Nike Inc. 33 billion analyst estimate.
For fiscal 2027, Nike expects revenue to decline by a high-single-digit percentage. The earnings outlook excludes about 15 cents per share in restructuring costs tied to Nike’s PACE program.
See More: Top Value Stocks Analysts See More Pressure AheadBank of America Securities analyst Lorraine Hutchinson cited limited visibility into a sales recovery and continued downside risk to Nike’s premium valuation. Guggenheim analyst Simeon Siegel said North America remained a bright spot.
However, Siegel viewed the overall report negatively. Another guidance cut raised questions about when Nike’s repeated estimate reductions could stabilize.
StoneX analyst Zeyn Burak reiterated a Hold rating. He also noted that several competitors continue to post double-digit growth.
Stifel analyst Peter McGoldrick said it remains too early to call a bottom. 25, respectively.
Drbul expects continued pressure from Nike Sportswear, Jordan and Greater China. 22 at the time of publication on Friday.
