NIKE’s (NKE) Buy Rating Reiterated at Guggenheim

Posted by George Bondi on Oct 25th, 2026

Guggenheim restated their buy rating on shares of NIKE (NYSE:NKE – Free Report) in a research note issued to investors on Thursday,Benzinga reports. Guggenheim currently has a $50.00 price objective on the footwear maker’s stock.

A number of other equities research analysts have also recently commented on NKE. Sanford C. Bernstein restated an “outperform” rating and issued a $45.00 price target on shares of NIKE in a report on Friday, October 2nd. Wells Fargo & Company set a $30.00 price target on shares of NIKE and gave the company an “equal weight” rating in a research note on Friday, October 2nd. KeyCorp reiterated a “sector weight” rating on shares of NIKE in a report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $33.00 price objective on shares of NIKE in a research report on Friday, October 9th. Finally, Rothschild & Co Redburn cut their price objective on shares of NIKE from $45.00 to $37.00 and set a “sell” rating on the stock in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twenty-one have assigned a Hold rating and eleven have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $40.93.

Check Out Our Latest Stock Report on NKE

NIKE Price Performance

Shares of NKE opened at $37.31 on Thursday. NIKE has a 52-week low of $31.97 and a 52-week high of $70.44. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 2.07. The business’s 50 day moving average price is $37.12 and its two-hundred day moving average price is $41.28. The firm has a market cap of $55.42 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 4.37 and a beta of 1.09.

NIKE (NYSE:NKE – Get Free Report) last posted its quarterly earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The firm had revenue of $11.21 billion for the quarter, compared to analysts’ expectations of $11.32 billion. NIKE had a return on equity of 15.94% and a net margin of 6.74%. The company’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.49 EPS. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. On average, equities analysts anticipate that NIKE will post 1.22 EPS for the current year.

NIKE Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 1st were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Tuesday, September 1st. NIKE’s dividend payout ratio (DPR) is currently 78.85%.

Insider Buying and Selling at NIKE

In other NIKE news, COO Venkatesh Alagirisamy sold 3,671 shares of the company’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total transaction of $137,992.89. Following the transaction, the chief operating officer owned 104,862 shares in the company, valued at approximately $3,941,762.58. This represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amy Montagne sold 4,867 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $42.05, for a total transaction of $204,657.35. Following the transaction, the insider owned 57,436 shares in the company, valued at approximately $2,415,183.80. The trade was a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 14,974 shares of company stock worth $600,126. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On NIKE

Several hedge funds and other institutional investors have recently made changes to their positions in the business. FAS Wealth Partners Inc. raised its holdings in shares of NIKE by 4.2% in the 1st quarter. FAS Wealth Partners Inc. now owns 6,109 shares of the footwear maker’s stock worth $323,000 after acquiring an additional 249 shares during the last quarter. Elevation Wealth Partners LLC increased its holdings in NIKE by 34.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 989 shares of the footwear maker’s stock worth $41,000 after purchasing an additional 254 shares in the last quarter. Midwest Professional Planners LTD. increased its holdings in NIKE by 1.5% during the 1st quarter. Midwest Professional Planners LTD. now owns 17,904 shares of the footwear maker’s stock worth $946,000 after purchasing an additional 266 shares in the last quarter. Advance Capital Management Inc. increased its holdings in NIKE by 7.1% during the 1st quarter. Advance Capital Management Inc. now owns 4,203 shares of the footwear maker’s stock worth $222,000 after purchasing an additional 279 shares in the last quarter. Finally, Elmwood Wealth Management Inc. increased its holdings in NIKE by 2.7% during the 2nd quarter. Elmwood Wealth Management Inc. now owns 10,666 shares of the footwear maker’s stock worth $438,000 after purchasing an additional 279 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

More NIKE News

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Guggenheim and BTIG Research reaffirmed Buy ratings and $50 price targets, implying substantial upside from current levels. Barclays also raised its target to $45 and said the shares may be near a bottom. Guggenheim rating Barclays raises Nike price target
Positive Sentiment: Investors continue to look for evidence that Nike’s brand reset is gaining traction. Recent quarterly earnings exceeded EPS expectations, while rebuilding wholesale relationships and managing inventory could support a longer-term recovery. Nike turnaround article
Positive Sentiment: Nike plans to bring back a popular retro lifestyle shoe next year, a move that could provide incremental support for consumer interest and its lifestyle business. Nike retro shoe return
Neutral Sentiment: Nike will hold an Investor Day on November 16–17, with key presentations webcast on November 17. Investors may look for updated targets and details on the turnaround strategy. Nike 2026 Investor Day webcast
Negative Sentiment: Wolfe Research initiated coverage with an Underperform rating and a $28 price target, citing roughly 25% potential downside. The sharply lower target adds to investor concerns about the pace of earnings recovery.
Negative Sentiment: A sector-wide retail selloff pushed athletic-apparel stocks lower, with Nike declining alongside Lululemon and Under Armour. This indicates broader concerns about discretionary consumer demand, not solely company-specific weakness. Athletic apparel stock selloff
Negative Sentiment: Analysts remain concerned about slowing digital sales, weaker direct-to-consumer performance in Greater China, ongoing sales declines and continued competitive pressure in China. UBS maintained a Neutral rating, underscoring uncertainty over the recovery timeline. Nike digital sales slowdown

About NIKE

(Get Free Report)

NIKE, Inc is a global athletic footwear, apparel, equipment and accessories company headquartered near Beaverton, Oregon. The company designs, develops, markets and sells products under the Nike, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE’s product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.