Nike Stock Rises Amid Cautious Optimism and Undervaluation

Nike Inc (NYSE: NKE) has seen its stock price rise modestly by 0.18% to close at $40.84 on August 24, 2026.

According to recent options trading data from Cboe, the put/call ratio is elevated to 0.79, indicating cautious optimism among investors.

The company's dividend yield stands at a near-10-year high of 4.01%, but its payout ratio is elevated at 0.78, raising concerns about sustainability.

However, GuruFocus' proprietary GF Value™ metric estimates an intrinsic value of $73.05 per share, indicating that the stock is significantly undervalued by 44.1%.