- Nike faces significant pressure as tariffs threaten its overseas manufacturing operations.
- Analysts predict an average upside potential of 26.08% for Nike's stock, with a varied range of price targets.
- GuruFocus estimates Nike's GF Value with a potential 54.82% increase from current levels, signifying a strong growth opportunity.
Nike (NKE, Financial) experienced a sharp 9.7% drop in premarket trading, primarily due to escalating tariffs impacting its manufacturing activities in Vietnam and China. The anticipated increase in import duties is expected to weigh heavily on the company's cost structure, creating a wave of concern among investors.
Analyst Predictions and Market Potential
According to projections by 36 analysts, the average one-year price target for Nike Inc (NKE, Financial) stands at $81.90. These forecasts offer a wide range, from a high of $120.00 to a low of $40.00. If realized, the average target would present a substantial upside of 26.08% from the current price of $64.96. For a comprehensive view, visit the Nike Inc (NKE) Forecast page.
Current Analyst Recommendations
The consensus from 40 brokerage firms currently positions Nike Inc (NKE, Financial) at an average brokerage recommendation of 2.4, aligning it with an "Outperform" rating. This scale is measured from 1 (Strong Buy) to 5 (Sell), highlighting a generally positive outlook among analysts.
GuruFocus Value Insights
GuruFocus projects that the GF Value for Nike Inc (NKE, Financial) over the next year is $100.57, indicating a potential upside of 54.82% from the present stock price of $64.96. This GF Value is derived from historical trading multiples, past business growth, and future performance expectations. For more in-depth analysis, explore the Nike Inc (NKE) Summary page.
