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Model output · Signal date 2026-10-16
Nike, Inc. (NKE) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
▼ Bearish
Exact rating locked
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Bottom 35%
of 5184 stocks scored
Rank correlation · 90D
36.0%
Spearman, 357 dates
Market Cap
$55.15B
large-cap
Summary
Nike, Inc. (NKE) stock forecast summary
Our AI ranks Nike, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Nike, Inc. is a large-cap company with a market capitalization of $55.15B.
For NKE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 36.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 17.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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NKE price chart and AI forecast
Cross-section · 2026-10-16
How NKE ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-08-31
Nike, Inc. (NKE) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Rubber & Plastics Footwear peers listed below that report each metric.
Valuation & Market
| Metric | NKE | Rank |
|---|---|---|
| Market Cap | $55.15B | – |
| P/E Ratio | 17.77x | – |
| P/B Ratio | 4.28x | – |
| Dividend Yield | 4.40% | – |
| EPS | $2.09 | – |
| Book Value/Share | $8.68 | – |
| Revenue/Share | $30.90 | – |
| FCF/Share | $1.42 | – |
Profitability & Margins
| Metric | NKE | Rank |
|---|---|---|
| Gross Margin | 43.1% | – |
| EBT Margin | 11.6% | – |
| Tax Rate | 20.7% | – |
Financial Health
| Metric | NKE | Rank |
|---|---|---|
| Current Ratio | 2.07x | – |
| Quick Ratio | 1.39x | – |
| D/E Ratio | 0.61x | – |
| Working Capital | $12.26B | – |
Cash Flow
| Metric | NKE | Rank |
|---|---|---|
| Operating Cash Flow | $2.78B | – |
| Free Cash Flow | $2.10B | – |
| Capital Spending | -$676M | – |
| OCF Growth YoY | -21.1% | – |
| FCF Growth YoY | -30.0% | – |
| FCF/Sales | 4.6% | – |
| CapEx/Sales | 1.5% | – |
Operational Efficiency
| Metric | NKE | Rank |
|---|---|---|
| Receivables Turnover | 8.8x | – |
| Inventory Turnover | 3.3x | – |
| Fixed Assets Turnover | 9.4x | – |
| Days Sales Outstanding | 42 days | – |
| Days Inventory | 110 days | – |
| Payables Period | 48 days | – |
| Cash Conversion Cycle | 104 days | – |
Income Statement
| Metric | NKE | Rank |
|---|---|---|
| Total Revenue | $45.89B | – |
| SG&A Expense | $16.01B | – |
| Cost of Goods Sold | $26.12B | – |
Dividend & Shareholder Information
| Metric | NKE | Rank |
|---|---|---|
| Dividends Per Share | $1.63 | – |
| Payout Ratio | 78.0% | – |
| Shares Outstanding | 1485M | – |
| EPS Growth | 7.2% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $23.67B | |
| Cash & Short-term Investments | $6.90B | 33.2% of assets |
| Accounts Receivable | $5.24B | 25.2% of assets |
| Inventory | $7.85B | 37.8% of assets |
| Total Liabilities | $7.87B | 37.9% of assets |
| Short-term Debt | $7.99B | 38.5% of assets |
Quarterly Financial Reports
NKE quarterly financials and insider trading
Industry Peers · Rubber & Plastics Footwear
Nike, Inc. (NKE) industry peers
Companies classified under the same SEC industry code as Nike, Inc. (Rubber & Plastics Footwear): 5 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up freeWhere NKE sits on the market map
Manufacturing · Rubber & Plastics Footwear
News
Nike, Inc. (NKE) stock news
Nike, Moderna, Walmart get a lift as traders flee AI stocks
Shares of Nike Inc. NKE, Moderna Inc. MRNA and Walmart Inc. WMT climbed Thursday as money flowed out of tech and AI stocks ...
Nike Stock Surged 5% on Thursday. Here’s Where Shares Could Go in 2026
Week Range: $32 to $70Wall Street Target Price: Around $38Implied Price Upside: 2%What Happened?Nike Inc. (NYSE: NKE) stock surged about 5% on Thursday, October 15, finishing near $37 per share, as ...
FAQ
Nike, Inc. (NKE) stock forecast FAQ
What is the Nike, Inc. (NKE) stock forecast?
Our AI ranks Nike, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Nike, Inc. stock predictions?
For NKE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 36.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 17.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Nike, Inc. forecasts updated?
Nike, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Nike, Inc.'s industry peers?
5 issuers in our coverage, NKE included, share the SEC industry code Rubber & Plastics Footwear. The largest are: Deckers Outdoor Corp (DECK), On Holding Ag (ONON), Crocs, Inc. (CROX), Silverton Energy, Inc. (SLTN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.