WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for NKE

Based on 31 analysts offering 12 month price targets for Nike Inc.
Min Forecast
$3.56-96.7%
Avg Forecast
$130.99+21.53%
Max Forecast
$160.00+48.45%

Should I buy or sell NKE stock?

Based on 31 analysts offering ratings for Nike Inc.
Buy
Strong Buy
12 analysts 38.71%
Buy
9 analysts 29.03%
Hold
8 analysts 25.81%
Sell
0 analysts 0%
Strong Sell
2 analysts 6.45%

Be the first to know when Wall Street analysts revise their NKE stock forecasts and price targets.

NKE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Williams Trading
Top 3%
98
Strong SellDowngrades$95.00-11.86%2023-05-22Find out why
Oppenheimer
Top 9%
92
BuyReiterates$150.00+39.17%2023-04-18
Argus Research
Top 23%
78
HoldMaintains$3.56-96.70%2023-04-03
Morgan Stanley
Top 5%
96
Strong BuyMaintains$130.00+20.62%2023-03-28
Daiwa Capital
Top 48%
53
HoldMaintains$123.00+14.12%2023-03-28Find out why
Guggenheim
Top 29%
72
Strong BuyMaintains$145.00+34.53%2023-03-22Find out why
Jefferies
Top 27%
74
Strong BuyMaintains$160.00+48.45%2023-03-22Find out why
Piper Sandler
Top 43%
58
HoldMaintains$112.00+3.92%2023-03-22Find out why
RBC Capital
Top 29%
72
BuyReiterates$145.00+34.53%2023-03-22
Stifel Nicolaus
Top 4%
97
Strong BuyMaintains$143.00+32.68%2023-03-22Find out why

1 of 4

Forecast return on equity

Is NKE forecast to generate an efficient return?
Company
56.06%
Industry
53.84%
Market
71.96%
NKE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NKE forecast to generate an efficient return on assets?
Company
21.27%
Industry
20.43%
NKE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NKE earnings per share forecast

What is NKE's earnings per share in the next 3 years based on estimates from 15 analysts?
Avg 1 year Forecast
$3.98+13.39%
Avg 2 year Forecast
$4.73+34.76%
Avg 3 year Forecast
$5.30+51%
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 13 analysts?
Avg 1 year Forecast
$54.5B+7.72%
Avg 2 year Forecast
$59.2B+16.89%
Avg 3 year Forecast
$65.7B+29.79%
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
15.6%
Industry
15.56%
Market
25.64%
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
8.37%
Industry
8.5%
Market
8.42%
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$107.78$130.99+21.53%Buy
DECK$476.78$533.50+11.90%Strong Buy
SKX$51.99$54.38+4.59%Buy
CROX$110.04$152.60+38.68%Buy
SHOO$32.65$37.60+15.16%Hold
View Top Shoe Stocks

Nike Stock Forecast FAQ

Is Nike Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 31 Wall Street analysts covering (NYSE: NKE) stock is to Buy NKE stock.

Out of 31 analysts, 12 (38.71%) are recommending NKE as a Strong Buy, 9 (29.03%) are recommending NKE as a Buy, 8 (25.81%) are recommending NKE as a Hold, 0 (0%) are recommending NKE as a Sell, and 2 (6.45%) 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 15.6% is forecast to beat the US Footwear & Accessories industry's average forecast earnings growth rate of 15.56%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 25.64%.

Nike's earnings in 2023 is $5,478,000,000.On average, 15 Wall Street analysts forecast NKE's earnings for 2024 to be $6,117,215,488, with the lowest NKE earnings forecast at $5,179,652,310, and the highest NKE earnings forecast at $6,916,449,672. On average, 10 Wall Street analysts forecast NKE's earnings for 2025 to be $7,269,957,100, with the lowest NKE earnings forecast at $6,301,654,146, and the highest NKE earnings forecast at $7,915,492,402.

In 2026, NKE is forecast to generate $8,146,040,725 in earnings, with the lowest earnings forecast at $8,146,040,725 and the highest earnings forecast at $8,146,040,725.

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

(NYSE: NKE) Nike's forecast annual revenue growth rate of 8.37% is not forecast to beat the US Footwear & Accessories industry's average forecast revenue growth rate of 8.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.42%.

Nike's revenue in 2023 is $50,626,000,000.On average, 13 Wall Street analysts forecast NKE's revenue for 2024 to be $83,820,006,311,223, with the lowest NKE revenue forecast at $80,631,447,699,979, and the highest NKE revenue forecast at $86,309,606,962,480. On average, 10 Wall Street analysts forecast NKE's revenue for 2025 to be $90,953,607,911,102, with the lowest NKE revenue forecast at $85,707,614,552,917, and the highest NKE revenue forecast at $93,684,386,699,411.

In 2026, NKE is forecast to generate $100,987,850,155,280 in revenue, with the lowest revenue forecast at $100,987,850,155,280 and the highest revenue forecast at $100,987,850,155,280.

What is NKE's forecast return on assets (ROA) for 2024-2026?

(NYSE: NKE) forecast ROA is 21.27%, which is higher than the forecast US Footwear & Accessories industry average of 20.43%.

What is NKE's Price Target?

According to 31 Wall Street analysts that have issued a 1 year NKE price target, the average NKE price target is $130.99, with the highest NKE stock price forecast at $160.00 and the lowest NKE stock price forecast at $3.56.

On average, Wall Street analysts predict that Nike's share price could reach $130.99 by May 22, 2024. The average Nike stock price prediction forecasts a potential upside of 21.53% from the current NKE share price of $107.78.

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

(NYSE: NKE) Nike's current Earnings Per Share (EPS) is $3.51. On average, analysts forecast that NKE's EPS will be $3.98 for 2024, with the lowest EPS forecast at $3.37, and the highest EPS forecast at $4.50. On average, analysts forecast that NKE's EPS will be $4.73 for 2025, with the lowest EPS forecast at $4.10, and the highest EPS forecast at $5.15. In 2026, NKE's EPS is forecast to hit $5.30 (min: $5.30, max: $5.30).

What is NKE's forecast return on equity (ROE) for 2024-2026?

(NYSE: NKE) forecast ROE is 56.06%, which is considered strong.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.