Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
22.42
+1.37 (6.51%)
May 28, 2026, 1:25 PM EDT - Market open
Macy's Stock Forecast
Stock Price Forecast
According to 12 analysts polled by S&P Global, Macy's stock has a consensus rating of "Hold" and an average price target of $19.4. The average 1-year stock price forecast is 13.47% lower than the current stock price, while the lowest is $9.00 (-59.86%) and the highest is $25 (+11.51%).
Price Target: $19.4 (-13.47%)
Analyst Consensus: Hold
* Price targets were last updated on Apr 6, 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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 11 | 11 | 11 | 10 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 13 | 13 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Sell Maintains $9 | Sell | Maintains | $9 | -59.86% | Apr 6, 2026 |
| Telsey Advisory | Telsey Advisory | Hold Maintains $20 | Hold | Maintains | $20 | -10.79% | Apr 1, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $20 | Hold | Maintains | $20 | -10.79% | Apr 1, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $21 | Hold | Maintains | $21 | -6.33% | Mar 26, 2026 |
| BTIG | BTIG | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Mar 19, 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 -8.93%
EPS Next Year
2.21
from 2.11
Increased by 4.37%
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 | 2.21 | ||||||
| Low | 1.86 | 1.91 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| High | -0.1% | 17.3% | ||||||
| Avg | -8.9% | 4.4% | ||||||
| Low | -19.7% | -9.6% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.