Nike stock gains 1.66 percent as Stifel cuts its target

Published on 09/22/2026 at 14:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nike stock closed at USD 36.10 on September 21, 2026, after a 1.66 percent daily gain. Stifel cut its target to USD 40 from USD 45.

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Nike Inc. (ISIN US6541061031) closed at USD 36.10 on the NYSE on September 21, 2026, up USD 0.59 or 1.66 percent from the prior close. The move came as Stifel reduced its price target from USD 45 to USD 40 while keeping a Hold rating, putting earnings expectations back at the center of the stock debate.

Stifel lowers its target

According to Aktiencheck on September 22, 2026, Stifel analyst Peter McGoldrick cut the Nike target from USD 45 to USD 40 and maintained Hold. The revised target is USD 3.90, or 10.8 percent, above the September 21 closing price, while the change itself represents a 11.1 percent reduction from the previous target.

The same report said Stifel reduced its adjusted earnings-per-share estimates for fiscal years 2027 and 2028 by USD 0.20 each. That combination gives the price move a cautious interpretation: the shares gained 1.66 percent on September 21, but the analyst's valuation framework became less optimistic.

Shares remain near the yearly low

A September 21 market snapshot cited by The Motley Fool showed Nike at USD 36.10, with a 52-week range of USD 35.35 to USD 76.97 and market capitalization of about USD 54 billion. The closing price was therefore USD 0.75 above the reported 52-week low and USD 40.87 below the high, a wide range that keeps valuation sensitivity high.

Analyst views remain divided. The Globe and Mail reported on September 22, 2026, that Stifel retained Hold with a USD 40 target, while Robert W. Baird had downgraded Nike to Hold with a USD 44 target on September 14 and J.P. Morgan had upgraded the stock to Buy with a USD 48 target on September 15. The reported average target was USD 47.43, or 30.8 percent above the September 21 close.

Nike stock closes at USD 36.10

Nike stock closed at USD 36.10 on the NYSE on September 21, 2026, with a daily gain of 1.66 percent. The next market checkpoint is whether the stock can build on that move while analysts reassess the lower earnings assumptions for fiscal 2027 and 2028.