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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for NKE

Based on 20 analysts offering 12 month price targets for NIKE Inc.
Min Forecast
$95.00-29.86%
Avg Forecast
$151.65+11.96%
Max Forecast
$180.00+32.89%

Should I buy or sell NKE stock?

Strong Buy
Strong Buy
12 analysts 60%
Buy
7 analysts 35%
Hold
1 analysts 5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NKE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Erwan Rambourg
HSBC
Strong BuyMaintains$162.00+19.60%2021-03-31
Matthew Boss
JP Morgan
Strong BuyMaintains$176.00+29.94%2021-03-19
Erinn Murphy
Piper Sandler
Strong BuyMaintains$170.00+25.51%2021-03-15
Kimberly Greenberger
Morgan Stanley
Strong BuyMaintains$173.00+27.72%2021-03-11
Matthew DeGulis
KeyBanc
Strong BuyMaintains$180.00+32.89%2021-01-25
Jim Duffy
Stifel Nicolaus
Strong BuyMaintains$154.00+13.70%2020-09-23
Camilo Lyon
BTIG
Strong BuyMaintains$152.00+12.22%2020-09-23
Paul Lejuez
Citigroup
Strong BuyMaintains$137.00+1.14%2020-09-23
Paul Trussell
Deutsche Bank
Strong BuyUpgrades$151.00+11.48%2020-09-23
Adrienne Yih Tennant
Barclays
Strong BuyMaintains$132.00-2.55%2020-09-18

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Forecast return on equity

Is NKE forecast to generate an efficient return?
Company
71.55%
Industry
121.33%
Market
32,279.67%
NKE's Return on Equity is forecast to be high in 3 years (71.55%); 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
23.59%
Industry
12.04%
Market
11,627.87%
NKE is forecast to generate higher Return on Assets (23.59%) than the US Consumer Cyclical industry average (12.04%)
Forecast

NKE earnings per share forecast

What is NKE's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$3.11+41.94%
Avg 2 year Forecast
$3.87+76.71%
Avg 3 year Forecast
$4.63+111.48%
NKE's earnings are forecast to grow at an exceptional rate of 28.36% per year
Forecast

NKE revenue forecast

What is NKE's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$43.3B+12.51%
Avg 2 year Forecast
$48.6B+26.28%
Avg 3 year Forecast
$53.0B+37.56%
NKE's revenue is forecast to grow at a rate of 11.37% 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
28.36%
Industry
43.71%
Market
23.11%
NKE's earnings are forecast to grow slower (28.36% per year) than the US Consumer Cyclical industry average (43.71%)
Forecast
NKE's earnings are forecast to grow faster (28.36% per year) than the US market average (23.11%)
Forecast
NKE's earnings are forecast to grow faster (28.36% per year) than the risk-free savings rate (1.7%)
Forecast

NKE revenue growth forecast

How is NKE forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
11.37%
Industry
19.8%
Market
15.02%
NKE's revenues are forecast to grow slower (11.37% per year) than the US Consumer Cyclical industry average (19.8%)
Forecast
NKE's revenues are forecast to grow slower (11.37% per year) than the US market average (15.02%)
Forecast

NIKE Stock Forecast FAQ

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

The consensus among 20 Wall Street analysts covering (NYSE: NKE) stock is to Strong Buy NKE stock.

Out of 20 analysts, 12 (60%) are recommending NKE as a Strong Buy, 7 (35%) are recommending NKE as a Buy, 1 (5%) 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 2021-2023?

(NYSE: NKE) NIKE's forecast annual earnings growth rate of 28.36% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 43.71%, and while it is forecast to beat the US market's average forecast earnings growth rate of 23.11%.

NIKE's earnings in 2021 is $3,428,000,000.On average, 13 Wall Street analysts forecast NKE's earnings for 2021 to be $4,900,519,199, with the lowest NKE earnings forecast at $4,571,821,032, and the highest NKE earnings forecast at $5,170,887,236. On average, 13 Wall Street analysts forecast NKE's earnings for 2022 to be $6,101,016,343, with the lowest NKE earnings forecast at $5,722,658,740, and the highest NKE earnings forecast at $6,621,258,046.

In 2023, NKE is forecast to generate $7,301,355,837 in earnings, with the lowest earnings forecast at $6,778,907,047 and the highest earnings forecast at $7,645,976,553.

What is NKE's revenue growth forecast for 2021-2023?

(NYSE: NKE) NIKE's forecast annual revenue growth rate of 11.37% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 19.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.02%.

NIKE's revenue in 2021 is $38,507,000,000.On average, 10 Wall Street analysts forecast NKE's revenue for 2021 to be $68,300,586,304,419, with the lowest NKE revenue forecast at $67,965,637,354,232, and the highest NKE revenue forecast at $68,831,587,552,374. On average, 10 Wall Street analysts forecast NKE's revenue for 2022 to be $76,660,293,486,409, with the lowest NKE revenue forecast at $75,567,472,187,274, and the highest NKE revenue forecast at $78,455,601,887,426.

In 2023, NKE is forecast to generate $83,509,267,632,248 in revenue, with the lowest revenue forecast at $82,382,512,385,626 and the highest revenue forecast at $85,505,665,216,618.

What is NKE's forecast return on assets (ROA) for 2021-2024?

(NYSE: NKE) forecast ROA is 23.59%, which is higher than the forecast US Consumer Cyclical industry average of 12.04%.

What is NKE's Price Target?

According to 20 Wall Street analysts that have issued a 1 year NKE price target, the average NKE price target is $151.65, with the highest NKE stock price forecast at $180.00 and the lowest NKE stock price forecast at $95.00.

On average, Wall Street analysts predict that NIKE's share price could stay at $151.65 by Mar 31, 2022. The average NIKE stock price prediction forecasts a potential downside of N/A from the current NKE share price of $135.45.

What is NKE's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: NKE) NIKE's current Earnings Per Share (EPS) is $2.19. On average, analysts forecast that NKE's EPS will be $3.11 for 2021, with the lowest EPS forecast at $2.90, and the highest EPS forecast at $3.28. On average, analysts forecast that NKE's EPS will be $3.87 for 2022, with the lowest EPS forecast at $3.63, and the highest EPS forecast at $4.20. In 2023, NKE's EPS is forecast to hit $4.63 (min: $4.30, max: $4.85).

What is NKE's forecast return on equity (ROE) for 2021-2024?

(NYSE: NKE) forecast ROE is 71.55%, which is considered strong.
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