41.9% Below Target

The consensus Wall Street price target for NKE is $64.13, representing 41.9% upside from the current price of $45.2. With 71 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

NKE has a consensus rating of "Buy" based on 71 Wall Street analysts. The rating breakdown is predominantly bullish, with 37 Buy/Strong Buy ratings. The consensus 12-month price target of $64.13 implies 41.9% upside from current levels.

NKE trades at a forward P/E of 30.2564x, representing a moderate valuation. With analysts targeting $64.13 (41.9% implied move), the stock appears reasonably valued with upside.

The most bullish Wall Street analyst has a price target of $110 for NKE, while the most conservative target is $35. The consensus of $64.13 represents the median expectation. Our quantitative valuation model projects a bull case target of $71 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

NKE is heavily covered by Wall Street, with 71 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 36 have Buy ratings, 29 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month NKE stock forecast based on 71 Wall Street analysts shows a consensus price target of $64.13, with estimates ranging from $35 (bear case) to $110 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $54, with bear/bull scenarios of $34/$71.

Our quantitative valuation model calculates NKE's fair value at $54 (base case), with a bear case of $34 and bull case of $71. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 56/100.

NKE trades at a forward P/E ratio of 30.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.9x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on NKE, with a "Buy" consensus rating and $64.13 price target (41.9% upside). 37 of 71 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

NKE analyst price targets range from $35 to $110, a 117% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $64.13 consensus represents the middle ground. Our model's $34-$71 range provides an independent fundamental perspective.