Nordstrom, Inc. (JWN)
NYSE: JWN · IEX Real-Time Price · USD
19.16
+0.16 (0.84%)
Apr 26, 2024, 1:06 PM EDT - Market open
Nordstrom Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Nordstrom stock have an average target of 16.54, with a low estimate of 11 and a high estimate of 20. The average target predicts a decrease of -13.67% from the current stock price of 19.16.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Nordstrom stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 9 | 9 | 9 | 6 | 7 | 7 |
| Sell | 4 | 4 | 4 | 3 | 4 | 4 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 16 | 16 | 12 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $19 | Hold | Maintains | $19 | -0.84% | Apr 19, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $18 → $17 | Strong Buy → Hold | Downgrades | $18 → $17 | -11.27% | Mar 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | -6.05% | Mar 6, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $17 → $20 | Hold | Maintains | $17 → $20 | +4.38% | Mar 6, 2024 |
| Barclays | Barclays | Sell Maintains $14 → $15 | Sell | Maintains | $14 → $15 | -21.71% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
14.85B
from 14.69B
Increased by 1.03%
Revenue Next Year
15.11B
from 14.85B
Increased by 1.81%
EPS This Year
1.81
from 0.82
Increased by 120.66%
EPS Next Year
2.02
from 1.81
Increased by 11.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.7B | 16.1B | 16.4B | 16.3B | 16.6B |
| Avg | 14.8B | 15.1B | 15.4B | 15.7B | 16.0B |
| Low | 14.2B | 14.5B | 14.6B | 15.2B | 15.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 8.3% | 8.7% | 6.0% | 6.1% |
| Avg | 1.0% | 1.8% | 1.8% | 1.9% | 2.0% |
| Low | -3.2% | -2.6% | -3.1% | -1.1% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.15 | 3.30 | 3.89 | 4.28 | 4.65 |
| Avg | 1.81 | 2.02 | 2.48 | 4.12 | 4.47 |
| Low | 1.27 | 1.34 | 1.71 | 4.00 | 4.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 162.5% | 82.2% | 92.6% | 73.0% | 12.9% |
| Avg | 120.7% | 11.5% | 22.8% | 66.4% | 8.6% |
| Low | 55.4% | -25.8% | -15.0% | 61.5% | 5.4% |
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.