Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
19.28
+0.16 (0.84%)
At close: May 5, 2026, 4:00 PM EDT
19.30
+0.02 (0.10%)
After-hours: May 5, 2026, 7:50 PM EDT
Macy's Stock Forecast
Stock Price Forecast
The 11 analysts that cover Macy's stock have a consensus rating of "Hold" and an average price target of $20.09, which forecasts a 4.20% increase in the stock price over the next year. The lowest target is $9.00 and the highest is $27.
Price Target: $20.09 (+4.20%)
Analyst Consensus: Hold
* Price targets were last updated on Apr 1, 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 9 | 9 | 9 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 12 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $20 | Hold | Maintains | $20 | +3.73% | Apr 1, 2026 |
| Citigroup | Citigroup | Hold Maintains $24 → $18 | Hold | Maintains | $24 → $18 | -6.64% | Mar 19, 2026 |
| TD Cowen | TD Cowen | Hold Maintains $21 → $20 | Hold | Maintains | $21 → $20 | +3.73% | Mar 19, 2026 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $25 → $20 | Hold | Maintains | $25 → $20 | +3.73% | Mar 19, 2026 |
| JP Morgan | JP Morgan | Hold Maintains $24 → $21 | Hold | Maintains | $24 → $21 | +8.92% | Mar 18, 2026 |
Financial Forecast
Revenue This Year
22.02B
from 22.62B
Decreased by -2.64%
Revenue Next Year
21.74B
from 22.02B
Decreased by -1.28%
EPS This Year
2.11
from 2.32
Decreased by -9.12%
EPS Next Year
2.20
from 2.11
Increased by 4.47%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 22.8B | 23.1B | |
| Avg | 22.0B | 21.7B | |
| Low | 21.0B | 19.5B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 0.9% | 4.9% | |
| Avg | -2.6% | -1.3% | |
| Low | -7.2% | -11.5% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| High | 2.32 | 2.48 | ||||||
| Avg | 2.11 | 2.20 | ||||||
| Low | 1.86 | 1.91 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| High | -0.1% | 17.5% | ||||||
| Avg | -9.1% | 4.5% | ||||||
| Low | -19.7% | -9.4% |
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 sources.