NKE
NIKE, Inc.
NKE has the edge over RDNW overall, supported by stronger valuation.
RDNW
RideNow Group, Inc.
RDNW offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
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.
RDNW Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Under pressure | |
| Weak |
RDNW's profitability is currently stable, but its revenue, cash flow and balance sheet are 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.
RDNW PE Valuation
RDNW has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 50x next year's earnings.
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.
RDNW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Stable | |
| Improving | |
| Limited | |
| High |
RDNW has the edge over NKE on the outlook, with more favorable earnings and revenue expectations.
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 RDNW on earnings quality, reporting a profit while its opponent remains loss making.
RDNW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.09 | — |
| Q3 2026 | -$0.47 | +$2.34 |
| Q2 2026 | -$0.22 | +$2.80 |
| Q1 2026 | -$1.23 | +$0.96 |
| Q4 2025 | -$1.38 | +$0.84 |
| Q3 2025 | -$2.81 | +$7.12 |
| Q2 2025 | -$3.02 | +$7.57 |
| Q1 2025 | -$2.19 | +$9.21 |
| Q4 2024 | -$2.22 | +$9.93 |
RDNW is still losing money, but far less than before: $0.47 per share over the past year, against $43.38 at its worst in early 2020.
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 RDNW on sales, with more consistent year-over-year improvement.
| 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 RDNW on profitability, with a higher operating margin.
RDNW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $244.3M | -13% |
| Q2 2026 | $296.8M | -1% |
| Q1 2026 | $260.4M | +6.4% |
| Q4 2025 | $256.9M | -4.7% |
| Q3 2025 | $281M | -4.7% |
| Q2 2025 | $299.9M | -11% |
| Q1 2025 | $244.7M | -21% |
| Q4 2024 | $269.6M | -13% |
RDNW's revenue fell from its 2022 peak and has held roughly level since: $244M last quarter, down 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.7% | -1.6 points |
| Q2 2026 | 6% | +12 points |
| Q1 2026 | 2.9% | +1.4 points |
| Q4 2025 | 2.1% | +17 points |
| Q3 2025 | 3.4% | +1.6 points |
| Q2 2025 | -6.3% | -11 points |
| Q1 2025 | 1.6% | -0.1 points |
| Q4 2024 | -15% | +7.2 points |
RDNW's operating margin was 1.7% last quarter, down 1.6 points from the same quarter a year ago.
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 RDNW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDNW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$14.4M | -253% |
| Q2 2026 | -$1.6M | -119% |
| Q1 2026 | -$28.2M | -$20.8M |
| Q4 2025 | -$200K | -101% |
| Q3 2025 | $9.4M | -76% |
| Q2 2025 | $8.5M | -68% |
| Q1 2025 | -$7.4M | -470% |
| Q4 2024 | $30.4M | +$55.9M |
RDNW has burned cash in most quarters: −$44M over the past year, against $41M the year before.
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 RDNW 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.
RDNW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -3K shares |
| 1 year | +2.4% | +901K shares |
| 3 years | +134% | +22.3M shares |
| 5 years | +461% | +32M shares |
| Available history | +3394% | +37.8M shares |
RDNW has 39M diluted shares, up 2.4% from a year ago.
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 RDNW on leverage, with a lower net debt burden relative to earnings.
RDNW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.4x | High |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 14.8x | High |
| Q4 2025 | 20.2x | High |
| Q3 2022 | 1.3x | Healthy |
| Q2 2022 | 1.1x | Healthy |
| Q1 2022 | 2.7x | Moderate |
| Q1 2021 | 96.2x | High |
RDNW's net debt is about 4.4 years of its operating earnings (EBITDA), up from 1.3 years 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).
RDNW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.2 | Neutral |
| Stochastic | 13.8 | Oversold |
RDNW's weekly RSI is 44 (neutral) and its Stochastic is 14 (oversold).
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.
RDNW PE vs Consumer Cyclical Sector
| Metric | RDNW | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
RDNW 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.
RDNW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.23 | 10% below |
| 20 week MA | $6.35 | 26% below |
| 50 week MA | $4.35 | 8% above |
| 100 week MA | $4.49 | 4.7% above |
| 200 week MA | $7.23 | 35% below |
RDNW 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.
RDNW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.7 | $30.2 | +70% |
| 2021 | $30.2 | $39.7 | +31% |
| 2022 | $39.7 | $6.45 | -84% |
| 2023 | $6.45 | $8.14 | +26% |
| 2024 | $8.14 | $5.48 | -33% |
| 2025 | $5.48 | $5.30 | -3.3% |
| 2026 YTD | $5.30 | $4.70 | -11% |
RDNW has the edge over NKE on returns for 2026, with the stronger performance.