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

Key Points

• Zacks Research has reduced NIKE's Q2 2026 earnings per share estimate to $0.37, down from $0.50, while maintaining a "Hold" rating on the stock.
• Analysts have varying opinions on NIKE, with price targets ranging from $78.00 to $90.00 and an overall consensus rating of "Moderate Buy."
• NIKE's recent quarterly earnings reported a $0.49 EPS, surpassing estimates, with a revenue of $11.72 billion, reflecting a 1.0% year-over-year increase.

NIKE, Inc. (NYSE:NKE - Free Report) - Equities researchers at Zacks Research cut their Q2 2026 earnings per share (EPS) estimates for NIKE in a report issued on Tuesday, October 14th. Zacks Research analyst Team now forecasts that the footwear maker will post earnings of $0.37 per share for the quarter, down from their prior forecast of $0.50. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for NIKE's current full-year earnings is $2.05 per share. Zacks Research also issued estimates for NIKE's Q3 2026 earnings at $0.46 EPS, Q4 2026 earnings at $0.31 EPS, FY2026 earnings at $1.63 EPS, Q1 2027 earnings at $0.70 EPS, Q2 2027 earnings at $0.67 EPS, Q4 2027 earnings at $0.41 EPS, FY2027 earnings at $2.45 EPS and FY2028 earnings at $3.12 EPS.

A number of other equities analysts have also weighed in on the company. Sanford C. Bernstein reissued a "buy" rating and set a $90.00 price objective on shares of NIKE in a research note on Monday. Needham & Company LLC reissued a "buy" rating and set a $78.00 price objective on shares of NIKE in a research note on Wednesday, October 1st. Hsbc Global Res raised NIKE from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Citigroup raised NIKE from a "neutral" rating to a "positive" rating in a research note on Friday, September 19th. Finally, Bank of America upped their price target on NIKE from $80.00 to $84.00 and gave the company a "buy" rating in a research note on Friday, June 27th. Three analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $82.21.

NIKE Stock Performance

NYSE NKE opened at $67.67 on Wednesday. The stock's fifty day moving average is $73.52 and its two-hundred day moving average is $67.33. The firm has a market capitalization of $100.03 billion, a P/E ratio of 34.70, a price-to-earnings-growth ratio of 2.48 and a beta of 1.29. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.45 and a current ratio of 2.19. NIKE has a fifty-two week low of $52.28 and a fifty-two week high of $84.76.

NIKE (NYSE:NKE - Get Free Report) last issued its quarterly earnings results on Tuesday, September 30th. The footwear maker reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.22. The firm had revenue of $11.72 billion for the quarter, compared to analyst estimates of $10.96 billion. NIKE had a return on equity of 21.16% and a net margin of 6.23%.The business's revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.70 earnings per share.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 2nd were issued a $0.40 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. NIKE's dividend payout ratio is presently 82.05%.

Insider Transactions at NIKE

In related news, EVP Treasure Heinle sold 4,300 shares of the firm's stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $71.27, for a total transaction of $306,461.00. Following the transaction, the executive vice president owned 29,396 shares in the company, valued at $2,095,052.92. This trade represents a 12.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Mark G. Parker sold 86,078 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $75.93, for a total value of $6,535,902.54. Following the transaction, the chairman owned 744,988 shares in the company, valued at $56,566,938.84. This represents a 10.36% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.80% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Precedent Wealth Partners LLC grew its stake in NIKE by 10.9% during the 3rd quarter. Precedent Wealth Partners LLC now owns 20,565 shares of the footwear maker's stock worth $1,434,000 after buying an additional 2,025 shares during the last quarter. HBK Sorce Advisory LLC grew its stake in NIKE by 14.1% during the 3rd quarter. HBK Sorce Advisory LLC now owns 10,028 shares of the footwear maker's stock worth $693,000 after buying an additional 1,237 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in NIKE by 697.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker's stock worth $15,960,000 after buying an additional 200,187 shares during the last quarter. Somerset Trust Co grew its stake in NIKE by 2.0% during the 3rd quarter. Somerset Trust Co now owns 23,955 shares of the footwear maker's stock worth $1,670,000 after buying an additional 477 shares during the last quarter. Finally, Builder Investment Group Inc. ADV grew its stake in NIKE by 50.0% during the 3rd quarter. Builder Investment Group Inc. ADV now owns 4,500 shares of the footwear maker's stock worth $314,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company's stock.

NIKE Company Profile

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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