Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
19.78
-0.57 (-2.80%)
At close: Feb 27, 2026, 4:00 PM EST
19.90
+0.12 (0.61%)
After-hours: Feb 27, 2026, 7:48 PM EST
Macy's Stock Forecast
Stock Price Forecast
The 10 analysts that cover Macy's stock have a consensus rating of "Hold" and an average price target of $20.6, which forecasts a 4.15% increase in the stock price over the next year. The lowest target is $8.00 and the highest is $27.
Price Target: $20.6 (+4.15%)
Analyst Consensus: Hold
* Price targets were last updated on Jan 14, 2026.
Analyst Ratings
The average analyst rating for Macy's stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 10 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $27 | Strong Buy | Initiates | $27 | +36.50% | Jan 14, 2026 |
| Jefferies | Jefferies | Strong Buy Maintains $26 → $27 | Strong Buy | Maintains | $26 → $27 | +36.50% | Dec 12, 2025 |
| Guggenheim | Guggenheim | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Dec 10, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $17 → $22 | Hold | Maintains | $17 → $22 | +11.22% | Dec 5, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $14 → $21 | Hold | Maintains | $14 → $21 | +6.17% | Dec 5, 2025 |
Financial Forecast
Revenue This Year
22.18B
from 23.01B
Decreased by -3.58%
Revenue Next Year
21.70B
from 22.18B
Decreased by -2.17%
EPS This Year
2.21
from 2.07
Increased by 6.99%
EPS Next Year
2.26
from 2.21
Increased by 1.98%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 24.2B | 23.6B | |
| Avg | 22.2B | 21.7B | |
| Low | 21.0B | 19.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.0% | 6.5% | |
| Avg | -3.6% | -2.2% | |
| Low | -8.5% | -12.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| High | 2.53 | 2.60 | ||||
| Avg | 2.21 | 2.26 | ||||
| Low | 1.91 | 1.91 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| High | 22.0% | 17.2% | ||||
| Avg | 7.0% | 2.0% | ||||
| Low | -7.7% | -13.7% |
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.