Nike forecasts surprise sales drop as China weakness hurts turnaround efforts
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Raymond James on Nike (NKE) Earnings: 'Disappointing
April 1, 2026 4:53 AM EDTRaymond James analyst Rick Patel reiterated a Market Perform rating and {REMOVEPT} price target on Nike (NYSE: NKE).
The analyst comments "Nikes F3Q EPS beat on better margins, but revenue was only in line on EMEA softness. Nike guided down not just F4Q but also the rest... More
Nike (NKE) PT Lowered to $90 at Jefferies, 'Patience is Required Here... Work in Progress'
April 1, 2026 4:52 AM EDTJefferies analyst Randal Konik lowered the price target on Nike (NYSE: NKE) to $90.00 (from $110.00) while maintaining a Buy rating.
The analyst comments "NKEs F'3Q was solid where the turnaround starts. North America up 3% and Running up >20%, while GM held at 40.2% despite tariffs. But sell-through remains below plan, Direct was down 7% and EMEA turned down. Net, we are trimming F'26-27 EPS and lowering our PT to $90. Valuation near trough P/S limits downside, but the payoff likely requires patience into F'28. Cleanup Continues and Mgmt is Calling it Out Louder.... More
Nike (NKE) PT Lowered to $67 at Barclays, 'No Quick Fix for a Multi-Year Transformation'
April 1, 2026 4:52 AM EDTBarclays analyst Adrienne Yih lowered the price target on Nike (NYSE: NKE) to $67.00 (from $73.00) while maintaining a Overweight rating.
The analyst comments "NKE's FY3Q26 beat modestly on Sales, GM, while missing on EBIT, and beating on EPS due to a legal settlement. The big new message was the depth and slow speed of a very deliberate Greater China reset, likely to take four quarters to return to growth.... More
Jefferies on Nike (NKE): 'China big surprise as profits grew YoY'
March 31, 2026 4:55 PM EDTJefferies analyst Randal Konik reiterated a Buy rating and $110.00 price target on Nike (NYSE: NKE)
The analyst comments "China big surprise as profits grew YoY signaling last qtr was clearing event. GM% down (due to tariffs) but better than expected as markdowns/full... More
