Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
12.34
+0.72 (6.20%)
May 12, 2025, 4:00 PM - Market closed
Macy's Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Macy's stock have an average target of 14.1, with a low estimate of 8.00 and a high estimate of 21. The average target predicts an increase of 14.26% from the current stock price of 12.34.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Macy's stock from 11 stock analysts 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.