Nike Stock Target Price and Analyst Consensus
| NKE Stock | USD 94.64 0.62 0.66% |
The prevalent analyst and expert consensus on Nike is Buy with 18 strong buy estimates. The prevailing projected target price is 112.58 with 39 professional opinions. Some of the most common ways Nike Inc analysts use to provide public buy-or-sell recommendation are financial statements evaluation and conference calls analysis. They also talk to Nike executives, vendors, and customers. Nike buy-or-sell recommendation and consensus module provides average expert sentiment on the projected Nike Inc target price to derive its highest and lowest estimates based on target price volatility of 0.0. Check out Macroaxis Advice on Nike to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 102.45 | Highest Forecast 124.96 | Target Price 112.58 |
Nike |
It's important to approach Nike's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Nike Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nike target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Nike's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 39 | Buy |
Most Nike analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Nike stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Nike Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNike Target Price Projection
Nike's current and average target prices are 94.64 and 112.58, respectively. The current price of Nike is the price at which Nike Inc is currently trading. On the other hand, Nike's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Nike Target Price
Nike Analyst Ratings
Nike's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Nike stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Nike's financials, market performance, and future outlook by experienced professionals. Nike's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Nike price targets
Nike's stock target price is an estimate of its future price, usually made by analysts. Using Nike's target price to determine if it is a suitable investment can be done through the following steps:- Look at Nike's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Nike's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Nike Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Nike is a key component of Nike valuation and have some predictive power on the future returns of a Nike.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nike's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
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Check out Macroaxis Advice on Nike to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Nike Stock analysis
When running Nike's price analysis, check to measure Nike's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nike is operating at the current time. Most of Nike's value examination focuses on studying past and present price action to predict the probability of Nike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nike's price. Additionally, you may evaluate how the addition of Nike to your portfolios can decrease your overall portfolio volatility.
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The data published in Nike's official financial statements usually reflect Nike's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Nike Inc. For example, before you start analyzing numbers published by Nike accountants, it's critical to develop an understanding of what Nike's liquidity, profitability, and earnings quality are in the context of the Textiles, Apparel & Luxury Goods space in which it operates.
Please note, the presentation of Nike's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nike's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Nike's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nike Inc. Please utilize our Beneish M Score to check the likelihood of Nike's management manipulating its earnings.