LI
Li Auto Inc.
LI's outlook is improving, though it still trails on the overall score.
NKE
NIKE, Inc.
NKE has the edge over LI overall, supported by stronger fundamentals and stronger valuation.
LI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Strong |
LI's balance sheet is currently strong, but its revenue, 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.
LI PE Valuation
LI 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.
LI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
LI 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.
LI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.69 | -162% |
| Q1 2026 | -$0.28 | -125% |
| Q4 2025 | $0.15 | -87% |
| Q3 2025 | $0.63 | -56% |
| Q2 2025 | $1.12 | -21% |
| Q1 2025 | $1.12 | -30% |
| Q4 2024 | $1.12 | -32% |
| Q3 2024 | $1.42 | +60% |
LI has swung to a loss: it lost $0.69 per share over the past year, after a profit the year before.
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 LI on earnings quality, reporting a profit while its opponent remains loss making.
LI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.8B | -16% |
| Q1 2026 | $3.4B | -12% |
| Q4 2025 | $4.3B | -32% |
| Q3 2025 | $4.1B | -37% |
| Q2 2025 | $4.6B | -4.1% |
| Q1 2025 | $3.9B | +1.4% |
| Q4 2024 | $6.3B | +2.6% |
| Q3 2024 | $6.5B | +24% |
LI's revenue has slid since its 2024 peak: $3.8B last quarter, down 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -8.6% | -10 points |
| Q1 2026 | -13% | -14 points |
| Q4 2025 | -1.9% | -9.8 points |
| Q3 2025 | -4.7% | -12 points |
| Q2 2025 | 1.8% | +0.7 points |
| Q1 2025 | 1.1% | +4 points |
| Q4 2024 | 8% | +0.7 points |
| Q3 2024 | 7.7% | +1.1 points |
LI's operating margin was −8.6% last quarter, down 10 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 LI 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 LI on profitability, with a higher operating margin.
LI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$195.2M | +$505.8M |
| Q1 2026 | -$1.1B | -$888.5M |
| Q4 2025 | $142.7M | -84% |
| Q3 2025 | -$952.9M | -170% |
| Q2 2025 | -$701M | -$165.9M |
| Q1 2025 | -$220.2M | +$538.4M |
| Q4 2024 | $909.3M | -59% |
| Q3 2024 | $1.4B | -32% |
LI's free cash flow was −$2.1B over the past year, against $1.3B 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 LI on cash generation, producing positive trailing cash flow while its opponent burns cash.
LI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -6.7M shares |
| 1 year | -6% | -64.2M shares |
| 3 years | -4.4% | -46.3M shares |
| 5 years | +11% | +102M shares |
| Available history | +11% | +102M shares |
LI has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
LI hasn't bought back shares in the past year.
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.
LI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -9.2x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.7x | Net Cash |
| Q2 2025 | -2.5x | Net Cash |
| Q1 2025 | -2.9x | Net Cash |
| Q4 2024 | -4.0x | Net Cash |
| Q3 2024 | -5.2x | Net Cash |
| Q2 2024 | -5.8x | Net Cash |
LI 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).
LI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.0 | Neutral |
| Stochastic | 41.3 | Neutral |
LI's weekly RSI is 42 (neutral) and its Stochastic is 41 (neutral).
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).
LI PE vs Consumer Cyclical Sector
| Metric | LI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
LI 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.
LI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.5 | 2% above |
| 20 week MA | $12.0 | 2.9% below |
| 50 week MA | $15.0 | 22% below |
| 100 week MA | $20.0 | 41% below |
| 200 week MA | $24.4 | 52% below |
LI has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% 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 bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
LI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $29.3 | +83% |
| 2021 | $29.3 | $30.4 | +3.8% |
| 2022 | $30.4 | $18.8 | -38% |
| 2023 | $18.8 | $37.4 | +99% |
| 2024 | $37.4 | $25.5 | -32% |
| 2025 | $25.5 | $17.4 | -32% |
| 2026 YTD | $17.4 | $11.7 | -33% |
LI 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.