Added to YB: 2026-10-16
Pitch date: 2026-10-14
NKE [neutral]
NIKE, Inc.
+3.2%
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
$35.99
Price Target
42.98 (+16%)
Dividend
4.64%
EV/EBITDA
9.13
P/E
16.92
EV/Sales
1.20
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
The Waffle Iron and the Garden Hose - NIKE, Inc.
NKE (hold): Nike’s performance categories are recovering, but weak lifestyle franchises, strained channels and deteriorating cash flow leave the turnaround incomplete. At $35.35, shares are 1.05x probability-weighted intrinsic value of $33.53 and roughly match the $35.89 base case; fiscal 2027 guidance calls for a high-single-digit revenue decline and $1.15-$1.35 adjusted EPS. Existing positions should be held but not increased, with a preferred entry near $23.47 on unchanged fundamentals, also requiring technical confirmation; execution remains the main risk.
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