NKE → $41.00 by Oct 23, 2026.

Nike has already been deliberately cautious. In June, management said the turnaround was taking longer than expected and projected another revenue decline through the first half of fiscal 2027. At Nike’s 2026 Annual Shareholders Meeting on September 8, 2026, CEO Elliott Hill directly addressed investors who were focused on the near-term stock/quarterly results. He said: “We’re not managing this company quarter-to-quarter. We are building it for the next decade.” Here’s the thing about that. Eventually, too much talk about Nike …