Barclays raises Nike stock target to USD 45 from USD 37

Published on 10/26/2026 at 17:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nike's first-quarter revenue fell 4 percent on October 1, 2026. Nike stock costs EUR 33.82 on October 26, 2026, up 0.03 percent versus Xetra close.

Analyst target and reporting date

Barclays raised its Nike target from USD 37.00 to USD 45.00 on October 22, 2026.
Nike reported USD 11.2 billion in fiscal first-quarter revenue, down 4.00 percent, on October 1, 2026.
Nike stock costs EUR 33.82 at Lang & Schwarz on October 26, 2026 at 5:11 p.m. CET, 0.03 percent above the Xetra close of October 26, 2026.
Nike's Investor Day is scheduled for November 17, 2026.

Nike, US6541061031, Illustration mit AI erstellt.

Barclays raised its Nike price target to USD 45.00 from USD 37.00 on October 22, 2026, after analyst Adrienne Yih met with management, according to Yahoo Finance. At USD 37.80 on the NYSE at 12:21 p.m. ET on October 26, 2026, the USD 45.00 target stood 19.05 percent above the price. After the Xetra close, Nike stock was trading at EUR 33.82 at Lang & Schwarz on October 26, 2026 at 5:11 p.m. CET, 0.03 percent above the Xetra close of October 26, 2026.

Revenue pressure remains visible

Nike's fiscal 2027 first-quarter revenue fell 4.00 percent to USD 11.21 billion for the period ended August 31, 2026. Diluted earnings per share came to USD 0.48, while gross margin increased 0.60 percentage points to 42.80 percent, according to NIKE. The comparison is mixed: North America revenue grew 2.00 percent, while Greater China revenue fell 26.00 percent on a currency-neutral basis.

Stock position after the close

The primary-market quote was USD 37.80 on the NYSE at 12:21 p.m. ET on October 26, 2026. Nike's 52-week range was USD 31.97 to USD 70.44, putting the price 46.34 percent below the high and 18.24 percent above the low. Nike's market capitalization was USD 56.2 billion, and trading volume reached 10,808,182 shares at that time.

Valuation and next date

Nike carried a price-to-earnings ratio of 18.09 on October 26, 2026. Barclays' higher target contrasts with Nike's fiscal 2027 outlook for a high-single-digit revenue decline, while adjusted earnings per share guidance stood at USD 1.15 to USD 1.35, excluding USD 0.15 of restructuring expenses related to the Pace program, according to NIKE.

NIKE's next scheduled corporate date is Investor Day on November 17, 2026, according to the company's investor-relations page.

Comparison with peers

Nike: up 0.03 percent, price-to-earnings ratio 18.09, market capitalization USD 56.2 billion.

adidas (Xetra, EUR): up 1.37 percent, price-to-earnings ratio 20.59, market capitalization EUR 27.9 billion.

Under Armour (NYSE, USD): down 0.43 percent, market capitalization USD 2.0 billion.

Analyst target meets a weaker outlook

Barclays' October 22, 2026 move gives Nike a higher valuation marker even as the latest quarter recorded lower revenue and a sharp regional decline in Greater China. The next scheduled corporate event is the November 17, 2026 Investor Day, where management is expected to detail the Pace program's planned USD 2.5 billion in cumulative savings through fiscal 2031, a figure disclosed in the October 1 results release.

Nike's euro price was trading at EUR 33.82 at Lang & Schwarz on October 26, 2026 at 5:11 p.m. CET, 0.03 percent above the Xetra close of October 26, 2026 at EUR 33.81. The further course of trading is shown by the continuously updated real-time quote of Nike stock.