Nike Inc. (NKE) stock falls on Q3 2026 Earnings

Nike Inc. (NKE) Q3 2026 highlights:

Total revenue: $11.28 billion (+0.09% year‑over‑year).

Gross profit: $4.53 billion (-3.1% year‑over‑year).

Operating profit: $553 million (-29.8% year‑over‑year).

Net income attributable to common shareholders: $520 million (-34.5% year‑over‑year).

Diluted earnings per share: $0.35 (-35.2% year‑over‑year).

Cash flow and liquidity:

Cash from operating activities: $579 million (-67.7% year‑over‑year).

Purchases of property, plant and equipment: $193 million (up 138.3% year‑over‑year).

Cash and cash equivalents: $6.66 billion (-22.6% year‑over‑year).

Other items to note:

Cost of sales: $6.75 billion (+2.4% year‑over‑year).

Total liabilities: $22.97 billion (-3.4% year‑over‑year).

Stock performance: shares were down 2.46% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Nike Inc. Insider Trading Activity

Nike Inc. insiders have traded $NKE stock on the open market 8 times in the past 6 months. Of those trades, 4 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $NKE stock by insiders over the last 6 months:

MARK G PARKER (EXECUTIVE CHAIRMAN) sold 86,078 shares for an estimated $5,577,854
TIMOTHY D COOK purchased 50,000 shares for an estimated $2,948,500
JORGEN VIG KNUDSTORP purchased 16,150 shares for an estimated $1,002,753
ELLIOTT HILL (PRESIDENT & CEO) purchased 16,388 shares for an estimated $1,001,306
ROBERT LEINWAND (EVP: Chief Legal Officer) has made 0 purchases and 2 sales selling 9,762 shares for an estimated $617,388.
ROBERT HOLMES SWAN purchased 8,691 shares for an estimated $500,080
TREASURE HEINLE (EVP: CHIEF PEOPLE OFFICER) sold 4,300 shares for an estimated $306,461

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Nike Inc. Hedge Fund Activity

We have seen 851 institutional investors add shares of Nike Inc. stock to their portfolio, and 1,239 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

J. STERN & CO. LLP added 47,956,692 shares (+49010.4%) to their portfolio in Q4 2025, for an estimated $3,055,320,847
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 22,899,247 shares (-76.5%) from their portfolio in Q4 2025, for an estimated $1,458,911,026
JENNISON ASSOCIATES LLC removed 11,838,528 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $754,232,618
WELLINGTON MANAGEMENT GROUP LLP added 11,442,045 shares (+56.3%) to their portfolio in Q4 2025, for an estimated $728,972,686
VIKING GLOBAL INVESTORS LP removed 8,996,579 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $573,172,048
NOMURA HOLDINGS INC removed 7,264,795 shares (-95.5%) from their portfolio in Q4 2025, for an estimated $462,840,089
CAPITAL WORLD INVESTORS added 6,830,938 shares (+16.2%) to their portfolio in Q4 2025, for an estimated $435,199,059

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Nike Inc. Analyst Ratings

Wall Street analysts have issued reports on $NKE in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

RBC Capital issued a "Outperform" rating on 01/06/2026
Piper Sandler issued a "Overweight" rating on 12/19/2025
Truist Securities issued a "Buy" rating on 12/19/2025
Goldman Sachs issued a "Buy" rating on 12/19/2025
Guggenheim issued a "Buy" rating on 12/10/2025
Wells Fargo issued a "Overweight" rating on 11/13/2025
BTIG issued a "Buy" rating on 10/15/2025

To track analyst ratings and price targets for Nike Inc., check out Quiver Quantitative's $NKE forecast page.

Nike Inc. Price Targets

Multiple analysts have issued price targets for $NKE recently. We have seen 17 analysts offer price targets for $NKE in the last 6 months, with a median target of $73.0.

Here are some recent targets:

Cristina Fernandez from Telsey Advisory Group set a target price of $65.0 on 03/25/2026
Krisztina Katai from Deutsche Bank set a target price of $54.0 on 03/23/2026
Jay Sole from UBS set a target price of $58.0 on 03/19/2026
Robert Drbul from BTIG set a target price of $90.0 on 03/19/2026
Adrienne Yih from Barclays set a target price of $73.0 on 03/11/2026
Piral Dadhania from RBC Capital set a target price of $78.0 on 03/05/2026
Ashley Owens from Keybanc set a target price of $75.0 on 01/22/2026