Nike Is at 11-Year Lows. It Reports Tonight. Here's What Matters.

NKE at $41. 49% below its 52-week high. Tonight's the test. Here's the only number that moves the stock. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  

June 30, 2026 Nike Stock Is at 11-Year Lows. Tonight's Earnings Report Changes Everything. Nike (NKE) heads into tonight's fiscal fourth-quarter earnings at approximately $41, near an 11-year low and 49% below its 52-week high of $80.17. CEO Elliott Hill has spent 17 months unwinding a collapsed wholesale channel, clearing bloated inventory, and trying to rebuild the pricing discipline the prior management team abandoned. Tonight is the first real test of whether the numbers are turning. Analysts expect Q4 revenue of $10.85 billion, down 2-3% year-over-year, with EPS of $0.12. The bar is intentionally low after three consecutive quarters of downward estimate revisions. Greater China is projected down roughly 20%. Gross margin is expected around 39.9%. If that number comes in above 40%, it signals the inventory cleanup is further along than expected. Below 39%, and the discounting is still doing damage. The headline EPS is almost irrelevant. Nobody is valuing Nike on last quarter. The number that moves the stock is FY2027 guidance. Analysts are modeling a 24.2% EPS recovery for next fiscal year. If Hill affirms that trajectory tonight, the analyst consensus target of $58-60 implies 40-46% upside from today's price. If he doesn't, $41 is not the floor. Read the full analysis › Sponsored These 4 Stocks Could Explode Starting July 10 A rare opportunity is taking shape in the stock market right now... One that veteran investors Joel Litman and Landon Swan believe could lead to gains of 10X, 20X, and even 50X in the next 12 months... According to them, three powerful catalysts are set to converge on July 10... And that convergence could accelerate America's push to win the AI race... CLICK HERE TO SAVE A FREE SEAT › You are receiving this e-mail at fromworksmart.jewelry@blogger.com, as part of your subscription to Money Morning. Manage Your Preferences by clicking here. No longer interested? Unsubscribe. © 2026 Money Morning. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication prior to following an initial recommendation. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Agora Media, 14 West Mt Vernon Place, Baltimore, MD 21201. Money Morning is a First Light Financial, LLC publication. To contact us call 866-616-2166 or visit us online. Website  |  Privacy Policy  |  Terms & Conditions