Prediction of Wall Street Expert Estimates for Nike's Shares
Nike's Stock Outlook for 2026: Optimistic with Significant Growth Potential
Nike's stock performance for the rest of 2026 is looking optimistic, according to analysts. Despite a challenging Q4 with a 12% year-over-year drop in revenues to $11.1 billion and an 85.9% plunge in EPS to $0.14, the company managed to surpass consensus estimates by 3.6% and 16.7%, respectively [1].
Analysts forecast that Nike's stock price could rally to between $85 and $90 in 2026, reflecting recovery from recent inventory and demand issues, if macroeconomic conditions remain stable [1].
JPMorgan analyst Matthew Boss upgraded Nike’s stock to overweight and raised the price target to $93 per share, projecting earnings growth in the high teens to 20% annually over the next five years [2][4]. He highlights accelerating global wholesale momentum, inventory alignment to support sales growth expected to complete by mid-2026, and trends suggesting stronger average selling prices and margins improvement.
Nike’s EPS is expected to rebound after a dip in 2026, with a roughly 12% EPS compound annual growth rate (CAGR) forecast from 2025 to 2028, supporting steady dividend growth and long-term brand strength [3]. This makes Nike an attractive pick for investors seeking a balance of income and growth.
Some forecasts are even more bullish, with predictions that Nike's stock could reach around $102 to $125 by the end of 2026, representing a gain of roughly 36% from current levels [5].
However, there are risks related to margin compression, competitive pressures, and global demand softness that could temper gains. Nevertheless, the consensus among leading analysts remains broadly positive for Nike through 2026, especially if the company successfully resolves its inventory challenges and leverages digital growth and international market opportunities [1][3].
Nike, Inc., based in Beaverton, Oregon, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services. Its operations span over 190 countries across the Americas, EMEA, and the Indo-Pacific.
Over the past year, Nike has underperformed the broader market, with a 1.1% uptick over the past 52 weeks and a 1.1% dip on a YTD basis. However, over the past three months, NKE stock has surged 27.7%. Despite this, it has lagged behind the Consumer Discretionary Select Sector SPDR Fund's (XLY) 24.1% gains over the past 52 weeks, but slightly outperformed XLY's 2.6% dip in 2025.
Nike's stock prices soared 15.2% in a single trading session following the release of its better-than-expected Q4 results on Jun. 26. As of the publication date, of the 35 analysts covering the NKE stock, opinions include 14 "Strong Buys," three "Moderate Buys," 16 "Holds," and two "Strong Sells." The stock has a consensus "Moderate Buy" rating overall. Analysts expect NKE to deliver an EPS of $1.69 for the full fiscal 2026, a 21.8% year-over-year decrease. The mean price target of $78.09 suggests a modest 4.4% upside potential.
All information and data in the article is solely for informational purposes. Aditya Sarawgi did not have positions in any of the securities mentioned in the article at the time of publication.
[1] Nike Stock Forecast for 2026: Analysts' Expectations and Price Targets
[2] JPMorgan Upgrades Nike to Overweight, Raises Price Target to $93
[3] Nike Stock: A Solid Pick for Investors Seeking a Balance of Income and Growth
[4] Nike Stock Price Target: Analysts' Predictions and Price Targets
[5] Nike Stock Price Prediction: Analysts' Bullish Outlook for 2026
The optimistic outlook for Nike's stock in 2026 indicates potential business growth, making it an attractive investment opportunity in the finance sector. Analysts predict that technology advancements in Nike's operations could further enhance the company's profitability and margin improvement, supporting the bullish stock price projections.
