Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
20.36
-0.39 (-1.88%)
At close: Nov 6, 2025, 4:00 PM EST
20.39
+0.03 (0.15%)
After-hours: Nov 6, 2025, 7:43 PM EST
Macy's Stock Forecast
Stock Price Forecast
The 9 analysts that cover Macy's stock have a consensus rating of "Hold" and an average price target of $15.72, which forecasts a -22.79% decrease in the stock price over the next year. The lowest target is $6.50 and the highest is $20.
Price Target: $15.72 (-22.79%)
Analyst Consensus: Hold
* Price targets were last updated on Oct 6, 2025.
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 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 8 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Oct 15, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $15 → $17 | Hold | Maintains | $15 → $17 | -18.96% | Oct 6, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $12 → $16 | Hold | Maintains | $12 → $16 | -21.41% | Sep 18, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $13 → $15 | Hold | Maintains | $13 → $15 | -28.78% | Sep 4, 2025 |
| Citigroup | Citigroup | Hold Maintains $12 → $16 | Hold | Maintains | $12 → $16 | -21.41% | Sep 4, 2025 |
Financial Forecast
Revenue This Year
21.87B
from 23.01B
Decreased by -4.92%
Revenue Next Year
21.38B
from 21.87B
Decreased by -2.25%
EPS This Year
1.98
from 2.07
Decreased by -4.34%
EPS Next Year
2.04
from 1.98
Increased by 3.15%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.4B | 23.2B | |
| Avg | 21.9B | 21.4B | |
| Low | 20.5B | 18.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.9% | 5.8% | |
| Avg | -4.9% | -2.3% | |
| Low | -11.1% | -13.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.39 | 2.46 | |||
| Avg | 1.98 | 2.04 | |||
| Low | 1.32 | 1.42 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 15.7% | 24.1% | |||
| Avg | -4.3% | 3.2% | |||
| Low | -36.1% | -28.2% |
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.