Nike (NKE): Wall Street Tests Whether the Turnaround Can Outrun Weak Demand Ahead of Q1 Results

Nike prepares to report fiscal 2027 first-quarter results on October 1, with analyst attention focused beyond headline revenue figures to whether the company’s turnaround strategy is broadening demand across its portfolio. The company enters the period with mixed signals, as several Wall Street firms have recently adjusted outlooks amid concerns about consumer demand weakness in key categories.
Stifel cut its price target to $40 from $45 on September 21, reducing FY2027 and FY2028 adjuste