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NYSE: M
Macy's Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for M

Based on 9 analysts offering 12 month price targets for Macy's Inc.
Min Forecast
$10.00-39.25%
Avg Forecast
$14.11-14.27%
Max Forecast
$19.00+15.43%

Should I buy or sell M stock?

Based on 9 analysts offering ratings for Macy's Inc.
Hold
Strong Buy
2 analysts 22.22%
Buy
0 analysts 0%
Hold
5 analysts 55.56%
Sell
1 analysts 11.11%
Strong Sell
1 analysts 11.11%

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M stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-11-07
lockedlocked$00.00+00.00%2023-09-27
lockedlocked$00.00+00.00%2023-08-23
UBS
Top 7%
94
Strong SellMaintains$10.00-39.25%2023-08-23
Bank of America
Bottom 7%
7
SellMaintains$12.00-27.10%2023-08-23
Citigroup
Top 4%
97
HoldMaintains$13.00-21.02%2023-08-23
Morgan Stanley
Top 18%
83
HoldMaintains$15.00-8.87%2023-08-07

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Forecast return on equity

Is M forecast to generate an efficient return?
Company
N/A
Industry
12.11%
Market
30.45%

Forecast return on assets

Is M forecast to generate an efficient return on assets?
Company
N/A
Industry
0.98%

M revenue forecast

What is M's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$23.2B-2.39%
Avg 2 year Forecast
$22.9B-3.39%
Avg 3 year Forecast
$23.3B-2.01%
M's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

M earnings growth forecast

How is M forecast to perform vs Department Stores companies and vs the US market?
Company
23.24%
Industry
17.68%
Market
17.93%
M's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
M's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
M's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

M revenue growth forecast

How is M forecast to perform vs Department Stores companies and vs the US market?
Company
-0.86%
Industry
-1.04%
Market
7.54%
M's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
M's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

M vs Department Store Stocks

TickerPricePrice TargetUp/downsideConsensus
M$16.46$14.11-14.27%Hold
DDS$358.22$330.00-7.88%Hold
KSS$23.45$26.25+11.94%Hold
JWN$15.46$15.33-0.82%Hold
CBD$0.78N/AN/A
View Top Department Store Stocks

Macy's Stock Forecast FAQ

Is Macy's Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: M) stock is to Hold M stock.

Out of 9 analysts, 2 (22.22%) are recommending M as a Strong Buy, 0 (0%) are recommending M as a Buy, 5 (55.56%) are recommending M as a Hold, 1 (11.11%) are recommending M as a Sell, and 1 (11.11%) are recommending M as a Strong Sell.

If you're new to stock investing, here's how to buy Macy's stock.

What is M's revenue growth forecast for 2024-2026?

(NYSE: M) Macy's's forecast annual revenue growth rate of -0.86% is forecast to beat the US Department Stores industry's average forecast revenue growth rate of -1.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.54%.

Macy's's revenue in 2023 is $23,755,000,000.On average, 6 Wall Street analysts forecast M's revenue for 2024 to be $6,354,795,622,273, with the lowest M revenue forecast at $6,301,844,656,269, and the highest M revenue forecast at $6,525,489,858,204. On average, 6 Wall Street analysts forecast M's revenue for 2025 to be $6,289,799,133,724, with the lowest M revenue forecast at $6,118,686,935,975, and the highest M revenue forecast at $6,434,601,114,684.

In 2026, M is forecast to generate $6,379,780,968,618 in revenue, with the lowest revenue forecast at $6,289,390,764,472 and the highest revenue forecast at $6,502,567,735,835.

What is M's forecast return on assets (ROA) for 2024-2026?

(NYSE: M) forecast ROA is N/A, which is lower than the forecast US Department Stores industry average of 0.98%.

What is M's Price Target?

According to 9 Wall Street analysts that have issued a 1 year M price target, the average M price target is $14.11, with the highest M stock price forecast at $19.00 and the lowest M stock price forecast at $10.00.

On average, Wall Street analysts predict that Macy's's share price could fall to $14.11 by Nov 17, 2024. The average Macy's stock price prediction forecasts a potential downside of 14.27% from the current M share price of $16.46.

What is M's forecast return on equity (ROE) for 2024-2026?

(NYSE: M) forecast ROE is N/A, which is considered weak.
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