Veytics Intelligence
2026-09-29 · NASDAQ

Nike Faces 2 Major Tests This Week. Earnings Isn't the One To Watch

Key Points Analysts are lowering their price targets ahead of Nike's earnings report Thursday. Nike is also set to launch Caitlin Clark's signature shoe this week. If the Caitlin 1 is well-received, it could help drive Nike's long-awaited comeback. 10 stocks we like better than Nike › Nike's (NYSE:NKE) running business may be on the rebound, but the sportswear giant is definitely limping into its first-quarter earnings report, due out on Thursday. The stock is trading around decade lows heading into the big reveal, and Wall Street is lowering its expectations for a comeback. Last Friday, Bank of America downgraded the stock to underperform and lowered its price target from $47 to $30 due to downside risks to earnings over the next two years.

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