Nike stock: Deutsche Bank cuts target for Nike stock to USD 33.00

Published on 10/21/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nike reported USD 11.21 billion revenue for fiscal first-quarter 2027. Nike stock costs EUR 33.36 on October 21, 2026, 0.21 percent below the Xetra close.

Analyst target and earnings

Deutsche Bank lowered its Nike target to USD 33.00 on October 9, 2026.
Nike reported USD 11.21 billion in fiscal first-quarter revenue for the period ended August 31, 2026.
Nike stock costs EUR 33.36 at Lang & Schwarz on October 21, 2026 at 5:07 p.m. CEST, 0.21 percent below the Xetra close of EUR 33.43.
The next estimated earnings date is December 17, 2026.

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Deutsche Bank analyst Krisztina Katai lowered the bank's Nike price target to USD 33.00 from USD 37.00 and kept a Hold rating on October 9, 2026, as Markets Insider reported. The target is 11.90 percent below Nike's USD 37.46 NYSE quote at 11:13 a.m. ET on October 21, 2026. At Lang & Schwarz, Nike was trading at EUR 33.36 on October 21, 2026 at 5:07 p.m. CEST, 0.21 percent below the Xetra close of October 21, 2026 at EUR 33.43.

Revenue remains under pressure

Nike's fiscal first-quarter revenue was USD 11.21 billion for the period ended August 31, 2026, compared with analyst estimates of USD 11.32 billion, while revenue declined 4.30 percent from the prior-year quarter, according to MarketBeat. NIKE's investor-relations page reported USD 907.00 million of EBIT and diluted earnings per share of USD 0.48 for the same quarter, compared with USD 0.43 consensus earnings per share in the MarketBeat report.

Stock sits below its yearly high

The NYSE quote was USD 37.46 at 11:13 a.m. ET on October 21, 2026. Nike's 52-week range was USD 31.97 to USD 70.44, placing the quote 46.82 percent below the high and 17.17 percent above the low. Trading volume was 6,894,436 shares at that time, against an average volume of 32,925,970 shares.

Valuation and next date

Nike's market capitalization was USD 55.6 billion and its price-to-earnings ratio was 17.91 on October 21, 2026. The company paid a quarterly dividend of USD 0.41 on October 1, 2026, representing an annualized USD 1.64 per share and a 4.30 percent yield, according to MarketBeat. Portevo lists December 17, 2026 as Nike's next estimated earnings date, while the company's investor-relations calendar records the fiscal first-quarter report on October 1, 2026.

Comparison with peers

Nike: down 0.21 percent versus the Xetra close, P/E 17.91, market capitalization USD 55.6 billion.

adidas: up 1.77 percent, P/E 20.76, market capitalization EUR 28.2 billion.

Puma: up 3.47 percent, P/E minus 8.42, market capitalization EUR 3.7 billion.

Price remains the daily anchor

The euro quotation places Nike below its Xetra closing level, while the USD 33.00 Deutsche Bank target remains below the NYSE quote. That combination leaves the analyst view and the wide 52-week range as the main reference points for investors.

The further course of trading is shown by the continuously updated real-time quote of Nike stock.