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NIKE, Inc. (NKE): A Bull Case Theory 

We came across a bullish thesis on NIKE, Inc. on Saadiyat Capital’s Substack by Musa Iftikhar. In this article, we will summarize the bulls’ thesis on NKE. NIKE, Inc.'s share was trading at $71.22 as of September 24th. NKE’s trailing and forward P/E were 32.97 and 41.67 respectively according to Yahoo Finance.

[caption id="attachment_544260" align="aligncenter" width="750"] Mbuso Sydwell Nkosi/Shutterstock.com[/caption]

Nike’s FY2025 results highlight a convergence of macro pressures, competitive challenges, and internal missteps that led to its first annual revenue...