Nike Stock

Stock Price of Nike

Nike Stock Forecast

Analyst sentiment on Nike has turned cautiously optimistic for late 2026, with most 12-month price targets ranging from $75 to $100. The bull case rests on Elliott Hill's wholesale channel rebuild gaining traction and gross margins recovering as discounting normalizes. Key risks are a prolonged China slowdown, continued market share losses to On Running and New Balance, and weak consumer spending in North America.

Nike Valuation

Timeline of Nike Funding

• 1964
  Seed / Personal Capital

  Phil Knight invests $500 of personal savings alongside Bill Bowerman's $500 to found Blue Ribbon Sports in Eugene, Oregon.
• 1971
  Bank Financing

  Nike secures a $1 million line of credit from First National Bank of Oregon to fund the launch of its own branded footwear.
• 1978
  Pre-IPO Private Placement

  Nike raises $2 million in a private placement from institutional investors ahead of its planned public listing on Nasdaq.
• 1980
  IPO

  Nike goes public on December 2, 1980, listing on the NYSE and raising approximately $40 million at $11 per share.
• 1996
  Debt Issuance

  Nike issues $200 million in senior notes to fund global infrastructure expansion and manufacturing partnerships across Asia.
• 2022
  Share Buyback Program

  Nike authorizes a $18 billion share repurchase program, one of the largest in the company's history, funded through operating cash flow.

Nike Investors