There is a buy recommendation for Nike stock!

Nike Inc. Promises a Bright Future for Investors

Nike Inc. (NYSE:NKE) is considered one of the top stocks to buy by Citadel LLC. On October 15, BTIG consumer retail analyst Robert Drbul rated the company’s shares as Buy and set a price target of $100 per share. The analyst also referred to Nike as a “Top Pick” for 2026, expressing strong confidence in the stock.

While Drbul indicated he was encouraged by Nike’s progress in its transformation efforts, he noted that there is still much work to be done. According to the analyst's model, the earnings per share (EPS) estimates for the fiscal years 2026 and 2027 are projected to be $1.70 and $2.75, respectively. With the momentum provided by the new management, the analyst believes the company could achieve an EPS of $3.50 by 2028 and that its long-term operational profit margin could rise above 12%.

Additionally, on October 23, Nike Inc. (NYSE:NKE) announced that it is testing a globally enhanced shoe system called ‘Project Amplify.’ The company is collaborating with the bionic shoe firm Dephy for the development of this product. Although it is expected to take several years for this battery-powered motor product to reach customers, such innovations will be critical for Nike’s transformation and regaining lost market share.

Nike Inc. (NYSE:NKE) designs, develops and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company is the largest seller in the athletic footwear and apparel sector.

Although Nike (NKE) can be considered an investment opportunity, we believe that some artificial intelligence stocks have greater profit potential and carry lower downside risk.