MConsumer Cyclical · Department Stores

M Stock Forecast: Macy's, Inc. Price Predictions for 2026-2027

Last close, 3 Aug 2026

$26

+4.55% on the day

The 13 Wall Street analysts covering Macy's, Inc. hold a median 12-month price target of $23 — -11.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 95 of 100 as at 1 Aug 2026 — among the strongest tenth. The factors read stronger than the Street's target implies. That gap is the story on this page.

Market cap

$6.5B

Ticker Nerd rank

95 / 100

Median analyst target

$23

Analysts covering

Total return, dividends reinvested

+4.0%

+11.6%

YTD

+19.9%

+117.8%

From 52W high

−0.0%

From 52W low

+126.3%

$11

$26

52-week range, adjusted closes · the dot is the last close

Ticker Nerd rank

M stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Macy's, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 1 Aug 2026

95 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value

Issuance

Momentum

Accruals

Revisions

Quality

Growth

Volatility

Size

Value (98): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Volatility (35): The share price moves around a lot.

Size (20): Larger than most of the companies we track — more scrutinised, less often mispriced.

The rank is the raw material. Whether the rules would actually own Macy's, Inc. — and when they’d sell — is the membership.

Wall Street

M stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on M, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says13 analysts

2 Buy10 Hold1 Sell

Low $9Median $23High $30

The green dot is the last close — the median target sits −11.4% from it.

Recent analyst actionsNewest first

Date	Firm	Action	Rating	Target
7 July 2026	Morgan Stanley	Reinstates	Overweight	$30
22 June 2026	TD Cowen	Maintains	Hold	—
4 June 2026	Citigroup	Maintains	Neutral	—
4 June 2026	Evercore ISI Group	Maintains	In-Line	—
4 June 2026	JP Morgan	Maintains	Neutral	—
4 June 2026	Telsey Advisory Group	Maintains	Market Perform	—
1 Apr 2026	Telsey Advisory Group	Maintains	Market Perform	—
19 Mar 2026	Citigroup	Maintains	Neutral	—
19 Mar 2026	TD Cowen	Maintains	Hold	—
19 Mar 2026	Telsey Advisory Group	Maintains	Market Perform	—
18 Mar 2026	JP Morgan	Maintains	Neutral	—
18 Mar 2026	Telsey Advisory Group	Maintains	Market Perform	—
9 Mar 2026	UBS	Maintains	Sell	—
14 Jan 2026	Jefferies	Assumes	Buy	$27
12 Dec 2025	Jefferies	Maintains	Buy	—
10 Dec 2025	Guggenheim	Initiates	Neutral	—
5 Dec 2025	Evercore ISI Group	Maintains	In-Line	—
5 Dec 2025	Goldman Sachs	Maintains	Neutral	—
5 Dec 2025	Morgan Stanley	Maintains	Equal-Weight	—
4 Dec 2025	Citigroup	Maintains	Neutral	—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

M analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year

EPS revision, 90 days

+4.9%

Analysts raising

Analysts cutting

Fundamentals

Macy's, Inc. (M) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation

Trailing P/E: 10.3×
Price / sales: 0.3×
Price / book: 1.3×
EV / EBITDA: 7.3×

Growth & margins

Revenue growth (YoY): 2.1%
Earnings growth (YoY): 65.8%
Gross margin: 41.5%
Operating margin: 1.8%
Net margin: 2.9%

Returns & dividend

Return on equity: 14.4%
Return on assets: 3.4%
Dividend yield: 3.1%

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

M vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelDepartment Stores

Company	Market cap	TKN rank
MMacy's, Inc.	$6.5B	95
DDSDillard's, Inc.	$9.2B	88
KSSKohl's Corp.	$2.1B	92
PLBLPolibeli Group Ltd.	$2.0B	3
LEALear Corp.*	$6.5B	95
GLBEGlobal-e Online Ltd.*	$6.6B	76
MBLYMobileye Global, Inc.*	$6.5B	68

* Nearest Consumer Cyclical names by size — few department stores companies of this scale trade in the US universe.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. M appears on the weeks it earns a place.

News

Latest M news & analysis

Why Macy's (M) Could Beat Earnings Estimates Again

Zacks Investment Research · 3 Aug 2026positive

Zacks Investment Research reported that Macy's has an impressive earnings surprise history and currently has the right combination of two key ingredients for a likely beat in its next quarterly report.

Why it matters — Macy's watchers would care because the report points to the possibility that the company could beat earnings estimates again, a pattern that has historically drawn investor attention.

Avolon Q2 Net Income up 45% to US$209 Million

Business Wire · 30 July 2026neutral

Avolon, a global aviation finance company, reported Q2 2026 net income of US$209 million, a 45% increase year-over-year, driven by lease revenue growth and improved operating cashflow.

Why it matters — As a company operating in the aviation and transportation sector, Avolon's financial results can reflect broader industry trends that may indirectly impact Macy's supply chain and shipping costs.

Macy's (M) Suffers a Larger Drop Than the General Market: Key Insights

Zacks Investment Research · 29 July 2026negative

Macy's (M) shares closed at $24.76, down 1.55% from the previous trading day, with the drop larger than that of the general market.

Why it matters — A decline exceeding the broader market could signal specific headwinds or investor sentiment unique to Macy's that may affect its near-term performance.

Five Below vs. Macy's: Which Retail Stock Holds More Promise?

Zacks Investment Research · 29 July 2026neutral

Zacks Investment Research compared Five Below and Macy's, noting that Macy's is advancing its turnaround through Reimagine stores, luxury banners and AI initiatives.

Why it matters — The comparison highlights Macy's ongoing turnaround strategy and its efforts to remain competitive through store renovations, luxury offerings and technology investments.

Ecora Royalties PLC Announces Q2 2026 Trading Update

Accesswire · 29 July 2026neutral

Ecora Royalties PLC, a company unrelated to Macy's, Inc., issued a Q2 2026 trading update for the period 1 April to 30 June 2026, noting a strong quarter with cash generation from its critical minerals portfolio.

Why it matters — This news does not directly involve Macy's, Inc., so it is not relevant to watchers of M stock.

FAQ

Frequently asked questions about M stock

What is the M stock price forecast for 2026-2027?

The 13 Wall Street analysts covering Macy's, Inc. have a median 12-month price target of $23, with estimates ranging from $9 to $30. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is M stock a buy right now?

Of the 13 analysts covering Macy's, Inc., 2 rate it a Buy, 10 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Macy's, Inc. 95 out of 100 across roughly 4,600 US stocks as at 1 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank M?

As at 1 Aug 2026, Macy's, Inc. ranks 95 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (98 of 100).

Will M stock go up?

No one can know that. What the data says: the median 12-month target from 13 analysts implies -11.4% from the last close, and Ticker Nerd's factor model ranks Macy's, Inc. 95 out of 100 as at 1 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the M stock forecast for 2030?

No analyst covering Macy's, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for M are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $9 to $30 over the next 12 months.

How has M stock performed over the past year?

Macy's, Inc. returned +117.8% over the 12 months to 3 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Macy's, Inc. do?

Macy's Inc. is a U.S.-based department store company headquartered in New York City that operates a portfolio of retail brands focused on apparel, beauty, and home goods.

What is the latest news on M?

The most recent item we track (Zacks Investment Research, 3 Aug 2026): "Why Macy's (M) Could Beat Earnings Estimates Again". Zacks Investment Research reported that Macy's has an impressive earnings surprise history and currently has the right combination of two key ingredients for a likely beat in its next quarterly report.

Company

About Macy's, Inc.

Macy's Inc. is a U.S.-based department store company headquartered in New York City that operates a portfolio of retail brands focused on apparel, beauty, and home goods. Through its Macy’s stores, the company offers a broad assortment of clothing, accessories, footwear, cosmetics, fragrances, and home products for a wide range of consumer segments, with women’s apparel, accessories, shoes, cosmetics, and fragrances representing a significant share of its sales. Bloomingdale’s extends the company’s reach into the premium and luxury department store segment, while Bluemercury specializes in beauty products and spa services. Macy’s Inc. serves customers across the United States through a combination of full-line department stores, outlet formats, and specialty beauty locations, complemented by e-commerce platforms for each major banner. The company also participates in select international markets through licensed Bloomingdale’s locations in the Middle East, reinforcing its role as a notable multi-brand retailer in the North American department store and online retail landscape.

CEO Mr. Antony Spring · 90,134 employees · United States · https://www.macysinc.com