BofA Bets On Nike Rebound, Says Q4 Pain Could Lead To 2026 Gain - Nike (NYSE:NKE)

BofA Bets On Nike Rebound, Says Q4 Pain Could Lead To 2026 Gain - Nike (NYSE:NKE)

BofA Securities analyst Lorraine Hutchinson reiterated the Buy rating on Nike, Inc. (NYSE:NKE) with a price forecast of $80. After the closing bell, the company will release its fourth quarter fiscal 2025 financial results on June 26. Hutchinson writes that the fourth quarter marked Nike’s “peak” of sales and margin pressure, as the company aggressively cleared excess inventory without enough new product innovation to compensate. The analyst mai…