Nike Stock Surged 5% on Thursday. Here’s Where Shares Could Go in 2026

Key Stats for Nike StockDaily Performance: +5%52-Week Range: $32 to $70Wall Street Target Price: Around $38Implied Price Upside: 2%What Happened?Nike Inc. (NYSE: NKE) stock surged about 5% on Thursday, October 15, finishing near $37 per share, as investors rotated away from technology and artificial-intelligence stocks toward beaten-down consumer companies.