Nike stock stays near a 12-year low after Q4 revenue of $11 billion

Published on 09/04/2026 at 07:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nike stock trades near a 12-year low as Q4 fiscal 2026 revenue reached $11 billion and diluted EPS was $0.72. MarketBeat also reported a Hold rating and a $52.94 consensus price target.

NYSE-Handelsparkett mit Börsenkursen auf Displays, neoklassische Architektur, Editorial-Stil — Nike Inc US6541061031 zeigt das NYSE Handelsparkett mit Aktienkurs Bildschirmen im neoklassischen Börsensaal, Illustration mit AI erstellt.

Nike (US6541061031) stock traded at $38.43 on September 4, 2026, with a market cap of $57.06 billion and a 52-week range of $37.96 to $76.95. The share price was down 0.8 percent in the latest live snapshot, and MarketBeat said the stock opened near its one-year low at $37.97.

Q4 figures still set the tone

In fiscal Q4 2026, Nike reported revenue of $11 billion, down 1 percent on a reported basis and 4 percent on an adjusted basis. Diluted EPS was $0.72, but Yahoo Finance noted that the figure included a $0.52 per share one-time benefit tied to an expected tariff recovery.

Gross margin improved to 49.2 percent from 40.3 percent over the last 12 months, while management said it expects gross margin expansion to start in fiscal Q1 2027. That shift matters because it shows the turn in profitability is being driven by margin repair, not just sales volume.

Consensus stays cautious

According to a MarketBeat report, analysts currently maintain a consensus Hold rating and a $52.94 price target. The same source said the latest quarterly revenue declined 1.1 percent year over year and that Nike declared a quarterly dividend of $0.41 per share.

That leaves a simple comparison for investors: the stock at $38.43 is still far below the $52.94 consensus target, while the 52-week high stands at $76.95. The valuation gap reflects a business that is still being judged on recovery rather than on peak earnings power.

Go deeper

Nike revenue and margins in focus

Nike's latest quarter showed $11 billion in revenue, $0.72 diluted EPS and a gross margin of 49.2 percent, so the next update will be judged mainly on whether margin repair continues.

Nike coverage

Running still carries the brand

Nike's running category posted five straight quarters of double-digit growth, and the company said that category gains helped the brand take five points of market share across Western Europe and North America. That is the clearest product-level counterweight to the weaker Sportswear and Jordan lines.

For investors, the key number is not brand strength alone but whether that running momentum can keep gross margin moving higher in fiscal 2027.

Trading at $38.43

At $38.43 on September 4, 2026, Nike stock remains close to its yearly low and well below the $76.95 high. The market cap stood at $57.06 billion in the latest live data.