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

Analyst price target for NKE

Based on 26 analysts offering 12 month price targets for NIKE Inc.
Min Forecast
$110.00-14.39%
Avg Forecast
$142.31+10.75%
Max Forecast
$165.00+28.41%

Should I buy or sell NKE stock?

Strong Buy
Strong Buy
19 analysts 76.00%
Buy
3 analysts 12.00%
Hold
3 analysts 12.00%
Sell
0 analysts 0.00%
Strong Sell
0 analysts 0.00%

Forecast return on equity

Is NKE forecast to generate an efficient return?
Company
74.24%
Industry
-320.61%
Market
-1.56%
NKE's Return on Equity is forecast to be high in 3 years (74.24%); 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
20.59%
Industry
10.42%
Market
11.47%
NKE is forecast to generate higher Return on Assets (20.59%) than the US Consumer Cyclical industry average (10.42%)
Forecast

NKE earnings per share forecast

What is NKE's earnings per share in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$2.83+64.53%
Avg 2 year Forecast
$3.64+111.73%
Avg 3 year Forecast
$4.39+155.23%
NKE's earnings are forecast to grow at an exceptional rate of 36.88% per year
Forecast

NKE revenue forecast

What is NKE's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$42.2B+12.97%
Avg 2 year Forecast
$46.8B+25.37%
Avg 3 year Forecast
$50.7B+35.74%
NKE's revenue is forecast to grow at a rate of 10.89% 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
36.88%
Industry
26.07%
Market
14.71%
NKE's earnings are forecast to grow faster (36.88% per year) than the US Consumer Cyclical industry average (26.07%)
Forecast
NKE's earnings are forecast to grow faster (36.88% per year) than the US market average (14.71%)
Forecast

NKE revenue growth forecast

How is NKE forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
10.89%
Industry
5.72%
Market
5.62%
NKE's revenues are forecast to grow faster (10.89% per year) than the US Consumer Cyclical industry average (5.72%)
Forecast
NKE's revenues are forecast to grow faster (10.89% per year) than the US market average (5.62%)
Forecast

NIKE Stock Forecast FAQ

The consensus among 25 Wall Street analysts covering (NYSE: NKE) stock is to Strong Buy NKE stock.

Out of 25 analysts, 19 (76.00%) are recommending NKE as a Strong Buy, 3 (12.00%) are recommending NKE as a Buy, 3 (12.00%) are recommending NKE as a Hold, 0 (0.00%) are recommending NKE as a Sell, and 0 (0.00%) are recommending NKE as a Strong Sell.
According to 26 Wall Street analysts that have issued a 1 year NKE price target, the average NKE price target is $142.31, with the highest NKE stock price forecast at $165.00 and the lowest NKE stock price forecast at $110.00.

On average, Wall Street analysts predict that NIKE's share price could reach $142.31 by Oct 15, 2021. The average NIKE stock price prediction forecasts a potential upside of 10.75% from the current NKE share price of $128.49.
(NYSE: NKE) NIKE's forecast annual earnings growth rate of 36.88% is forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 26.07%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.71%.

NIKE's earnings in 2020 is $2,690,000,000.On average, 14 Wall Street analysts forecast NKE's earnings for 2021 to be $4,414,484,594, with the lowest NKE earnings forecast at $3,821,726,945, and the highest NKE earnings forecast at $4,835,654,502. On average, 12 Wall Street analysts forecast NKE's earnings for 2022 to be $5,680,646,129, with the lowest NKE earnings forecast at $5,069,637,784, and the highest NKE earnings forecast at $6,395,543,051.

In 2023, NKE is forecast to generate $6,847,910,730 in earnings, with the lowest earnings forecast at $6,036,768,685 and the highest earnings forecast at $7,175,487,325.
(NYSE: NKE) NIKE's forecast annual revenue growth rate of 10.89% is forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 5.72%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 5.62%.

NIKE's revenue in 2020 is $37,337,000,000.On average, 11 Wall Street analysts forecast NKE's revenue for 2021 to be $65,797,711,921,580, with the lowest NKE revenue forecast at $64,473,032,727,329, and the highest NKE revenue forecast at $67,285,012,616,841. On average, 11 Wall Street analysts forecast NKE's revenue for 2022 to be $73,016,796,572,036, with the lowest NKE revenue forecast at $69,920,444,320,376, and the highest NKE revenue forecast at $75,275,385,720,238.

In 2023, NKE is forecast to generate $79,055,887,930,715 in revenue, with the lowest revenue forecast at $74,734,260,382,590 and the highest revenue forecast at $82,312,198,953,632.
(NYSE: NKE) NIKE's current Earnings Per Share (EPS) is $1.72. On average, analysts forecast that NKE's EPS will be $2.83 for 2021, with the lowest EPS forecast at $2.45, and the highest EPS forecast at $3.10. On average, analysts forecast that NKE's EPS will be $3.64 for 2022, with the lowest EPS forecast at $3.25, and the highest EPS forecast at $4.10. In 2023, NKE's EPS is forecast to hit $4.39 (min: $3.87, max: $4.60).
(NYSE: NKE) forecast ROE is 74.24%, which is considered strong.
(NYSE: NKE) forecast ROA is 20.59%, which is higher than the forecast US Consumer Cyclical industry average of 10.42%.
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.
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