NKE · News · 20260722N
Guidance / Outlook
NIKE, Inc. · 2026-07-22 · Importance 54 · Surprise 68
Third-party reporting said NIKE’s guidance points to further revenue declines in the first quarter of fiscal 2027. The outlook follows a 1% year-over-year revenue decline in the fourth quarter and an extended recovery timeframe. Gross-margin stabilization was described as encouraging, with expansion expected in the first quarter, but tariff recovery had materially supported fourth-quarter EPS growth.
Key facts
- Nike currently trades at $42.96, below Wall Street's average analyst price target of $51.12. source