Meanwhile, Wall Street expects Nike to report earnings per share (EPS) of $0.12 for Q4 FY26, down from $0.14 in the prior-year quarter. Revenue is projected to decline more than 2% to $10.85 billion.
Investors will await management’s commentary on progress in the company’s “Win Now” turnaround strategy and the demand backdrop.
Analysts’ Views Ahead of Nike’s Q4 FY26 Earnings
Heading into Q4 earnings, KeyBanc analyst Ashley Owens downgraded Nike stock to Hold from Buy, noting that the company’s initiatives to optimize its sportswear line and improve business in Greater China are taking more time than anticipated.
Meanwhile, Oppenheimer analyst Brian Nagel reiterated a Buy rating on Nike stock and lowered his price target to $60 from $120 to reflect near-term challenges. The 5-star analyst expects management to highlight Nike’s ongoing aggressive repositioning initiatives. Nagel expects results to be essentially in line with expectations amid persistent “internal dislocations” and macro headwinds in the U.S. and international markets.
