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MMConsumer Cyclical · Department Stores

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

Last close, 16 Oct 2026
$24
−0.91% on the day

The 13 Wall Street analysts covering Macy's, Inc. hold a median 12-month price target of $24 — +0.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 95 of 100 as at 15 Oct 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
$6.3B
Ticker Nerd rank
95 / 100
Median analyst target
$24
Analysts covering
13
Revenue$5.1B+1.2% y/y
Operating income$251.0M
Net income$169.0M
Free cash flow$147.0M
Quarterly, 8 quarters to 31 July 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+5.9%
1M
+10.0%
YTD
+11.8%
1Y
+38.3%
From 52W high
−7.7%
From 52W low
+44.1%
$17
$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 15 Oct 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
99
Issuance
96
Momentum
88
Accruals
83
Growth
78
Revisions
70
Quality
53
Volatility
36
Size
19

Value (99): 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 (36): The share price moves around a lot.

Size (19): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

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
$10$15$20$25$30Jan 26Apr 26Jul 26Oct 26MHigh $30Median $24Low $10

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

Data provided by Twelve Data

What Wall Street says13 analysts
2 Buy10 Hold1 Sell
Low $10Median $24High $30

The green dot is the last close — the median target sits 0.0% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
11 Sept 2026BTIGReiteratesNeutral—
26 Aug 2026UBSMaintainsSell—
26 Aug 2026UBSMaintainsSell$9.00 → $10
25 Aug 2026CitigroupMaintainsNeutral—
25 Aug 2026CitigroupMaintainsNeutral$22 → $24
7 July 2026Morgan StanleyReinstatesOverweight$30
22 June 2026TD CowenMaintainsHold—
4 June 2026CitigroupMaintainsNeutral—
4 June 2026Evercore ISI GroupMaintainsIn-Line—
4 June 2026JP MorganMaintainsNeutral—
4 June 2026Telsey Advisory GroupMaintainsMarket Perform—
1 Apr 2026Telsey Advisory GroupMaintainsMarket Perform—
19 Mar 2026CitigroupMaintainsNeutral—
19 Mar 2026TD CowenMaintainsHold—
19 Mar 2026Telsey Advisory GroupMaintainsMarket Perform—
18 Mar 2026JP MorganMaintainsNeutral—
18 Mar 2026Telsey Advisory GroupMaintainsMarket Perform—
9 Mar 2026UBSMaintainsSell—
14 Jan 2026JefferiesAssumesBuy$27
12 Dec 2025JefferiesMaintainsBuy—

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

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.

Free, every Monday. Unsubscribe any time.

Performance

M vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 16 Oct 2026, Macy's, Inc. returned +38.3% against +16.8% for the S&P 500, dividends included.

M vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140150Jan 26Apr 26Jul 26Oct 26MS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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
+5.4%
Analysts raising
12
Analysts cutting
1
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
8.9×

Cheaper than 60% of US stocks

Price / sales
0.3×

Cheaper than 89% of US stocks

Price / book
1.3×

Cheaper than 61% of US stocks

EV / EBITDA
7.2×

Cheaper than 47% of US stocks

Growth & margins
Revenue growth (YoY)
1.2%

Higher than 30% of US stocks

Earnings growth (YoY)
94.3%

Higher than 83% of US stocks

Gross margin
43.7%

Higher than 54% of US stocks

Operating margin
3.2%

Higher than 51% of US stocks

Net margin
3.3%

Higher than 56% of US stocks

Returns & dividend
Return on equity
16.0%

Higher than 76% of US stocks

Return on assets
3.5%

Higher than 68% of US stocks

Dividend yield
3.2%

Higher than 87% of US dividend payers

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

Key statistics

Macy's, Inc. (M) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Macy's, Inc. has a market value of $6.3B and an enterprise value of $10.1B.

  • Revenue in the twelve months to 31 July 2026: $22.8B. The latest quarter grew 1.2% year on year.

  • Net income over the same four quarters: $750.0M, a 3.3% net margin.

  • Diluted earnings per share, trailing twelve months: $2.73.

  • Free cash flow in the twelve months to 31 July 2026: $1.0B.

  • Macy's, Inc. spent $205.0M on share buybacks and $198.0M on dividends in the twelve months to 31 July 2026.

  • Shares outstanding: 261.8M.

  • Trailing P/E: 8.9×; forward P/E: 10.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.17%, paying out 27% of earnings.

  • Macy's, Inc. employs 90,134 people — $253K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 July 2026 · market figures as at 16 Oct 2026

Data provided by Twelve Data

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
CompanyMarket capTKN rank
MMacy's, Inc.$6.3B
95
DDSDillard's, Inc.$10.3B
89
KSSKohl's Corp.$2.5B
90
PLBLPolibeli Group Ltd.$2.0B
1
BIRKBirkenstock Holding Plc*$6.4B
16
ANFAbercrombie & Fitch Co.*$6.4B
82
CAVACava Group, Inc.*$6.5B
34

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

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Macy's, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest M news & analysis

13 Graham Value Dividend All-Stars (GVAS) Shine In October

Seeking Alpha · 15 Oct 2026neutral

Seeking Alpha reports that October's 13 highlighted Graham Value Dividend All-Stars are among 27 lower-priced stocks it describes as safer, with estimated net gains of 27.17% to 67.83% by October 2027. The article says the stocks balance positive free cash flow and dividend yields, while warning about dividends funded by borrowing or negative free cash flow margins.

Why it matters — The item discusses a group of dividend stocks, but the excerpt does not identify Macy's as one of them or provide Macy's-specific information.

Macy's vs. American Eagle: One Dividend Is Growing, the Other Is Standing Still

24/7 Wall Street · 13 Oct 2026neutral

Macy's and American Eagle both beat earnings, received tariff refunds and pay dividends. The excerpt says that, excluding these windfalls, one company's dividend appears less secure than its yield suggests, but does not identify which one.

Why it matters — M investors may want to distinguish recurring dividend support from temporary tariff refunds when assessing Macy's dividend.

Macy's (M) Ascends While Market Falls: Some Facts to Note

Zacks Investment Research · 12 Oct 2026positive

Macy’s closed at $22.99 in the latest trading session, up 1.41% from the prior day.

Why it matters — The session’s gain provides M watchers a concise update on the stock’s latest trading performance.

Macy's: Solid Comps And Appealing >3% Dividend In A Tough Market

Seeking Alpha · 6 Oct 2026positive

The article describes Macy’s positive comparable sales and execution of its “Bold New Chapter” plan, with Bloomingdale’s posting double-digit comparable sales growth. It characterizes Macy’s as a value play amid rising Treasury yields and rotation toward unloved stocks.

Why it matters — M watchers may note the reported sales momentum and strength in the upscale portfolio segment as indicators of the turnaround’s progress.

2 Top Dividend Powerhouses To Buy On The Dip For Retirees

Seeking Alpha · 30 Sept 2026neutral

Seeking Alpha highlights two dividend stocks whose share prices have fallen due to higher interest rates and sector sentiment, viewing their sell-offs as driven by temporary pressure rather than broken business models, while cautioning against other high-yield names with deteriorating fundamentals.

Why it matters — Macy's watchers may view the piece as context for how rising rates and broad retail/sector sentiment can pressure dividend-paying stocks' prices without necessarily indicating underlying business damage.

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 $24, with estimates ranging from $10 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 15 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank M?

As at 15 Oct 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 (99 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 +0.0% from the last close, and Ticker Nerd's factor model ranks Macy's, Inc. 95 out of 100 as at 15 Oct 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: $10 to $30 over the next 12 months.

How has M stock performed over the past year?

Macy's, Inc. returned +38.3% over the 12 months to 16 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Macy's, Inc. do?

Macy's Inc. is an American omnichannel retail company that operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and Bluemercury brands.

What is the latest news on M?

The most recent item we track (Seeking Alpha, 15 Oct 2026): "13 Graham Value Dividend All-Stars (GVAS) Shine In October". Seeking Alpha reports that October's 13 highlighted Graham Value Dividend All-Stars are among 27 lower-priced stocks it describes as safer, with estimated net gains of 27.17% to 67.83% by October 2027. The article says the stocks balance positive free cash flow and dividend yields, while warning about dividends funded by borrowing or negative free cash flow margins.

Company

About Macy's, Inc.

Macy's Inc. is an American omnichannel retail company that operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and Bluemercury brands. The company serves a broad customer base with merchandise spanning apparel, accessories, cosmetics, fragrances, home furnishings, furniture, and other consumer goods. Its business combines department store retail, luxury retail, and prestige beauty, allowing it to address both value-oriented and premium shopping segments. Macy's Inc. also uses a multi-channel model that supports in-store shopping, digital commerce, and convenient fulfillment services across its retail network. As a major participant in U.S. general merchandise retail, the company plays an important role in fashion, beauty, and home categories through its national brand portfolio and diverse product assortment.

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