Equities Analysts Set Expectations for NIKE Q3 Earnings

NIKE, Inc. (NYSE:NKE) – Research analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for NIKE in a research report issued on Monday, January 20th. Zacks Research analyst R. Lohia now forecasts that the footwear maker will post earnings per share of $0.30 for the quarter, down from their previous forecast of $0.31. The consensus estimate for NIKE’s current full-year earnings is $2.10 per share. Zacks Research also issued estimates for NIKE’s Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $2.08 EPS, Q1 2026 earnings at $0.55 EPS, Q3 2026 earnings at $0.45 EPS, Q4 2026 earnings at $0.53 EPS, FY2026 earnings at $2.27 EPS, Q1 2027 earnings at $0.71 EPS and FY2027 earnings at $2.73 EPS.

NIKE (NYSE:NKE) last posted its earnings results on Thursday, December 19th. The footwear maker reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.15. NIKE had a return on equity of 36.99% and a net margin of 9.98%. The firm had revenue of $12.35 billion for the quarter, compared to analysts’ expectations of $12.11 billion. During the same period in the previous year, the firm earned $1.03 earnings per share. The business’s revenue was down 7.7% compared to the same quarter last year.

NKE has been the topic of a number of other research reports. JPMorgan Chase & Co. cut their target price on shares of NIKE from $77.00 to $73.00 and set a “neutral” rating on the stock in a research note on Monday, December 2nd. Bank of America decreased their target price on NIKE from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, December 20th. UBS Group restated a “neutral” rating and set a $73.00 price target on shares of NIKE in a research report on Thursday, December 26th. Morgan Stanley decreased their price objective on NIKE from $80.00 to $74.00 and set an “equal weight” rating for the company in a report on Friday, December 20th. Finally, Piper Sandler raised NIKE from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $72.00 to $90.00 in a research report on Friday, January 10th. Fourteen investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, NIKE currently has an average rating of “Moderate Buy” and a consensus target price of $89.96.

NIKE Stock Up 3.4 %

Shares of NIKE stock opened at $73.22 on Wednesday. The company has a current ratio of 2.22, a quick ratio of 1.51 and a debt-to-equity ratio of 0.57. NIKE has a 12-month low of $70.32 and a 12-month high of $107.43. The company has a market cap of $108.30 billion, a P/E ratio of 22.60, a PEG ratio of 2.25 and a beta of 1.02. The company’s fifty day simple moving average is $75.66 and its two-hundred day simple moving average is $77.92.

NIKE Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 2nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend was Monday, December 2nd. This is a boost from NIKE’s previous quarterly dividend of $0.37. NIKE’s dividend payout ratio (DPR) is currently 49.38%.

Insider Activity

In related news, Director John W. Rogers, Jr. acquired 2,500 shares of the stock in a transaction dated Friday, December 27th. The shares were purchased at an average cost of $76.65 per share, with a total value of $191,625.00. Following the transaction, the director now directly owns 34,403 shares in the company, valued at approximately $2,636,989.95. This represents a 7.84 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On NIKE

Large investors have recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of NIKE by 3.3% during the third quarter. State Street Corp now owns 57,916,789 shares of the footwear maker’s stock valued at $5,140,796,000 after buying an additional 1,862,021 shares during the last quarter. Wellington Management Group LLP increased its holdings in NIKE by 5.1% in the 3rd quarter. Wellington Management Group LLP now owns 27,442,145 shares of the footwear maker’s stock valued at $2,425,886,000 after acquiring an additional 1,343,093 shares during the last quarter. Geode Capital Management LLC increased its holdings in NIKE by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 25,029,380 shares of the footwear maker’s stock valued at $2,204,451,000 after acquiring an additional 251,411 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of NIKE by 5.5% during the 2nd quarter. Legal & General Group Plc now owns 11,049,294 shares of the footwear maker’s stock valued at $832,785,000 after purchasing an additional 571,544 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in shares of NIKE by 6.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,303,182 shares of the footwear maker’s stock valued at $910,801,000 after purchasing an additional 583,207 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

About NIKE

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.