the stock. With Nike Shares Near a 12-Year Low, Is Now the Time to Be Brave?
• Neutral Sentiment: JPMorgan reaffirmed a neutral rating, signaling no conviction for a near‑term rally but also no active sell recommendation. NIKE, Inc. – JPMorgan Reaffirms Neutral Rating
• Neutral Sentiment: Piper Sandler reiterated a neutral rating, contributing to a broad analyst stance of “wait and see” rather than bullish conviction. NIKE’s (NKE) Neutral Rating Reiterated at Piper Sandler
• Neutral Sentiment: Investor roundups and insider‑signal pieces mention Nike among stocks to watch, but they don’t provide an immediate catalyst — useful context for longer‑term contrarian investors. 2 Stocks to Buy and 2 to Sell, According to Insiders
• Negative Sentiment: HSBC downgraded NKE from Buy to Hold and slashed its price target from $90 to $48 — a major analyst move that is cited as the primary driver of selling pressure and investor concern about lack of near‑term catalysts. HSBC Downgrades Nike to Hold as Turnaround Becomes a Show‑Me Story With No Near‑Term Catalysts
• Negative Sentiment: A law‑firm notice is circulating encouraging shareholders to explore claims that insiders breached fiduciary duties — this raises the risk of litigation or reputational/legal distractions that can sap investor confidence. Did NIKE, Inc. Insiders Breach their Fiduciary Duties to Shareholders?
• Negative Sentiment: Recent quarterly results showed an EPS beat but essentially flat revenue year‑over‑year and slim margins, underscoring why analysts are asking for clearer evidence the turnaround is sustainable; lack of near‑term operational catalysts is pressuring the stock.
• Negative Sentiment: Follow‑on coverage (e.g., Fool and video commentary) amplifies the downgrade narrative and historic‑low price framing, increasing short‑term selling pressure. Nike Got Downgraded: Can the Iconic Brand Ever Recover?

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).