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NKE

NKE

NIKE, Inc.
$37.53
-0.92% Oct 21 close
Consumer DiscretionaryS&P 500
1M3M6M1Y2Y
-48%-32%-15%+1%+17%Oct 2025Oct 2026Apr 2026
NKESPY
1W
+6.3%
1M
+4.0%
3M
-10.1%
6M
-16.2%
YTD
-39.5%
1Y
-43.3%

Live chart

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What they do

NIKE, Inc. designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America. The company offers its products under the NIKE, Jordan, Converse, Jumpman, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

Consumer Cyclical · Footwear & Accessories

For information only · Important disclosures

Grades vs sector

Momentum
6th percentile in sector
F
12-1 return: -43.4%
Percentile within its GICS sector across the S&P 1500.
Growth
15th percentile in sector
D-
Revenue growth (YoY): -4.3%
Percentile within its GICS sector across the S&P 1500.
Value
30th percentile in sector
D+
Forward E/P: 4.3% · EBITDA/EV: 8.4%
Percentile within its GICS sector across the S&P 1500.
Profitability
58th percentile in sector
B-
Profit margin: +6.7% · Return on equity: +21.6%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
 Momentum Top 15
ranked 487 of 499 · 12-month momentum -42.7%
 Momentum Blend
Not in the current book
 New Highs Growth
Outside this model's universe or screens
 Coteau Long Book
Not in the current book

News

More news
Retail Comebacks Are Rare. History Says These Stocks Could Be AI Winners.
Barrons.com · 1h ago
Teen spending up 6% as they trade athletic apparel for fashion
Retail Dive · 5h ago
lululemon's Americas Sales Slump Deepens Turnaround Concerns
Zacks · 7h ago
Vicor and NIKE have been highlighted as Zacks Bull and Bear of the Day
Zacks · 9h ago
Nike vs. Procter & Gamble: Which Consumer Stock Is a Better Buy in 2026?
Nasdaq · 20h ago

Key stats

Market value$56.3B
P/E (last 12 months)18.2
P/E (next 12 months, estimated)23.7
52-week range$31.97 – $70.44
Revenue growth (latest quarter vs a year ago)-4.3%
Dividend yield4.41%
Analyst consensusHold (36)
Average analyst price target$36.51 (-3%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Looks expensive
Model read-out from the numbers below, not advice. Score -3 (DCF counts double).
▼DCF (base case)below the price by 56%
▼Forward P/E vs sector23.7x vs median 13.4x
•Piotroski F-score5/9
•Analyst target-3% (36 analysts)

Discounted cash flow

Bear
$12
-69%
growth -9% · disc. 10.7% · term. 2.0%
Base
$16
-56%
growth -4% · disc. 9.7% · term. 2.5%
Bull
$23
-39%
growth -1% · disc. 8.7% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 10% a year for 10 years.
Implied
+10%/yr
FCF, last 3 yrs
-23%/yr
FCF, last 5 yrs
-18%/yr
Revenue, last 3 yrs
-3%/yr
Revenue, last 5 yrs
+1%/yr
Same inputs as the DCF above: trailing free cash flow 2.1B, 9.7% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2026; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-08-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.10 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Consumer Discretionary

P/E (trailing)
sector median 17.7× · 54th pct
 18.2×
pricier
Forward P/E
sector median 13.4× · 86th pct
 23.7×
pricier
EV / EBITDA
sector median 11.3×
 –
Price / sales
sector median 1.2× · 50th pct
 1.2×
pricier
Price / book
sector median 2.8× · 59th pct
 3.7×
pricier
FCF yield
sector median 6.6% · 28th pct
 3.7%
pricier

Forward EPS $1.60 vs trailing $2.08 (-23% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
43.1%
Operating margin
–
FCF margin
4.6%
Net margin
6.7%
Return on equity
20.3%
Return on invested capital
–
Net debt / EBITDA
–
Current ratio
2.1×
Interest cover
–
Cash conversion (OCF/NI)
0.9×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✗ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✓ Gross margin improved✗ Asset turnover improved

Analysts

Mean target
$37
-3%
Analysts
36
Hold
Range
$19–$60
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2026$46.4B$3.1B$2.2B
2025$46.3B$3.2B$3.3B
2024$51.4B$5.7B$6.6B
2023$51.2B$5.1B$4.9B
2022$46.7B$6.0B$4.4B
2021$44.5B$5.7B$6.0B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -3.2%.

Earnings

Next report: 2026-12-17 · during market · EPS est 0.37
24-1225-0325-0625-0925-1226-0326-0626-100.000.78
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-10-010.440.48+9.9%
2026-06-300.130.72+466.1%
2026-03-310.280.35+24.3%
2025-12-180.380.53+41.3%
2025-09-300.270.49+81.3%
2025-06-260.120.14+14.2%
2025-03-200.290.54+85.5%
2024-12-190.630.78+23.3%

Quarterly revenue

QuarterRevenueYoY
2026-05-31$11.0B-1.1%
2026-02-28$11.3B–
2025-11-30$12.4B–
2025-08-31$11.7B–
2025-05-31$11.1B–
Analyst actions
Barclays
2026-10-05 · main
Overweight → Overweight
PT $37
Freedom Broker
2026-10-02 · up
Sell → Buy
PT $51
UBS
2026-10-02 · main
Neutral → Neutral
PT $34
Telsey Advisory Group
2026-10-02 · main
Market Perform → Market Perform
PT $35
Citigroup
2026-10-02 · main
Neutral → Neutral
PT $32
Morgan Stanley
2026-10-02 · main
Underweight → Underweight
PT $27

Recent dividends

2026-09-01: $0.410 · 2026-06-01: $0.410 · 2026-03-02: $0.410 · 2025-12-01: $0.410 · 2025-09-02: $0.400 · 2025-06-02: $0.400 · 2025-03-03: $0.400 · 2024-12-02: $0.400
Insider trades
Alagirisamy Venkatesh
EVP: CHIEF OPERATING OFFICER · 2026-09-09
SELL
$138.0K
Leinwand Robert
EVP: Chief Legal Officer · 2026-09-09
SELL
$137.1K
Mccartney Philip
EVP: CHIEF INN,PROD&DSG OFCR · 2026-09-09
SELL
$96.2K
Montagne Amy
PRESIDENT, NIKE · 2026-08-07
SELL
$204.7K
Friend Matthew
EVP: CFO · 2026-08-05
SELL
$102.5K
Mccartney Philip
EVP: CHIEF INN,PROD&DSG OFCR · 2026-08-05
SELL
$21.8K
Alagirisamy Venkatesh
EVP: CHIEF OPERATING OFFICER · 2026-08-05
SELL
$37.0K
Leinwand Robert
EVP: Chief Legal Officer · 2026-08-05
SELL
$34.2K
None
None · None
SELL
–
None
None · None
SELL
–
None
None · None
SELL
–
None
None · None
SELL
–

Stats refreshed 2026-10-20 18:08:35 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

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Beta 0.9 · Oct 21, 2026