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Nike Nominates Jørgen Vig Knudstorp to Board

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Nike Nominates Jørgen Vig Knudstorp to Board

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The latest announcement is out from Nike ( (NKE) ).

On June 24, 2025, NIKE, Inc. announced the nomination of Jørgen Vig Knudstorp for election to its Board of Directors at the upcoming annual meeting on September 9, 2025. Knudstorp, with extensive experience in brand and digital marketing, strategy, and consumer products from his tenure at LEGO, is expected to contribute significantly to NIKE’s growth and brand storytelling initiatives.

The most recent analyst rating on (NKE) stock is a Hold with a $71.00 price target. To see the full list of analyst forecasts on Nike stock, see the NKE Stock Forecast page.

Spark’s Take on NKE Stock

According to Spark, TipRanks’ AI Analyst, NKE is a Outperform.

Nike’s overall score reflects strong financial stability and strategic corporate restructuring. However, technical and earnings challenges, particularly in China and revenue declines, moderate the score. The balanced valuation adds to the stock’s appeal, though growth prospects hinge on overcoming current hurdles.

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

More about Nike

NIKE, Inc., headquartered in Beaverton, Oregon, is the world’s leading designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities.

Average Trading Volume: 18,966,699

Technical Sentiment Signal: Sell

Current Market Cap: $89.71B

Find detailed analytics on NKE stock on TipRanks’ Stock Analysis page.

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