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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for NKE

Based on 22 analysts offering 12 month price targets for NIKE Inc.
Min Forecast
$140.00-11.08%
Avg Forecast
$178.36+13.29%
Max Forecast
$221.00+40.37%

Should I buy or sell NKE stock?

Based on 24 analysts offering ratings for NIKE Inc.
Strong Buy
Strong Buy
12 analysts 50%
Buy
8 analysts 33.33%
Hold
4 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NKE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Deutsche Bank
Top 41%
60
Strong BuyMaintains$171.00+8.61%2021-09-20
BTIG
Top 5%
96
HoldDowngradesN/AN/A2021-09-13
Morgan Stanley
Bottom 7%
7
Strong BuyMaintains$221.00+40.37%2021-09-07
Argus Research
Top 18%
83
Strong BuyMaintains$182.00+15.60%2021-07-14
Jefferies
Top 7%
94
Strong BuyMaintains$200.00+27.03%2021-06-25
Stifel Nicolaus
Top 7%
94
Strong BuyMaintains$213.00+35.29%2021-06-25
Cowen & Co.
Top 10%
91
BuyMaintains$181.00+14.96%2021-06-25
Baird
Top 16%
85
BuyMaintains$192.00+21.95%2021-06-25
Deutsche Bank
Top 5%
96
Strong BuyMaintains$179.00+13.69%2021-06-25
UBS
Top 15%
86
Strong BuyMaintains$185.00+17.51%2021-06-25

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Forecast return on equity

Is NKE forecast to generate an efficient return?
Company
71.12%
Industry
-25.04%
Market
2,556.64%
NKE's Return on Equity is forecast to be high in 3 years (71.12%); 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
24.06%
Industry
17.68%
Market
1,250.14%
NKE is forecast to generate higher Return on Assets (24.06%) than the US Consumer Cyclical industry average (17.68%)
Forecast

NKE earnings per share forecast

What is NKE's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$4.26+17.11%
Avg 2 year Forecast
$5.01+37.76%
Avg 3 year Forecast
$5.74+57.69%
NKE's earnings are forecast to grow at a rate of 16.46% per year, which is not exceptional
Forecast

NKE revenue forecast

What is NKE's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$50.1B+12.39%
Avg 2 year Forecast
$55.1B+23.61%
Avg 3 year Forecast
$59.8B+34.16%
NKE's revenue is forecast to grow at a rate of 10.35% 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
16.46%
Industry
23.42%
Market
18.71%
NKE's earnings are forecast to grow slower (16.46% per year) than the US Consumer Cyclical industry average (23.42%)
Forecast
NKE's earnings are forecast to grow slower (16.46% per year) than the US market average (18.71%)
Forecast
NKE's earnings are forecast to grow faster (16.46% per year) than the risk-free savings rate (1.3%)
Forecast

NKE revenue growth forecast

How is NKE forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
10.35%
Industry
15.9%
Market
12.32%
NKE's revenues are forecast to grow slower (10.35% per year) than the US Consumer Cyclical industry average (15.9%)
Forecast
NKE's revenues are forecast to grow slower (10.35% per year) than the US market average (12.32%)
Forecast

NIKE Stock Forecast FAQ

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

The consensus among 24 Wall Street analysts covering (NYSE: NKE) stock is to Strong Buy NKE stock.

Out of 24 analysts, 12 (50%) are recommending NKE as a Strong Buy, 8 (33.33%) are recommending NKE as a Buy, 4 (16.67%) 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 16.46% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 23.42%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.71%.

NIKE's earnings in 2021 is $5,727,000,000.On average, 11 Wall Street analysts forecast NKE's earnings for 2022 to be $6,742,744,078, with the lowest NKE earnings forecast at $6,263,932,847, and the highest NKE earnings forecast at $7,086,469,484. On average, 9 Wall Street analysts forecast NKE's earnings for 2023 to be $7,931,784,058, with the lowest NKE earnings forecast at $7,640,099,912, and the highest NKE earnings forecast at $8,446,818,536.

In 2024, NKE is forecast to generate $9,079,539,026 in earnings, with the lowest earnings forecast at $8,826,450,830 and the highest earnings forecast at $9,411,717,283.

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

(NYSE: NKE) NIKE's forecast annual revenue growth rate of 10.35% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 15.9%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.32%.

NIKE's revenue in 2021 is $44,538,000,000.On average, 8 Wall Street analysts forecast NKE's revenue for 2022 to be $79,181,299,494,600, with the lowest NKE revenue forecast at $78,076,601,155,783, and the highest NKE revenue forecast at $81,072,058,133,672. On average, 8 Wall Street analysts forecast NKE's revenue for 2023 to be $87,082,659,187,484, with the lowest NKE revenue forecast at $85,803,225,594,656, and the highest NKE revenue forecast at $87,965,547,867,864.

In 2024, NKE is forecast to generate $94,516,060,388,060 in revenue, with the lowest revenue forecast at $94,030,173,760,680 and the highest revenue forecast at $94,969,004,423,148.

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

(NYSE: NKE) forecast ROA is 24.06%, which is higher than the forecast US Consumer Cyclical industry average of 17.68%.

What is NKE's Price Target?

According to 22 Wall Street analysts that have issued a 1 year NKE price target, the average NKE price target is $178.36, with the highest NKE stock price forecast at $221.00 and the lowest NKE stock price forecast at $140.00.

On average, Wall Street analysts predict that NIKE's share price could stay at $178.36 by Sep 20, 2022. The average NIKE stock price prediction forecasts a potential downside of N/A from the current NKE share price of $157.44.

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

(NYSE: NKE) NIKE's current Earnings Per Share (EPS) is $3.64. On average, analysts forecast that NKE's EPS will be $4.26 for 2022, with the lowest EPS forecast at $3.96, and the highest EPS forecast at $4.48. On average, analysts forecast that NKE's EPS will be $5.01 for 2023, with the lowest EPS forecast at $4.83, and the highest EPS forecast at $5.34. In 2024, NKE's EPS is forecast to hit $5.74 (min: $5.58, max: $5.95).

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

(NYSE: NKE) forecast ROE is 71.12%, which is considered strong.
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