Nike shares are poised for a 24.76% rebound over the next 12 months, according to a 24/7 Wall St. analysis that issued a buy recommendation with a 90% confidence level and a price target of $51.21. The stock closed at $41.05 on June 30, 2026, just above its 52-week low of $40, after falling 40.62% over the past year. Nike's first-quarter fiscal 2027 earnings beat estimates, but the $0.72 diluted EPS included a $986 million one-time tariff recovery, while Greater China revenue fell 12% and Converse tumbled 32%. CEO Elliott Hill has been buying shares on the open market, and the bull case scenario points to $65.78 by July 2027 if Greater China stabilizes and margins hold. The bear case still sees the stock at $46.65 in a year, reflecting how much bad news is already priced in.
Nike Inc24/7 Wall St. issued a buy recommendation with a 90% confidence level and a price target of $51.21, implying a 24.76% rebound.
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