Q1 EPS Estimates for NIKE Decreased by Telsey Advisory Group

NIKE, Inc. (NYSE:NKE) – Telsey Advisory Group lowered their Q1 2026 earnings estimates for NIKE in a note issued to investors on Tuesday, June 17th. Telsey Advisory Group analyst C. Fernandez now forecasts that the footwear maker will earn $0.41 per share for the quarter, down from their prior estimate of $0.42. Telsey Advisory Group currently has a “Market Perform” rating and a $70.00 target price 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 Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.65 EPS and Q4 2026 earnings at $0.36 EPS.

NIKE (NYSE:NKE) last issued its earnings results on Thursday, March 20th. The footwear maker reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.26. NIKE had a net margin of 9.43% and a return on equity of 32.18%. The company had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $11.02 billion. During the same period in the prior year, the business earned $0.98 EPS. The firm’s quarterly revenue was down 9.1% on a year-over-year basis.

NKE has been the topic of several other reports. Stifel Nicolaus dropped their target price on shares of NIKE from $75.00 to $64.00 and set a “hold” rating on the stock in a report on Thursday, April 10th. Citigroup dropped their target price on shares of NIKE from $72.00 to $57.00 and set a “neutral” rating on the stock in a report on Monday, April 28th. Williams Trading dropped their target price on shares of NIKE from $93.00 to $73.00 and set a “buy” rating on the stock in a report on Monday, April 21st. Truist Financial dropped their target price on shares of NIKE from $90.00 to $82.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Finally, China Renaissance started coverage on shares of NIKE in a report on Wednesday, March 19th. They set a “hold” rating on the stock. Seventeen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $79.15.

NIKE Stock Down 0.9%

Shares of NIKE stock opened at $59.47 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.19 and a quick ratio of 1.52. NIKE has a 1 year low of $52.28 and a 1 year high of $98.04. The firm’s 50-day moving average is $59.57 and its two-hundred day moving average is $68.36. The stock has a market cap of $87.96 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 2.11 and a beta of 1.21.

Hedge Funds Weigh In On NIKE

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in NIKE by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 113,151,080 shares of the footwear maker’s stock worth $7,182,831,000 after buying an additional 4,957,494 shares during the last quarter. Wellington Management Group LLP raised its position in NIKE by 24.9% during the 1st quarter. Wellington Management Group LLP now owns 45,383,916 shares of the footwear maker’s stock worth $2,880,971,000 after buying an additional 9,043,180 shares during the last quarter. Goldman Sachs Group Inc. raised its position in NIKE by 344.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 26,698,835 shares of the footwear maker’s stock worth $1,694,842,000 after buying an additional 20,688,013 shares during the last quarter. Geode Capital Management LLC raised its position in NIKE by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 25,376,558 shares of the footwear maker’s stock worth $1,915,110,000 after buying an additional 347,178 shares during the last quarter. Finally, Capital World Investors raised its position in NIKE by 10.3% during the 4th quarter. Capital World Investors now owns 24,545,937 shares of the footwear maker’s stock worth $1,857,389,000 after buying an additional 2,288,627 shares during the last quarter. 64.25% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NIKE

In other NIKE news, Director Robert Holmes Swan purchased 8,600 shares of NIKE stock in a transaction on Friday, April 4th. The stock was bought at an average cost of $58.46 per share, with a total value of $502,756.00. Following the transaction, the director now owns 31,983 shares of the company’s stock, valued at $1,869,726.18. This represents a 36.78% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by insiders.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Monday, June 2nd will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Monday, June 2nd. NIKE’s payout ratio is currently 53.16%.

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.