These Analysts Cut Their Forecasts On Nike Following Q3 Results

Benzinga

21 Mar

Nike Inc (NYSE:NKE) reported better-than-expected financial results for the third quarter of fiscal 2025 on Thursday.

Nike reported third-quarter revenue of $11.27 billion, beating analyst estimates of $11.01 billion. The athletic footwear and apparel company reported third-quarter earnings of 54 cents per share, beating analyst estimates of 28 cents per share, according to Benzinga Pro.

"The progress we made against the ‘Win Now' strategic priorities we committed to 90 days ago reinforces my confidence that we are on the right path," said Elliott Hill, president and CEO of Nike. "What's encouraging is NIKE made an impact this quarter leading with sport — through athlete storytelling, performance products and big sport moments."

Nike shares fell 8.4% to trade at $65.81 on Friday.

These analysts made changes to their price targets on Nike following earnings announcement.

Morgan Stanley analyst Alex Straton maintained Nike with an Equal-Weight rating and lowered the price target from $72 to $70.
Needham analyst Tom Nikic maintained Nike with a Buy and lowered the price target from $80 to $75.
Baird analyst Jonathan Komp maintained the stock with an Outperform rating and lowered the price target from $105 to $99.
Wells Fargo analyst Ike Boruchow maintained Nike with an Overweight rating and lowered the price target from $90 to $85.
Truist Securities analyst Joseph Civello maintained the stock with a Buy and lowered the price target from $90 to $82.

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

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2521928299"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2521928299\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2521928299?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-21 21:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2521928299","market":"us","top_or_hot":-1,"title":"These Analysts Cut Their Forecasts On Nike Following Q3 Results","media":"Benzinga","content":"<html><body><p><strong>Nike Inc</strong> (NYSE:NKE) reported better-than-expected financial results for the third quarter of fiscal 2025 on Thursday.</p>\n<p>Nike reported third-quarter revenue of $11.27 billion, beating analyst estimates of $11.01 billion. The athletic footwear and apparel company reported third-quarter earnings of 54 cents per share, beating analyst estimates of 28 cents per share, according to Benzinga Pro.</p>\n<p>\"The progress we made against the ‘Win Now' strategic priorities we committed to 90 days ago reinforces my confidence that we are on the right path,\" said Elliott Hill, president and CEO of Nike. \"What's encouraging is NIKE made an impact this quarter leading with sport — through athlete storytelling, performance products and big sport moments.\"</p>\n<p>Nike shares fell 8.4% to trade at $65.81 on Friday.</p>\n<p>These analysts made changes to their price targets on Nike following earnings announcement.</p>\n<ul>\n<li>Morgan Stanley analyst Alex Straton maintained Nike with an Equal-Weight rating and lowered the price target from $72 to $70.</li>\n<li>Needham analyst Tom Nikic maintained Nike with a Buy and lowered the price target from $80 to $75.</li>\n<li>Baird analyst Jonathan Komp maintained the stock with an Outperform rating and lowered the price target from $105 to $99.</li>\n<li>Wells Fargo analyst Ike Boruchow maintained Nike with an Overweight rating and lowered the price target from $90 to $85.</li>\n<li>Truist Securities analyst Joseph Civello maintained the stock with a Buy and lowered the price target from $90 to $82.</li>\n</ul>\n<p><strong>Considering buying NKE stock? 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The athletic footwear and apparel company reported third-quarter earnings of 54 cents per share, beating analyst estimates of 28 cents per share, according to Benzinga Pro.</p>\n<p>\"The progress we made against the ‘Win Now' strategic priorities we committed to 90 days ago reinforces my confidence that we are on the right path,\" said Elliott Hill, president and CEO of Nike. \"What's encouraging is NIKE made an impact this quarter leading with sport — through athlete storytelling, performance products and big sport moments.\"</p>\n<p>Nike shares fell 8.4% to trade at $65.81 on Friday.</p>\n<p>These analysts made changes to their price targets on Nike following earnings announcement.</p>\n<ul>\n<li>Morgan Stanley analyst Alex Straton maintained Nike with an Equal-Weight rating and lowered the price target from $72 to $70.</li>\n<li>Needham analyst Tom Nikic maintained Nike with a Buy and lowered the price target from $80 to $75.</li>\n<li>Baird analyst Jonathan Komp maintained the stock with an Outperform rating and lowered the price target from $105 to $99.</li>\n<li>Wells Fargo analyst Ike Boruchow maintained Nike with an Overweight rating and lowered the price target from $90 to $85.</li>\n<li>Truist Securities analyst Joseph Civello maintained the stock with a Buy and lowered the price target from $90 to $82.</li>\n</ul>\n<p><strong>Considering buying NKE stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"584\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/21094745/image-201-1024x584.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/21094745/image-201-1024x584.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/21094745/image-201-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/21094745/image-201-768x438.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/21094745/image-201.png 1100w\" width=\"1024\"/></figure></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/25/03/44436364/these-analysts-cut-their-forecasts-on-nike-following-q3-results","article_id":"2521928299","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521928299","pubTimestamp":1742564927,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"这些分析师在第三季度业绩公布后下调了对耐克的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NKE":1},"content_text":"Nike Inc (NYSE:NKE) reported better-than-expected financial results for the third quarter of fiscal 2025 on Thursday.\nNike reported third-quarter revenue of $11.27 billion, beating analyst estimates of $11.01 billion. The athletic footwear and apparel company reported third-quarter earnings of 54 cents per share, beating analyst estimates of 28 cents per share, according to Benzinga Pro.\n\"The progress we made against the ‘Win Now' strategic priorities we committed to 90 days ago reinforces my confidence that we are on the right path,\" said Elliott Hill, president and CEO of Nike. \"What's encouraging is NIKE made an impact this quarter leading with sport — through athlete storytelling, performance products and big sport moments.\"\nNike shares fell 8.4% to trade at $65.81 on Friday.\nThese analysts made changes to their price targets on Nike following earnings announcement.\n\nMorgan Stanley analyst Alex Straton maintained Nike with an Equal-Weight rating and lowered the price target from $72 to $70.\nNeedham analyst Tom Nikic maintained Nike with a Buy and lowered the price target from $80 to $75.\nBaird analyst Jonathan Komp maintained the stock with an Outperform rating and lowered the price target from $105 to $99.\nWells Fargo analyst Ike Boruchow maintained Nike with an Overweight rating and lowered the price target from $90 to $85.\nTruist Securities analyst Joseph Civello maintained the stock with a Buy and lowered the price target from $90 to $82.\n\nConsidering buying NKE stock? Here’s what analysts think:","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}