PriceTargets.com logo

Macy's - M Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.56
  • Forecasted Upside: 14.26%
  • Number of Analysts: 11
  • Breakdown:
  • 1 Sell Ratings
  • 7 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$16.24 As of 12/20/2024 06:31 PM ET
▲ +0.39 (2.46%)

This chart shows the closing price for M by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Macy's Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for M and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for M

Analyst Price Target is $18.56
▲ +14.26% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Macy's in the last 3 months. The average price target is $18.56, with a high forecast of $27.00 and a low forecast of $9.00. The average price target represents a 14.26% upside from the last price of $16.24.

This chart shows the closing price for M for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 11 investment analysts is to hold stock in Macy's. This rating has held steady since February 2024, when it changed from a Reduce consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 4 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/16/2024Gordon HaskettUpgradeHold ➝ Buy$20.00
12/12/2024UBS GroupLower TargetSell ➝ Sell$10.00 ➝ $9.00
12/12/2024GuggenheimReiterated RatingNeutral ➝ Neutral
12/12/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$17.00 ➝ $16.00
12/11/2024Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$17.00 ➝ $17.00
11/26/2024Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$17.00 ➝ $17.00
10/10/2024ArgusUpgradeHold
8/22/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$18.00 ➝ $17.00
8/21/2024Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$21.00 ➝ $21.00
8/14/2024Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$21.00 ➝ $21.00
7/16/2024Evercore ISILower TargetIn-Line ➝ In-Line$22.00 ➝ $17.00
5/22/2024TD CowenBoost TargetHold ➝ Hold$20.00 ➝ $21.00
5/22/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$25.00 ➝ $27.00
5/21/2024Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$21.00 ➝ $21.00
3/28/2024Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$21.00
3/18/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$23.00 ➝ $25.00
2/29/2024TD CowenDowngradeOutperform ➝ Market Perform$23.00 ➝ $20.00
2/28/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$21.00 ➝ $20.00
2/28/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$16.00 ➝ $22.00
2/28/2024Telsey Advisory GroupBoost TargetMarket Perform ➝ Market Perform$15.00 ➝ $21.00
2/21/2024Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$15.00 ➝ $21.00
2/2/2024CitigroupUpgradeSell ➝ Neutral$14.00 ➝ $18.00
12/12/2023CitigroupDowngradeNeutral ➝ Sell$14.00
11/17/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$16.00 ➝ $19.00
11/17/2023Telsey Advisory GroupBoost TargetMarket Perform ➝ Market Perform$14.00 ➝ $15.00
11/7/2023Evercore ISIInitiated CoverageInline$13.00
9/27/2023Gordon HaskettDowngradeBuy ➝ Hold$13.00
8/23/2023The Goldman Sachs GroupLower TargetBuy ➝ Buy$23.00 ➝ $17.00
8/23/2023UBS GroupLower TargetSell ➝ Sell$12.00 ➝ $10.00
8/23/2023Bank of AmericaLower TargetUnderperform ➝ Underperform$13.00 ➝ $12.00
8/23/2023CitigroupLower TargetNeutral ➝ Neutral$15.00 ➝ $13.00
8/22/2023Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$16.00 ➝ $14.00
8/15/2023Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$16.00
8/7/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$23.00 ➝ $15.00
6/7/2023UBS GroupLower Target$12.75 ➝ $12.00
6/2/2023Deutsche Bank AktiengesellschaftLower Target$20.00 ➝ $18.00
6/2/2023Bank of AmericaLower Target$21.00 ➝ $13.00
6/2/2023CitigroupLower Target$16.00 ➝ $15.00
6/2/2023JPMorgan Chase & Co.Lower Target$26.00 ➝ $23.00
6/1/2023Gordon HaskettUpgradeHold ➝ Buy$18.00
5/8/2023JPMorgan Chase & Co.Lower Target$29.00 ➝ $26.00
4/3/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$28.00 ➝ $29.00
3/30/2023Telsey Advisory GroupReiterated RatingMarket Perform$25.00
3/29/2023Gordon HaskettDowngradeAccumulate ➝ Hold$18.00
3/3/2023Morgan StanleyBoost TargetEqual Weight$21.00 ➝ $23.00
3/3/2023JPMorgan Chase & Co.Boost TargetNeutral$26.00 ➝ $28.00
3/3/2023Credit Suisse GroupBoost TargetUnderperform$19.00 ➝ $20.00
3/3/2023Telsey Advisory GroupReiterated RatingMarket Perform$25.00
2/24/2023Telsey Advisory GroupReiterated RatingMarket Perform$25.00
2/23/2023CitigroupBoost TargetNeutral$22.00 ➝ $23.00
1/30/2023The Goldman Sachs GroupInitiated CoverageBuy$28.00
1/23/2023JPMorgan Chase & Co.Lower TargetNeutral$28.00 ➝ $26.00
1/10/2023Deutsche Bank AktiengesellschaftLower Target$23.00 ➝ $22.00
1/4/2023Deutsche Bank AktiengesellschaftLower Target$24.00 ➝ $23.00
1/3/2023JPMorgan Chase & Co.Lower Target$29.00 ➝ $28.00
11/21/2022Credit Suisse GroupBoost Target$19.00
11/18/2022Deutsche Bank AktiengesellschaftLower TargetHold$25.00 ➝ $24.00
11/18/2022CitigroupBoost TargetNeutral$21.00 ➝ $25.00
11/9/2022OTR GlobalUpgradeMixed ➝ Positive
9/15/2022Jefferies Financial GroupLower TargetBuy$30.00 ➝ $23.00
8/24/2022Morgan StanleyLower TargetEqual Weight$22.00 ➝ $21.00
8/24/2022Evercore ISILower TargetOutperform$35.00 ➝ $30.00
8/24/2022Telsey Advisory GroupLower TargetMarket Perform$28.00 ➝ $25.00
8/24/2022CitigroupLower TargetNeutral$23.00 ➝ $21.00
8/16/2022Deutsche Bank AktiengesellschaftLower Target$29.00 ➝ $25.00
7/7/2022Bank of AmericaLower TargetUnderperform$22.00 ➝ $15.00
5/27/2022CowenLower Target$30.00
5/27/2022Deutsche Bank AktiengesellschaftLower Target$34.00 ➝ $29.00
5/27/2022CitigroupLower TargetNeutral$25.00 ➝ $23.00
5/27/2022Telsey Advisory GroupLower TargetMarket Perform$30.00 ➝ $28.00
5/27/2022Morgan StanleyUpgradeUnderweight ➝ Equal Weight$20.00 ➝ $22.00
5/16/2022JPMorgan Chase & Co.Lower Target$33.00 ➝ $30.00
5/11/2022OTR GlobalDowngradePositive
2/24/2022CitigroupUpgradeSell ➝ Neutral$25.00
2/23/2022Gordon HaskettBoost TargetBuy$33.00 ➝ $35.00
2/23/2022Jefferies Financial GroupLower TargetBuy$45.00 ➝ $40.00
2/23/2022Morgan StanleyLower TargetUnderweight$23.00 ➝ $20.00
2/23/2022Deutsche Bank AktiengesellschaftBoost TargetHold$32.00 ➝ $34.00
2/23/2022Credit Suisse GroupLower TargetUnderperform ➝ Underperform$32.00 ➝ $25.00
2/16/2022Deutsche Bank AktiengesellschaftLower Target$35.00 ➝ $32.00
2/16/2022Evercore ISIUpgradeIn-Line ➝ Outperform$50.00
2/15/2022Telsey Advisory GroupLower TargetMarket Perform$40.00 ➝ $30.00
1/4/2022JPMorgan Chase & Co.Lower TargetNeutral$37.00 ➝ $33.00
11/19/2021Morgan StanleyBoost TargetUnderweight$21.00 ➝ $23.00
11/19/2021Bank of AmericaBoost TargetUnderperform$21.00 ➝ $25.00
11/19/2021CowenBoost TargetOutperform$37.00 ➝ $45.00
11/19/2021Telsey Advisory GroupBoost TargetMarket Perform$33.00 ➝ $40.00
11/19/2021Credit Suisse GroupBoost TargetPositive ➝ Underperform$19.00 ➝ $32.00
11/19/2021Deutsche Bank AktiengesellschaftBoost TargetHold$29.00 ➝ $35.00
11/19/2021CitigroupBoost TargetSell$20.00 ➝ $29.00
11/18/2021Gordon HaskettBoost TargetBuy$37.00 ➝ $50.00
11/11/2021Telsey Advisory GroupBoost TargetMarket Perform$24.00 ➝ $33.00
10/21/2021CowenBoost TargetOutperform$27.00 ➝ $32.00
9/28/2021Gordon HaskettUpgradeHold ➝ Buy$24.00 ➝ $33.00
9/9/2021CowenUpgradeMarket Perform ➝ Outperform$23.00 ➝ $27.00
8/23/2021Deutsche Bank AktiengesellschaftBoost TargetHold$24.00 ➝ $27.00
8/20/2021Credit Suisse GroupBoost TargetUnderperform$16.00 ➝ $19.00
8/20/2021Jefferies Financial GroupBoost TargetBuy$23.00 ➝ $27.00
8/20/2021Bank of AmericaBoost TargetUnderperform$18.00 ➝ $21.00
8/20/2021CowenBoost TargetMarket Perform$21.00 ➝ $23.00
8/20/2021Morgan StanleyBoost TargetUnderweight$17.00 ➝ $21.00
8/20/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$19.00 ➝ $25.00
8/20/2021CitigroupBoost TargetSell$14.00 ➝ $20.00
8/16/2021JPMorgan Chase & Co.Boost TargetUnderweight$17.00 ➝ $19.00
8/16/2021Telsey Advisory GroupBoost TargetMarket Perform$20.00 ➝ $21.00
8/9/2021OTR GlobalUpgradeMixed ➝ Positive
5/19/2021Credit Suisse GroupBoost TargetUnderperform$13.00 ➝ $16.00
5/19/2021Telsey Advisory GroupBoost TargetMarket Perform$16.00 ➝ $20.00
5/19/2021Morgan StanleyBoost TargetUnderweight$11.00 ➝ $17.00
5/19/2021Deutsche Bank AktiengesellschaftBoost TargetHold$16.00 ➝ $23.00
5/19/2021Evercore ISIReiterated RatingOutperform
4/19/2021JPMorgan Chase & Co.Boost TargetAverage ➝ Underweight$15.00 ➝ $16.00
2/24/2021Credit Suisse GroupBoost TargetUnderperform$7.00 ➝ $13.00
2/24/2021Deutsche Bank AktiengesellschaftBoost TargetHold$15.00 ➝ $16.00
2/19/2021Telsey Advisory GroupBoost TargetMarket Perform$10.00 ➝ $14.00
2/18/2021Morgan StanleyBoost TargetUnderweight$6.00 ➝ $11.00
1/21/2021Deutsche Bank AktiengesellschaftBoost TargetPositive ➝ Hold$9.00 ➝ $15.00
1/20/2021HC WainwrightReiterated RatingBuy
12/18/2020Jefferies Financial GroupUpgradeHold ➝ Buy$14.00
11/20/2020Morgan StanleyBoost TargetUnderweight$5.00 ➝ $6.00
11/20/2020Credit Suisse GroupBoost TargetUnderperform$6.00 ➝ $7.00
11/20/2020Deutsche Bank AktiengesellschaftBoost TargetHold$7.00 ➝ $9.00
10/30/2020OTR GlobalUpgradeSell
9/4/2020Credit Suisse GroupInitiated CoverageSell$6.00
9/3/2020Deutsche Bank AktiengesellschaftBoost TargetHold$6.00 ➝ $7.00
9/3/2020Telsey Advisory GroupBoost TargetMarket Perform$6.00 ➝ $7.00
7/22/2020UBS GroupDowngradeNeutral ➝ Sell$6.00 ➝ $3.00
7/6/2020Morgan StanleyLower TargetUnderweight$6.00 ➝ $5.00
6/10/2020Credit Suisse GroupBoost TargetUnderperform$4.50 ➝ $6.00
6/10/2020Morgan StanleyBoost TargetUnderweight$5.00 ➝ $6.00
5/22/2020Bank of AmericaReiterated RatingUnderperform$5.00 ➝ $4.50
5/22/2020Deutsche Bank AktiengesellschaftLower TargetHold$7.00 ➝ $5.00
5/22/2020Telsey Advisory GroupLower TargetMarket Perform$8.00 ➝ $6.00
5/21/2020CfraLower TargetSell$4.00 ➝ $3.00
5/7/2020Deutsche Bank AktiengesellschaftLower TargetHold$20.00 ➝ $7.00
4/30/2020UBS GroupLower TargetNeutral$14.50 ➝ $6.00
4/23/2020Morgan StanleyLower TargetUnderweight$10.00 ➝ $5.00
3/26/2020CitigroupLower TargetSell$6.00 ➝ $5.00
3/23/2020CfraDowngradeHold ➝ Sell
3/19/2020Morgan StanleyLower TargetUnderweight$13.00 ➝ $10.00
2/26/2020Telsey Advisory GroupReiterated RatingMarket Perform$18.00 ➝ $16.00
2/25/2020GuggenheimReiterated RatingHold
2/25/2020CfraLower TargetHold$17.00 ➝ $15.00
2/9/2020Evercore ISIReiterated RatingBuy$22.00
2/6/2020Telsey Advisory GroupBoost TargetMarket Perform$16.00 ➝ $18.00
1/9/2020Atlantic SecuritiesUpgradeUnderweight ➝ Neutral$18.00
1/8/2020GuggenheimReiterated RatingHold
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.34 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 23 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
5/24/2024
  • 12 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 14 very positive mentions
  • 7 positive mentions
  • 9 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 9 very positive mentions
  • 8 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 23 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 13 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 7 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024
  • 36 very positive mentions
  • 31 positive mentions
  • 25 negative mentions
  • 1 very negative mentions
Mentions as of
12/20/2024

Current Sentiment

  • 36 very positive mentions
  • 31 positive mentions
  • 25 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Macy's logo
Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
Read More

Today's Range

Now: $16.24
Low: $15.71
High: $16.63

50 Day Range

MA: $15.86
Low: $14.57
High: $16.94

52 Week Range

Now: $16.24
Low: $14.06
High: $22.10

Volume

10,417,961 shs

Average Volume

6,431,706 shs

Market Capitalization

$4.51 billion

P/E Ratio

27.53

Dividend Yield

4.15%

Beta

2.1

Frequently Asked Questions

What sell-side analysts currently cover shares of Macy's?

The following Wall Street research analysts have issued reports on Macy's in the last year: Argus, Citigroup Inc., Evercore ISI, Gordon Haskett, Guggenheim, JPMorgan Chase & Co., Morgan Stanley, StockNews.com, TD Cowen, Telsey Advisory Group, The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for M.

What is the current price target for Macy's?

0 Wall Street analysts have set twelve-month price targets for Macy's in the last year. Their average twelve-month price target is $18.56, suggesting a possible upside of 14.3%. JPMorgan Chase & Co. has the highest price target set, predicting M will reach $27.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $9.00 for Macy's in the next year.
View the latest price targets for M.

What is the current consensus analyst rating for Macy's?

Macy's currently has 1 sell rating, 7 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in M, but not buy more shares or sell existing shares.
View the latest ratings for M.

What other companies compete with Macy's?

Other companies that are similar to Macy's include Dillard's, Nordstrom, Kohl's, Burlington Stores and Builders FirstSource. Learn More about companies similar to Macy‘s.

How do I contact Macy's' investor relations team?

Macy's' physical mailing address is 151 WEST 34TH STREET, NEW YORK NY, 10001. The company's listed phone number is (212) 494-1621 and its investor relations email address is [email protected]. The official website for Macy's is www.macysinc.com. Learn More about contacing Macy‘s investor relations.