NIKE, Inc. (NKE) Downgraded to Underweight by JP Morgan

Market Context

NIKE, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $41.44 with a market capitalization of $100.1B. The stock has declined 31.9% over the past 52 weeks.

Analyst downgrades can weigh on a stock in the short term as institutional investors who follow JP Morgan's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for NIKE, Inc.

Among the 10 most recent ratings: 4 Buy, 5 Hold, 1 Sell.

Date	Firm	Rating	Price Target
Aug 04, 2026	JP Morgan	Underweight	N/A
Jul 01, 2026	Citigroup	Neutral	N/A
Jul 01, 2026	Guggenheim	Buy	N/A
Jul 01, 2026	Piper Sandler	Neutral	N/A
Jul 01, 2026	BTIG	Buy	N/A

Related Tools: Analyst Ratings Dashboard | View NKE Stock Page