NIKE FY2026 EPS Forecast Lowered by Telsey Advisory Group

Key Points

• The Telsey Advisory Group has lowered Nike's FY2026 earnings per share estimate from $1.70 to $1.66, while maintaining a "Market Perform" rating and a price target of $75.00.
• Nike reported a quarterly earnings per share of $0.49, significantly exceeding the consensus estimate of $0.27, with revenues of $11.72 billion surpassing expectations.
• Multiple analysts have given Nike varying ratings, with a consensus rating of "Moderate Buy" and a target price averaging $81.57.

NIKE, Inc. (NYSE:NKE - Free Report) - Equities researchers at Telsey Advisory Group lowered their FY2026 earnings estimates for shares of NIKE in a research note issued to investors on Wednesday, October 1st. Telsey Advisory Group analyst C. Fernandez now anticipates that the footwear maker will post earnings per share of $1.66 for the year, down from their previous forecast of $1.70. Telsey Advisory Group currently has a "Market Perform" rating and a $75.00 price objective 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 Q4 2026 earnings at $0.36 EPS, Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.62 EPS and Q4 2027 earnings at $0.53 EPS.

NIKE (NYSE:NKE - Get Free Report) last posted its earnings results on Tuesday, September 30th. The footwear maker reported $0.49 EPS for the quarter, topping the consensus estimate of $0.27 by $0.22. NIKE had a net margin of 6.23% and a return on equity of 21.05%. The firm had revenue of $11.72 billion for the quarter, compared to analysts' expectations of $10.96 billion. During the same quarter last year, the firm earned $0.70 EPS. The company's quarterly revenue was up 1.0% compared to the same quarter last year.

Several other equities analysts have also recently commented on the stock. The Goldman Sachs Group set a $85.00 target price on shares of NIKE and gave the stock a "buy" rating in a research report on Thursday, September 25th. Wall Street Zen raised shares of NIKE from a "sell" rating to a "hold" rating in a research report on Saturday, September 6th. Piper Sandler set a $84.00 price target on shares of NIKE and gave the stock an "overweight" rating in a report on Wednesday. Zacks Research raised shares of NIKE from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Finally, Bank of America lifted their price target on shares of NIKE from $80.00 to $84.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $81.57.

NIKE Price Performance

NIKE stock opened at $74.04 on Thursday. NIKE has a 52 week low of $52.28 and a 52 week high of $85.23. The company's 50 day moving average price is $74.73 and its two-hundred day moving average price is $67.31. 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 stock has a market cap of $109.35 billion, a P/E ratio of 37.97, a P/E/G ratio of 2.60 and a beta of 1.29.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NKE. Brighton Jones LLC grew its stake in NIKE by 388.5% in the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker's stock valued at $15,316,000 after buying an additional 160,980 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of NIKE by 109,628.6% in the first quarter. NBC Securities Inc. now owns 7,681 shares of the footwear maker's stock worth $487,000 after purchasing an additional 7,674 shares during the period. Merit Financial Group LLC increased its holdings in shares of NIKE by 26.2% in the first quarter. Merit Financial Group LLC now owns 10,526 shares of the footwear maker's stock worth $668,000 after purchasing an additional 2,187 shares during the period. RFG Advisory LLC increased its holdings in shares of NIKE by 11.6% in the first quarter. RFG Advisory LLC now owns 9,746 shares of the footwear maker's stock worth $619,000 after purchasing an additional 1,011 shares during the period. Finally, Sentry Investment Management LLC increased its holdings in shares of NIKE by 104.4% in the first quarter. Sentry Investment Management LLC now owns 4,021 shares of the footwear maker's stock worth $255,000 after purchasing an additional 2,054 shares during the period. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

NIKE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 2nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Tuesday, September 2nd. NIKE's payout ratio is currently 74.07%.

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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