NIKE, Inc. (NYSE:NKE) will release its third-quarter financial results after the closing bell on Thursday, March 20.

Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 29 cents per share, down from 77 cents per share in the year-ago period. Nike projects quarterly revenue of $11.01 billion, compared to $12.43 billion a year earlier, according to data from Benzinga Pro.

The company beat revenue estimates in the second quarter and has beaten analyst estimates for revenue in six of the last 10 quarters overall.

Nike shares fell 0.4% to close at $72.99 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• China Renaissance analyst Cindy Wang initiated coverage on the stock with a Hold rating on March 19, 2025. This analyst has an accuracy rate of 69%.
• Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and cut the price target from $74 to $72 on March 13, 2025. This analyst has an accuracy rate of 63%.
• Citigroup analyst Paul Lejuez downgraded the stock from Buy to Neutral and slashed the price target from $102 to $72 on Feb. 7, 2025. This analyst has an accuracy rate of 64%.
• BMO Capital analyst Simeon Siegel maintained an Outperform rating and lifted the price target from $92 to $95 on Feb. 3, 2025. This analyst has an accuracy rate of 73%.
• UBS analyst Jay Sole reiterated a Neutral rating with a price target of $73 on Dec. 26, 2024. This analyst has an accuracy rate of 67%.

Considering buying NKE stock? Here’s what analysts think:

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