Short-term Nike stock price forecast is influenced by emerging market penetration, with Latin America showing stronger-than-expected quarterly revenue acceleration. The Fair Value Estimate has risen from $79.76 to $82.25 per share, indicating a modest reassessment of Nike's intrinsic value. At $73.65 per share , Nike trades at a forward P/E near 40x , well above its 10-year average of 33x. Analysts see FY26 EPS at $1.68 , implying investors are paying a premium despite contracting margins and earnings pressure. HSBC raised its target to $90 , while the Wall Street average sits at $81.67 , suggesting about 11% upside . The elevated multiple means even modest disappointments in China or margin recovery could lead to sharp valuation compression. Near-term Nike stock price forecast remains cautious but optimistic, as supply chain normalization drives quicker product turnaround times, improving operational efficiency metrics.
