NKE Earnings

NKE reported its FY2026Q2 earnings on 2025-12-18, showcasing a revenue of 12.00B against an estimate of 12.00B, resulting in a 1.79% surprise. The EPS was 0.53, surpassing the expected 0.37 by 43.24% . The stock experienced a -10.54% price change on the earnings day and a -8.58% change over the next five days, reflecting market reactions to the results.

Following NKE's FY2026Q2 earnings announcement on 2025-12-18, the stock price moved by -10.54% on the day of the release. Over the subsequent five days, it saw a -8.58% change. Historically, NKE's stock price tends to shift by an average of +0.48% in the 10 days leading up to earnings and -6.43% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate NKE’s annual revenue to reach 11.00B, while the EPS is projected at 0.00. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Downward by -0.15% and EPS estimates Revise Downward by -1.76% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between NKE's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were Revise Downward by -0.15%, while EPS estimates moved Revise Downward by -1.76% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, NKE's stock price typically moves by +0.48% in the 10 days before its earnings and -6.43% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 0.00 and revenue of 11.00B.

The earnings call reveals several concerning factors: declining revenues in key regions, significant EBIT declines, and gross margin pressures due to tariffs. The Q&A highlights uncertainties, especially in China, and management's reluctance to provide clear timelines or targets. The positive aspects, such as growth in North America and certain product lines, are overshadowed by broader challenges. Without a market cap, the stock's reaction is uncertain, but the overall sentiment suggests a negative outlook for the next two weeks.