Accueil/NKE

Public research page

Market data comes from the live feed. The company research below uses verified public sources, but it is not a real-time personalized AI conclusion.

Analyze NKE in workspace
NKENYSE/consumer discretionary

NIKE, Inc.

$43.76Down-0.61 (-1.37%)
Research reviewed: 12 juil. 2026, 00:00 UTC
Research overview3-month price contextInvestment thesisKey catalystsLatest earnings researchRecent newsData and research sources

Research overview

NIKE, Inc. operates in Footwear within the consumer discretionary sector. This profile tracks its company-specific earnings drivers, valuation conditions, and primary-source risks.

시가
44.76
고가
44.89
저가
43.67
시가총액
648.04억
PER
20.84
52주 최고가
--
배당
3.700%
분기 배당금
--

3-month price context

Le graphique présente la tendance récente sur 3 mois afin de comprendre la structure court terme avant d’ouvrir le workspace complet.

Investment thesis

Base case
Management's reported progress in performance products can improve brand relevance and support a return to sustainable demand growth. The base case remains conditional on nike direct contraction staying manageable.
Bull case
Management's reported progress in performance products can improve brand relevance and support a return to sustainable demand growth. Fourth-quarter wholesale growth indicates that marketplace-partner relationships can help stabilize revenue while NIKE Direct is reset. Portfolio management, marketplace elevation, and operating-cost actions can improve underlying profitability as the company scales successful products.
Bear case
Continued declines in digital and owned-store revenue show that direct-consumer demand and channel productivity remain under pressure. Revenue declines in Greater China and EMEA can slow the recovery and signal uneven brand momentum outside North America. The expected recovery of IEEPA tariffs accounted for nearly all fourth-quarter gross-margin expansion, obscuring the underlying margin trajectory.
Thesis invalidation
Reassess the thesis if continued declines in digital and owned-store revenue show that direct-consumer demand and channel productivity remain under pressure.

Key catalysts

  • Performance-product progress

    Management's reported progress in performance products can improve brand relevance and support a return to sustainable demand growth.

  • Wholesale recovery

    Fourth-quarter wholesale growth indicates that marketplace-partner relationships can help stabilize revenue while NIKE Direct is reset.

  • Structural efficiency

    Portfolio management, marketplace elevation, and operating-cost actions can improve underlying profitability as the company scales successful products.

Principal risks

  • NIKE Direct contraction

    Continued declines in digital and owned-store revenue show that direct-consumer demand and channel productivity remain under pressure.

  • Geographic weakness

    Revenue declines in Greater China and EMEA can slow the recovery and signal uneven brand momentum outside North America.

  • Nonrecurring margin benefit

    The expected recovery of IEEPA tariffs accounted for nearly all fourth-quarter gross-margin expansion, obscuring the underlying margin trajectory.

Latest earnings research

FY2026 Q4

For the quarter ended May 31, 2026, NIKE reported modest revenue contraction, wholesale growth alongside weaker NIKE Direct sales, and sharply higher reported gross margin and earnings that included a substantial expected IEEPA tariff-recovery benefit.

Valuation interpretation

  • Valuation recovery requires performance-product progress and wholesale momentum to translate into durable, broad-based revenue growth.
  • The reported margin rebound should be normalized for the tariff-recovery benefit, while ongoing Direct and international weakness warrants an execution discount.

Peer research

AMZNHDMCD

Recent news

Zacks · 11시간 전

NIKE's Brand Investments: Building Growth or Hurting Margins?

Stocktwits · 17시간 전

NKE, LULU, UAA, VFC Stocks In Focus: Apparel Giants Lose Billions As Once-Strong Brands Fight For A Comeback

Motley Fool · 18시간 전

Nike Stock Is Down 44% From Its High, and the CEO Has Been Buying Shares. Here's What That Means for Investors.

Motley Fool · 21시간 전

Is The Oil Crisis Over? Or Is It Just Beginning?

Motley Fool · 23시간 전

If You'd Invested $10,000 in Nike a Decade Ago, Here's How Much You'd Have Today (And It's Not Pretty)

Black Enterprise · 어제

Alma Mater Secures Star-Studded Athlete Investor Group Ahead of New Funding Round

Data and research sources

Research updated: 12 juil. 2026, 00:00 UTC
3 verified sources
NIKE, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year ResultsNIKE, Inc. · earningsVerified

Fetched: 12/07/2026 0:00:00 UTC

Published: 30/06/2026 00:00:00

Open original source
NIKE Investor RelationsNIKE, Inc. · companyVerified

Fetched: 12/07/2026 0:00:00 UTC

Open original source
NIKE Form 8-K Reporting Fiscal 2026 Fourth Quarter and Full Year ResultsU.S. Securities and Exchange Commission · filingVerified

Fetched: 12/07/2026 0:00:00 UTC

Published: 30/06/2026 00:00:00

Open original source

Continue in the research workspace

Keep NKE in context, run a multi-agent analysis, and monitor thesis changes.

Analyze NKE free

Explorer tout le système de recherche

Chaque étape remplit une mission précise et produit un résultat vérifiable.

Méthodologie de rechercheLire les rapports de marchéExplorer les actions

Continue researching this stock

Analyste de Marché

Analyste de Marché se concentre sur l’étape Observer au sein de Recherche centrale et prépare le terrain pour les rôles suivants.

Analyste Fondamental

Analyste Fondamental se concentre sur l’étape Observer au sein de Recherche centrale et prépare le terrain pour les rôles suivants.

Analyste Actualités

Analyste Actualités se concentre sur l’étape Observer au sein de Recherche centrale et prépare le terrain pour les rôles suivants.

Responsable Risque

Responsable Risque se concentre sur l’étape Surveiller au sein de Risque et suivi et prépare le terrain pour les rôles suivants.