Nike, Inc. - Ordinary Shares - Class B

Nike, Inc. - Ordinary Shares - Class B

NKE

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Market Cap$60.24B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Nike, Inc. - Ordinary Shares - Class BNike, Inc. - Ordinary Shares - Class B26.84%16%1.40.8

Earnings Call Q4 2026

June 30, 2026 - AI Summary

FY26 performance: flat revenue, margin expansion driven by tariff benefit (but underlying weaker) - Revenue: Flat on a reported basis (down 2% currency-neutral) for the full year. - Q4 revenue: -1% reported / -4% currency-neutral. - Gross margin: 42.9% full-year (+20 bps YoY); Q4 gross margin 49.2% (+890 bps YoY)—massively boosted by a one-time IEPAA incremental tariff recovery benefit of $986M in Q4 (and a 210 bps full-year benefit). - Underlying (ex-tariff) gross margin: Q4 would have been ~40.2% (instead of 49.2%); EPS would have been $0.20 in Q4 (instead of reported $0.72). - EPS: $2.10 diluted FY26 (-3% YoY); ex-tariff EPS would have been $1.58.
Demand picture: performance sports improving, but Sportswear/Jordan streetwear still pressured - Performance momentum: Continued strength with performance growing mid-single digits in FY26 and positive YOY retail comps in running/training/global football. - Running standout: 5 consecutive quarters of double-digit growth in Nike Running and ~$1B added to the running business; +5 points of running market share in statement footwear across Western Europe & North America. - Sportswear & Jordan weakness: Management explicitly called out ongoing sell-through challenges in Nike Sportswear and Jordan streetwear, driving current discounting and weaker future order books. - Macro pressure: “More complex” environment—added pressure on traffic and discretionary spending globally, weighing on sportswear more than performance.
Operations & strategy: “Win Now” + sport offense; integrated marketplace improvements - Win Now progress: Structural improvements across culture, product innovation, brand strength, and consumer service; moved ~8,000 teammates into vertical sport teams under the “sport offense” operating model. - Integrated marketplace (wholesale + Nike Direct): - Wholesale revenue FY26 +4% (led by double-digit North America growth). - Wholesale physical refresh: 15,000+ wholesale spaces refreshed. - Nike Direct: Management emphasized less discounting and premiumization; 150+ stores elevated with sport-led experiences. - Digital discounting reduced: “Discounting less on Nike Digital”; also plan to elevate ~50% of Nike Direct owned fleet by end of FY27 (time needed to see full impact). - Product innovation pipeline: Expected “first time across all sports” Nike Mind innovation to show in Spring 27; multiple new tech/launches highlighted (e.g., running/football innovations).

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$50.67

Target Price by Analysts

14.9% upsideNike Target Price DetailsTarget Price
$43.85

Current Fair Value

0.6% downside

Overvalued by 0.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$60.24 Billion
Enterprise Value$65.04 Billion
Dividend Yield$1.63 (4.00%)
Earnings per Share$2.17
Beta1.12
Outstanding Shares1,478,900,000

Return

Return on Equity15.97%ROE
Return on Assets6.07%
Return on Invested Capital10.70%

Valuation & Multiples

P/E Ratio26.81P/E Ratio
PEG-77.69PEG
Price to Sales1.42Price to Sales
Price to Book Ratio4.9Price to Book Ratio
Enterprise Value to Revenue1.4
Enterprise Value to EBIT23.17
Enterprise Value to Net Income28
Total Debt to Enterprise0.18
Debt to Equity0.81Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
June 30, 2026
EPS Estimate
$0.11
Average shareholder expectation
Revenue Estimate
$10.85 B
Average shareholder expectation

Next Earnings Call

Expected Date
September 29, 2026
EPS Estimate
$0.45
Average shareholder expectation
Revenue Estimate
$11.38 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.4221 12.22%
Total Calls41,228,521 12.02%
Total Puts58,631,556 3.74%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %63.97% 4.59%
Total Invested$49.87B 19.33%
Investors Holding2,024 159.00%

ESG Score

No data

About Nike, Inc.

75,400 employees
CEO: John Donahoe

NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholl...

Relevant Senate Committees

Joint Committee on Taxation

This committee's role in assisting tax-writing committees and providing revenue estimates directly influences the development and scoring of tax legislation that can significantly impact Nike's corporate tax burden and financial planning.

Finance

This committee controls taxation (corporate tax rates, import/export duties) and trade policy (tariffs, trade agreements), which directly and significantly impact Nike's global supply chain costs, profitability, and market access.

Health, Education, Labor, and Pensions

Labor laws, including minimum wage, working conditions, and union regulations, directly affect Nike's manufacturing operations (both domestic and through its supply chain) and its retail workforce costs.

Judiciary

Intellectual property protection (trademarks, patents, designs) is critical for a brand like Nike. This committee's oversight of antitrust laws and intellectual property directly impacts Nike's ability to protect its brand and compete.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, consumer protection (FTC), and advertising standards, which are highly relevant to Nike as a major consumer brand with extensive marketing and distribution networks.

Foreign Relations

Nike is a global company with extensive international supply chains, manufacturing operations, and sales markets. Foreign policy, trade agreements, and sanctions directly impact its ability to source materials, produce goods, and sell products globally.