Nike (NKE) Registers a Bigger Fall Than the Market: Important Facts to Note

Nike stock fell 1.21% on September 16, 2026, underperforming the S&P 500's 0.45% decline. The company has depreciated 9.59% over the past month. Upcoming Q1 earnings (October 1) are expected to show a 10.2% EPS decline year-over-year to $0.44, with revenue projected at $11.43 billion, down 2.51%. Nike holds a Zacks Rank of #4 (Sell) and trades at a Forward P/E of 21.47, above its industry average of 13.64.