Barclays Raises NIKE (NKE) Price Target to $45

Barclays reaffirmed its Overweight rating on NIKE, Inc. NKE on October 22, 2026, while pushing its price target higher from $37.00 to $45.00. The update arrived in a research note from the firm on the same day the stock closed at $38.31. Wall Street analysts maintain a mix of opinions on the footwear and apparel giant as the company navigates shifting consumer demand.

NKE NIKE, Inc.

$37.53 ▼ -39.12% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Barclays's Call on NIKE, Inc.

Barclays kept an optimistic stance on the athletic gear maker by reiterating its Overweight rating on October 22, 2026. Along with that rating, the firm boosted its target price to $45.00 from its previous target of $37.00. The move highlights a growing target even as shares trade near recent levels.

Other Institutional Activity in NIKE, Inc.

Institutional investors continue to adjust their holdings in the footwear maker. Magnus Financial Group sold out of its entire stake, unloading 14,355 shares to finish with zero shares valued at $0 in a report filed on October 21, 2026.

NIKE, Inc. Stock Up 1.3%

NIKE, Inc. NKE recently traded around $38.39 as of October 22, 2026, up about 0.2% from its event-day close of $38.31. The stock carries a market capitalization of $55.74 billion and a trailing P/E ratio of 18.04.

Recent Earnings

NIKE, Inc. reported trailing-twelve-month revenue of $45.89 billion alongside earnings of $2.08 per share. The company's next earnings report is scheduled for December 17, 2026.

Dividend

NIKE, Inc. pays an annual dividend rate of $1.64 per share, translating to a dividend yield of 4.37% with a payout ratio of 78.8%.

Insider Buying and Selling at NIKE, Inc.

Company insiders executed several sales prior to the ratings update. President Amy Montagne sold 4,867 shares on August 7, 2026, at an average price of $42.05 for a total value of $204,657. Officer Robert Leinwand sold 3,646 shares on September 9, 2026, at $37.59 each, totaling $137,053. Officer Philip Mccartney sold 2,559 shares on the same day at $37.59 for $96,193. Chief Operating Officer Venkatesh Alagirisamy also sold 3,646 shares on September 9, 2026, at $37.59, bringing in $137,993.

Analysts Set New Price Targets

Wall Street firms adjusted their views ahead of and on the October 22, 2026 date. Freedom Broker upgraded the stock to Buy with a $51.00 target on October 2, 2026. On October 22, 2026, Wolfe Research initiated coverage with an Underperform rating and a $28.00 target, while BTIG reiterated a Buy rating with a $50.00 target. The stock currently holds a consensus recommendation of hold across 36 analyst opinions with a mean target price of $36.51.

About NIKE, Inc.

Headquartered in Beaverton, Oregon, NIKE, Inc. designs, develops, and markets athletic footwear, apparel, equipment, and accessories worldwide. The company sells its products under well-known brands including Nike, Jordan, Converse, and Chuck Taylor for men, women, and children.

Bottom Line

Investors will watch for the company's next financial results on December 17, 2026, to gauge how new product lines and regional sales are performing. Market participants should also track further institutional filings and analyst updates to see if more firms follow Barclays in adjusting their price targets.