Nike (NKE) is rated Strong Buy, with a $85 price target, reflecting a 33% upside and 2.6% dividend yield. The 'Win Now' turnaround is delivering: Q2 FY2026 EPS beat. The "Win Now" turnaround is delivering: Q2 FY2026 EPS beat by 43%, wholesale revenues up 8%, running category up 20%+ for two quarters. Gross margin compression is driven by $1.5B annual tariffs and inventory liquidation, but these are short-term; margin recovery is expected as mitigation takes effect.
Besides Wall Street's top-and-bottom-line estimates for Nike (NKE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended February 2026.
Zacks.com users have recently been watching Nike (NKE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Nike Inc (NYSE:NKE, XETRA:NKE) has earned a repeat ‘Buy' rating from Bank of America analysts ahead of its third quarter earnings report, with the firm expecting the company's North American business to show continued progress even amid global headwinds. The analysts noted “continued progress in NA gives us increased confidence in Nike's turnaround potential globally,” even as challenges persist in China and gross margin pressures mount.
On Holding appointed co-founders David Allemann and Caspar Coppetti as co-CEOs of the Swiss sneaker maker. They are replacing Martin Hoffmann, who served as CEO for the past five years and will stay on as an advisor until 2027.
Nike (NKE) closed the most recent trading day at $53.49, moving +1.48% from the previous trading session.
Nike stock price has crashed to an important support level, and technicals suggest that it may drop further in the coming weeks or months. NKE has dropped in the last five consecutive weeks, reaching its lowest level since April 15 last year.
Conflict in the Middle East has disrupted shipping lanes and caused oil prices to spike, raising the risk of ripple effects that hit stock portfolios halfway around the world.
California Public Employees Retirement System lifted its position in shares of NIKE, Inc. (NYSE: NKE) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,354,319 shares of the footwear maker's stock after acquiring an additional 58,655
Ameriprise Financial Inc. increased its stake in shares of NIKE, Inc. (NYSE: NKE) by 6.2% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,212,952 shares of the footwear maker's stock after buying an additional 363,316 shares during the quarter. Ameriprise
BNP Paribas decreased its stake in NIKE, Inc. (NYSE: NKE) by 34.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,255 shares of the footwear maker's stock after selling 14,086 shares during the quarter. BNP Paribas' holdings in NIKE were worth $1,829,000
Aristides Capital LLC trimmed its position in shares of NIKE, Inc. (NYSE: NKE) by 50.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,500 shares of the footwear maker's stock after selling 22,500 shares during the quarter. Aristides Capital LLC's holdings