Steven Madden, Ltd. (SHOO)

Stock Price Forecast

According to 7 stock analysts, the average 12-month stock price forecast for Steven Madden stock is $37.57, which predicts a decrease of -5.48%. The lowest target is $32 and the highest is $41. On average, analysts rate Steven Madden stock as a buy.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$32	$37.57	$39	$41
Change	-19.50%	-5.48%	-1.89%	+3.14%

Analyst Ratings

The average analyst rating for Steven Madden stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '23	Jul '23	Aug '23	Sep '23	Oct '23	Nov '23
Strong Buy	3	2	2	3	2	2
Buy	1	1	1	1	0	0
Hold	5	5	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	8	8	9	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tom Nikic Wedbush	Wedbush	Hold Reiterates $36	Hold	Reiterates	$36	-9.43%	Nov 29, 2023
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Hold Reiterates $39	Hold	Reiterates	$39	-1.89%	Nov 15, 2023
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Hold Reiterates $39	Hold	Reiterates	$39	-1.89%	Oct 24, 2023
Camilo Lyon BTIG	BTIG	Strong Buy Initiates $40	Strong Buy	Initiates	$40	+0.63%	Sep 19, 2023
Steven Madden Citigroup	Citigroup	Strong Buy Maintains $40 → $41	Strong Buy	Maintains	$40 → $41	+3.14%	Aug 3, 2023

Full Analyst Rating History

Financial Forecast

Revenue This Year

2.00B

Decreased by -5.84%

from 2.12B

Revenue Next Year

2.11B

Increased by 5.81%

from 2.00B

EPS This Year

2.50

Decreased by -9.68%

from 2.77

EPS Next Year

2.85

Increased by 13.91%

from 2.50

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	1.68B	1.79B	1.20B	1.87B	2.12B	2.00B	2.11B	2.22B	2.30B	2.44B
Revenue Growth	7.06%	6.52%	-32.75%	55.28%	13.71%	-5.84%	5.81%	4.78%	3.79%	5.96%
EPS	1.50	1.69	-0.23	2.34	2.77	2.50	2.85	3.23	3.83	4.24
EPS Growth	10.29%	12.67%	-	-	18.38%	-9.68%	13.91%	13.48%	18.27%	10.93%
No. Analysts	-	-	-	-	-	11	11	6	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026	2027
High	2.1B	2.2B	2.3B	2.4B	2.5B
Avg	2.0B	2.1B	2.2B	2.3B	2.4B
Low	1.9B	2.0B	2.1B	2.2B	2.3B

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027
High	-2.6%	11.3%	10.6%	6.9%	9.1%
Avg	-5.8%	5.8%	4.8%	3.8%	6.0%
Low	-10.1%	-0.2%	-1.0%	-0.3%	1.8%

EPS Forecast

EPS	2023	2024	2025	2026	2027
High	2.63	3.17	3.47	3.94	4.37
Avg	2.50	2.85	3.23	3.83	4.24
Low	2.35	2.50	2.94	3.68	4.08

EPS Growth

EPS Growth	2023	2024	2025	2026	2027
High	-5.2%	26.7%	21.7%	21.7%	14.2%
Avg	-9.7%	13.9%	13.5%	18.3%	10.9%
Low	-15.1%	-0.1%	3.2%	13.6%	6.6%

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.