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

Analyst price target for NKE

Based on 25 analysts offering 12 month price targets for NIKE Inc.
Min Forecast
$112.00-20.41%
Avg Forecast
$153.16+8.84%
Max Forecast
$176.00+25.07%

Should I buy or sell NKE stock?

Strong Buy
Strong Buy
17 analysts 73.91%
Buy
3 analysts 13.04%
Hold
3 analysts 13.04%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is NKE forecast to generate an efficient return?
Company
74.8%
Industry
123.89%
Market
62.25%
NKE's Return on Equity is forecast to be high in 4 years (74.8%); 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
22.85%
Industry
13.93%
Market
19.66%
NKE is forecast to generate higher Return on Assets (22.85%) than the US Consumer Cyclical industry average (13.93%)
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
$2.96+63.54%
Avg 2 year Forecast
$3.80+110.07%
Avg 3 year Forecast
$4.59+153.59%
NKE's earnings are forecast to grow at an exceptional rate of 36.51% 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
$43.1B+12.72%
Avg 2 year Forecast
$47.8B+24.9%
Avg 3 year Forecast
$52.0B+35.9%
NKE's revenue is forecast to grow at a rate of 10.84% 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
36.51%
Industry
40.25%
Market
20.47%
NKE's earnings are forecast to grow slower (36.51% per year) than the US Consumer Cyclical industry average (40.25%)
Forecast
NKE's earnings are forecast to grow faster (36.51% per year) than the US market average (20.47%)
Forecast
NKE's earnings are forecast to grow faster (36.51% per year) than the risk-free savings rate (1.1%)
Forecast

NKE revenue growth forecast

How is NKE forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
10.84%
Industry
18.1%
Market
14.48%
NKE's revenues are forecast to grow slower (10.84% per year) than the US Consumer Cyclical industry average (18.1%)
Forecast
NKE's revenues are forecast to grow slower (10.84% per year) than the US market average (14.48%)
Forecast

NIKE Stock Forecast FAQ

Is NIKE Stock a good buy in 2020, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NYSE: NKE) stock is to Strong Buy NKE stock.

Out of 23 analysts, 17 (73.91%) are recommending NKE as a Strong Buy, 3 (13.04%) are recommending NKE as a Buy, 3 (13.04%) 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 Price Target?

According to 25 Wall Street analysts that have issued a 1 year NKE price target, the average NKE price target is $153.16, with the highest NKE stock price forecast at $176.00 and the lowest NKE stock price forecast at $112.00.

On average, Wall Street analysts predict that NIKE's share price could reach $153.16 by Jan 7, 2022. The average NIKE stock price prediction forecasts a potential upside of 8.84% from the current NKE share price of $140.72.

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

(NYSE: NKE) NIKE's forecast annual earnings growth rate of 36.51% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 40.25%, and while it is forecast to beat the US market's average forecast earnings growth rate of 20.47%.

NIKE's earnings in 2020 is $2,826,000,000.On average, 13 Wall Street analysts forecast NKE's earnings for 2021 to be $4,646,686,538, with the lowest NKE earnings forecast at $4,317,022,966, and the highest NKE earnings forecast at $4,929,255,314. On average, 13 Wall Street analysts forecast NKE's earnings for 2022 to be $5,968,951,426, with the lowest NKE earnings forecast at $5,415,901,539, and the highest NKE earnings forecast at $6,593,271,439.

In 2023, NKE is forecast to generate $7,205,503,786 in earnings, with the lowest earnings forecast at $6,514,780,112 and the highest earnings forecast at $7,535,167,358.

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

(NYSE: NKE) NIKE's forecast annual revenue growth rate of 10.84% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 18.1%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.

NIKE's revenue in 2020 is $38,254,000,000.On average, 9 Wall Street analysts forecast NKE's revenue for 2021 to be $67,692,084,914,247, with the lowest NKE revenue forecast at $66,375,405,468,306, and the highest NKE revenue forecast at $69,072,367,452,000. On average, 10 Wall Street analysts forecast NKE's revenue for 2022 to be $75,003,595,946,838, with the lowest NKE revenue forecast at $72,772,448,590,281, and the highest NKE revenue forecast at $78,345,332,782,431.

In 2023, NKE is forecast to generate $81,609,868,688,784 in revenue, with the lowest revenue forecast at $78,202,478,567,928 and the highest revenue forecast at $84,772,202,608,533.

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

(NYSE: NKE) NIKE's current Earnings Per Share (EPS) is $1.81. On average, analysts forecast that NKE's EPS will be $2.96 for 2021, with the lowest EPS forecast at $2.75, and the highest EPS forecast at $3.14. On average, analysts forecast that NKE's EPS will be $3.80 for 2022, with the lowest EPS forecast at $3.45, and the highest EPS forecast at $4.20. In 2023, NKE's EPS is forecast to hit $4.59 (min: $4.15, max: $4.80).

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

(NYSE: NKE) forecast ROE is 74.8%, which is considered strong.

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

(NYSE: NKE) forecast ROA is 22.85%, which is higher than the forecast US Consumer Cyclical industry average of 13.93%.
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