Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
19.43
-0.58 (-2.90%)
At close: Apr 28, 2026, 4:00 PM EDT
19.43
0.00 (0.00%)
After-hours: Apr 28, 2026, 6:30 PM EDT

Macy's Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Macy's stock have an average target of 20.09, with a low estimate of 9.00 and a high estimate of 27. The average target predicts an increase of 3.40% from the current stock price of 19.43.

Analyst Consensus: Hold
Target Low Average Median High
Price $9.00 $20.09 $21 $27
Change -53.68% +3.40% +8.08% +38.96%

Analyst Ratings

The average analyst rating for Macy's stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 222222
Buy 000000
Hold 79991010
Sell 000000
Strong Sell 111111
Total 101212121313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Telsey Advisory Group
Telsey Advisory Group
Hold
Maintains
$20
Hold Maintains $20 +2.93% Apr 1, 2026
Citigroup
Citigroup
Hold
Maintains
$24$18
Hold Maintains $24$18 -7.36% Mar 19, 2026
TD Cowen
TD Cowen
Hold
Maintains
$21$20
Hold Maintains $21$20 +2.93% Mar 19, 2026
Telsey Advisory Group
Telsey Advisory Group
Hold
Maintains
$25$20
Hold Maintains $25$20 +2.93% Mar 19, 2026
JP Morgan
JP Morgan
Hold
Maintains
$24$21
Hold Maintains $24$21 +8.08% Mar 18, 2026
More Analyst Ratings

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 -9.12%
EPS Next Year
2.20
from 2.11
Increased by 4.47%
Fiscal Year FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Jan 29, 2022 Jan 28, 2023 Feb 3, 2024 Feb 1, 2025 Jan 31, 2026 Jan 31, 2027 Jan 31, 2028
Revenue
25.40B25.45B23.87B23.01B22.62B22.02B21.74B
Revenue Growth
40.35%0.20%-6.22%-3.60%-1.67%-2.64%-1.28%
EPS
4.554.080.162.072.322.112.20
EPS Growth
--10.33%-96.08%1,193.75%12.08%-9.12%4.47%
Forward PE
-----9.228.82
No. Analysts -----1515
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202720282029
High 22.8B 23.1B
Avg 22.0B 21.7B
Low 21.0B 19.5B

Revenue Growth

Revenue Growth 202720282029
High
0.9%
4.9%
Avg
-2.6%
-1.3%
Low
-7.2%
-11.5%

EPS Forecast

EPS 20272028202920302031203220332034
High 2.32 2.48
Avg 2.11 2.20
Low 1.86 1.91

EPS Growth

EPS Growth 20272028202920302031203220332034
High
-0.1%
17.5%
Avg
-9.1%
4.5%
Low
-19.7%
-9.4%
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.