NIKE, Inc. (NKE) AI Stock Analysis

NIKE, Inc. designs, develops, and globally markets athletic footwear, apparel, equipment, and accessories for men, women, and children. Its portfolio includes athletic and casual products under brands like Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell. The company also sells performance equipment such as bags, socks, sport balls, eyewear, protective gear, and licensed apparel from collegiate and professional teams. Products are distributed through NIKE-owned retail stores, digital platforms, independent distributors, licensees, specialty athletic retailers, and department stores. Headquartered in Beaverton, Oregon, the company employs 73,000 people.

NIKE generated revenue of $46.40B in FY2026, up 0.2% after a 9.8% decline in FY2025 from $51.36B in FY2024. Over five years from FY2021 to FY2026, revenue CAGR was 0.8%. Net income reached $3.11B in FY2026, resulting in a net margin of 6.7% and EPS of $1.57, compared to net income of $6.05B and EPS of $3.76 in FY2022. Gross margin was 42.9% in FY2026, down from 46.0% in FY2022. For the trailing twelve months ended August 31, 2026, revenue stood at $45.89B, with quarterly revenue falling 4.3% and quarterly earnings declining 2.1% year-over-year.

As of August 31, 2026, NIKE held $8.37B in cash and short-term investments against total debt of $11.07B, yielding net debt of $2.70B. Total assets were $37.79B and shareholders' equity was $15.22B, with a debt-to-equity ratio of 0.73 and a current ratio of 2.07. In FY2026, operating cash flow was $2.87B and free cash flow was $2.18B. During that year, the company allocated $684.0M to capital expenditures, $146.0M to share buybacks, and $2.41B to dividends paid.

NIKE carries a market cap of $55.15B and an enterprise value of $55.56B. Its trailing P/E of 17.9x sits below the 20.1x median of its S&P 500 Consumer Cyclical peers, but its forward P/E of 21.0x trades at a premium to the peer median of 15.6x. The company trades at an EV/EBITDA of 12.1x compared to the peer median of 13.8x, and a price-to-sales of 1.2x versus 2.0x for peers. Over the past year, NKE returned -42.6%, trailing the 16.8% return of the S&P 500 (SPY). Over five years, the stock returned -74.2% while SPY returned 83.0%.

NIKE pays a quarterly dividend with an annualized forward rate of $1.64 per share, translating to a dividend yield of 4.42%. The company has paid dividends for 41 consecutive years, delivering a 5-year annualized dividend growth rate of 9.8%. However, its dividend payout ratio stands at 105.1%, and dividends paid totaled $2.41B in FY2026 against free cash flow of $2.18B. Its last ex-dividend date was September 1, 2026.

Analyst ratings on NIKE include 9 Strong Buy, 1 Buy, 25 Hold, 3 Sell, and 4 Strong Sell recommendations. The mean price target is $36.51, representing a 1.7% discount from the last close of $37.13. For the fiscal year ending May 31, 2027, consensus estimates forecast EPS of $1.25 on revenue of $42.81B. For the following fiscal year, 39 analysts project EPS of $1.57 and revenue of $43.36B. NIKE beat EPS estimates in each of the last 4 quarters.

This page is an AI-written research summary of NIKE, Inc. (NKE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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