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Macy's, Inc. (M) Stock Forecast

Data as of May 2, 2026

Consumer Cyclical · Current price $19.63 (+0.38%)

Consensus Target
$19.20
Upside
-2.2%
Analysts
19
Rating
Hold(3.21)

Price Target Range

Low $9.00Consensus $19.20High $22.00
▲ Current $19.63

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy0
Hold6
Sell1
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 18, 2026Blake AndersonJefferies$22.00+12.1%
Dec 5, 2025Michael BinettiEvercore ISI$21.00+7.0%
Nov 28, 2025Dana TelseyTelsey Advisory$22.00+12.1%
May 6, 2025Alex StratonMorgan Stanley$12.00-38.9%
Aug 22, 2024Alex StratonMorgan Stanley$17.00-13.4%
Aug 21, 2024Paul LejuezCitigroup$17.00-13.4%
Jul 15, 2024Michael BinettiEvercore ISI$17.00-13.4%
May 22, 2024Brooke RoachGoldman Sachs$23.00+17.2%
May 22, 2024Jay SoleUBS$10.00-49.1%
May 21, 2024Zachary WarringCFRA$19.00-3.2%
May 6, 2024Alex StratonMorgan Stanley$19.00-3.2%
Nov 17, 2022Chuck GromGordon Haskett Capital Corporation$28.00+42.6%
Nov 17, 2022Dana TelseyTelsey Advisory$25.00+27.4%
Feb 26, 2022Paul LejuezCitigroup$25.00+27.4%
Feb 16, 2022Gabriella CarboneDeutsche Bank$32.00+63.0%
Jan 4, 2022Matthew BossJ.P. Morgan$33.00+68.1%
Dec 10, 2021Oliver ChenCowen & Co.$45.00+129.2%
Nov 19, 2021Lorraine HutchinsonBank of America Securities$25.00+27.4%

M vs Sector & Market

MetricMConsumer Cyclical AvgLarge Cap Avg
Analyst Rating3.212.522.41
Analyst Count191318
Target Upside-2.2%+417.5%+14.9%
P/E Ratio7.8811.2731.19

Revenue Estimates

PeriodLowAvgHigh#
2026-07-31$4.72B$4.76B$4.79B5
2026-10-31$4.61B$4.64B$4.68B2
2027-01-31$7.52B$7.57B$7.63B2
2027-04-30$4.37B$4.40B$4.43B2
2027-07-31$4.51B$4.54B$4.58B2
2027-10-31$4.37B$4.41B$4.44B2
2028-01-31$7.19B$7.25B$7.31B1
2029-01-31$18.55B$18.55B$18.55B1

EPS Estimates

PeriodLowAvgHigh#
2026-07-31$0.35$0.36$0.376
2026-10-31$-0.03$-0.03$-0.032
2027-01-31$1.74$1.75$1.772
2027-04-30$0.04$0.04$0.042
2027-07-31$0.37$0.38$0.382
2027-10-31$-0.02$-0.02$-0.022
2028-01-31$1.75$1.77$1.795
2029-01-31$2.12$2.17$2.211

Frequently Asked Questions

What is the analyst consensus for M?

The consensus among 19 analysts covering Macy's, Inc. (M) is Hold with an average price target of $19.20.

What is the highest price target for M?

The highest price target for M is $45.00, set by Oliver Chen at Cowen & Co. on 2021-12-10.

What is the lowest price target for M?

The lowest price target for M is $10.00, set by Jay Sole at UBS on 2024-05-22.

How many analysts cover M?

19 analysts have issued ratings for Macy's, Inc. in the past 12 months.

Is M a buy or sell right now?

Based on 19 analyst ratings, M has a consensus rating of Hold (3.21/5) with a -2.2% upside to the consensus target of $19.20.

What are the earnings estimates for M?

Analysts estimate M will report EPS of $0.36 for the period ending 2026-07-31, with revenue estimated at $4.76B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.