NIKE (NYSE:NKE) Earns “Neutral” Rating from The Goldman Sachs Group

NIKE (NYSE:NKE)‘s stock had its “neutral” rating restated by The Goldman Sachs Group in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. They presently have a $52.00 price objective on the footwear maker’s stock, down from their previous price objective of $76.00. The Goldman Sachs Group’s price objective would indicate a potential upside of 17.66% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Oppenheimer restated an “outperform” rating on shares of NIKE in a report on Wednesday, December 17th. Williams Trading lowered their target price on NIKE from $100.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, December 19th. UBS Group dropped their price target on NIKE from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Thursday, March 19th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $52.00 price objective on shares of NIKE in a research report on Wednesday. Finally, Argus lowered their price objective on shares of NIKE from $85.00 to $70.00 in a research note on Tuesday, December 23rd. Nineteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $63.42.

NIKE Stock Performance

Shares of NKE stock opened at $44.20 on Wednesday. NIKE has a fifty-two week low of $43.17 and a fifty-two week high of $80.17. The stock’s 50-day moving average is $58.84 and its two-hundred day moving average is $63.39. 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 firm has a market cap of $65.43 billion, a P/E ratio of 29.27, a PEG ratio of 2.35 and a beta of 1.31.

NIKE (NYSE:NKE) last released its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $11.23 billion. During the same quarter last year, the firm earned $0.54 EPS. NIKE’s revenue for the quarter was up .1% on a year-over-year basis. Analysts predict that NIKE will post 2.05 earnings per share for the current fiscal year.

Institutional Trading of NIKE

A number of hedge funds and other institutional investors have recently made changes to their positions in NKE. Mizuho Markets Cayman LP bought a new stake in NIKE in the 3rd quarter valued at about $34,200,000. Exchange Traded Concepts LLC boosted its position in NIKE by 697.5% during the third quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock worth $15,960,000 after purchasing an additional 200,187 shares during the period. Strive Asset Management LLC purchased a new position in shares of NIKE in the third quarter worth about $1,743,000. Soros Fund Management LLC raised its position in shares of NIKE by 33.0% in the second quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock valued at $21,477,000 after purchasing an additional 75,000 shares during the period. Finally, Brighton Jones LLC lifted its stake in shares of NIKE by 54.6% during the 3rd quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock valued at $7,307,000 after buying an additional 37,019 shares in the last quarter. 64.25% of the stock is currently owned by institutional investors and hedge funds.

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

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).