Nike shares hit twelve-year low ahead of fiscal 2027 earnings

Nike is approaching a critical earnings season following a significant decline in its stock value. The company's shares recently hit a twelve-year low, trading at approximately 35.75 USD, representing a roughly 44% loss since the start of the year.

Investors are closely watching the upcoming first-quarter fiscal year 2027 results, scheduled for release after the US market closes on October 1. Key metrics of interest include gross margins, the company's performance in China—where revenues recently fell by 12%—and the competitive landscape in the running shoe segment, where Nike faces pressure from brands such as On and Hoka.