From Financial Modeling Prep: 2024-12-11 11:19:00

Baird analysts maintain an Outperform rating for Nike with a $110 price target, foreseeing a strong multi-year recovery despite near-term challenges. Anticipated second-quarter fiscal 2025 guidance factors in e-commerce softness, Greater China issues, and adjustments in Classics footwear category, impacting gross margins. Caution is advised for third-quarter outlook, but long-term growth potential remains promising.

Nike’s leadership prioritizes marketplace health amid retail sector uncertainties. Strategic innovations and focus on long-term growth could lead to a robust fiscal 2026 rebound. Analysts project fiscal 2027 earnings per share to exceed $3.75, highlighting an attractive valuation of 20x forward earnings for patient investors seeking long-term gains.



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