NKE
NIKE, Inc.
NKE has lower modeled downside risk, despite its lower overall score.
OPLN
OPENLANE, Inc.
OPLN has the edge over NKE overall, supported by stronger fundamentals.
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.
OPLN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Healthy |
OPLN's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
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.
OPLN PE Valuation
OPLN has no meaningful PE right now: it lost money over the past year.
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.
OPLN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for OPLN, with profitability holding steady.
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 OPLN on earnings quality, reporting a profit while its opponent remains loss making.
OPLN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.66 | — |
| Q3 2026 | -$0.74 | -185% |
| Q2 2026 | -$0.85 | -215% |
| Q4 2021 | $0.12 | +$0.35 |
| Q3 2021 | -$0.05 | -136% |
| Q2 2021 | $0.28 | +56% |
| Q1 2021 | $0.00 | -100% |
| Q4 2020 | -$0.23 | -122% |
OPLN has swung to a loss: it lost $0.74 per share over the past year, after a profit the year before.
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's revenue fell from its 2023 peak and has held roughly level since: $11.2B last quarter, down 4.3% from the same quarter a year ago.
| 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's operating margin was 8.2% last quarter, about level with the same quarter a year ago.
OPLN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $561.2M | +13% |
| Q2 2026 | $554.6M | +15% |
| Q1 2026 | $527.9M | +15% |
| Q4 2025 | $494.3M | +8.6% |
| Q3 2025 | $498.4M | +11% |
| Q2 2025 | $481.7M | +12% |
| Q1 2025 | $460.1M | +11% |
| Q4 2024 | $455M | +16% |
OPLN has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +1.5 points |
| Q2 2026 | 12% | +2.3 points |
| Q1 2026 | 14% | +2.7 points |
| Q4 2025 | 8.6% | -8.8 points |
| Q3 2025 | 11% | -5.3 points |
| Q2 2025 | 9.8% | -3.1 points |
| Q1 2025 | 11% | -5.4 points |
| Q4 2024 | 17% | +2.7 points |
OPLN has the edge over NKE on profitability, with a higher operating margin.
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 usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
OPLN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $83.3M | +45% |
| Q2 2026 | $39M | -32% |
| Q1 2026 | $146.5M | +32% |
| Q4 2025 | $110.8M | +493% |
| Q3 2025 | $57.6M | -47% |
| Q2 2025 | $57.4M | +134% |
| Q1 2025 | $110.7M | +27% |
| Q4 2024 | $18.7M | +117% |
OPLN has the edge over NKE on cash flow, with more consistent year-over-year improvement.
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 the edge over OPLN on shareholder dilution, with a more favorable share count trend.
| 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.
OPLN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7% | +8.2M shares |
| 1 year | +16% | +17.1M shares |
| 3 years | +7.8% | +9.1M shares |
| 5 years | -3% | -3.9M shares |
| Available history | -5.6% | -7.5M shares |
OPLN has 125M diluted shares, up 16% from a year ago, despite $101M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $43.3M |
| Q2 2026 | $22.5M |
| Q1 2026 | $25.7M |
| Q4 2025 | $9.8M |
| Q3 2025 | $26.4M |
| Q2 2025 | $9.3M |
| Q1 2025 | $100,000 |
| Q4 2024 | — |
OPLN spent $101M buying back its own shares over the past year, up 183% from the year before.
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 has the edge over OPLN on leverage, with a lower net debt burden relative to earnings.
OPLN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.8x | Very low |
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 1.2x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | 0.2x | Very low |
OPLN's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
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).
OPLN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.6 | Neutral |
| Stochastic | 32.5 | Neutral |
OPLN's weekly RSI is 48 (neutral) and its Stochastic is 33 (neutral).
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.
OPLN PE vs Consumer Cyclical Sector
| Metric | OPLN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
OPLN has no meaningful PE right now: it lost money over the past year.
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.
OPLN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.2 | 4.1% below |
| 20 week MA | $36.7 | 5.4% below |
| 50 week MA | $33.6 | 3.3% above |
| 100 week MA | $28.5 | 22% above |
| 200 week MA | $22.2 | 57% above |
OPLN has the edge over NKE on trend strength, trading above more of its moving averages.
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.
OPLN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.6 | $18.2 | -16% |
| 2021 | $18.2 | $15.5 | -15% |
| 2022 | $15.5 | $12.8 | -18% |
| 2023 | $12.8 | $14.8 | +16% |
| 2024 | $14.8 | $20.1 | +36% |
| 2025 | $20.1 | $31.0 | +54% |
| 2026 YTD | $31.0 | $34.7 | +12% |
OPLN has the edge over NKE on returns for 2026, with the stronger performance.