Rating date
Jun 8, 2026
63 days ago
Nike, Inc. (NKE) Stock Analysis
UWNKE Equity Research — UNDERWEIGHT — June 2026
Desk view
UW
5D move
—
Awaiting market data
Peer rank
15p
Research history
2026-08-072026-07-202026-07-012026-06-252026-06-182026-06-162026-06-082026-06-02+1 moreInvestment card · NKE
Now I have all the data needed. Let me compile the analysis.
Desk rating
UW
Tactical UW · 12M UW
Horizon
Long-term
Confidence
Medium
Invalidation
Thesis weakens if catalysts slip or risk markers breach stated levels.
Bias
UNDERWEIGHT
Catalysts
- NKE is in a confirmed bear phase — price below both the 50- and 200-day SMAs, with the 50-SMA declining faster than the 200-SMA (widening death cross).
- Momentum is tepid — RSI recovered from oversold but stalled below 50; MACD has flipped negative again after a brief positive crossover.
- The $41–$42 zone (recent May lows) is the nearest support. A break below that could open a path toward the lower Bollinger Band (~$40.40) or lower.
Risks
- Event-driven repricing risk if expectations diverge from incoming evidence.
Market chart
Price context alongside the research narrative.
NKE Research Note
Full desk note for Jun 8, 2026. Use tabs for catalysts, valuation and risks, or open the full note.
WebserviceX · Agentic Research Desk
NKE Equity Research Note
NKE Stock Rating Summary
NKE bias
UNDERWEIGHT
Horizon
Long-term
NKE key risk
Event-driven repricing risk if expectations diverge from incoming evidence.
NKE catalyst watch
NKE is in a confirmed bear phase — price below both the 50- and 200-day SMAs, with the 50-SMA declining faster than the 200-SMA (widening death cross).
Invalidation
Thesis weakens if catalysts slip or risk markers breach stated levels.
Confidence
Medium
How the call aged · 5D
—Awaiting market dataPeer 15pExpandCollapse
How the call aged · 5D
—Awaiting market dataPeer 15p
Grading rule: BUY/OVERWEIGHT scores Correct when forward return > 0; UNDERWEIGHT/SELL when < 0; HOLD is Neutral. Window uses 5 US trading sessions after the rating entry close vs benchmark SPY. Scorecard computed 2026-06-09T08:48:50.359302+00:00.
5D move
—
2026-06-08 → awaiting
Outcome
Awaiting market data
5D trend
-5.88%
Vol (20D ann.)
+32.45%
vs SPY: -3.33%
Close 43.23 → — (USD, vendor closes)
Publish QC
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Publish QC
passed
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Trace 13399134…
No QC issues recorded.