- Nike (NKE, Financial) faces a potential $1 billion increase in operational costs due to new tariffs.
- Analyst price targets for NKE have an average of $75.43, suggesting a marginal downside of 0.38%.
- GuruFocus estimates project a potential 29.05% upside to a GF Value of $97.72.
Nike Inc. (NKE) is bracing for a substantial hit to its financials amid recent tariff hikes, potentially inflating operational costs by a staggering $1 billion. These tariffs are primarily impacting midsize businesses that rely heavily on imports, posing significant challenges in terms of price hikes and supply chain disruptions, especially within wholesale and retail sectors.
Wall Street Analysts' Insights
Examining the one-year price forecasts presented by 34 analysts, Nike Inc. (NKE, Financial) holds an average target price of $75.43. The projections vary considerably, with a high estimate of $120.00 and a low of $40.00. This average target indicates a slight downside of 0.38% from the current price of $75.72. For more comprehensive estimate data, please visit the Nike Inc (NKE) Forecast page.
Consensus Recommendation and GF Value
Delving into brokerage firm opinions, the consensus recommendation from 40 firms positions Nike Inc. (NKE, Financial) at an average recommendation rating of 2.4, aligning with an "Outperform" status. The recommendation scale ranges from 1 (Strong Buy) to 5 (Sell).
According to GuruFocus estimates, the projected GF Value for Nike Inc. (NKE, Financial) in one year stands at $97.72. This forecast suggests a potential upside of 29.05% from the current price of $75.72. The GF Value represents GuruFocus' fair value estimation, derived from historical trading multiples, past business growth, and anticipated future performance. For further detailed insights, please visit the Nike Inc (NKE) Summary page.
