Summary:
- Nike (NKE, Financial) surpasses fiscal fourth-quarter expectations and plans strategic countermeasures against tariff impacts by 2026.
- Analysts predict an average price target for NKE with a substantial potential upside.
- GuruFocus estimates highlight significant value growth potential based on historical and projected performance.
Nike's Strategic Outlook and Fiscal Performance
Nike Inc. (NKE) has delivered results that surpassed modest expectations in its fiscal fourth quarter, showcasing its robust ability to navigate challenges. The company has unveiled its strategic intent to mitigate a $1 billion tariff impact by fiscal year 2026. This proactive strategy underscores Nike's commitment to sustaining its growth momentum and delivering value to shareholders.
Insight from Wall Street Analysts
According to projections from 35 analysts, Nike Inc (NKE, Financial) is anticipated to reach an average price target of $72.03 within a year. This estimate spans a high of $120.00 and a low of $40.00, reflecting a potential upside of 15.17% from the current share price of $62.54. Investors can explore more thorough estimate data on the Nike Inc (NKE) Forecast page.
The consensus from 41 brokerage firms positions Nike Inc. at an average recommendation of 2.4, suggesting an "Outperform" standing. The recommendation scale ranges from 1, implying a Strong Buy, to 5, indicating a Sell, providing a nuanced view of analyst sentiment.
GuruFocus Valuation Insights
GuruFocus provides an estimated GF Value for Nike Inc. (NKE, Financial) at $96.39 one year from now. This reflects a potential upside of 54.13% from the current price of $62.54. The GF Value metric is GuruFocus' approximation of the stock's fair value, calculated using historical trading multiples, past business growth, and future performance projections. For a deeper insight into Nike's valuation metrics, visit the Nike Inc (NKE) Summary page.