BTIG Reiterates Buy Rating on NIKE, Inc. with $55 Target

BTIG analyst Robert Drbul maintains a buy rating on NIKE, Inc. with a price target of $55, a 34.97% upside from the current price.

Editorial illustration for NIKE, Inc. (NKE)

Key Points

  • BTIG analyst Robert Drbul reiterated a buy rating on NIKE, Inc. (NKE) with a $55 price target on June 25, 2026.
  • BTIG's $55 price target implies 34.97% upside from NIKE, Inc.'s ($NKE) current $40.75 share price.
  • NIKE shares traded at $41.82 on Thursday, with a market cap of $63.96 billion and a P/E ratio of 28.41.
  • Insider transactions include CEO Elliott Hill's purchase of 23,660 shares at $42.27 on April 13, 2026.

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BTIG analyst Robert Drbul reiterated his buy rating on NIKE, Inc. (NYSE: NKE) on June 25, 2026, maintaining a price target of $55. Shares of NIKE traded at $41.82 on Thursday, reflecting confidence in the company's performance.

Analyst rating track record

BTIG vs. the S&P 500

YTD return -22.10% hypothetical
All-time return +27.55% S&P 500 +38.49%
vs. S&P 500 -10.94% behind the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

NIKE, Inc. Stock Up 2.9%

Shares of NYSE:NKE traded near $41.82 on Thursday. NIKE, Inc. has a market cap of approximately $63.96 billion and a P/E ratio of 28.41. The stock's 52-week range is between $41.35 and $80.17. It has a 50-day moving average of $44.34 and a 200-day moving average of $58.76. The company's beta is 1.116, indicating moderate volatility.

12-month forecast

$NKE price target

Past daily closes and this analyst's 12-month price target. Not investment advice.

Recent Earnings

NIKE reported revenue of about $46.52 billion, with a slight growth of 0.1%. The company's earnings per share (EPS) is $1.52, and it holds a net margin of 4.84%. Return on equity (ROE) stands at 16.02%. NIKE is expected to release its next earnings report on June 30, 2026.

Dividend

NIKE offers an annual dividend rate of $1.64, yielding 3.63%. The dividend payout ratio is 106.58%, reflecting its commitment to returning value to shareholders.

Insider Buying and Selling at NIKE, Inc.

Several insider transactions occurred recently. On June 12, 2026, EVP Philip McCartney sold 17,398 shares at an average price of $46.18 under a planned trading program. On June 10, 2026, COO Venkatesh Alagirisamy sold 9,853 shares at $44.65. Earlier, on April 13, 2026, President and CEO Elliott Hill bought 23,660 shares at $42.27.

Analysts Set New Price Targets

On June 25, 2026, BTIG maintained a buy rating on NIKE with a $55 price target. Goldman Sachs and Evercore ISI Group both maintained their hold ratings with targets of $46 on June 23, 2026. UBS and Citigroup also maintained hold ratings with targets of $50 and $47 respectively on June 10, 2026. The consensus recommendation for NIKE is a buy, with an average target price of $59.58 based on 33 analyst opinions.

About NIKE, Inc.

NIKE, Inc., headquartered in Beaverton, Oregon, is a leading designer and seller of athletic and casual footwear, apparel, and equipment. Founded in 1964, the company markets its products under various brands including NIKE, Jordan, and Converse. It operates globally across North America, Europe, Greater China, and other regions, focusing on innovation and consumer experience.

Bottom Line

BTIG's reiterated buy rating and $55 target reflect continued optimism in NIKE's market position and potential growth. Investors keep a close eye on analyst ratings as they provide insight into the company's future performance. Remember, these ratings are based on past data and projections and may not indicate future results.

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