Nordstrom, Inc. (JWN)

Nordstrom Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Nordstrom stock have an average target of 20.15, with a low estimate of 13 and a high estimate of 25. The average target predicts a decrease of -11.89% from the current stock price of 22.87.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$13	$20.15	$20	$25
Change	-43.16%	-11.89%	-12.55%	+9.31%

* Price targets were last updated on Sep 5, 2024.

Analyst Ratings

The average analyst rating for Nordstrom stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	7	6	8	10	10	10
Sell	5	5	5	4	4	4
Strong Sell	1	1	0	0	0	0
Total	14	13	14	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ashley Owens Keybanc	Keybanc	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Sep 26, 2024
Paul Kearney Barclays	Barclays	Sell → Hold Upgrades $18 → $23	Sell → Hold	Upgrades	$18 → $23	+0.57%	Sep 5, 2024
Matthew Boss JP Morgan	JP Morgan	Sell Maintains $19 → $20	Sell	Maintains	$19 → $20	-12.55%	Aug 28, 2024
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Hold Maintains $23 → $24	Hold	Maintains	$23 → $24	+4.94%	Aug 28, 2024
Simeon Siegel BMO Capital	BMO Capital	Hold Maintains $20 → $22	Hold	Maintains	$20 → $22	-3.80%	Aug 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

14.93B

Increased by 1.59%

from 14.69B

Revenue Next Year

15.24B

Increased by 2.09%

from 14.93B

EPS This Year

1.90

Increased by 131.89%

from 0.82

EPS Next Year

2.01

Increased by 5.49%

from 1.90

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 1, 2020	Jan 30, 2021	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 3, 2025	Feb 3, 2026	Feb 3, 2027
Revenue	15.52B	10.72B	14.79B	15.53B	14.69B	14.93B	15.24B	15.47B
Revenue Growth	-2.12%	-30.98%	38.02%	5.01%	-5.39%	1.59%	2.09%	1.53%
EPS	3.18	-4.39	1.10	1.51	0.82	1.90	2.01	2.09
EPS Growth	-4.22%	-	-	37.27%	-45.70%	131.89%	5.49%	4.23%
Forward PE	-	-	-	-	-	12.03	11.40	10.94
No. Analysts	-	-	-	-	-	21	21	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	15.8B	16.3B	16.5B
Avg	14.9B	15.2B	15.5B
Low	14.0B	14.2B	14.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	7.3%	9.0%	8.5%
Avg	1.6%	2.1%	1.5%
Low	-4.5%	-4.8%	-6.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.11	2.37	3.15
Avg	1.90	2.01	2.09
Low	1.47	1.71	1.66

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	157.4%	24.9%	57.0%
Avg	131.9%	5.5%	4.2%
Low	79.3%	-10.3%	-17.4%

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.