Nike Is About to Report Q4 Earnings Tomorrow. Here Is What to Expect

Nike (NKE) will report its Q4 FY25 results on June 26 after the market closes, with investors watching closely to see if the sportswear giant can turn things around. The stock is down about 18% so far this year, hit by weak sales and rising competition in this space. Higher costs and excess inventory have also squeezed margins. As a result, Wall Street analysts expect Nike to report earnings of $0.13 per share for Q4, down 87% from the year-ago quarter.

Also, revenues are expected to decrease by 15% from the year-ago quarter to $10.73 billion, according to data from the TipRanks Forecast page. This follows a weaker Q3 FY25, when Nike reported $11.26 billion in revenue, down 9% from the same quarter last year, with notable declines in both its Footwear and Apparel segments, according to Main Street Data.

Analyst’s Views Ahead of Nike’s Q4 Print

Ahead of the Q4 earnings print, Bernstein analyst Aneesha Sherman reiterated an Outperform rating and a price target of $85 on Nike, stating that the company’s turnaround is still in the early stages. Sherman noted that Nike’s Running segment has been performing well, and its Lifestyle segment is starting to improve. However, the Jordan brand remains in the early stages of recovery.

Heading into the Q4 earnings report, the analyst is looking for updates on inventory clearance, the Lifestyle product pipeline, and visibility into order growth — any of which could lead to upward revisions for Nike’s FY26 estimates and boost market sentiment.

Options Traders Anticipate a Large Move

Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.

Indeed, it currently says that options traders are expecting a 7.77% move in either direction.

Is Nike Stock a Good Buy Right Now?

Turning to Wall Street, analysts have a Moderate Buy consensus rating on Nike stock based on 13 Buys and 12 Holds assigned in the last three months. Furthermore, the average NKE price target of $71.48 per share implies 16.38% upside potential.

See more NKE analyst ratings

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