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Stock impact report

Is Nike (NKE) One of the Most Active US Stocks to Buy According to Analysts? [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
On the same day, Stifel analyst Peter McGoldrick also cut the firm's price target on Nike to $65 from $68 while keeping a Hold rating on the shares. After the company released its FQ2 2026 financial results, the firm noted that Nike's recovery remains inconsistent. While the quarter provided some upside and positive revenue growth, this was offset by a disappointing FQ3 outlook and a forecast for a low-single-digit decline in the topline. Given Nike's current valuation premium compared to its footwear peers, the firm finds it difficult to justify a strong case for significant stock upside at this time. A day before these ratings, Nike disclosed the FQ2 financial report, where the company achieved a total revenue increase of 1% year-over-year on a reported basis, which totaled $12.43 billion and exceeded estimates by $218.31 million. The company also made an EPS of $0.53, which beat guidance by $0.16. Performance across sales channels showed a shift toward wholesale, which grew by 8 Show less Read more
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