Nordstrom, Inc. (JWN)
NYSE: JWN · IEX Real-Time Price · USD
21.45
+0.20 (0.94%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Nordstrom Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Nordstrom stock have an average target of 17.23, with a low estimate of 11 and a high estimate of 20. The average target predicts a decrease of -19.67% from the current stock price of 21.45.
Analyst Consensus: Sell
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for Nordstrom stock from 13 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 9 | 6 | 7 | 7 | 7 | 6 |
| Sell | 4 | 3 | 4 | 4 | 5 | 5 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 12 | 14 | 13 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $15 → $18 | Sell | Maintains | $15 → $18 | -16.08% | May 31, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | -11.42% | May 31, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $19 | Hold | Maintains | $19 | -11.42% | May 31, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $15 → $18 | Sell | Maintains | $15 → $18 | -16.08% | May 31, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $19 | Hold | Maintains | $19 | -11.42% | May 24, 2024 |
Financial Forecast
Revenue This Year
14.99B
from 14.69B
Increased by 1.99%
Revenue Next Year
15.15B
from 14.99B
Increased by 1.11%
EPS This Year
1.79
from 0.82
Increased by 118.42%
EPS Next Year
1.97
from 1.79
Increased by 9.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.2B | 16.2B | 16.3B | 16.5B | 16.9B |
| Avg | 15.0B | 15.2B | 15.4B | 15.9B | 16.2B |
| Low | 14.0B | 14.0B | 14.7B | 15.4B | 15.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.0% | 8.3% | 7.4% | 7.1% | 6.1% |
| Avg | 2.0% | 1.1% | 1.8% | 3.0% | 2.1% |
| Low | -4.9% | -6.4% | -2.8% | -0.1% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.11 | 3.02 | 3.98 | 4.24 | 4.52 |
| Avg | 1.79 | 1.97 | 1.95 | 4.08 | 4.34 |
| Low | 1.27 | 1.53 | 0.54 | 3.96 | 4.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 157.4% | 68.8% | 102.2% | 117.1% | 10.7% |
| Avg | 118.4% | 9.9% | -0.7% | 108.8% | 6.4% |
| Low | 55.4% | -14.6% | -72.7% | 102.6% | 3.3% |
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.