Wells Fargo upgraded Nike Inc (NKE) to Overweight from Equal-Weight on November 12, 2025. The current share price stands at $66.03.
This upgrade reflects a more optimistic outlook on Nike's prospects, suggesting improved fundamentals or confidence in the company's strategic direction. Analyst ratings and price targets offer professional insights based on research, but they are not guarantees of future performance.
Nike Inc operates in the Textiles, Apparel & Luxury Goods industry, focusing on athletic footwear, apparel, and accessories. Headquartered in Beaverton, Oregon, the company employs 77,800 full-time workers and has a market capitalization of $96.1 billion. As of November 13, 2025, Nike's P/E ratio is 33.20, with an EPS of 1.95 and a dividend yield of 249.2%.
Upcoming earnings are scheduled for June 23, 2026, with an EPS estimate of $0.35 and revenue expected at $11.6 billion. The latest earnings report for Q1 2026 showed an EPS of $0.49, surpassing estimates by 78.1%.
Analyst consensus indicates 10 Strong Buy, 15 Buy, 17 Hold, and 2 Sell ratings, reflecting a general positive sentiment toward the stock. Recent actions include upgrades from BTIG and Keybanc, indicating a trend of increasing confidence in Nike's performance.