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Macy's
MNYSE
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Macy's (NYSE:M) Stock, Analyst Ratings, Price Targets, Forecasts
Macy's Inc has a consensus price target of $21.75 based on the ratings of 21 analysts. The high is $33 issued by Gordon Haskett on September 28, 2021. The low is $10 issued by UBS on August 23, 2023. The 3 most-recent analyst ratings were released by Evercore ISI Group, TD Cowen, and JP Morgan on July 16, 2024, May 22, 2024, and May 22, 2024, respectively. With an average price target of $21.67 between Evercore ISI Group, TD Cowen, and JP Morgan, there's an implied 32.36% upside for Macy's Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
TD Cowen
JP Morgan
Telsey Advisory Group
Morgan Stanley
1calculated from analyst ratings
Analyst Ratings for Macy's
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/16/2024 | Buy Now | 3.85% | Evercore ISI Group | Michael Binetti | $22 → $17 | Maintains | In-Line | Get Alert |
| 05/22/2024 | Buy Now | 28.28% | TD Cowen | Adam Maeder | $20 → $21 | Maintains | Hold | Get Alert |
| 05/22/2024 | Buy Now | 64.94% | JP Morgan | Matthew Boss | $25 → $27 | Maintains | Overweight | Get Alert |
| 05/22/2024 | Buy Now | 28.28% | Telsey Advisory Group | Dana Telsey | $21 → $21 | Maintains | Market Perform | Get Alert |
| 05/21/2024 | Buy Now | 28.28% | Telsey Advisory Group | Dana Telsey | $21 → $21 | Maintains | Market Perform | Get Alert |
| 03/28/2024 | Buy Now | 28.28% | Telsey Advisory Group | Dana Telsey | $21 → $21 | Maintains | Market Perform | Get Alert |
| 03/11/2024 | Buy Now | 52.72% | JP Morgan | Matthew Boss | $23 → $25 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 22.17% | TD Cowen | Adam Maeder | $23 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
| 02/28/2024 | Buy Now | 22.17% | Morgan Stanley | Alexandra Walvis | $21 → $20 | Maintains | Equal-Weight | Get Alert |
| 02/28/2024 | Buy Now | 34.39% | Goldman Sachs | Brooke Roach | $16 → $22 | Maintains | Buy | Get Alert |
| 02/28/2024 | Buy Now | 28.28% | Telsey Advisory Group | Dana Telsey | $15 → $21 | Maintains | Market Perform | Get Alert |
| 02/21/2024 | Buy Now | -8.37% | Telsey Advisory Group | Dana Telsey | → $15 | Reiterates | Market Perform → Market Perform | Get Alert |
| 02/02/2024 | Buy Now | 9.96% | Citigroup | Paul Lejuez | $14 → $18 | Upgrade | Sell → Neutral | Get Alert |
| 12/12/2023 | Buy Now | -14.48% | Citigroup | Paul Lejuez | → $14 | Downgrade | Neutral → Sell | Get Alert |
| 11/17/2023 | Buy Now | 16.07% | JP Morgan | Matthew Boss | $16 → $19 | Maintains | Overweight | Get Alert |
| 11/17/2023 | Buy Now | -8.37% | Telsey Advisory Group | Dana Telsey | $14 → $15 | Maintains | Market Perform | Get Alert |
| 11/07/2023 | Buy Now | -20.59% | Evercore ISI Group | Michael Binetti | → $13 | Initiates | → In-Line | Get Alert |
| 09/27/2023 | Buy Now | -20.59% | Gordon Haskett | Chuck Grom | → $13 | Downgrade | Buy → Hold | Get Alert |
| 08/23/2023 | Buy Now | 3.85% | Goldman Sachs | Brooke Roach | $23 → $17 | Maintains | Buy | Get Alert |
| 08/23/2023 | Buy Now | -38.91% | UBS | Jay Sole | $12 → $10 | Maintains | Sell | Get Alert |
| 08/23/2023 | Buy Now | -26.7% | B of A Securities | Lorraine Hutchinson | $13 → $12 | Maintains | Underperform | Get Alert |
| 08/23/2023 | Buy Now | -20.59% | Citigroup | Paul Lejuez | $15 → $13 | Maintains | Neutral | Get Alert |
| 08/23/2023 | Buy Now | -14.48% | Telsey Advisory Group | Dana Telsey | $16 → $14 | Maintains | Market Perform | Get Alert |
| 08/22/2023 | Buy Now | -2.26% | Telsey Advisory Group | Dana Telsey | → $16 | Reiterates | Market Perform → Market Perform | Get Alert |
| 08/15/2023 | Buy Now | -2.26% | Telsey Advisory Group | Dana Telsey | → $16 | Reiterates | Market Perform → Market Perform | Get Alert |
| 08/07/2023 | Buy Now | -8.37% | Morgan Stanley | Alexandra Walvis | $23 → $15 | Maintains | Equal-Weight | Get Alert |
| 06/07/2023 | Buy Now | -26.7% | UBS | Jay Sole | $12.75 → $12 | Maintains | Sell | Get Alert |
| 06/02/2023 | Buy Now | -8.37% | Citigroup | Paul Lejuez | $16 → $15 | Reiterates | → Neutral | Get Alert |
| 06/02/2023 | Buy Now | 40.5% | Goldman Sachs | Brooke Roach | $26 → $23 | Maintains | Buy | Get Alert |
| 06/02/2023 | Buy Now | -2.26% | Telsey Advisory Group | Dana Telsey | $25 → $16 | Maintains | Market Perform | Get Alert |
| 06/01/2023 | Buy Now | 52.72% | Telsey Advisory Group | Dana Telsey | → $25 | Reiterates | Market Perform → Market Perform | Get Alert |
| 05/24/2023 | Buy Now | 52.72% | Telsey Advisory Group | Dana Telsey | → $25 | Reiterates | Market Perform → Market Perform | Get Alert |
| 05/17/2023 | Buy Now | 58.83% | Goldman Sachs | Brooke Roach | $29 → $26 | Maintains | Buy | Get Alert |
| 04/03/2023 | Buy Now | 77.15% | JP Morgan | Matthew Boss | $28 → $29 | Upgrade | Neutral → Overweight | Get Alert |
| 03/30/2023 | Buy Now | 52.72% | Telsey Advisory Group | Dana Telsey | → $25 | Reiterates | → Market Perform | Get Alert |
| 03/29/2023 | Buy Now | 9.96% | Gordon Haskett | Chuck Grom | → $18 | Downgrade | Accumulate → Hold | Get Alert |
| 03/03/2023 | Buy Now | 40.5% | Morgan Stanley | Alexandra Walvis | $21 → $23 | Maintains | Equal-Weight | Get Alert |
| 03/03/2023 | Buy Now | 71.04% | JP Morgan | Scott Goldman | $26 → $28 | Maintains | Neutral | Get Alert |
| 03/03/2023 | Buy Now | 22.17% | Credit Suisse | Michael Binetti | $19 → $20 | Maintains | Underperform | Get Alert |
| 03/03/2023 | Buy Now | 52.72% | Telsey Advisory Group | Dana Telsey | → $25 | Reiterates | → Market Perform | Get Alert |
| 02/24/2023 | Buy Now | 52.72% | Telsey Advisory Group | Dana Telsey | → $25 | Reiterates | → Market Perform | Get Alert |
| 02/23/2023 | Buy Now | 40.5% | Citigroup | Paul Lejuez | $22 → $23 | Maintains | Neutral | Get Alert |
| 01/30/2023 | Buy Now | 71.04% | Goldman Sachs | Brooke Roach | → $28 | Initiates | → Buy | Get Alert |
| 01/23/2023 | Buy Now | 58.83% | JP Morgan | Matthew Boss | $28 → $26 | Maintains | Neutral | Get Alert |
| 11/18/2022 | Buy Now | 46.61% | Deutsche Bank | Gabriella Carbone | $25 → $24 | Maintains | Hold | Get Alert |
| 11/18/2022 | Buy Now | 52.72% | Citigroup | Paul Lejuez | $21 → $25 | Maintains | Neutral | Get Alert |
| 11/09/2022 | Buy Now | — | OTR Global | — | — | Upgrade | Mixed → Positive | Get Alert |
| 09/15/2022 | Buy Now | 40.5% | Jefferies | Ashley Helgans | $30 → $23 | Maintains | Buy | Get Alert |
| 08/24/2022 | Buy Now | 83.26% | Evercore ISI Group | Omar Saad | $35 → $30 | Maintains | Outperform | Get Alert |
| 08/24/2022 | Buy Now | 28.28% | Morgan Stanley | Kimberly Greenberger | $22 → $21 | Maintains | Equal-Weight | Get Alert |
| 08/24/2022 | Buy Now | 28.28% | Citigroup | Paul Lejuez | $23 → $21 | Maintains | Neutral | Get Alert |
| 08/24/2022 | Buy Now | 52.72% | Telsey Advisory Group | Dana Telsey | $28 → $25 | Maintains | Market Perform | Get Alert |
| 07/07/2022 | Buy Now | -8.37% | B of A Securities | Lorraine Hutchinson | $22 → $15 | Maintains | Underperform | Get Alert |
| 05/27/2022 | Buy Now | 77.15% | Deutsche Bank | Gabriella Carbone | $34 → $29 | Maintains | Hold | Get Alert |
| 05/27/2022 | Buy Now | 34.39% | Morgan Stanley | Kimberly Greenberger | $20 → $22 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 05/27/2022 | Buy Now | 40.5% | Citigroup | Paul Lejuez | $25 → $23 | Maintains | Neutral | Get Alert |
| 05/27/2022 | Buy Now | 71.04% | Telsey Advisory Group | Dana Telsey | $30 → $28 | Maintains | Market Perform | Get Alert |
| 05/16/2022 | Buy Now | 83.26% | JP Morgan | Matthew Boss | $33 → $30 | Maintains | Neutral | Get Alert |
| 02/23/2022 | Buy Now | 22.17% | Morgan Stanley | Kimberly Greenberger | $23 → $20 | Maintains | Underweight | Get Alert |
| 02/23/2022 | Buy Now | 52.72% | Credit Suisse | Michael Binetti | $32 → $25 | Maintains | Underperform | Get Alert |
| 02/23/2022 | Buy Now | 107.7% | Deutsche Bank | Gabriella Carbone | $32 → $34 | Maintains | Hold | Get Alert |
| 02/16/2022 | Buy Now | 205.44% | Evercore ISI Group | Omar Saad | → $50 | Upgrade | In-Line → Outperform | Get Alert |
| 02/15/2022 | Buy Now | 83.26% | Telsey Advisory Group | Dana Telsey | $40 → $30 | Maintains | Market Perform | Get Alert |
| 01/04/2022 | Buy Now | 101.59% | JP Morgan | Matthew Boss | $37 → $33 | Maintains | Neutral | Get Alert |
| 11/19/2021 | Buy Now | 77.15% | Citigroup | — | — | Maintains | Sell | Get Alert |
| 11/19/2021 | Buy Now | 95.48% | Credit Suisse | Michael Binetti | — | Maintains | Underperform | Get Alert |
| 11/19/2021 | Buy Now | 144.35% | Telsey Advisory Group | Dana Telsey | — | Maintains | Market Perform | Get Alert |
| 11/11/2021 | Buy Now | 101.59% | Telsey Advisory Group | Dana Telsey | — | Maintains | Market Perform | Get Alert |
| 09/28/2021 | Buy Now | 101.59% | Gordon Haskett | Bill Kirk | — | Upgrade | Hold → Buy | Get Alert |
| 09/09/2021 | Buy Now | 64.94% | Cowen & Co. | Oliver Chen | — | Upgrade | Market Perform → Outperform | Get Alert |
| 08/20/2021 | Buy Now | 16.07% | Credit Suisse | — | — | Maintains | Underperform | Get Alert |
| 08/20/2021 | Buy Now | 28.28% | Morgan Stanley | Kimberly Greenberger | — | Maintains | Underweight | Get Alert |
| 08/20/2021 | Buy Now | 52.72% | JP Morgan | Matthew Boss | — | Upgrade | Underweight → Neutral | Get Alert |
| 08/20/2021 | Buy Now | 46.61% | Telsey Advisory Group | Dana Telsey | — | Maintains | Market Perform | Get Alert |
| 08/16/2021 | Buy Now | 28.28% | Telsey Advisory Group | Dana Telsey | — | Maintains | Market Perform | Get Alert |
| 08/09/2021 | Buy Now | — | OTR Global | — | — | Upgrade | Mixed → Positive | Get Alert |
FAQ
What is the target price for Macy's (M) stock?
The latest price target for Macy's (NYSE:M) was reported by Evercore ISI Group on July 16, 2024. The analyst firm set a price target for $17.00 expecting M to rise to within 12 months (a possible 3.85% upside). 26 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Macy's (M)?
The latest analyst rating for Macy's (NYSE:M) was provided by Evercore ISI Group, and Macy's maintained their in-line rating.
When was the last upgrade for Macy's (M)?
The last upgrade for Macy's Inc happened on February 2, 2024 when Citigroup raised their price target to $18. Citigroup previously had a sell for Macy's Inc.
When was the last downgrade for Macy's (M)?
The last downgrade for Macy's Inc happened on February 29, 2024 when TD Cowen changed their price target from $23 to $20 for Macy's Inc.
When is the next analyst rating going to be posted or updated for Macy's (M)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Macy's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Macy's was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.
Is the Analyst Rating Macy's (M) correct?
While ratings are subjective and will change, the latest Macy's (M) rating was a maintained with a price target of $22.00 to $17.00. The current price Macy's (M) is trading at is $16.37, which is out of the analyst’s predicted range.
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