Nike Inc Stock Today

NKE Stock  USD 116.11  0.70  0.61%   


13 of 100


Odds Of Distress

Less than 1

Very Small
Nike is trading at 116.11 as of the 6th of December 2023, a 0.61 percent increase since the beginning of the trading day. The stock's lowest day price was 115.57. Nike has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Nike Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2023 and ending today, the 6th of December 2023. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
2nd of December 1980
Consumer Cyclical
Consumer Discretionary
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells mens, womens, and kids athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. Nike operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. The company has 1.22 B outstanding shares of which 17.19 M shares are now shorted by investors with about 2.04 days to cover. More on Nike Inc

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Nike Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nike's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nike or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Nike's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nike's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOMark Parker
Thematic Ideas
Showing 3 out of 8 themes
SEC FilingsNike Security & Exchange Commission EDGAR Reports
Old NameNIKE Inc
Business ConcentrationTextiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, Dow Jones Industrial, SP 500 Index, SP 100 Index, SP 100, ARCA Institutional, Apparel, Office Supplies, Macroaxis Picks, Corona Opportunity, Millennials Best, Baby Boomer Prospects, Giant Impact, ESG Investing (View all Sectors)
Average Analyst Recommendation
Analysts covering Nike report their recommendations after researching Nike's financial statements, talking to executives and customers, or listening in on Nike's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nike Inc. The Nike consensus assessment is calculated by taking the average forecast from all of the analysts covering Nike.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Nike Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Nike Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted1.5 B1.6 B
Sufficiently Down
Slightly volatile
Weighted Average Shares1.5 B1.6 B
Fairly Down
Slightly volatile
Return on Average Assets0.130.13
Slightly volatile
Net Cash Flow from Operations5.7 B5.8 B
Sufficiently Down
Slightly volatile
Current LiabilitiesB9.3 B
Sufficiently Down
Slightly volatile
Total Liabilities21.2 B23.5 B
Moderately Down
Slightly volatile
Gross Margin0.420.435
Sufficiently Down
Pretty Stable
Total Debt10 B12.1 B
Significantly Down
Slightly volatile
Asset Turnover1.31.309
Slightly Down
Slightly volatile
Current Assets24.1 B25.2 B
Sufficiently Down
Slightly volatile
Total Assets35.3 B37.5 B
Notably Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nike's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Nike's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nike's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Nike's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Nike's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nike's financial leverage. It provides some insight into what part of Nike's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Nike's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Nike deploys its capital and how much of that capital is borrowed.
Nike cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 12.14 B in debt with debt to equity (D/E) ratio of 0.8, which is OK given its current industry classification. Nike Inc has a current ratio of 2.59, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Nike until it has trouble settling it off, either with new capital or with free cash flow. So, Nike's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nike Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nike to invest in growth at high rates of return. When we think about Nike's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

5.65 Billion
Nike Inc (NKE) is traded on New York Stock Exchange in USA. It is located in One Bowerman Drive, Beaverton, OR, United States, 97005-6453 and employs 83,700 people. Nike is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 175.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nike's market, we take the total number of its shares issued and multiply it by Nike's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nike Inc runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 1.22 B outstanding shares of which 17.19 M shares are now shorted by investors with about 2.04 days to cover. Nike Inc has about 7.44 B in cash with 5.84 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.59.
Check Nike Probability Of Bankruptcy
Nike Inc maintains a total of one billion two hundred twenty-four million nine thousand nine hundred eighty-four outstanding shares. The majority of Nike outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nike Inc to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nike Inc. Please pay attention to any change in the institutional holdings of Nike as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Nike Ownership Details

Nike Stock Price Odds Analysis

What are Nike's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Nike jumping above the current price in 90 days from now is near 1%. The Nike Inc probability density function shows the probability of Nike stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Nike has a beta of 0.9464. This indicates Nike Inc market returns are highly-sensitive to returns on the market. As the market goes up or down, Nike is expected to follow. Additionally, the company has an alpha of 0.1944, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 116.11HorizonTargetOdds Above 116.11
99.05%90 days
Based on a normal probability distribution, the odds of Nike to move above the current price in 90 days from now is near 1 (This Nike Inc probability density function shows the probability of Nike Stock to fall within a particular range of prices over 90 days) .

Nike Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Nike that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nike's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nike's value.
InstituionRecorded OnShares
Wells Fargo & Co2023-09-30
13.7 M
Goldman Sachs Group Inc2023-09-30
11.6 M
Jpmorgan Chase & Co2023-09-30
11.3 M
Edgewood Management Llc2023-09-30
10.5 M
Fisher Asset Management, Llc2023-09-30
9.7 M
Bank Of America Corp2023-09-30
9.7 M
T. Rowe Price Associates, Inc.2023-09-30
9.1 M
Jennison Associates Llc2023-09-30
8.5 M
Legal & General Group Plc2023-09-30
8.4 M
Vanguard Group Inc2023-09-30
107.8 M
Blackrock Inc2023-09-30
90.9 M
View Nike Diagnostics

Nike Historical Income Statement

Nike Inc Income Statement is one of the three primary financial statements used for reporting Nike's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nike Inc revenue and expense. Nike Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of December 6, 2023, Direct Expenses is expected to decline to about 23 B. In addition to that, Consolidated Income is expected to decline to about 4.9 B View More Fundamentals

Nike Stock Against Markets

Picking the right benchmark for Nike stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nike stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nike is critical whether you are bullish or bearish towards Nike Inc at a given time. Please also check how Nike's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nike without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Nike Corporate Directors

Nike corporate directors refer to members of a Nike board of directors. The board of directors generally takes responsibility for the Nike's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nike's board members must vote for the resolution. The Nike board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Cathleen BenkoIndependent DirectorProfile
Johnathan RodgersIndependent DirectorProfile
John RogersIndependent DirectorProfile
Peter HenryIndependent DirectorProfile

How to buy Nike Stock?

Before investing in Nike, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nike. To buy Nike stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nike. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nike stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nike Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nike Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nike Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nike Stock please use our How to Invest in Nike guide.

Already Invested in Nike Inc?

The danger of trading Nike Inc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nike is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nike. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nike Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nike Inc is a strong investment it is important to analyze Nike's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nike's future performance. For an informed investment choice regarding Nike Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Nike Stock analysis

When running Nike's price analysis, check to measure Nike's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nike is operating at the current time. Most of Nike's value examination focuses on studying past and present price action to predict the probability of Nike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nike's price. Additionally, you may evaluate how the addition of Nike to your portfolios can decrease your overall portfolio volatility.
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Is Nike's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.