Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
14.97
-0.81 (-5.13%)
At close: Feb 21, 2025, 4:00 PM
14.99
+0.02 (0.13%)
After-hours: Feb 21, 2025, 7:03 PM EST
Macy's Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Macy's stock have an average target of 17.75, with a low estimate of 9.00 and a high estimate of 22. The average target predicts an increase of 18.57% from the current stock price of 14.97.
Analyst Consensus: Hold
* Price targets were last updated on Jan 14, 2025.
Analyst Ratings
The average analyst rating for Macy's stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 5 | 6 | 6 | 5 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 1 | 1 | 1 |
| Total | 10 | 10 | 7 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $17 | Hold | Maintains | $17 | +13.56% | Jan 14, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $21 → $20 | Buy | Maintains | $21 → $20 | +33.60% | Jan 8, 2025 |
| Gordon Haskett | Gordon Haskett | Hold → Strong Buy Upgrades $20 | Hold → Strong Buy | Upgrades | $20 | +33.60% | Dec 16, 2024 |
| UBS | UBS | Strong Sell Maintains $10 → $9 | Strong Sell | Maintains | $10 → $9 | -39.88% | Dec 12, 2024 |
| Guggenheim | Guggenheim | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Dec 12, 2024 |
Financial Forecast
Revenue This Year
23.03B
from 23.87B
Decreased by -3.49%
Revenue Next Year
22.36B
from 23.03B
Decreased by -2.92%
EPS This Year
2.43
from 0.38
Increased by 539.42%
EPS Next Year
2.38
from 2.43
Decreased by -1.90%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 24.2B | 23.7B | 23.5B |
| Avg | 23.0B | 22.4B | 21.8B |
| Low | 21.8B | 19.5B | 18.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.4% | 3.1% | 5.3% |
| Avg | -3.5% | -2.9% | -2.3% |
| Low | -8.8% | -15.3% | -19.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 2.57 | 2.76 | 3.33 | |||
| Avg | 2.43 | 2.38 | 2.51 | |||
| Low | 2.28 | 1.76 | 1.76 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 576.4% | 13.7% | 39.6% | |||
| Avg | 539.4% | -1.9% | 5.5% | |||
| Low | 500.9% | -27.4% | -26.0% |
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.