Added to YB: 2026-10-07
Pitch date: 2026-10-02
NKE [bullish]
NIKE, Inc.
+9.82%
current return
Author Info
No bio for this author
Company Info
NIKE, Inc., together with its subsidiaries, 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.
Market Cap
$52.5B
Pitch Price
$33.82
Price Target
51.27 (+38%)
Dividend
4.64%
EV/EBITDA
9.13
P/E
16.92
EV/Sales
1.20
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Nike: The Defense Holds, the Offense Is Unproven
NKE: Nike’s defensive turnaround is working, but the offense remains unproven. At $31.50, the shares sit below a 10%-discount-rate DCF range of $43.99-$51.27, whose $47.50 median assumes EBIT margin recovers from 5.2% in FY2027 to 13% by FY2032. Gross margin and costs are improving, but nine quarters without currency-neutral growth, broad share losses and shrinking Sportswear, Jordan and China sales put that margin recovery at risk.
Read full article (9 min)