Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
12.34
+0.72 (6.20%)
At close: May 12, 2025, 4:00 PM
12.39
+0.05 (0.40%)
After-hours: May 12, 2025, 7:58 PM EDT
Macy's Stock Forecast
Stock Price Forecast
According to 10 professional analysts, the 12-month price target for Macy's stock ranges from a low of $8.00 to a high of $21. The average price target of $14.1 forecasts a 14.26% increase in the stock price over the next year.
Price Target: $14.10 (+14.26%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 6 | 6 | 5 | 6 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 9 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $14 → $12 | Hold | Maintains | $14 → $12 | -2.76% | May 6, 2025 |
| Barclays | Barclays | Hold Initiates $12 | Hold | Initiates | $12 | -2.76% | Apr 28, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $17 → $12 | Strong Buy → Hold | Downgrades | $17 → $12 | -2.76% | Apr 22, 2025 |
| Citigroup | Citigroup | Hold Maintains $14 → $11 | Hold | Maintains | $14 → $11 | -10.86% | Apr 17, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | +5.35% | Apr 14, 2025 |
Financial Forecast
Revenue This Year
21.78B
from 23.01B
Decreased by -5.32%
Revenue Next Year
21.10B
from 21.78B
Decreased by -3.13%
EPS This Year
2.03
from 2.07
Decreased by -1.81%
EPS Next Year
2.08
from 2.03
Increased by 2.19%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.2B | 23.0B | 22.9B |
| Avg | 21.8B | 21.1B | 20.4B |
| Low | 19.9B | 18.4B | 17.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.7% | 5.5% | 8.3% |
| Avg | -5.3% | -3.1% | -3.2% |
| Low | -13.4% | -15.8% | -19.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.42 | 2.52 | 2.92 | ||
| Avg | 2.03 | 2.08 | 2.16 | ||
| Low | 1.11 | 1.11 | 1.23 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.7% | 24.0% | 40.5% | ||
| Avg | -1.8% | 2.2% | 4.0% | ||
| Low | -46.4% | -45.2% | -41.0% |
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.