Nike, Inc. is a global leader in athletic shoes and apparel, focusing on sustainability and sports technology. Despite recent stock declines, Nike has a market cap of $95.48 billion. In Q1 of fiscal 2026, revenues increased by 1% to $11.72 billion, with a gross profit of $4.94 billion. Analysts predict a 23.6% drop in EPS for fiscal 2026 but a 50.3% increase in fiscal 2027. With a consensus “Moderate Buy” rating from Wall Street analysts, Nike has a mean price target of $82.69, indicating a potential 32% upside. Bernstein and RBC Capital both maintain “Buy” ratings on the stock.
Read more at Barchart: Are Wall Street Analysts Bullish on Nike’s Stock?
