Deutsche Bank Aktiengesellschaft Cuts NIKE (NYSE:NKE) Price Target to $37.00

Posted by Stanley Muller on Oct 1st, 2026

NIKE (NYSE:NKE – Free Report) had its price objective cut by Deutsche Bank Aktiengesellschaft from $45.00 to $37.00 in a research note issued to investors on Monday, MarketBeat reports. They currently have a hold rating on the footwear maker’s stock.

Several other analysts also recently issued reports on NKE. Rothschild & Co Redburn reduced their price target on shares of NIKE from $45.00 to $37.00 and set a “sell” rating for the company in a research report on Friday, July 17th. Piper Sandler restated a “neutral” rating and set a $38.00 price objective (down from $45.00) on shares of NIKE in a report on Monday. BNP Paribas Exane reaffirmed an “underperform” rating on shares of NIKE in a research note on Wednesday, July 22nd. Guggenheim reiterated a “buy” rating and set a $60.00 price objective (down from $74.00) on shares of NIKE in a report on Wednesday, July 1st. Finally, DZ Bank reiterated a “buy” rating on shares of NIKE in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twenty-one have issued a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $46.62.

Get Our Latest Stock Analysis on NKE

NIKE Stock Down 1.3%

Shares of NYSE:NKE opened at $35.38 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.96. NIKE has a 52-week low of $35.15 and a 52-week high of $76.97. The business’s 50 day simple moving average is $39.16 and its two-hundred day simple moving average is $43.07. The firm has a market cap of $52.49 billion, a P/E ratio of 16.93, a PEG ratio of 2.02 and a beta of 1.10.

NIKE (NYSE:NKE – Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, beating the consensus estimate of $0.11 by $0.09. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The firm had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s quarterly revenue was down 1.1% on a year-over-year basis. As a group, research analysts forecast that NIKE will post 1.64 EPS for the current fiscal year.

NIKE Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio is presently 78.47%.

Insider Buying and Selling

In other NIKE news, COO Venkatesh Alagirisamy sold 3,671 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total transaction of $137,992.89. Following the transaction, the chief operating officer directly owned 104,862 shares in the company, valued at approximately $3,941,762.58. This trade represents a 3.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew Friend sold 2,463 shares of NIKE stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $102,460.80. Following the transaction, the chief financial officer directly owned 82,165 shares in the company, valued at $3,418,064. This represents a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 14,974 shares of company stock valued at $600,126 in the last 90 days. Insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Westerkirk Capital Inc. increased its position in shares of NIKE by 52.4% during the fourth quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock valued at $8,360,000 after acquiring an additional 45,100 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its position in NIKE by 77.9% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 2,526,179 shares of the footwear maker’s stock worth $160,943,000 after purchasing an additional 1,106,499 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in NIKE by 32.8% in the second quarter. OneDigital Investment Advisors LLC now owns 244,296 shares of the footwear maker’s stock worth $10,028,000 after purchasing an additional 60,375 shares during the last quarter. Deutsche Bank AG boosted its position in NIKE by 8.0% in the second quarter. Deutsche Bank AG now owns 3,566,634 shares of the footwear maker’s stock worth $146,410,000 after purchasing an additional 264,576 shares during the last quarter. Finally, Quantitative Investment Management LLC bought a new position in NIKE in the 2nd quarter valued at $2,459,000. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Record short interest of approximately 87 million shares could provide a potential short squeeze if Nike delivers a substantial earnings or outlook surprise. NKE Ticks Higher Ahead of Q1
Positive Sentiment: Jefferies believes Nike could beat first-quarter expectations, while November’s investor day may provide additional details on the company’s recovery strategy. Jefferies Bets on Nike’s Recovery
Neutral Sentiment: Consensus expectations call for roughly $0.44 in EPS and $11.34 billion in revenue, with investors focused on China sales, margins, inventory, retailer orders, and management’s guidance. Prediction markets imply limited confidence in a strong earnings beat. Nike Stock Seen Sinking Further After Q1 Earnings
Negative Sentiment: Analysts have reduced price targets ahead of the report, including RBC’s cut from $45 to $40, and several expect conservative guidance. The cautious setup reflects weak China demand, intense competition, retailer order pullbacks, and a turnaround viewed as progressing too slowly. Nike Likely to Issue Conservative Guidance
Negative Sentiment: Nike is overhauling its China strategy to reduce discounting and rebuild its premium positioning, but the transition may weigh on near-term sales. Investors also expect year-over-year declines in first-quarter revenue and EPS, keeping downside risk elevated if results or guidance disappoint. Nike Overhauls Its China Strategy

About NIKE

(Get Free Report)

NIKE, Inc is a global sportswear company that designs, develops, markets and sells athletic footwear, apparel, equipment, accessories and related services. Its products are marketed under the NIKE, Jordan and Converse brands and are used across a broad range of sports and lifestyle activities, including running, basketball, football, training and outdoor pursuits.

The company distributes its products through a combination of wholesale partners, NIKE-owned retail stores and digital platforms.