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NYSE: NKE
Nike Inc Stock Forecast, Predictions & Price Target

Analyst price target for NKE

Based on 27 analysts offering 12 month price targets for Nike Inc.
Min Forecast
$85.00-6.53%
Avg Forecast
$115.07+26.54%
Max Forecast
$130.00+42.95%

Should I buy or sell NKE stock?

Based on 27 analysts offering ratings for Nike Inc.
Buy
Strong Buy
12 analysts 44.44%
Buy
7 analysts 25.93%
Hold
7 analysts 25.93%
Sell
0 analysts 0%
Strong Sell
1 analysts 3.7%

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NKE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-30
lockedlocked$00.00+00.00%2024-04-11Find Out Why
lockedlocked$00.00+00.00%2024-03-27Find Out Why
lockedlocked$00.00+00.00%2024-03-25Find Out Why
lockedlocked$00.00+00.00%2024-03-25Find Out Why
Bernstein
Bottom 15%
15
BuyMaintains$120.00+31.96%2024-03-22Find out why
Baird
Top 15%
86
BuyMaintains$125.00+37.45%2024-03-22Find out why
Jefferies
Top 28%
73
HoldMaintains$100.00+9.96%2024-03-22Find out why
Evercore ISI Group
Bottom 15%
15
BuyMaintains$117.00+28.66%2024-03-22Find out why
Wells Fargo
Top 18%
83
Strong BuyMaintains$120.00+31.96%2024-03-22Find out why

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Forecast return on equity

Is NKE forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.17%

Forecast return on assets

Is NKE forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

NKE earnings per share forecast

What is NKE's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$3.73+8.43%
Avg 2 year Forecast
$3.95+14.83%
Avg 3 year Forecast
$4.50+30.78%
NKE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NKE revenue forecast

What is NKE's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$51.7B+0.15%
Avg 2 year Forecast
$52.6B+1.89%
Avg 3 year Forecast
$56.0B+8.63%
NKE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NKE earnings growth forecast

How is NKE forecast to perform vs Footwear & Accessories companies and vs the US market?
Company
8.76%
Industry
8.76%
Market
17.22%
NKE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NKE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NKE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NKE revenue growth forecast

How is NKE forecast to perform vs Footwear & Accessories companies and vs the US market?
Company
2.47%
Industry
2.47%
Market
9.75%
NKE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NKE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NKE vs Shoe Stocks

TickerPricePrice TargetUp/downsideConsensus
NKE$90.94$115.07+26.54%Buy
DECK$861.99$895.44+3.88%Buy
SKX$67.78$70.00+3.28%Strong Buy
ONON$30.40$37.25+22.53%Strong Buy
CROX$143.27$145.67+1.67%Strong Buy

Nike Stock Forecast FAQ

Is Nike Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 27 Wall Street analysts covering (NYSE: NKE) stock is to Buy NKE stock.

Out of 27 analysts, 12 (44.44%) are recommending NKE as a Strong Buy, 7 (25.93%) are recommending NKE as a Buy, 7 (25.93%) are recommending NKE as a Hold, 0 (0%) are recommending NKE as a Sell, and 1 (3.7%) are recommending NKE as a Strong Sell.

If you're new to stock investing, here's how to buy Nike stock.

What is NKE's earnings growth forecast for 2024-2026?

(NYSE: NKE) Nike's forecast annual earnings growth rate of 8.76% is not forecast to beat the US Footwear & Accessories industry's average forecast earnings growth rate of 8.76%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.22%.

Nike's earnings in 2024 is $5,231,000,000.On average, 10 Wall Street analysts forecast NKE's earnings for 2024 to be $5,629,908,350, with the lowest NKE earnings forecast at $5,343,130,177, and the highest NKE earnings forecast at $5,841,218,583. On average, 14 Wall Street analysts forecast NKE's earnings for 2025 to be $5,961,967,288, with the lowest NKE earnings forecast at $5,554,440,410, and the highest NKE earnings forecast at $6,414,774,930.

In 2026, NKE is forecast to generate $6,790,454,337 in earnings, with the lowest earnings forecast at $6,354,400,577 and the highest earnings forecast at $7,169,454,333.

What is NKE's revenue growth forecast for 2024-2026?

(NYSE: NKE) Nike's forecast annual revenue growth rate of 2.47% is not forecast to beat the US Footwear & Accessories industry's average forecast revenue growth rate of 2.47%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.75%.

Nike's revenue in 2024 is $51,581,000,000.On average, 12 Wall Street analysts forecast NKE's revenue for 2024 to be $77,971,190,800,386, with the lowest NKE revenue forecast at $77,814,540,487,243, and the highest NKE revenue forecast at $78,065,848,728,608. On average, 12 Wall Street analysts forecast NKE's revenue for 2025 to be $79,326,759,529,182, with the lowest NKE revenue forecast at $78,649,668,715,156, and the highest NKE revenue forecast at $81,830,793,336,789.

In 2026, NKE is forecast to generate $84,576,111,733,924 in revenue, with the lowest revenue forecast at $83,787,526,094,184 and the highest revenue forecast at $85,841,159,686,988.

What is NKE's forecast return on assets (ROA) for 2024-2027?

(NYSE: NKE) forecast ROA is N/A, which is lower than the forecast US Footwear & Accessories industry average of N/A.

What is NKE's Price Target?

According to 27 Wall Street analysts that have issued a 1 year NKE price target, the average NKE price target is $115.07, with the highest NKE stock price forecast at $130.00 and the lowest NKE stock price forecast at $85.00.

On average, Wall Street analysts predict that Nike's share price could reach $115.07 by Apr 30, 2025. The average Nike stock price prediction forecasts a potential upside of 26.54% from the current NKE share price of $90.94.

What is NKE's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: NKE) Nike's current Earnings Per Share (EPS) is $3.44. On average, analysts forecast that NKE's EPS will be $3.73 for 2024, with the lowest EPS forecast at $3.54, and the highest EPS forecast at $3.87. On average, analysts forecast that NKE's EPS will be $3.95 for 2025, with the lowest EPS forecast at $3.68, and the highest EPS forecast at $4.25. In 2026, NKE's EPS is forecast to hit $4.50 (min: $4.21, max: $4.75).

What is NKE's forecast return on equity (ROE) for 2024-2027?

(NYSE: NKE) forecast ROE is N/A, which is considered weak.
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