NKE
NIKE, Inc.
NKE has lower modeled downside risk, despite its lower overall score.
RSI
Rush Street Interactive, Inc.
RSI has a slight edge over NKE overall, supported by stronger fundamentals and stronger modeled upside.
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.
RSI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Strong |
RSI's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
RSI PE Valuation
RSI 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.
RSI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
RSI 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% |
RSI has the stronger earnings trend. Trailing diluted EPS is up 7.2% for NKE versus RSI up 1,200%.
RSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.73 | +179% |
| Q3 2025 | $0.26 | +$0.28 |
| Q2 2025 | $0.21 | +$0.30 |
| Q1 2025 | $0.09 | +$0.26 |
| Q4 2024 | $0.03 | +$0.30 |
| Q3 2024 | -$0.02 | +$0.37 |
| Q2 2024 | -$0.09 | +$0.34 |
| Q1 2024 | -$0.17 | +$0.31 |
| Q4 2023 | -$0.27 | +$0.34 |
RSI has returned to profit: it earned $0.26 per share over the past year, after losing money 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.
RSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $385.9M | +39% |
| Q2 2026 | $393.8M | +46% |
| Q1 2026 | $370.4M | +41% |
| Q4 2025 | $324.9M | +28% |
| Q3 2025 | $277.9M | +20% |
| Q2 2025 | $269.2M | +22% |
| Q1 2025 | $262.4M | +21% |
| Q4 2024 | $254.2M | +31% |
RSI has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +4 points |
| Q2 2026 | 12% | +2.7 points |
| Q1 2026 | 12% | +6 points |
| Q4 2025 | 8.8% | +4.1 points |
| Q3 2025 | 7% | +4.2 points |
| Q2 2025 | 9% | +7.1 points |
| Q1 2025 | 5.6% | +4.9 points |
| Q4 2024 | 4.8% | +6.6 points |
RSI 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.
RSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $70.3M | +71% |
| Q2 2026 | $51.7M | +102% |
| Q1 2026 | $19.9M | -30% |
| Q4 2025 | $68.9M | +168% |
| Q3 2025 | $41.2M | +41% |
| Q2 2025 | $25.6M | +29% |
| Q1 2025 | $28.6M | -6.8% |
| Q4 2024 | $25.7M | +4612% |
RSI 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 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.
RSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.2% | +4.9M shares |
| 1 year | -49% | -116M shares |
| 3 years | +79% | +53.5M shares |
| 5 years | +104% | +61.7M shares |
RSI has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $13.5M |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $2.5M |
| Q1 2025 | $5.2M |
| Q4 2022 | — |
RSI spent $14M buying back its own shares over the past year.
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).
RSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.9x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -2.7x | Net Cash |
| Q3 2025 | -2.5x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.2x | Net Cash |
| Q4 2024 | -4.1x | Net Cash |
RSI has the edge over NKE on leverage, with a lower net debt burden relative to earnings.
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).
RSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 23.5 | Oversold |
| Stochastic | 3.4 | Oversold |
RSI's weekly RSI is 24 (oversold) and its Stochastic is 3 (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.
RSI PE vs Consumer Cyclical Sector
| Metric | RSI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
RSI 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 the edge over RSI on trend strength, trading above more of its moving averages.
RSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.2 | 27% below |
| 20 week MA | $23.2 | 49% below |
| 50 week MA | $22.6 | 48% below |
| 100 week MA | $19.0 | 38% below |
| 200 week MA | $12.6 | 6.4% below |
RSI is in a downtrend: it's below all five of its weekly moving averages, and 6.4% below its 200-week average.
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 the edge over RSI on returns for 2026, with the stronger performance.
RSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.62 | $23.9 | +149% |
| 2021 | $23.9 | $17.0 | -29% |
| 2022 | $17.0 | $3.02 | -82% |
| 2023 | $3.02 | $4.49 | +49% |
| 2024 | $4.49 | $13.7 | +206% |
| 2025 | $13.7 | $19.5 | +42% |
| 2026 YTD | $19.5 | $11.8 | -39% |
RSI's yearly returns have swung widely, from +206% in 2024 to −82% in 2022. It's down 39% so far in 2026.