Sneaker Encyclopedia

Nike Pegasus 40

Four decades of running excellence — the Nike Pegasus 40 marks the 40th anniversary of Nike's most enduring running franchise, refined with React foam and Zoom Air for the modern era.

Brand

Nike

First Release

1983

Designer

Nike

Retail Price

$135

Live Market Snapshot

Nike Pegasus 40 Market Overview

Strong Demand

Avg Resale

$100–$150

Trend

Stable

Volatility

Low

Liquidity

Low

Flip Score

15 / 100

The Pegasus 40 is a flagship running shoe purchased almost entirely at retail by runners. No meaningful resale market — demand is performance-driven, not collector-driven.

Images of Nike Pegasus 40

Sneaker placeholder

Photos may be sourced from Wikimedia Commons — image credits.

History

Nike launched the original Pegasus in 1983 as a versatile daily trainer — named after the mythological winged horse symbolizing speed and elevation.

The Pegasus line became Nike's most consistently updated running franchise, with new versions released almost every year for four decades.

The Pegasus 40 was released in 2023 to celebrate the franchise's 40th anniversary, featuring updated React + Zoom Air cushioning and an engineered mesh upper.

The Pegasus remains Nike's most popular running shoe globally — beloved by recreational runners for its reliable cushioning, durability, and accessible price point.

Design & Technology

The Pegasus 40 features a React foam midsole with forefoot Zoom Air, an engineered mesh upper for breathability, Flywire-inspired cables for midfoot lockdown, and a rubber waffle outsole for durable traction.

  • React foam midsole with forefoot Zoom Air unit
  • Engineered mesh upper for breathability and fit
  • Midfoot lockdown system for secure fit
  • Rubber waffle outsole for durable traction
  • 40th anniversary branding on the tongue and heel

Popular Colorways

Key releases and market-relevant pairs associated with Nike Pegasus 40.

Black / White

Versatile neutral option popular for all running contexts

Retail

View market →

White / Pure Platinum

Clean light colorway popular for gym and lifestyle crossover

Retail

View market →

Anniversary Colorways

Special 40th edition colorways with modest collector interest

Near retail

View market →

Resale Market Value

The Pegasus 40 has no meaningful resale market — it's purchased exclusively at retail by runners.

A performance shoe for wearing, not flipping.

Best For

Running — no resale market

Risk Level

Very Low — but no upside

Reseller Take

Skip entirely for resale

Live Market Tool

Check Pegasus 40 Pricing Live

Use SneakPrice to compare current Pegasus 40 pricing across retailers.

Compare pricing across running stores
Track anniversary colorway availability
Find the best current price

Reseller Insight

Flip Potential: Nike Pegasus 40

Flip Score

15 / 100

Liquidity

Low

Typical Margin

None

Best Use

Daily running trainer

  • No resale market — buy to run.
  • One of Nike's most stocked running shoes in every market.
  • If interested in Nike running resale, focus on Vaporfly or Alphafly instead.

Care & Maintenance

Maintaining Your Nike Pegasus 40

The Pegasus 40's engineered mesh upper collects dirt during running — clean regularly to maintain breathability and upper integrity.

The React foam midsole is durable but can compress over time; replace after 400-500 miles.

Essential Tools and Supplies

To start off, collect the following tools and supplies:

  • Soft-bristle Brush: Removes dirt from mesh without distorting the knit.
  • Sneaker Cleaning Solution: Diluted formula safe for mesh.
  • Warm Water: Loosens debris from the outsole.
  • Microfiber Cloth: Wipe the midsole and outsole.

Pre-Cleaning Preparations

Before you begin the cleaning routine, it's essential to ready your sneakers:

1

Remove Insoles & Laces

Air insoles separately; remove laces for full upper access.

2

Dry Brush

Knock off loose dirt before introducing liquid.

The Cleaning Process

1

Clean Mesh

Apply diluted solution with soft brush in light circular motions.

2

Wipe Midsole

Damp cloth on the React foam midsole.

3

Scrub Outsole

Firm brush on the rubber waffle outsole.

4

Air Dry

Dry fully at room temperature.

Related Models

Frequently Asked Questions

Everything you need to know about SneakPrice and how it helps you with the Nike Pegasus 40.

What is SneakPrice and how does it work?
SneakPrice is a sneaker market intelligence platform that turns the chaotic world of resale into clear, actionable data. With support for 21 international languages and the Sneaker Stock Exchange — a Bloomberg-style live market view of the entire global sneaker economy — it pulls real listings from eBay, StockX, GOAT, Stadium Goods and other major marketplaces in real time, then normalizes them into a single market price for every model we track. Behind the scenes: • Our computer-vision model identifies the sneaker from a photo or live camera frame. • Our market engine scans live listings across every major resale platform. • We calculate an average resale price, trend direction, volatility, and a liquidity score. • Our arbitrage engine flags cross-platform price gaps so you can buy low and sell high. • The Sneaker Stock Exchange aggregates everything into brand indexes (SPX-NIKE, SPX-ADIDAS, SPX-JORDAN, etc.) and a master SPX-RETRO benchmark, so you can track the market the way traders track the S&P 500. For the Nike Pegasus 40, this means you see the real resale value — not a guess, not a single marketplace's number, but a true cross-market average updated continuously.
How do I get started with SneakPrice?
Getting started is simple: 1. Sign up at https://sneakpriceapp.com — free, no credit card required. 2. From the home page, scan a sneaker. You can use your camera in real time, upload a photo from your gallery, or paste an image URL. The app will identify the model automatically (including the Nike Pegasus 40 and over 1,000 other catalog entries). 3. Instantly see the market report: average resale price, trend direction, comparable listings, retail vs. resale delta, and a flip score. 4. Save sneakers to your portfolio, set price alerts, and explore the Sneaker Stock Exchange for live indexes and arbitrage deals. 5. Upgrade only when you want more — the free tier covers the basics for life.
What can I use SneakPrice for?
SneakPrice is built for everyone in the sneaker ecosystem: • Buyers: Confirm a listing isn't overpriced before clicking "buy now". See average resale across every major platform side-by-side. • Resellers & flippers: See real-time average resale, demand, volatility, and liquidity before listing. Our flip score tells you if a pair is worth the capital tie-up. • Collectors: Track your collection's mark-to-market value and individual pair appreciation over time. Get notified when grails move. • Arbitrage traders: Our deal engine surfaces cross-platform price gaps — buy on eBay at $180, sell on StockX at $260, for example. • Authenticators: Cross-reference suspicious "deals" against real market ranges. If a Nike Pegasus 40 is listed at 40% below market, something is usually wrong. • Market researchers & journalists: Pull historical price trends, brand indexes (SPX-*), and category-level signals. • Casual fans: Just curious what your old pair is worth? Scan it in 5 seconds.
Do I need technical skills to use SneakPrice?
Not at all! SneakPrice is designed for everyone — collectors, casual buyers, full-time resellers, and first-time sneaker fans. If you can take a photo or open a web page, you can use it. Our AI identifies the sneaker for you, our market engine pulls live prices for you, and our Stock Exchange dashboards visualize the data with zero spreadsheet work. Deeper analytics (alerts, portfolio tracking, arbitrage deals, the SPX brand indexes) are one click away when you're ready for them — but you can ignore them entirely and still get the full value of instant market pricing.
If a sneaker identification is not accurate, what should I do?
Our vision model recognizes 60+ classes and over 1,000 catalog entries, but no AI is perfect — especially with extreme lighting, partial views, or rare collaborations. If a Nike Pegasus 40 (or any sneaker) is misidentified, here's what to do: 1. Re-take the photo: a clean side profile on a neutral background lifts accuracy dramatically. Avoid harsh shadows and try to capture the full silhouette. 2. Use the manual override: every scan result has a "Wrong sneaker?" link that lets you search our catalog and correct the match. Your correction is saved to your scan history and feeds back into our training data so the model improves over time. 3. Search directly: if you already know the model, skip the scan and use the search bar at the top of the site — it indexes every entry in the Sneaker Encyclopedia. 4. Report the miss: use the contact form at https://sneakpriceapp.com/contact and include the photo. Reports go directly into our retraining queue. Every correction makes the model better for the entire community.
How do I delete unwanted pictures from the sneaker app?
You're always in full control of your photos and scan history: • To delete a single scan: open your scan history, tap the scan, and use the "Delete" button. The photo and its metadata are removed immediately. • To bulk-delete: from your dashboard, select multiple scans and use "Delete selected". • To wipe everything: under Settings → Privacy, you'll find "Delete all scans" and "Delete account". Both are irreversible and execute immediately. • Photos uploaded by mistake (wrong sneaker, blurry shot) can be removed instantly — they're never shared publicly and only used for your own market reports. Deleted photos are purged from our storage layer, not just hidden. We don't retain shadow copies. If you'd like a confirmation, contact us at https://sneakpriceapp.com/contact and we'll send written confirmation of the deletion.
Does SneakPrice accept newly-taken sneaker pictures or camera photos as well?
Yes — both. SneakPrice accepts three input methods, and they all feed the same vision pipeline and market engine: 1. Live camera: Open the scanner and point your phone or webcam at the sneaker. The app identifies the model in real time and pulls live market data within seconds. Works directly in your browser — no app install required. 2. Photo upload: Tap "Upload photo" and pick any image from your camera roll or device storage. JPG, PNG, HEIC, and WEBP are all supported. 3. Image URL paste: If you saw a Nike Pegasus 40 on Instagram or a marketplace listing, paste the image URL into the scanner and we'll fetch it for you. Important — file size limit: uploaded images must be 2 MB or smaller. Modern phones often produce 4–10 MB photos by default, which the scanner will reject with an error. If you see an upload error, resize or compress the image first. Easy ways to do this: • iPhone: open the photo in Mail, attach it, and choose "Medium" or "Small" — Mail will compress to well under 2 MB. • Android: most gallery apps have a "Resize" option, or use a free compressor app. • Desktop: drag the image into a free web compressor (e.g., tinypng.com or squoosh.app) and download the smaller version. • Or simply screenshot the original photo — screenshots are typically well under 2 MB. Tip for best accuracy: a clean side profile with the toe pointing left or right dramatically improves identification — especially for nuanced colorways.
How accurate are the prices SneakPrice shows for the Nike Pegasus 40?
Our prices are sourced from live listings across eBay, StockX, GOAT, Stadium Goods, and several other major resale platforms — not estimates or static price tags. For each model we compute: • Average resale: the mean of recent comparable listings, filtered for outliers. • Trend (7d, 30d, 90d): direction and magnitude of price movement. • Volatility: how much prices swing — important for flip-risk modeling. • Liquidity: how many recent comps exist — a single overpriced listing doesn't move the number. • Flip score: combines all of the above into a single buy/hold/sell signal. Refresh cadence varies by tier: free users see daily-refreshed data; paid users see near-real-time updates. For ultra-rare or recently-released Nike pairs with thin comp data, we flag the result as "low confidence" rather than fabricate a number.
Can I track my Nike collection as a portfolio?
Yes. Every scanned or manually-added pair can be saved to your portfolio, complete with purchase price, condition, and acquisition date. From there you get: • Mark-to-market valuation: every pair re-priced continuously against live market data. • Unrealized P&L: per-pair and total — both in dollars and percent. • Allocation breakdown: how your collection splits across brands, eras, and tiers. • Index comparison: see if your portfolio is outperforming SPX-NIKE, SPX-RETRO, or the broader sneaker market. • Exit signals: alerts when a pair crosses a price threshold or our flip score flips from "hold" to "sell". Your portfolio is private by default. Sharing is opt-in if you ever want to show off your collection.
What is the Sneaker Stock Exchange?
The Sneaker Stock Exchange (/exchange) is a Bloomberg-style live market view of the entire global sneaker resale economy. It features: • SPX brand indexes — SPX-NIKE, SPX-ADIDAS, SPX-JORDAN, SPX-NEW-BALANCE, SPX-ASICS, SPX-PUMA, SPX-CONVERSE, SPX-SAUCONY, SPX-VANS — each tracking the weighted average resale price of that brand's most-traded models. • SPX-RETRO — our master benchmark covering the broader retro and heritage market. • Price-band indexes — track the entry, mid, and premium tiers separately. • Live arbitrage feed — cross-platform deals flagged the moment they appear. • Heatmaps, gainers/losers, and volume leaders. Think of it as the financial-market view of sneakers: you're not just seeing one pair, you're seeing the entire ecosystem in motion.
Does SneakPrice work in my language?
Yes — SneakPrice is fully translated into 21 international languages, including English, Spanish, French, German, Italian, Portuguese, Dutch, Japanese, Korean, Mandarin Chinese, Arabic, Hindi, Russian, Turkish, Polish, Swedish, Norwegian, Danish, Finnish, Greek, and Vietnamese. Switch languages from the dropdown in the top-right of every page. Prices and market data are localized automatically based on your settings.
Is SneakPrice free to use? What are the limits?
Yes — there is a permanent free tier that includes: • Daily sneaker scans via camera, upload, or URL. • Full access to the Sneaker Encyclopedia (including this Nike Pegasus 40 page) — every model, every colorway, every history note. • Read-only view of the Sneaker Stock Exchange and SPX brand indexes. • Basic price alerts on saved pairs. • Multi-language support across all 21 languages. Paid tiers unlock higher scan volume, unlimited alerts, full portfolio tracking, the arbitrage deal feed, historical data exports, and priority support. Pricing is shown transparently inside the app — no hidden fees, no surprise charges, cancel anytime.
Is my data and privacy safe with SneakPrice?
Yes. We take privacy seriously: • Photos you scan are stored privately under your account and never shared publicly. • Your portfolio, scan history, and alerts are visible only to you unless you explicitly opt in to sharing. • We never sell user data to third parties. • You can delete individual scans, your full history, or your entire account at any time. Deletions are immediate and permanent. • Authentication is handled by Clerk (industry-standard, SOC 2 compliant). Payments are processed by Stripe. • Read the full policy at https://sneakpriceapp.com/privacy.
How do I get help if something goes wrong?
We're here to help. Reach us at any of these: • Contact form: https://sneakpriceapp.com/contact (fastest path; routes by topic). • FAQ & help center: https://sneakpriceapp.com/faq. • Press & partnerships: https://sneakpriceapp.com/press. For account or billing issues, sign in first so your message routes to the right queue. Most replies go out within one business day, and complex issues get a human, not a script. If you've hit a bug, attaching a screenshot or the URL where you saw it helps us reproduce and fix it faster.