Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
22.43
+0.58 (2.65%)
At close: Nov 26, 2025, 4:00 PM EST
22.49
+0.06 (0.27%)
After-hours: Nov 26, 2025, 7:59 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 $16.06, which forecasts a -28.40% decrease in the stock price over the next year. The lowest target is $6.50 and the highest is $20.
Price Target: $16.06 (-28.40%)
Analyst Consensus: Hold
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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 7 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 9 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $16 → $19 | Hold | Maintains | $16 → $19 | -15.29% | Nov 19, 2025 |
| 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 | -26.44% | Oct 6, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $12 → $16 | Hold | Maintains | $12 → $16 | -28.67% | Sep 18, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $13 → $15 | Hold | Maintains | $13 → $15 | -35.35% | 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.