Nike stock faces a Hold consensus after its fiscal 2027 warning
Published on 10/04/2026 at 12:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nike stock (ISIN US6541061031) closed at USD 33.87 on the NYSE on October 2, 2026, down 3.64 percent from USD 35.15. The latest analyst consensus remains Hold, while Nike's fiscal 2027 outlook points to another difficult year.
Analysts reset Nike expectations
MarketBeat reported on October 2, 2026, that BTIG Research cut its Nike price target from USD 55.00 to USD 50.00 while keeping a Buy rating. The same overview lists 38 analysts with a Hold consensus and an average target of USD 44.47, which is 31.3 percent above the October 2 reference price.
The target spread shows the market's divided view. BTIG remains constructive, but the average target sits above the latest quote while the company guides for a high-single-digit revenue decline in fiscal 2027.
Revenue falls as Pace begins
According to Nike in its October 1, 2026 release, fiscal Q1 revenue fell 4 percent to USD 11.2 billion for the quarter ended August 31, 2026. Gross margin expanded 60 basis points to 42.8 percent, while diluted EPS reached USD 0.48 and net income declined 2 percent to USD 0.7 billion.
The earnings beat did not offset the outlook. Nike expects fiscal 2027 revenue to decline by a high-single-digit percentage and adjusted diluted EPS to range from USD 1.15 to USD 1.35, according to the company release. That range is below fiscal 2026 diluted EPS of USD 2.10.
The SEC filing dated October 1, 2026 describes Pace as a restructuring program targeting USD 2.5 billion in cumulative savings through fiscal 2031. It also lists USD 1.0 billion in expected pre-tax charges, with further role reductions beginning in 2027.
Nike stock stays near its yearly low
The USD 33.87 close stood USD 1.90 above Nike's 52-week low of USD 31.97 and USD 38.52 below its 52-week high of USD 72.39. Market capitalization was USD 50.1 billion and volume was 141,948,809 shares as of October 2, 2026.
The next strategic checkpoint is Nike's investor day on November 16 and 17, 2026, when management is expected to present its five-year outlook, as Yahoo Finance reported on October 3, 2026. For investors, the central test is whether Pace can offset weaker revenue before its savings arrive.
Nike stock key facts
- Company: NIKE, Inc.
- ISIN: US6541061031
- Ticker: NKE
- Trading venue: NYSE
- Price (as of October 2, 2026): Closing price (October 2, 2026): USD 33.87
- Market capitalization: USD 50.1 billion (as of October 2, 2026)
- 52-week range: USD 31.97-72.39 (as of October 2, 2026)
- Sector / Industry: Consumer discretionary / Footwear
