Nike Stock Target Price and Analyst Consensus

NKE -  USA Stock  

USD 171.23  2.48  1.47%

The prevalent analyst and expert consensus on Nike is Buy with 17 strong buy estimates. The prevailing projected target price is 176.83 with 23 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 20.11. Additionally, see 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.

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As of August 3, 2021, Gross Profit is expected to decline to about 18.8 B. In addition to that, Profit Margin is expected to decline to 0.11. Nike Total Debt is projected to increase significantly based on the last few years of reporting. The past year's Total Debt was at 12.81 Billion. The current year Debt Non Current is expected to grow to about 13.3 B, whereas Receivables is forecasted to decline to about 3.8 B.

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 analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nike target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions22
Lowered Outlook0
Raized Outlook1
Buy
Most Nike analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nike stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nike Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Nike Target Price Projection

Nike's current and average target prices are 171.23 and 176.83, 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.

Current Price

Nike Market Quote on 3rd of August 2021

Low Price168.49Odds
High Price171.5Odds

171.23

Target Price

Analyst Consensus On Nike Target Price

Low Estimate135.0Odds
High Estimate214.0Odds
Number of Analysts23
Standard Deviation20.11

176.826

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Nike Inc and the information provided on this page.

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.

Average Consensus Estimates

About Nike Target Price Projections

Nike's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Nike Inc and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Nike depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Nike Inc
 2018 2019 2020 2021 (projected)
Long Term Debt to Equity0.381.170.740.79
Interest Coverage98.9833.4426.4227.12

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, frequently view 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. Please use the tools below to analyze the current value of Nike in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
168.92170.95172.98
Details
Intrinsic
Valuation
LowReal ValueHigh
154.11183.04185.07
Details
Naive
Forecast
LowNext ValueHigh
169.00171.03173.06
Details
Earnings
Estimates (9)
LowProjected EPSHigh
3.043.143.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nike. Your research has to be compared to or analyzed against Nike's peers to derive any actionable benefits. When done correctly, Nike's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Nike Inc.

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Additionally, see 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. Note that the Nike Inc information on this page should be used as a complementary analysis to other Nike's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Nike Stock analysis

When running Nike Inc 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 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 Consumer Cyclical 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 to manipulate its earnings.