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M Stock Forecast: Macy's Inc. Price Predictions for 2026

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$21.74

+0.17 (0.79%)

M Stock Forecast 2026-2027

$21.74
Current Price
$5.78B
Market Cap
13 Ratings
Buy 1
Hold 11
Sell 1
Wall St Analyst Ratings

Distance to M Price Targets

+24.2%
To High Target of $27.00
+8.1%
To Median Target of $23.50
-63.2%
To Low Target of $8.00

M Price Momentum

-6.2%
1 Week Change
-6.9%
1 Month Change
+55.4%
1 Year Change
-1.4%
Year-to-Date Change
-10.9%
From 52W High of $24.41
+122.7%
From 52W Low of $9.76
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Latest M Stock Price Targets & Analyst Predictions

Based on our analysis of 26 Wall Street analysts, M has a neutral consensus with a median price target of $23.50 (ranging from $8.00 to $27.00). The overall analyst rating is Buy (6.0/10). Currently trading at $21.74, the median forecast implies a 8.1% upside. This outlook is supported by 1 Buy, 11 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Blake Anderson at Jefferies, projecting a 24.2% upside. Conversely, the most conservative target is provided by Jay Sole at UBS, suggesting a 63.2% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

M Analyst Ratings

1
Buy
11
Hold
1
Sell

M Price Target Range

Low
$8.00
Average
$23.50
High
$27.00
Current: $21.74

Latest M Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for M.

Date Firm Analyst Rating Change Price Target
Jan 14, 2026 Jefferies Blake Anderson Buy Assumes $27.00
Dec 12, 2025 Jefferies Ashley Helgans Buy Maintains $27.00
Dec 10, 2025 Guggenheim Simeon Siegel Neutral Initiates $N/A
Dec 5, 2025 Morgan Stanley Alex Straton Equal-Weight Maintains $21.00
Dec 5, 2025 Evercore ISI Group Michael Binetti In-Line Maintains $21.00
Dec 5, 2025 Goldman Sachs Brooke Roach Neutral Maintains $22.00
Dec 4, 2025 UBS Jay Sole Sell Maintains $8.00
Dec 4, 2025 Jefferies Ashley Helgans Buy Maintains $26.00
Dec 4, 2025 Citigroup Paul Lejuez Neutral Maintains $24.00
Dec 4, 2025 Telsey Advisory Group Dana Telsey Market Perform Maintains $25.00
Dec 3, 2025 Telsey Advisory Group Dana Telsey Market Perform Maintains $22.00
Dec 1, 2025 UBS Jay Sole Sell Maintains $7.00
Nov 28, 2025 Telsey Advisory Group Dana Telsey Market Perform Maintains $22.00
Nov 19, 2025 Citigroup Paul Lejuez Neutral Maintains $19.00
Oct 15, 2025 BTIG Robert Drbul Neutral Initiates $N/A
Oct 6, 2025 Goldman Sachs Brooke Roach Neutral Maintains $16.50
Sep 18, 2025 Morgan Stanley Alex Straton Equal-Weight Maintains $16.00
Sep 4, 2025 Jefferies Ashley Helgans Buy Maintains $18.50
Sep 4, 2025 Barclays Paul Kearney Equal-Weight Maintains $15.00
Sep 4, 2025 Goldman Sachs Brooke Roach Neutral Maintains $14.50

Macy's Inc. (M) Competitors

The following stocks are similar to Macy's based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Macy's Inc. (M) Financial Data

Macy's Inc. has a market capitalization of $5.78B with a P/E ratio of 12.8x. The company generates $22.71B in trailing twelve-month revenue with a 2.1% profit margin.

Revenue growth is +0.2% quarter-over-quarter, while maintaining an operating margin of +0.8% and return on equity of +11.3%.

Valuation Metrics

Market Cap $5.78B
Enterprise Value $10.58B
P/E Ratio 12.8x
PEG Ratio -0.2x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) +0.2%
Gross Margin +41.9%
Operating Margin +0.8%
Net Margin +2.1%
EPS Growth -60.7%

Financial Health

Cash/Price Ratio +7.7%
Current Ratio 1.3x
Debt/Equity 121.1x
ROE +11.3%
ROA +3.2%
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Macy's Inc. logo

Macy's Inc. (M) Business Model

About Macy's Inc.

What They Do

Operates a well-known department store chain.

Business Model

Macy's Inc. generates revenue through sales of a wide range of consumer products across its department stores and e-commerce platform. The company focuses on both in-store shopping and online sales, catering to a diverse customer base through its various brands, including Macy's and Bloomingdale's.

Additional Information

Macy's Inc. is a key player in the retail sector with a significant presence in urban centers, highlighted by its flagship Herald Square store in New York City. The company enhances customer engagement through events like the Thanksgiving Day Parade, while emphasizing a seamless shopping experience across its physical and online platforms.

Company Information

Sector

Consumer Cyclical

Industry

Department Stores

Employees

94,189

CEO

Mr. Antony Spring

Country

United States

IPO Year

1992

Macy's Inc. (M) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Macy's (M) Laps the Stock Market: Here's Why

Macy's (M) concluded the recent trading session at $21.57, signifying a +1.79% move from its prior day's close.

Jan 15, 2026 By Zacks Equity Research Tale of the Tape

Is Macy's Stock a Buy or Sell at Its Current Valuation?

M's trades at a steep valuation discount even as earnings estimates rise and management lifts guidance under its Bold New Chapter strategy.

Jan 14, 2026 By Swagata Bhattacharya Analyst Blog

Are Investors Undervaluing Macy's (M) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Jan 13, 2026 By Zacks Equity Research Tale of the Tape

Latest News

M stock latest news image
Quick Summary

Macy's plans to close 14 additional stores as part of its "Bold New Chapter" strategy to enhance profitability and streamline operations.

Why It Matters

Macy's store closures indicate a shift to improve profitability and efficiency, potentially impacting sales and stock performance, signaling to investors the company's adaptation to market challenges.

Source: Fox Business
Market Sentiment: Neutral
M stock latest news image
Quick Summary

The retailer is executing a transformational strategy by divesting assets and closing underperforming stores to improve efficiency.

Why It Matters

The retailer's asset divestiture and store closures indicate improved efficiency and potential for higher profitability, positively impacting investor sentiment and stock performance.

Source: The Motley Fool
Market Sentiment: Neutral
M stock latest news image
Quick Summary

A new carousel shop, created with Warner Bros. Discovery, offers romantic gifts and exclusive treats inspired by "Wuthering Heights," along with immersive events and a collaboration with AQUA.

Why It Matters

The partnership with Warner Bros. Discovery may enhance brand visibility and drive sales, indicating potential revenue growth for stakeholders involved in the new carousel shop.

Source: PRNewsWire
Market Sentiment: Neutral
M stock latest news image
Quick Summary

M's stock is currently undervalued despite increasing earnings estimates and improved management guidance under its Bold New Chapter strategy.

Why It Matters

M's low valuation despite rising earnings estimates and improved management guidance signals potential for significant upside, attracting investor interest and indicating possible stock price appreciation.

Source: Zacks Investment Research
Market Sentiment: Neutral
M stock latest news image
Quick Summary

Macy's (M) closed at $21.57, up 1.79% from the previous day.

Why It Matters

Macy's stock increase indicates positive market sentiment, potentially boosting investor confidence and signaling stronger performance or recovery prospects.

Source: Zacks Investment Research
Market Sentiment: Neutral
M stock latest news image
Quick Summary

M is enhancing omni-channel sales through digital upgrades, the Reimagine 125 store initiative, and automated fulfillment, leading to increased sales and customer engagement.

Why It Matters

M's omni-channel momentum indicates strong future growth potential, driven by digital enhancements and improved customer experiences, likely boosting investor confidence and stock performance.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About M Stock

What is Macy's Inc.'s (M) stock forecast for 2026?

Based on our analysis of 26 Wall Street analysts, Macy's Inc. (M) has a median price target of $23.50. The highest price target is $27.00 and the lowest is $8.00.

Is M stock a good investment in 2026?

According to current analyst ratings, M has 1 Buy ratings, 11 Hold ratings, and 1 Sell ratings. The stock is currently trading at $21.74. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for M stock?

Wall Street analysts predict M stock could reach $23.50 in the next 12 months. This represents a 8.1% increase from the current price of $21.74. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Macy's Inc.'s business model?

Macy's Inc. generates revenue through sales of a wide range of consumer products across its department stores and e-commerce platform. The company focuses on both in-store shopping and online sales, catering to a diverse customer base through its various brands, including Macy's and Bloomingdale's.

What is the highest forecasted price for M Macy's Inc.?

The highest price target for M is $27.00 from Blake Anderson at Jefferies, which represents a 24.2% increase from the current price of $21.74.

What is the lowest forecasted price for M Macy's Inc.?

The lowest price target for M is $8.00 from Jay Sole at UBS, which represents a -63.2% decrease from the current price of $21.74.

What is the overall M consensus from analysts for Macy's Inc.?

The overall analyst consensus for M is neutral. Out of 26 Wall Street analysts, 1 rate it as Buy, 11 as Hold, and 1 as Sell, with a median price target of $23.50.

How accurate are M stock price projections?

Stock price projections, including those for Macy's Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: January 18, 2026 3:51 PM UTC
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