Nike Stock: Buy Before October 1?

Nike's first-quarter earnings for fiscal 2027 are set to be released on Oct. 1, and investors may want to consider buying the stock before then.

The apparel company has been struggling with growth in recent years, but it will be going up against softer comparable numbers.

This could make it more likely for the stock to surprise investors with better-than-expected results.

Nike's stock has historically fallen after earnings releases, but the bar may not be set high for the company to impress investors who are already bearish on the stock.

The company is trading at 21 times its estimated future earnings, which is relatively close to the average stock on the S&P 500.