Stifel Nicolaus Cuts NIKE (NYSE:NKE) Price Target to $36.00

Posted by Francis Steltz on Oct 2nd, 2026

NIKE (NYSE:NKE – Get Free Report) had its price target decreased by investment analysts at Stifel Nicolaus from $40.00 to $36.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The brokerage presently has a “hold” rating on the footwear maker’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 2.72% from the company’s current price.

A number of other analysts have also weighed in on the stock. Barclays restated an “overweight” rating and set a $48.00 price objective (down from $52.00) on shares of NIKE in a research note on Wednesday, September 23rd. BMO Capital Markets reaffirmed an “underperform” rating and issued a $25.00 price objective on shares of NIKE in a research note on Friday. Berenberg Bank set a $49.00 target price on NIKE and gave the company a “hold” rating in a research note on Friday, July 3rd. UBS Group set a $42.00 price target on shares of NIKE and gave the stock a “neutral” rating in a research note on Thursday, September 17th. Finally, HSBC cut their price objective on NIKE from $48.00 to $40.00 and set a “hold” rating for the company in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twenty have assigned a Hold rating and eight have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $44.47.

Check Out Our Latest Stock Report on NIKE

NIKE Price Performance

Shares of NIKE stock opened at $35.05 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.96 and a debt-to-equity ratio of 0.40. The firm has a market cap of $51.99 billion, a PE ratio of 16.77, a price-to-earnings-growth ratio of 2.43 and a beta of 1.09. The company’s fifty day simple moving average is $39.04 and its two-hundred day simple moving average is $42.94. NIKE has a 12-month low of $35.02 and a 12-month high of $76.97.

NIKE (NYSE:NKE – Get Free Report) last announced its quarterly earnings results on Thursday, October 1st. The footwear maker reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The company had revenue of $11.21 billion during the quarter, compared to analyst estimates of $11.32 billion. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The firm’s revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.49 earnings per share. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. As a group, equities analysts expect that NIKE will post 1.61 EPS for the current year.

Insider Buying and Selling at NIKE

In other NIKE news, EVP Philip McCartney sold 2,559 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total transaction of $96,192.81. Following the sale, the executive vice president directly owned 78,121 shares of the company’s stock, valued at $2,936,568.39. The trade was a 3.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amy Montagne sold 4,867 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $42.05, for a total value of $204,657.35. Following the sale, the insider directly owned 57,436 shares in the company, valued at $2,415,183.80. The trade was a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 14,974 shares of company stock valued at $600,126 over the last quarter. 1.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NIKE

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Confluence Investment Management LLC raised its holdings in NIKE by 873.8% during the 3rd quarter. Confluence Investment Management LLC now owns 2,720,616 shares of the footwear maker’s stock valued at $96,310,000 after buying an additional 2,441,233 shares during the period. QRG Capital Management Inc. boosted its stake in NIKE by 8.5% during the second quarter. QRG Capital Management Inc. now owns 106,883 shares of the footwear maker’s stock worth $4,388,000 after buying an additional 8,338 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in NIKE by 214.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 32,596 shares of the footwear maker’s stock valued at $1,338,000 after acquiring an additional 22,215 shares during the last quarter. Envestnet Asset Management Inc. increased its position in NIKE by 98.4% during the second quarter. Envestnet Asset Management Inc. now owns 2,202,581 shares of the footwear maker’s stock valued at $90,416,000 after acquiring an additional 1,092,282 shares during the last quarter. Finally, State Street Corp raised its stake in shares of NIKE by 6.8% in the second quarter. State Street Corp now owns 63,598,789 shares of the footwear maker’s stock valued at $2,636,104,000 after acquiring an additional 4,052,428 shares during the period. Hedge funds and other institutional investors own 64.25% of the company’s stock.

More NIKE News

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE reported quarterly EPS of $0.48, ahead of the $0.43 analyst consensus. The company also said its performance-focused business is showing progress, which could support the longer-term recovery. NIKE fiscal 2027 first-quarter results
Positive Sentiment: Demand for Nike’s first Caitlin Clark signature shoe was strong, with the Caitlin 1 nearly selling out shortly after launch, providing a potential product and marketing catalyst. Nike Caitlin Clark shoes

NIKE Company Profile

(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.