Analysts Set Expectations for NIKE's Q2 Earnings (NYSE:NKE)

Key Points

• The Telsey Advisory Group has raised their Q2 2026 earnings per share estimate for NIKE to $0.53, while the company’s full-year earnings consensus estimate is $2.05 per share.
• Multiple analysts have upgraded their ratings on NIKE, with a significant price target increase from $64.00 to $93.00 by JPMorgan Chase & Co.
• NIKE recently declared a quarterly dividend of $0.40 per share, representing a 2.2% yield and a payout ratio of 74.07%.

NIKE, Inc. (NYSE:NKE - Free Report) - Investment analysts at Telsey Advisory Group upped their Q2 2026 earnings per share estimates for shares of NIKE in a research report issued to clients and investors on Tuesday, September 23rd. Telsey Advisory Group analyst C. Fernandez now expects that the footwear maker will post earnings of $0.53 per share for the quarter, up from their prior forecast of $0.52. Telsey Advisory Group currently has a "Market Perform" rating and a $75.00 price target on the stock. The consensus estimate for NIKE's current full-year earnings is $2.05 per share. Telsey Advisory Group also issued estimates for NIKE's Q3 2026 earnings at $0.53 EPS and Q4 2026 earnings at $0.38 EPS.

Other equities analysts have also recently issued reports about the stock. HSBC upgraded shares of NIKE from a "hold" rating to a "buy" rating and set a $80.00 price target on the stock in a report on Friday, June 27th. Truist Financial lowered their target price on shares of NIKE from $82.00 to $73.00 and set a "buy" rating on the stock in a research note on Tuesday, June 24th. JPMorgan Chase & Co. upgraded shares of NIKE from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $64.00 to $93.00 in a research note on Monday, July 28th. Bank of America raised their price target on shares of NIKE from $80.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Finally, Robert W. Baird lifted their price objective on NIKE from $80.00 to $88.00 and gave the stock an "outperform" rating in a report on Friday, June 27th. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, NIKE currently has an average rating of "Moderate Buy" and an average target price of $79.46.

NIKE Price Performance

Shares of NYSE:NKE opened at $71.21 on Thursday. NIKE has a 12-month low of $52.28 and a 12-month high of $90.62. The company has a market cap of $105.17 billion, a P/E ratio of 32.97, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24. The company has a quick ratio of 1.50, a current ratio of 2.21 and a debt-to-equity ratio of 0.60. The company's fifty day moving average is $75.12 and its two-hundred day moving average is $67.43.

NIKE (NYSE:NKE - Get Free Report) last released its quarterly earnings results on Thursday, June 26th. The footwear maker reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The business had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.69 billion. NIKE had a return on equity of 23.33% and a net margin of 6.95%.NIKE's revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter last year, the company posted $0.99 EPS.

Institutional Trading of NIKE

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stone House Investment Management LLC acquired a new stake in NIKE during the 1st quarter worth $25,000. Mascoma Wealth Management LLC acquired a new position in NIKE in the second quarter valued at about $26,000. Heck Capital Advisors LLC acquired a new stake in shares of NIKE during the fourth quarter worth about $28,000. Halbert Hargrove Global Advisors LLC lifted its stake in NIKE by 952.6% in the second quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker's stock valued at $28,000 after buying an additional 362 shares in the last quarter. Finally, Saudi Central Bank bought a new position in NIKE during the 1st quarter worth about $30,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NIKE

In other news, Chairman Mark G. Parker sold 110,000 shares of the company's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $72.29, for a total transaction of $7,951,900.00. Following the transaction, the chairman directly owned 842,361 shares in the company, valued at approximately $60,894,276.69. This represents a 11.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.80% of the company's stock.

NIKE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Tuesday, September 2nd will be given a dividend of $0.40 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $1.60 annualized dividend and a yield of 2.2%. NIKE's dividend payout ratio is 74.07%.

About NIKE

NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

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