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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for NKE

Based on 21 analysts offering 12 month price targets for NIKE Inc.
Min Forecast
$115.00-12.45%
Avg Forecast
$159.43+21.37%
Max Forecast
$192.00+46.16%

Should I buy or sell NKE stock?

Strong Buy
Strong Buy
13 analysts 61.9%
Buy
6 analysts 28.57%
Hold
2 analysts 9.52%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NKE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Jay Sole
UBS
Strong BuyMaintains$170.00+29.42%2021-06-14
Anonymous
Morgan Stanley
Strong BuyMaintains$172.00+30.94%2021-05-14
Randal Konik
Jefferies
Strong BuyUpgrades$192.00+46.16%2021-05-11
Erwan Rambourg
HSBC
Strong BuyMaintains$162.00+23.33%2021-03-31
Matthew Boss
JP Morgan
Strong BuyMaintains$176.00+33.98%2021-03-19
Erinn Murphy
Piper Sandler
Strong BuyMaintains$170.00+29.42%2021-03-15
Kimberly Greenberger
Morgan Stanley
Strong BuyMaintains$173.00+31.70%2021-03-11
Matthew DeGulis
KeyBanc
Strong BuyMaintains$180.00+37.03%2021-01-25
Jim Duffy
Stifel Nicolaus
Strong BuyMaintains$154.00+17.24%2020-09-23
Camilo Lyon
BTIG
Strong BuyMaintains$152.00+15.71%2020-09-23

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Forecast return on equity

Is NKE forecast to generate an efficient return?
Company
71.71%
Industry
174.34%
Market
61.34%
NKE's Return on Equity is forecast to be high in 3 years (71.71%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is NKE forecast to generate an efficient return on assets?
Company
23.64%
Industry
11.76%
Market
18.93%
NKE is forecast to generate higher Return on Assets (23.64%) than the US Consumer Cyclical industry average (11.76%)
Forecast

NKE earnings per share forecast

What is NKE's earnings per share in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$3.86+76.14%
Avg 2 year Forecast
$4.65+112.13%
Avg 3 year Forecast
$5.42+147.26%
NKE's earnings are forecast to grow at an exceptional rate of 35.29% per year
Forecast

NKE revenue forecast

What is NKE's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$48.8B+26.72%
Avg 2 year Forecast
$53.4B+38.79%
Avg 3 year Forecast
$57.6B+49.52%
NKE's revenue is forecast to grow at a rate of 14.49% per year, which is not exceptional
Forecast

NKE earnings growth forecast

How is NKE forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
35.29%
Industry
29.55%
Market
19.57%
NKE's earnings are forecast to grow faster (35.29% per year) than the US Consumer Cyclical industry average (29.55%)
Forecast
NKE's earnings are forecast to grow faster (35.29% per year) than the US market average (19.57%)
Forecast
NKE's earnings are forecast to grow faster (35.29% per year) than the risk-free savings rate (1.5%)
Forecast

NKE revenue growth forecast

How is NKE forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
14.49%
Industry
25.33%
Market
14.55%
NKE's revenues are forecast to grow slower (14.49% per year) than the US Consumer Cyclical industry average (25.33%)
Forecast
NKE's revenues are forecast to grow slower (14.49% per year) than the US market average (14.55%)
Forecast

NIKE Stock Forecast FAQ

Is NIKE Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 21 Wall Street analysts covering (NYSE: NKE) stock is to Strong Buy NKE stock.

Out of 21 analysts, 13 (61.9%) are recommending NKE as a Strong Buy, 6 (28.57%) are recommending NKE as a Buy, 2 (9.52%) are recommending NKE as a Hold, 0 (0%) are recommending NKE as a Sell, and 0 (0%) are recommending NKE as a Strong Sell.

What is NKE's earnings growth forecast for 2022-2024?

(NYSE: NKE) NIKE's forecast annual earnings growth rate of 35.29% is forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 29.55%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.57%.

NIKE's earnings in 2021 is $3,428,000,000.On average, 12 Wall Street analysts forecast NKE's earnings for 2022 to be $6,094,722,988, with the lowest NKE earnings forecast at $5,703,681,137, and the highest NKE earnings forecast at $6,604,262,369. On average, 7 Wall Street analysts forecast NKE's earnings for 2023 to be $7,340,053,036, with the lowest NKE earnings forecast at $6,793,858,418, and the highest NKE earnings forecast at $7,662,840,309.

In 2024, NKE is forecast to generate $8,555,521,706 in earnings, with the lowest earnings forecast at $8,010,433,065 and the highest earnings forecast at $9,100,610,346.

What is NKE's revenue growth forecast for 2022-2024?

(NYSE: NKE) NIKE's forecast annual revenue growth rate of 14.49% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 25.33%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.55%.

NIKE's revenue in 2021 is $38,507,000,000.On average, 9 Wall Street analysts forecast NKE's revenue for 2022 to be $77,096,732,189,174, with the lowest NKE revenue forecast at $75,625,503,189,108, and the highest NKE revenue forecast at $79,473,402,400,140. On average, 7 Wall Street analysts forecast NKE's revenue for 2023 to be $84,437,545,189,018, with the lowest NKE revenue forecast at $82,010,513,527,569, and the highest NKE revenue forecast at $87,679,372,190,398.

In 2024, NKE is forecast to generate $90,969,764,219,698 in revenue, with the lowest revenue forecast at $89,713,690,395,868 and the highest revenue forecast at $92,225,838,043,528.

What is NKE's forecast return on assets (ROA) for 2022-2024?

(NYSE: NKE) forecast ROA is 23.64%, which is higher than the forecast US Consumer Cyclical industry average of 11.76%.

What is NKE's Price Target?

According to 21 Wall Street analysts that have issued a 1 year NKE price target, the average NKE price target is $159.43, with the highest NKE stock price forecast at $192.00 and the lowest NKE stock price forecast at $115.00.

On average, Wall Street analysts predict that NIKE's share price could stay at $159.43 by Jun 14, 2022. The average NIKE stock price prediction forecasts a potential downside of N/A from the current NKE share price of $131.36.

What is NKE's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: NKE) NIKE's current Earnings Per Share (EPS) is $2.19. On average, analysts forecast that NKE's EPS will be $3.86 for 2022, with the lowest EPS forecast at $3.61, and the highest EPS forecast at $4.18. On average, analysts forecast that NKE's EPS will be $4.65 for 2023, with the lowest EPS forecast at $4.30, and the highest EPS forecast at $4.85. In 2024, NKE's EPS is forecast to hit $5.42 (min: $5.07, max: $5.76).

What is NKE's forecast return on equity (ROE) for 2022-2024?

(NYSE: NKE) forecast ROE is 71.71%, which is considered strong.
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