NKE
NIKE, Inc.
NKE's fundamentals are mixed, but it looks cheap: trading at 18x earnings, below its usual 33x. Analysts expect earnings to hold roughly steady, though they disagree widely on how much.
XELB
Xcel Brands, Inc.
There isn't enough reported data to score XELB yet.
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.
XELB Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Strong |
XELB's balance sheet is currently strong, but its revenue, profitability and cash flow 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.
XELB PE Valuation
XELB 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.
XELB Forward outlook
There aren't enough analyst estimates for XELB to show an outlook.
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 stronger earnings trend. Trailing diluted EPS is up 7.2% for NKE versus XELB down 236%.
XELB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2025 | -$14.01 | -$3.71 |
| Q2 2025 | -$15.89 | -$6.89 |
| Q1 2025 | -$14.13 | -$3.23 |
| Q4 2024 | -$16.05 | -$5.35 |
| Q3 2024 | -$10.30 | -$0.10 |
| Q2 2024 | -$9.00 | +$0.70 |
| Q1 2024 | -$10.90 | -$7.80 |
| Q4 2023 | -$10.70 | -$8.70 |
XELB lost $14.01 per share over the past year, a bigger loss than 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 has the edge over XELB 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 XELB on profitability, with a higher operating margin.
XELB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.1M | -15% |
| Q1 2026 | $1.1M | -14% |
| Q4 2025 | $1.2M | -3.4% |
| Q3 2025 | $1.1M | -42% |
| Q2 2025 | $1.3M | -55% |
| Q1 2025 | $1.3M | -39% |
| Q4 2024 | $1.2M | -47% |
| Q3 2024 | $1.9M | -27% |
XELB's revenue has slid since its 2019 peak: $1M last quarter, down 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -141% | -16 points |
| Q1 2026 | -165% | -0.5 points |
| Q4 2025 | -167% | +366 points |
| Q3 2025 | -666% | -191 points |
| Q2 2025 | -125% | -136 points |
| Q1 2025 | -164% | +120 points |
| Q4 2024 | -533% | -287 points |
| Q3 2024 | -475% | -270 points |
XELB's operating margin was −141% last quarter, down 16 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% |
XELB has the stronger cash trend. Its trailing FCF is down 16% versus its history, compared with NKE at down 52%.
XELB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$1.8M | -$418K |
| Q3 2025 | -$1.4M | -$966K |
| Q4 2024 | -$1.4M | +$2.3M |
| Q3 2024 | -$432K | +$913K |
| Q4 2023 | -$3.7M | -$571K |
| Q3 2023 | -$1.3M | +$1.1M |
| Q2 2023 | $1.4M | +$9.3M |
| Q1 2023 | -$3M | -$2.1M |
XELB has burned cash in most quarters: −$7M over the past year, against −$7M 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 XELB 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.
XELB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.3% | +256K shares |
| 1 year | +159% | +3.8M shares |
| 3 years | +214% | +4.2M shares |
| 5 years | +220% | +4.2M shares |
| Available history | +225% | +4.3M shares |
XELB has 6M diluted shares, up 159% from a year ago, despite $190,000 in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $56,000 |
| Q1 2026 | $46,000 |
| Q4 2025 | $82,000 |
| Q3 2025 | $6,000 |
| Q2 2025 | $58,000 |
| Q1 2025 | $58,000 |
| Q4 2022 | — |
| Q3 2022 | — |
XELB spent $190,000 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).
XELB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2023 | -0.8x | Net Cash |
| Q4 2019 | 11.0x | High |
| Q3 2019 | 1.9x | Healthy |
XELB has more cash than debt.
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).
XELB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.2 | Oversold |
| Stochastic | 11.5 | Oversold |
XELB's weekly RSI is 27 (oversold) and its Stochastic is 12 (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.
XELB PE vs Consumer Cyclical Sector
| Metric | XELB | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
XELB 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 XELB on trend strength, trading above more of its moving averages.
XELB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.50 | 30% below |
| 20 week MA | $0.88 | 60% below |
| 50 week MA | $1.36 | 74% below |
| 100 week MA | $1.87 | 81% below |
| 200 week MA | $5.57 | 94% below |
XELB is in a downtrend: it's below all five of its weekly moving averages, and 94% 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 XELB on returns for 2026, with the stronger performance.
XELB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $11.4 | -29% |
| 2021 | $11.4 | $12.0 | +5.3% |
| 2022 | $12.0 | $7.40 | -38% |
| 2023 | $7.40 | $12.9 | +74% |
| 2024 | $12.9 | $4.85 | -62% |
| 2025 | $4.85 | $1.37 | -72% |
| 2026 YTD | $1.37 | $0.35 | -74% |
XELB has finished lower in four of the last six years. It's down 74% so far in 2026.