Telsey Advisory Group Cuts NIKE (NYSE:NKE) Price Target to $65.00

NIKE (NYSE:NKE) had its target price cut by Telsey Advisory Group from $72.00 to $65.00 in a research note issued to investors on Wednesday morning, Marketbeat.com reports. They currently have a market perform rating on the footwear maker’s stock.

A number of other equities analysts have also commented on the stock. Berenberg Bank reaffirmed a “neutral” rating and set a $70.00 target price on shares of NIKE in a research report on Friday, December 19th. Raymond James Financial reiterated a “market perform” rating on shares of NIKE in a report on Monday, December 15th. Sanford C. Bernstein reissued a “buy” rating on shares of NIKE in a research note on Thursday, March 5th. Argus reduced their price objective on NIKE from $85.00 to $70.00 in a report on Tuesday, December 23rd. Finally, Guggenheim reaffirmed a “buy” rating on shares of NIKE in a research report on Wednesday, December 31st. Twenty-two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, NIKE presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.20.

NIKE Trading Down 1.3%

NKE stock opened at $51.37 on Wednesday. NIKE has a 12 month low of $51.20 and a 12 month high of $80.17. The firm’s 50-day moving average is $60.16 and its 200 day moving average is $64.10. The company has a market capitalization of $76.05 billion, a PE ratio of 30.22, a P/E/G ratio of 2.74 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s dividend payout ratio (DPR) is presently 96.47%.

Insider Buying and Selling

In other NIKE news, CEO Elliott Hill acquired 16,388 shares of NIKE stock in a transaction that occurred on Monday, December 29th. The stock was bought at an average price of $61.10 per share, with a total value of $1,001,306.80. Following the completion of the purchase, the chief executive officer directly owned 241,587 shares of the company’s stock, valued at approximately $14,760,965.70. This represents a 7.28% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Financial Management LLC bought a new stake in NIKE during the fourth quarter valued at about $26,000. Sankala Group LLC bought a new position in NIKE in the fourth quarter worth about $26,000. J.Safra Asset Management Corp purchased a new stake in shares of NIKE during the fourth quarter valued at about $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of NIKE during the fourth quarter valued at about $30,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of NIKE during the second quarter valued at about $31,000. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Evercore ISI reiterates a Buy, saying China weakness looks priced in and that stabilizing demand plus innovation could support a re‑rating. Nike: China Weakness Priced In, Stabilizing Demand and Innovation Set Up Re‑Rating Potential
• Positive Sentiment: Williams Trading maintains a Buy and a $80 price target, citing strengthening global trends and product momentum that could drive above‑consensus FY27 earnings. Nike Buy Rating Backed by Strengthening Global Trends and Product Momentum Driving Above-Consensus FY27 Earnings
• Positive Sentiment: High‑profile investor commentary (Jim Cramer) expressed confidence that the stock can recover toward ~$70, giving sentiment support to buyers who focus on a turnaround narrative. Jim Cramer on NIKE: “I Think We’ll See $70 for That Stock”
• Positive Sentiment: Longer‑term bulls point to the “Win Now” turnaround showing early signs (recent EPS beats, category momentum) and give larger upside targets ($85 in one note). Nike At 5-Year Lows: Why The Turnaround Is Already Working
• Neutral Sentiment: Nike launched a World Cup collection made from textile waste — a positive brand/ESG play but uncertain near‑term revenue impact. Nike’s World Cup Textile Waste Line Tests Turnaround And Valuation Story
• Neutral Sentiment: Multiple previews (Zacks, Market commentary) flag key metrics investors should watch in the Q3 release (revenue growth, gross margin and China trends); history of earnings beats adds some confidence but not certainty. Stay Ahead of the Game With Nike (NKE) Q3 Earnings: Wall Street’s Insights on Key Metrics
• Negative Sentiment: Investopedia and other outlets warn of high post‑earnings volatility; some traders expect a sharp move and the potential for the stock to retest multi‑year lows if results disappoint. Here’s How Much Nike Stock Is Expected to Move After Earnings Tuesday
• Negative Sentiment: Analyst pushback: Telsey cut its price target to $65 and Erste trimmed FY2026 EPS expectations — both amplify downside risk if results miss hopes. Telsey Advisory Group Lowers NIKE (NYSE:NKE) Price Target to $65.00 MarketBeat – NIKE Report
• Negative Sentiment: China remains the key risk: coverage notes that improvement is uneven and markets are pricing some weakness, leaving limited margin for error in the release. Nike Stock Struggles Mightily As Wall Street Eyes Earnings, China Progress

About NIKE

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).