Nike, Inc. (NKE) Stock Forecast & Predictions

Nike, Inc. - Class B NKE: $129.18

1 SW Bowerman Dr, Beaverton, Oregon, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://about.nike.com/

  • Market Cap$203.92B
  • Change (52 Weeks)47.62%
  • Low (52 Weeks)$83.38
  • Nike, Inc. (NKE) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 31.25% on Sell, and 43.75% Neutral.

    According to the market data, Nike, Inc. (NKE) stock price is $129.18 and the 52 weeks low is $83.38, which means the Nike, Inc. stock price is up 47.62% in the last 12 months.

    Nike, Inc. (NKE) Stock Price has been Trending Strongly with an ADX reading of 26.15 as per the Weekly Chart.

    A Upward trend indicates that Nike, Inc. (NKE) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that NKE Stock price might rise further, 31.25% indicating that NKE Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall NKE stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Nike, Inc. (NKE) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Nike, Inc. (NKE) is based on 40 Institutional Analyst Ratings where 57.50% are on Strong Buy, 30.00% on Moderate Buy, 10.00% remains on Hold, 2.50% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 40 Institutional Analysts, majority recommended NKE stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Nike, Inc..

    Nike, Inc. (NKE) Stock Price Prediction By Analysts


    HighLowAverage
    $198.45$119.18$167.26
    $167.2629.48% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for NKE set by the institutional analysts is $167.26 where High Estimate is $198.45, Median $168.3 and Low $119.18.

    The average price target for NKE by Institutional Analysts is $167.26, which is 29.48% Upside from the current price. So according to the Institutional Analysts, NKE Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Nike, Inc. (NKE) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with NKE stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about NKE and holding their positions hoping for a further rise in the stock price and more profit.

    Nike, Inc. (NKE) Stock Forecast Based on News Sentiment


    Bearish
    Based on 52 articles published Last Week, where 28.57% are Bullish and 71.43% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked negatively about NKE, it shows that Nike, Inc. had a 71.43% negative news coverage.

    Negative news coverage usually affects short-term price of a stock, so this negative coverage provides an indication that NKE stock price may go down in the next few weeks.

    Nike, Inc. (NKE) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    UBSBuyMaintained
    CitigroupNeutralDowngraded
    HSBCBuyMaintained
    BairdOutperformUpgraded
    RBC CapitalOutperformMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    Cowen & Co.OutperformMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyOverweightMaintained
    HSBCBuyUpgraded
    KeyBancOverweightMaintained
    Raymond JamesOutperformMaintained
    NeedhamBuyMaintained
    Credit SuisseOutperformMaintained
    KeyBancOverweightInitiated
    Morgan StanleyOverweightMaintained
    RBC CapitalOutperformInitiated
    Wells FargoOverweightMaintained
    StifelBuyMaintained
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyUpgraded
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    BTIGBuyMaintained
    B of A SecuritiesBuyMaintained
    BairdNeutralMaintained
    Raymond JamesOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    BTIGBuyMaintained
    WedbushOutperformMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoOverweightMaintained
    UBSBuyMaintained
    JefferiesHoldMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    SusquehannaPositiveMaintained
    NeedhamBuyMaintained
    UBSBuyMaintained
    Piper SandlerOverweightMaintained
    JP MorganOverweightMaintained
    BairdNeutralMaintained
    Raymond JamesOutperformMaintained
    Cowen & Co.OutperformMaintained
    BTIGBuyInitiated
    Wells FargoOverweightUpgraded
    Morgan StanleyOverweightMaintained
    WedbushOutperformReiterated
    UBSBuyMaintained
    Raymond JamesOutperformMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    NeedhamBuyMaintained
    B of A SecuritiesBuyUpgraded
    Wells FargoEqual-WeightMaintained
    Deutsche BankHoldDowngraded
    UBSBuyMaintained
    Piper SandlerOverweightMaintained
    HSBCHoldDowngraded
    BMO CapitalOutperformInitiated
    UBSBuyUpgraded
    JP MorganOverweightMaintained
    Consumer Edge ResearchOverweightInitiated
    Wells FargoEqual-WeightMaintained
    UBSNeutralMaintained
    SusquehannaPositiveMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    BairdNeutralMaintained
    NeedhamBuyMaintained
    WedbushOutperformMaintained
    Bank of AmericaNeutralReiterated
    Goldman SachsBuyUpgraded
    Morgan StanleyOverweightMaintained
    BarclaysOverweightInitiated
    Raymond JamesOutperformInitiated
    Credit SuisseOutperformMaintained
    Bank of AmericaNeutralUpgraded
    Exane BNP ParibasUnderperformInitiated
    CitigroupBuyMaintained
    Argus ResearchBuyMaintained
    Wells FargoMarket PerformMaintained
    WedbushOutperformReiterated
    UBSNeutralMaintained
    StifelBuyMaintained
    Pivotal ResearchBuyMaintained
    Piper JaffrayOverweightMaintained
    NeedhamBuyMaintained
    GuggenheimBuyMaintained
    Evercore ISI GroupOutperformMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    UBSNeutralMaintained
    GuggenheimBuyMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    UBSNeutralMaintained
    Wells FargoMarket PerformMaintained
    UBSNeutralMaintained
    NomuraBuyMaintained
    Credit SuisseOutperformMaintained
    WedbushOutperformMaintained
    Cowen & Co.OutperformUpgraded
    NeedhamBuyUpgraded
    HSBCBuyUpgraded
    BairdNeutralDowngraded
    Wells FargoMarket PerformMaintained
    UBSNeutralMaintained
    Pivotal ResearchBuyUpgraded
    JP MorganOverweightUpgraded
    BairdOutperformMaintained
    OppenheimerOutperformUpgraded
    HSBCHoldDowngraded
    Morgan StanleyOverweightMaintained
    MacquarieOutperformMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Bank of AmericaUnderperformMaintained
    Stifel NicolausBuyMaintained
    B. Riley FBRNeutralMaintained
    Canaccord GenuityBuyUpgraded
    WedbushOutperformMaintained
    SusquehannaPositiveUpgraded
    PiperJaffrayOverweightUpgraded
    Morgan StanleyOverweightInitiated
    WedbushOutperformMaintained
    Stifel NicolausBuyMaintained
    NomuraBuyMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    Cowen & Co.Market PerformMaintained
    CitigroupBuyMaintained
    Canaccord GenuityHoldMaintained
    B. Riley FBRNeutralMaintained
    Goldman SachsNeutralInitiated
    BuckinghamNeutralDowngraded
    UBSNeutralDowngraded
    BairdOutperformMaintained
    Stifel NicolausBuyMaintained
    WedbushOutperformMaintained
    Wells FargoMarket PerformMaintained
    HSBCBuyUpgraded
    Deutsche BankBuyMaintained
    Canaccord GenuityHoldMaintained
    B. Riley FBRNeutralMaintained
    B. RileyNeutralMaintained
    Credit SuisseOutperformInitiated
    WedbushOutperformUpgraded
    BuckinghamBuyInitiated
    ArgusBuyUpgraded
    HSBCHoldDowngraded
    Goldman SachsNeutralDowngraded
    Pivotal ResearchHoldInitiated
    Wells FargoMarket PerformMaintained
    NomuraBuyMaintained
    Morgan StanleyOverweightMaintained
    Canaccord GenuityHoldMaintained
    Wells FargoMarket PerformMaintained
    SusquehannaNeutralDowngraded
    Raymond JamesOutperformMaintained
    BernsteinOutperformInitiated
    Morgan StanleyOverweightMaintained
    JefferiesHoldDowngraded
    Morgan StanleyOverweightUpgraded
    NeedhamHoldInitiated
    NomuraBuyMaintained
    Raymond JamesOutperformInitiated
    UBSBuyMaintained
    SusquehannaPositiveMaintained
    Deutsche BankBuyMaintained
    JP MorganNeutralDowngraded
    ArgusHoldDowngraded
    CLSAUnderperformInitiated
    Atlantic EquitiesOverweightInitiated
    Cowen & Co.Market PerformDowngraded
    HSBCBuyUpgraded
    WedbushNeutralInitiated
    Bank of AmericaUnderperformDowngraded
    OppenheimerPerformInitiated
    SusquehannaPositiveInitiated
    GuggenheimBuyInitiated
    Wells FargoMarket PerformMaintained
    UBSBuyMaintained
    Telsey Advisory GroupOutperformMaintained
    Stifel NicolausBuyMaintained
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    Goldman SachsBuyMaintained
    FBR CapitalMarket PerformMaintained
    DA DavidsonBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Canaccord GenuityHoldMaintained
    Brean CapitalHoldDowngraded
    BarclaysOverweightMaintained
    Bank of AmericaNeutralMaintained
    BairdOutperformMaintained
    B. Riley FBRNeutralMaintained
    B. RileyNeutralMaintained
    JefferiesBuyMaintained
    B. Riley FBRNeutralMaintained
    B. RileyNeutralMaintained
    PiperJaffrayNeutralDowngraded
    B. Riley FBRNeutralDowngraded
    B. RileyNeutralDowngraded
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    Goldman SachsBuyMaintained
    DA DavidsonBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Canaccord GenuityHoldMaintained
    Brean CapitalBuyMaintained
    BairdOutperformMaintained
    Morgan StanleyEqual-WeightDowngraded
    Bank of AmericaNeutralDowngraded
    Morgan StanleyOverweightMaintained
    JefferiesBuyMaintained
    Goldman SachsBuyMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityHoldMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    MacquarieOutperformMaintained
    Brean CapitalBuyMaintained
    Goldman SachsBuyMaintained
    BB&T CapitalBuyUpgraded
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    FBR CapitalMarket PerformMaintained
    Brean CapitalBuyInitiated
    DA DavidsonBuyUpgraded
    Stifel NicolausBuyMaintained
    PiperJaffrayOverweightMaintained
    MacquarieOutperformMaintained
    JefferiesBuyMaintained
    FBR CapitalMarket PerformMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Buckingham ResearchBuyMaintained
    Bank of AmericaBuyMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    Canaccord GenuityHoldMaintained
    Deutsche BankBuyMaintained
    SusquehannaPositiveUpgraded
    Telsey Advisory GroupOutperformUpgraded
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityHoldMaintained
    Buckingham ResearchBuyMaintained
    SusquehannaNeutralMaintained
    Stifel NicolausBuyMaintained
    JefferiesBuyInitiated
    HSBCHoldDowngraded
    PiperJaffrayOverweightUpgraded
    Deutsche BankBuyMaintained
    BairdOutperformUpgraded
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    UBSBuyMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Canaccord GenuityHoldMaintained
    BarclaysOverweightMaintained
    UBSBuyMaintained
    JP MorganOverweightMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    CitigroupBuyMaintained
    Cowen & Co.OutperformInitiated
    Buckingham ResearchBuyInitiated
    Stifel NicolausBuyMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankBuyMaintained
    BB&T CapitalHoldInitiated
    Sterne AgeeNeutralDowngraded
    Bank of AmericaBuyMaintained
    CitigroupBuyMaintained
    FBR CapitalMarket PerformInitiated
    Credit SuisseOutperformUpgraded
    Stifel NicolausBuyMaintained
    Janney CapitalBuyUpgraded
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    MacquarieOutperformUpgraded
    StifelBuyUpgraded
    Credit SuisseNeutralMaintained
    DA DavidsonNeutralMaintained
    NomuraBuyInitiated
    MacquarieNeutralInitiated
    DA DavidsonNeutralMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightUpgraded
    DA DavidsonNeutralMaintained
    JP MorganOverweightMaintained
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    Stifel NicolausHoldDowngraded
    Sterne AgeeBuyUpgraded
    Deutsche BankBuyMaintained
    PiperJaffrayNeutralMaintained
    Wells FargoOutperformInitiated
    WedbushNeutralMaintained
    DA DavidsonNeutralMaintained
    Deutsche BankBuyInitiated
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Stifel NicolausBuyMaintained
    UBSBuyMaintained
    PiperJaffrayNeutralInitiated
    CitigroupNeutralMaintained
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    ISI GroupStrong BuyMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    Canaccord GenuityHoldMaintained
    Bank of AmericaBuyMaintained
    Stifel NicolausBuyMaintained
    Cowen & Co.OutperformInitiated
    CitigroupBuyUpgraded
    WedbushNeutralInitiated
    JP MorganOverweightUpgraded
    DA DavidsonNeutralMaintained
    Janney CapitalNeutralDowngraded
    ISI GroupBuyMaintained
    DA DavidsonNeutralMaintained
    Canaccord GenuityHoldMaintained
    JP MorganNeutralInitiated
    Stifel NicolausBuyMaintained
    Credit SuisseNeutralMaintained
    CitigroupNeutralMaintained
    Canaccord GenuityHoldMaintained
    CitigroupNeutralDowngraded
    UBSBuyMaintained
    ISI GroupBuyMaintained
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    Sterne AgeeNeutralDowngraded
    JefferiesBuyMaintained
    DA DavidsonNeutralDowngraded
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    Canaccord GenuityHoldMaintained
    BenchmarkBuyMaintained
    DA DavidsonBuyMaintained
    JefferiesBuyMaintained
    McAdams Wright RagenSellDowngraded
    BenchmarkBuyInitiated
    UBSBuyMaintained
    ISI GroupBuyMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityHoldMaintained
    JefferiesBuyMaintained
    AurigaBuyMaintained
    DA DavidsonBuyInitiated
    Stifel NicolausBuyMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightInitiated
    UBSBuyMaintained

    Nike, Inc. (NKE) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.520
    The average consensus EPS for NKE is $0.520 with a high estimate of $0.714 and Low of $0.372 for the period 2021-06-30 and based on 28 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.78$0.62951282020-12-31


    The latest average Earning Per Share Estimate for Nike, Inc. is $0.52, which is lower than NKE's last EPS, $0.78. This means that Analysts are expecting Nike, Inc. to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Nike, Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.78$0.62951282020-12-31
    $0.95$0.47387182020-09-30
    $-0.51$0.067296299999999992020-06-30
    $0.78$0.59571822020-03-31
    $0.7$0.58595150000000012019-12-31
    $0.86$0.70756562019-09-30
    $0.62$0.66570109999999992019-06-30
    $0.68$0.65328822019-03-31
    $0.52$0.46482222018-12-31
    $0.67$0.63249232018-09-30
    $0.69$0.64707672018-06-30
    $0.68$0.53490612018-03-31
    $0.46$0.4077372017-12-31
    $0.57$0.48448692017-09-30
    $0.6$0.50553532017-06-30
    $0.68$0.53173472017-03-31
    $0.5$0.43497672016-12-31
    $0.73$0.56450919999999992016-09-30
    $0.49$0.48487072016-06-30
    $0.55$0.48963792016-03-31
    $0.45$0.43237092015-12-31
    $0.67$0.60134389999999992015-09-30
    $0.49$0.42057412015-06-30
    $0.445$0.426088700000000042015-03-31
    $0.37$0.35406562014-12-31
    $0.545$0.44302642014-09-30
    $0.39$0.3794572014-06-30
    $0.38$0.36344852014-03-31
    $0.295$0.291930400000000032013-12-31
    $0.43$0.39364752013-09-30
    $0.38$0.3755182013-06-30
    $0.365$0.33809752013-03-31
    $0.285$0.252782800000000032012-12-31
    $0.3075$0.283395900000000032012-09-30
    $0.2925$0.34512712012-06-30
    $0.3$0.29416252012-03-31
    $0.25$0.24403622011-12-31
    $0.34$0.30659562011-09-30
    $0.31$0.293324200000000032011-06-30
    $0.27$0.28334542011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).