Guggenheim has initiated coverage on Nike Inc (NKE) with a Buy rating, marking the firm's first assessment of the company's investment potential. This decision reflects a thorough analysis of Nike's business model, industry dynamics, and growth prospects.
Nike, headquartered in Beaverton, Oregon, operates in the textiles, apparel, and luxury goods sector. The company employs 77,800 full-time staff and generates a market capitalisation of $94.1 billion. It offers a diverse range of athletic footwear, apparel, and equipment, alongside products under the Jordan Brand and Converse.
As of December 9, 2025, Nike's shares are priced at $66.78, with a P/E ratio of 32.51 and an EPS of 1.95. The company also boasts a dividend yield of 258.1%. Upcoming earnings are scheduled for June 24, 2026, with an estimated EPS of $0.32 and revenue of $11.5 billion.
Analyst ratings serve as professional insights derived from extensive research and financial modelling. While they can provide valuable perspectives, these assessments are based on assumptions that may not always hold true. Therefore, investment decisions should consider a variety of factors, including company fundamentals and market conditions, rather than relying solely on analyst opinions.
The current analyst consensus indicates a Buy rating, with 10 Strong Buy, 16 Buy, 16 Hold, and 2 Sell ratings among 44 total assessments. Recent movements in analyst ratings include upgrades from Wells Fargo to Overweight and BTIG to Buy, alongside Guggenheim's recent initiation. Such decisions reflect the evolving outlook on Nike's performance in the market.