Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
22.85
+0.53 (2.37%)
At close: Dec 5, 2025, 4:00 PM EST
22.87
+0.02 (0.09%)
After-hours: Dec 5, 2025, 7:34 PM EST
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 $26. The average analyst price target of $19.8 forecasts a -13.35% decrease in the stock price over the next year.
Price Target: $19.80 (-13.35%)
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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 7 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 10 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $17 → $22 | Hold | Maintains | $17 → $22 | -3.72% | Dec 5, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $14 → $21 | Hold | Maintains | $14 → $21 | -8.10% | Dec 5, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | -8.10% | Dec 5, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $19 → $26 | Strong Buy | Maintains | $19 → $26 | +13.79% | Dec 4, 2025 |
| Citigroup | Citigroup | Hold Maintains $19 → $24 | Hold | Maintains | $19 → $24 | +5.03% | Dec 4, 2025 |
Financial Forecast
Revenue This Year
21.89B
from 23.01B
Decreased by -4.85%
Revenue Next Year
21.48B
from 21.89B
Decreased by -1.89%
EPS This Year
1.97
from 2.07
Decreased by -4.59%
EPS Next Year
2.06
from 1.97
Increased by 4.29%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.4B | 23.4B | |
| Avg | 21.9B | 21.5B | |
| Low | 20.5B | 18.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.9% | 6.9% | |
| Avg | -4.8% | -1.9% | |
| Low | -11.1% | -13.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.34 | 2.46 | |||
| Avg | 1.97 | 2.06 | |||
| Low | 1.32 | 1.42 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.1% | 24.4% | |||
| Avg | -4.6% | 4.3% | |||
| Low | -36.1% | -28.1% |
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.