Macy's Inc
NYSE:M

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Macy's Inc
NYSE:M
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Price: 18.025 USD 7.16%
Market Cap: 5B USD
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Wall Street
Price Targets

M Price Targets Summary
Macy's Inc

Wall Street analysts forecast M stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for M is 17.603 USD with a low forecast of 9.09 USD and a high forecast of 25.032 USD.

Lowest
Price Target
9.09 USD
50% Downside
Average
Price Target
17.603 USD
2% Downside
Highest
Price Target
25.032 USD
39% Upside

M Last Price Targets
Macy's Inc

The latest public price target was made on Aug 22, 2024 by Alex Straton from Morgan Stanley , who expects M stock to drop by 6% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Alex Straton
Morgan Stanley
17 USD
Downside 6%
4 months ago
Aug 22, 2024
Macy's price target lowered to $17 from $18 at Morgan Stanley
TheFly
Paul Lejuez
Citigroup
17 USD
Downside 6%
4 months ago
Aug 21, 2024
Macy's to trade down on 'very weak' sales results, says Citi
TheFly
Michael Binetti
Evercore ISI
17 USD
Downside 6%
5 months ago
Jul 15, 2024
Macy's price target lowered to $17 from $22 at Evercore ISI
TheFly
Jay Sole
UBS
10 USD
Downside 45%
7 months ago
May 22, 2024
UBS Reiterates Sell Rating on Macy's (M)
StreetInsider
Brooke Roach
Goldman Sachs
23 USD
Upside 28%
7 months ago
May 22, 2024
Macy's 'Bold New Chapter' Gains Traction: Analysts Say Retailer Delivers In Q1 Results, While Some Risk Remains
Benzinga
Zachary Warring
CFRA
19 USD
Upside 5%
7 months ago
May 21, 2024
Macy's (M) PT Raised to $19 at CFRA
StreetInsider
Alex Straton
Morgan Stanley
19 USD
Upside 5%
7 months ago
May 6, 2024
Macy's price target lowered to $19 from $20 at Morgan Stanley
TheFly
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Alex Straton
Morgan Stanley
Price Target 17 USD
Upside/Downside 6%
View Source
Paul Lejuez
Citigroup
Price Target 17 USD
Upside/Downside 6%
View Source
Michael Binetti
Evercore ISI
Price Target 17 USD
Upside/Downside 6%
View Source
Jay Sole
UBS
Price Target 10 USD
Upside/Downside 45%
View Source
Brooke Roach
Goldman Sachs
Price Target 23 USD
Upside/Downside 28%
View Source
Zachary Warring
CFRA
Price Target 19 USD
Upside/Downside 5%
View Source
Alex Straton
Morgan Stanley
Price Target 19 USD
Upside/Downside 5%
View Source
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Revenue
Forecast

Revenue Estimate
Macy's Inc

For the last 8 years the compound annual growth rate for Macy's Inc's revenue is -2%. The projected CAGR for the next 3 years is -3%.

-2%
Past Growth
-3%
Estimated Growth
Estimates Accuracy
1%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Macy's Inc

For the last 8 years the compound annual growth rate for Macy's Inc's operating income is -7%. The projected CAGR for the next 3 years is -9%.

-7%
Past Growth
-9%
Estimated Growth
Estimates Accuracy
-6%
Average Miss

Net Income
Forecast

Net Income Estimate
Macy's Inc

For the last 8 years the compound annual growth rate for Macy's Inc's net income is -25%. The projected CAGR for the next 3 years is 90%.

-25%
Past Growth
90%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is M's stock price target?
Price Target
17.603 USD

According to Wall Street analysts, the average 1-year price target for M is 17.603 USD with a low forecast of 9.09 USD and a high forecast of 25.032 USD.

What is Macy's Inc's Revenue forecast?
Projected CAGR
-3%

For the last 8 years the compound annual growth rate for Macy's Inc's revenue is -2%. The projected CAGR for the next 3 years is -3%.

What is Macy's Inc's Operating Income forecast?
Projected CAGR
-9%

For the last 8 years the compound annual growth rate for Macy's Inc's operating income is -7%. The projected CAGR for the next 3 years is -9%.

What is Macy's Inc's Net Income forecast?
Projected CAGR
90%

For the last 8 years the compound annual growth rate for Macy's Inc's net income is -25%. The projected CAGR for the next 3 years is 90%.

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