NKE Stock Analysis: Nike | NYSE
Footwear & Accessories | NYSE, USA | Market Cap: 63.767m USD | 12M Return: -40.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.08B
EPS Trend: -89.0%
Qual. Beats: 4
Rev. Trend: -94.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NIKE, Inc. is a global designer, developer, marketer, and seller of athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and children. The company operates across North America, Europe, the Middle East and Africa, Greater China, Asia Pacific, and Latin America, distributing products under its core brand portfolio, including NIKE, Jordan, Converse (with sub-brands such as Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell), and Jumpman. Beyond core footwear and apparel, NIKE offers performance and sports accessories (bags, socks, balls, eyewear, bats, gloves, and protective gear), licenses team- and college-logo apparel, and operates a growing consumer services business spanning fitness apps, digital platforms, sport-focused events, and in-store digital experiences.
The company sells through a mixed distribution model that combines wholesale partners (footwear, sporting goods, and athletic specialty stores, department stores, and specialty shops) with its own NIKE-branded retail stores and digital channels, supplemented by independent distributors and licensees. Founded in 1964 as Blue Ribbon Sports and renamed NIKE in 1971, the firm is headquartered in Beaverton, Oregon, and trades on the NYSE under the ticker NKE.
Operating within the Consumer Discretionary sector (Footwear sub-industry), NIKE is one of the largest players in the global athletic and casual footwear industry, a segment characterized by intense brand-driven competition, product innovation cycles tied to performance and lifestyle trends, and significant exposure to international consumer demand and supply chains concentrated in Asia. Its multi-brand strategy, combining a flagship performance label with heritage lifestyle brands like Converse and Jordan, is a common approach among large-cap apparel and footwear companies seeking diversified revenue streams across sport, lifestyle, and youth-oriented markets.
- Greater China revenue declines amid weak consumer demand
- Gross margins pressured by inventory clearance and promotions
- DTC and innovation pipeline reshape wholesale distribution strategy
| Net Income: 3.11b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -11.79 > 1.0 |
| NWC/Revenue: 25.98% < 20% (prev 27.63%; Δ -1.65% < -1%) |
| CFO/TA 0.04 > 3% & CFO 1.69b > Net Income 3.11b |
| Net Debt (5.16b) to EBITDA (4.55b): 1.13 < 3 |
| Current Ratio: 1.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.48b) vs 12m ago 0.35% < -2% |
| Gross Margin: 42.91% > 18% (prev 42.73%; Δ 0.18% > 0.5%) |
| Asset Turnover: 123.7% > 50% (prev 126.6%; Δ -2.85% > 0%) |
| Interest Coverage Ratio: 13.77 > 6 (EBIT TTM 3.80b / Interest Expense TTM 276.0m) |
| A: 0.31 (Total Current Assets 24.6b - Total Current Liabilities 12.5b) / Total Assets 38.4b |
| B: -0.02 (Retained Earnings -610.0m / Total Assets 38.4b) |
| C: 0.10 (EBIT TTM 3.80b / Avg Total Assets 37.5b) |
| D: 0.63 (Book Value of Equity 14.9b / Total Liabilities 23.5b) |
| Altman-Z'' = 3.35 = A |
| DSRI: 1.25 (Receivables 5.93b/4.72b, Revenue 46.4b/46.3b) |
| GMI: 1.00 (GM 42.73% / 42.91%) |
| AQI: 1.04 (AQ_t 0.16 / AQ_t-1 0.16) |
| SGI: 1.00 (Revenue 46.4b / 46.3b) |
| TATA: 0.04 (NI 3.11b - CFO 1.69b) / TA 38.4b) |
| Beneish M = -2.79 (Cap -4..+1) = A |
As of July 04, 2026, the stock is trading at USD 44.09 with a total of 34,264,300 shares traded. Over the past week, the price has changed by +7.80%, over one month by +0.64%, over three months by +1.03% and over the past year by -40.69%.
Current recommended Stop Loss: 41.60 (which is 5.6% or 1.7 ATR below the current price).
Nike has received a consensus analysts rating of 3.71. Therefore, it is recommended to hold NKE.
- StrongBuy: 14
- Buy: 2
- Hold: 20
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 51.9 | 17.6% |
P/E Trailing = 20.5048
P/E Forward = 21.5054
P/S = 1.3707
P/B = 4.0895
P/EG = 1.4328
Revenue TTM = 46.4b USD
EBIT TTM = 3.80b USD
EBITDA TTM = 4.55b USD
Long Term Debt = 7.03b USD (from longTermDebt, two quarters ago)
Short Term Debt = 2.48b USD (from shortTermDebt, last quarter)
Debt = 14.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.15b
Net Debt = 5.16b USD (calculated: Debt 14.2b - CCE 9.03b)
Enterprise Value = 68.9b USD (63.8b + Debt 14.2b - CCE 9.03b)
Interest Coverage Ratio = 13.77 (Ebit TTM 3.80b / Interest Expense TTM 276.0m)
EV/FCF = 65.77x (Enterprise Value 68.9b / FCF TTM 1.05b)
FCF Yield = 1.52% (FCF TTM 1.05b / Enterprise Value 68.9b)
FCF Margin = 2.26% (FCF TTM 1.05b / Revenue TTM 46.4b)
Net Margin = 6.70% (Net Income TTM 3.11b / Revenue TTM 46.4b)
Gross Margin = 42.91% ((Revenue TTM 46.4b - Cost of Revenue TTM 26.5b) / Revenue TTM)
Gross Margin QoQ = 49.15% (prev 40.16%)
Tobins Q-Ratio = 1.79 (Enterprise Value 68.9b / Total Assets 38.4b)
Interest Expense / Debt = 1.95% (Interest Expense 276.0m / Debt 14.2b)
Taxrate = 20.31% (792.0m / 3.90b)
NOPAT = 3.03b (EBIT 3.80b * (1 - 20.31%))
Current Ratio = 1.96 (Total Current Assets 24.6b / Total Current Liabilities 12.5b)
Debt / Equity = 0.95 (Debt 14.2b / totalStockholderEquity, last quarter 14.9b)
Debt / EBITDA = 1.13 (Net Debt 5.16b / EBITDA 4.55b)
Debt / FCF = 4.92 (Net Debt 5.16b / FCF TTM 1.05b)
Total Stockholder Equity = 14.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.29% (Net Income 3.11b / Total Assets 38.4b)
RoE = 22.00% (Net Income TTM 3.11b / Total Stockholder Equity 14.1b)
RoCE = 17.96% (EBIT 3.80b / Capital Employed (Equity 14.1b + L.T.Debt 7.03b))
RoIC = 11.64% (NOPAT 3.03b / Invested Capital 26.0b)
WACC = 7.93% (E(63.8b)/V(77.9b) * Re(9.35%) + D(14.2b)/V(77.9b) * Rd(1.95%) * (1-Tc(0.20)))
Discount Rate = 9.35% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.11 | Cagr: -1.28%
[DCF] Terminal Value 73.10% ; FCFF base≈2.75b ; Y1≈2.41b ; Y5≈1.95b
[DCF] Fair Price = 21.81 (EV 31.3b - Net Debt 5.16b = Equity 26.2b / Shares 1.20b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -88.99 | EPS CAGR: -30.36% | SUE: 1.17 | # QB: 4
Revenue Correlation: -94.09 | Revenue CAGR: -4.84% | SUE: 0.41 | # QB: 0
EPS current Quarter (2026-08-31): EPS=0.45 | Chg30d=+0.44% | Revisions=-73% | Analysts=17
EPS next Quarter (2026-11-30): EPS=0.54 | Chg30d=-9.12% | Revisions=-73% | Analysts=17
EPS current Year (2027-05-31): EPS=1.74 | Chg30d=-5.53% | Revisions=-33% | GrowthEPS=-17.1% | GrowthRev=-1.3%
EPS next Year (2028-05-31): EPS=2.30 | Chg30d=-5.89% | Revisions=-79% | GrowthEPS=+32.1% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: -79%