Nordstrom Shareholders Approve Merger with Holdings

The latest update is out from Nordstrom ( (JWN) ).

On May 16, 2025, Nordstrom, Inc. held a virtual special meeting where shareholders approved a merger agreement with Nordstrom Holdings, Inc. The merger required a two-thirds majority vote and a majority of minority approval, both of which were achieved. Additionally, shareholders approved a non-binding proposal regarding executive compensation related to the merger. The adjournment proposal was rendered unnecessary due to the approval of the merger proposal.

The most recent analyst rating on (JWN) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Nordstrom stock, see the JWN Stock Forecast page.

Spark’s Take on JWN Stock

According to Spark, TipRanks’ AI Analyst, JWN is a Neutral.

Nordstrom faces operational challenges with declining profitability, yet improved cash flows and reasonable valuation offer some stability. The technical outlook is neutral with caution advised due to potential overbought conditions. Legal uncertainties surrounding the merger pose additional risks. Combined, these factors result in a balanced but cautious outlook.

To see Spark’s full report on JWN stock, click here.

More about Nordstrom

Nordstrom, Inc. operates in the retail industry, primarily offering fashion apparel, shoes, and accessories. The company is known for its focus on customer service and operates both physical stores and an online platform.

Average Trading Volume: 3,722,365

Technical Sentiment Signal: Buy

Current Market Cap: $4.11B

See more data about JWN stock on TipRanks’ Stock Analysis page.