Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
16.03
-0.33 (-2.02%)
At close: Jan 8, 2025, 4:00 PM
15.92
-0.11 (-0.69%)
Pre-market: Jan 10, 2025, 4:39 AM EST
Macy's Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Macy's stock have an average target of 17.78, with a low estimate of 9.00 and a high estimate of 22. The average target predicts an increase of 10.92% from the current stock price of 16.03.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Macy's stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 5 | 6 | 6 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 1 | 1 |
| Total | 10 | 10 | 10 | 7 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $21 → $20 | Buy | Maintains | $21 → $20 | +24.77% | Jan 8, 2025 |
| Gordon Haskett | Gordon Haskett | Hold → Strong Buy Upgrades $20 | Hold → Strong Buy | Upgrades | $20 | +24.77% | Dec 16, 2024 |
| UBS | UBS | Strong Sell Maintains $10 → $9 | Strong Sell | Maintains | $10 → $9 | -43.86% | Dec 12, 2024 |
| Guggenheim | Guggenheim | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Dec 12, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $17 → $16 | Hold | Maintains | $17 → $16 | -0.19% | Dec 12, 2024 |
Financial Forecast
Revenue This Year
23.04B
from 23.87B
Decreased by -3.45%
Revenue Next Year
22.34B
from 23.04B
Decreased by -3.06%
EPS This Year
2.53
from 0.38
Increased by 566.84%
EPS Next Year
2.43
from 2.53
Decreased by -3.95%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 24.3B | 23.8B | 23.6B |
| Avg | 23.0B | 22.3B | 21.9B |
| Low | 21.8B | 19.5B | 18.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.9% | 3.2% | 5.5% |
| Avg | -3.4% | -3.1% | -2.2% |
| Low | -8.8% | -15.4% | -19.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 2.94 | 2.87 | 3.45 | |||
| Avg | 2.53 | 2.43 | 2.60 | |||
| Low | 2.28 | 1.81 | 1.76 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 673.7% | 13.1% | 41.9% | |||
| Avg | 566.8% | -4.0% | 6.8% | |||
| Low | 500.9% | -28.5% | -27.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.