TD Cowen Upgrades NIKE, Inc. (NKE) to ‘Buy’, Shares Climb 1.6%

NIKE, Inc. (NYSE:NKE) is one of the 15 Best Stocks to Invest in for Financial Stability.

TD Cowen Upgrades NIKE, Inc. (NKE) to ‘Buy’, Shares Climb 1.6%

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On September 10, 2025, NIKE, Inc. (NYSE:NKE)’s shares rose 1.6% premarket following an analyst upgrade. TD Cowen, on the same day, upgraded the stock to ‘Buy’, thanks to a powerful turnaround story fueled by brand strength, management execution, and margin recovery.

The investment firm highlighted improving trends in Nike and Jordan footwear and apparel, particularly Tech Fleece. Meanwhile, competitors like Adidas, Skechers, and New Balance are experiencing slowing momentum. At the same time, consumer preferences remain strong, with running reaching a record 36.9% share and lifestyle holding near peak levels.

Looking ahead, TD Cowen projects NIKE, Inc. (NYSE:NKE)’s return to sales growth in FY24 ex-FX, growing to mid-single digits by FY27, with EBIT margin climbing to 9.3%. Accordingly, the investment firm raised the price target from $62 to $85.

With its brands like Nike, Jordan, Converse, and others, NIKE, Inc. (NYSE:NKE) designs, develops, and markets athletic and casual footwear, apparel, equipment, and digital services. It is one of the Best Stocks To Buy.

While we acknowledge the potential of NKE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NKE and that has 100x upside potential, check out our report about this cheapest AI stock.

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