Nike, Inc. (NKE)
NYSEConsumer DiscretionaryApparel - Footwear & AccessoriesSnapshot 2026-10-16
NYSEConsumer DiscretionaryApparel - Footwear & AccessoriesSnapshot 2026-10-16
Previous published Living FV report summary
Update pending. These are the previous publication’s values, dates and assumptions. A newer calculation has been selected; its matching report is not yet published. This report is not current.
This summary shows published values and their evidence and input disclosures. Expand the evidence sections below to inspect the complete published assumptions and monitoring records.
partial source scope coverage · Financial evidence: questionable · Scope: explicit source sample
Values are USD per common share, conditional on the published operating, funding and return assumptions. A scenario range is not a probability or confidence interval.
Swipe or scroll horizontally to compare Low, Base and High. Keyboard users can focus the table and use the arrow keys.
| Business scope | Bear (Low) | Base | Bull (High) |
|---|---|---|---|
| Value of today’s operating business Current reported operating scale, with the stated tax, funding and return assumptions. | $25.10 | $26.49 | $27.89 |
| Value including the business growth plan The whole company forecast, including initiative effects and the investment needed to deliver them. | $23.49 | $37.25 | $55.25 |
Following: current · Continuing updates: current.
1440 of 1440 published forecast outcomes remain unknown. Publication does not establish forecast accuracy or complete evidence.
These values depend on modeled operations, growth, funding and required return. Company estimates and any disclosed proxy inputs are assumptions, not newly observed company facts. The scenario range does not measure the chance of an outcome.
These are model inputs for the published base case. All scenario paths and all source references remain in the published operating phases below.
Years 1–1
Annual revenue growth: -4% · Operating margin: 4%
Input origin: local model estimate
Years 2–3
Annual revenue growth: 5% · Operating margin: 8%
Input origin: local model estimate
Years 4–6
Annual revenue growth: 6% · Operating margin: 11%
Input origin: local model estimate
Mature annual growth: 3% · Mature operating margin: 11%.
Published maturity basis: The base case assumes a steady return to historical growth rates as product innovation and distribution expansion take hold. The company needs these additional years to fully realize the benefits of the 'Sport Offense' strategy and facility reductions. Mature margins of 11% are coherent with the asset-light model, where capital intensity is low relative to revenue, and cash reserves are minimal due to efficient working capital management.
Exact input bases and proxy disclosures, where supplied, appear under Accounting estimates and Required return below. No supplied entry does not establish that an assumption is unnecessary or evidence is complete.
{
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"maturity": [
{
"basis": "The low scenario assumes a slower recovery where inventory cleanup and brand reset costs persist longer, requiring additional years to stabilize margins. Mature growth is capped at 2% to reflect a defensive market position, with higher marginal capital needs due to less efficient inventory turnover and higher cash reserves for working capital volatility.",
"origin": "LOCAL_MODEL_COMPANY_ESTIMATE",
"scenario": "LOW",
"unknowns": [
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"return_persistence": "PERSISTENT_OPERATING_MARGIN",
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"0.02"
],
"net_capital_per_added_revenue": "0.03",
"cash_reserve_per_added_revenue": "0.01"
},
{
"basis": "The base case assumes a steady return to historical growth rates as product innovation and distribution expansion take hold. The company needs these additional years to fully realize the benefits of the 'Sport Offense' strategy and facility reductions. Mature margins of 11% are coherent with the asset-light model, where capital intensity is low relative to revenue, and cash reserves are minimal due to efficient working capital management.",
"origin": "LOCAL_MODEL_COMPANY_ESTIMATE",
"scenario": "BASE",
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"return_persistence": "PERSISTENT_OPERATING_MARGIN",
"annual_revenue_growth_rates": [
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"0.03",
"0.03"
],
"net_capital_per_added_revenue": "0.02",
"cash_reserve_per_added_revenue": "0.00"
},
{
"basis": "The high scenario reflects a successful execution of brand marketing and digital expansion, driving above-average growth. Additional years are needed to scale the new digital partnerships and product launches to their full potential. The higher mature margin of 13% is supported by operating leverage from fixed cost reductions and improved full-price realization, while capital intensity remains low due to the asset-light nature of the business.",
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"terminal_growth": "0.04",
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}{
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}{
"version": "living_fv_report_v1",
"status": "CALCULATED_CONDITIONAL",
"publication_status": "PENDING_REFRESH",
"symbol": "NKE",
"currency": "USD",
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"source_asof": "2026-09-29T16:21:44.354007+00:00",
"published_at": "2026-09-29T16:32:34.224831+00:00",
"following_status": "CURRENT",
"updates_status": "CURRENT",
"disclaimer": "Not investment advice.",
"name": null,
"hypothesis": {
"reset": "Read the latest living report and discard overrides.",
"targets": [
"phase",
"capital",
"maturity",
"rate"
],
"version": "living_fv_user_hypothesis_v1",
"independence": "User scenarios never replace the living company selection.",
"phase_fields": {
"years": "Years in this phase",
"cash_tax_rate": "Cash tax rate",
"revenue_growth": "Annual revenue growth",
"operating_margin": "Operating profit margin",
"net_ppe_investment_ratio": "Net investment in property and equipment / revenue",
"cash_reserve_per_added_revenue": "Cash held for each additional dollar of revenue",
"working_capital_investment_ratio": "Working capital investment / revenue"
}
}
}Living version identifies the selected calculation.
Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.