Company Overview - NIKE, Inc. has a market cap of $99.2 billion and is a global leader in athletic and casual footwear, apparel, equipment, and accessories for all demographics [1] Upcoming Earnings - NIKE is set to announce its fiscal Q2 2026 results on December 18, with analysts predicting an adjusted EPS of $0.37, a decline of 52.6% from $0.78 in the same quarter last year [2] - For fiscal 2026, analysts forecast an adjusted EPS of $1.67, down 23.6% from $2.16 in fiscal 2025, but expect a significant rebound to $2.57 in fiscal 2027, representing a 55.8% year-over-year increase [3] Stock Performance - Over the past 52 weeks, NIKE shares have dropped 13.8%, underperforming the S&P 500 Index's nearly 12% return and the Consumer Discretionary Select Sector SPDR Fund's 2.1% rise [4] Recent Results - Following its Q1 2026 results, NIKE shares rose 6.4% as overall revenue reached $11.7 billion, a 1% year-over-year increase, with footwear sales of $7.4 billion exceeding estimates [5] - Apparel growth was strong at 9%, totaling $3.3 billion, and wholesale revenue grew by 7%, which helped mitigate weaker Nike Direct sales [5] - The gross margin was reported at 42.2%, surpassing expectations, despite a 31% decline in net income to $727 million [5] Analyst Sentiment - Analysts maintain a cautiously optimistic view on NIKE stock, with a "Moderate Buy" rating overall; among 35 analysts, 17 recommend "Strong Buy," 4 "Moderate Buy," 12 "Hold," and 2 "Strong Sell" [6] - The average analyst price target for NIKE is $82.04, indicating a potential upside of 24.2% from current levels [6]