GRWG
GrowGeneration Corp.
GRWG offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
NKE
NIKE, Inc.
NKE has the edge over GRWG overall, supported by stronger valuation and lower modeled downside.
GRWG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
GRWG's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
GRWG PE Valuation
GRWG has no meaningful PE right now: it lost money over the past year.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE's PE is in its cheap range at 18x. On analysts' estimates for next year's earnings, today's price would be 30x, in its fair range.
GRWG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
GRWG has the edge over NKE on the outlook, with more favorable earnings and revenue expectations.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
GRWG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.23 | +$0.44 |
| Q2 2026 | -$0.27 | +$0.55 |
| Q1 2026 | -$0.32 | +$0.52 |
| Q4 2025 | -$0.40 | +$0.42 |
| Q3 2025 | -$0.67 | +$0.21 |
| Q2 2025 | -$0.82 | -$0.01 |
| Q1 2025 | -$0.84 | -$0.04 |
| Q4 2024 | -$0.82 | -$0.06 |
GRWG is still losing money, but far less than before: $0.23 per share over the past year, against $2.70 at its worst in early 2023.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE has the edge over GRWG on earnings quality, reporting a profit while its opponent remains loss making.
GRWG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $44.8M | -5.2% |
| Q2 2026 | $43.2M | +5.5% |
| Q1 2026 | $38.4M | +7.5% |
| Q4 2025 | $37.8M | +1% |
| Q3 2025 | $47.3M | -5.5% |
| Q2 2025 | $41M | -23% |
| Q1 2025 | $35.7M | -25% |
| Q4 2024 | $37.4M | -24% |
GRWG's revenue fell from its 2021 peak and has held roughly level since: $45M last quarter, down 5.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.1% | +5.9 points |
| Q2 2026 | -5.4% | +7.5 points |
| Q1 2026 | -14% | +14 points |
| Q4 2025 | -20% | +44 points |
| Q3 2025 | -6% | +18 points |
| Q2 2025 | -13% | -0.7 points |
| Q1 2025 | -28% | -8 points |
| Q4 2024 | -64% | -8.9 points |
GRWG's operating margin was −0.1% last quarter, up 5.9 points from the same quarter a year ago.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE has the edge over GRWG on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE has the edge over GRWG on profitability, with a higher operating margin.
GRWG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $555K | +$1.1M |
| Q2 2026 | $941K | +$3.9M |
| Q1 2026 | -$5M | -$1.2M |
| Q4 2025 | -$2.2M | -305% |
| Q3 2025 | -$499K | -143% |
| Q2 2025 | -$2.9M | -$2.6M |
| Q1 2025 | -$3.8M | -$153K |
| Q4 2024 | $1.1M | +$2.4M |
GRWG's free cash flow was −$6M over the past year, against −$6M the year before.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE has the edge over GRWG on cash generation, producing positive trailing cash flow while its opponent burns cash.
GRWG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -550K shares |
| 1 year | -0.9% | -528K shares |
| 3 years | -3.3% | -2M shares |
| 5 years | -0.4% | -235K shares |
| Available history | +51% | +20M shares |
GRWG has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | $1,000 |
| Q3 2024 | $1.8M |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | $4M |
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
GRWG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2022 | -3.1x | Net Cash |
| Q4 2021 | -1.5x | Net Cash |
| Q3 2021 | -1.8x | Net Cash |
| Q2 2021 | -2.1x | Net Cash |
| Q1 2021 | -4.1x | Net Cash |
| Q4 2020 | -16.3x | Net Cash |
| Q3 2020 | -7.8x | Net Cash |
| Q2 2020 | -5.0x | Net Cash |
GRWG has more cash than debt.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE's net debt is less than a year of its operating earnings (EBITDA).
GRWG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.8 | Neutral |
| Stochastic | 18.6 | Oversold |
GRWG's weekly RSI is 39 (neutral) and its Stochastic is 19 (oversold).
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
GRWG PE vs Consumer Cyclical Sector
| Metric | GRWG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
GRWG has no meaningful PE right now: it lost money over the past year.
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
GRWG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.46 | 16% below |
| 20 week MA | $1.51 | 19% below |
| 50 week MA | $1.44 | 15% below |
| 100 week MA | $1.39 | 12% below |
| 200 week MA | $2.08 | 41% below |
GRWG is in a downtrend: it's below all five of its weekly moving averages, and 41% below its 200-week average.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has the edge over GRWG on trend strength, trading above more of its moving averages.
GRWG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.23 | $41.3 | +876% |
| 2021 | $41.3 | $13.6 | -67% |
| 2022 | $13.6 | $4.26 | -69% |
| 2023 | $4.26 | $2.51 | -41% |
| 2024 | $2.51 | $1.54 | -39% |
| 2025 | $1.54 | $1.61 | +4.5% |
| 2026 YTD | $1.61 | $1.23 | -24% |
GRWG has the edge over NKE on returns for 2026, with the stronger performance.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.