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Macy's Inc has a consensus price target of $19.57 based on the ratings of 17 analysts. The high is $27 issued by Jefferies on January 14, 2026. The low is $9 issued by UBS on March 9, 2026. The 3 most-recent analyst ratings were released by Telsey Advisory Group, Citigroup, and TD Cowen on April 1, 2026, March 19, 2026, and March 19, 2026, respectively. With an average price target of $19.33 between Telsey Advisory Group, Citigroup, and TD Cowen, there's an implied 1.01% upside for Macy's Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Macy's (NYSE:M) was reported by Telsey Advisory Group on April 1, 2026. The analyst firm set a price target for $20.00 expecting M to rise to within 12 months (a possible 4.49% upside). 38 analyst firms have reported ratings in the last year.
The latest analyst rating for Macy's (NYSE:M) was provided by Telsey Advisory Group, and Macy's maintained their market perform rating.
The last upgrade for Macy's Inc happened on December 16, 2024 when Gordon Haskett raised their price target to $20. Gordon Haskett previously had a hold for Macy's Inc.
The last downgrade for Macy's Inc happened on April 22, 2025 when Goldman Sachs changed their price target from $17 to $12 for Macy's Inc.
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 April 1, 2026 so you should expect the next rating to be made available sometime around April 1, 2027.
While ratings are subjective and will change, the latest Macy's (M) rating was a maintained with a price target of $20.00 to $20.00. The current price Macy's (M) is trading at is $19.14, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 04/01/2026 | Buy Now | 4.49% | Telsey Advisory Group | $20 → $20 | Maintains | Market Perform | Get Alert |
| 03/19/2026 | Buy Now | -5.96% | Citigroup | $24 → $18 | Maintains | Neutral | Get Alert |
| 03/19/2026 | Buy Now | 4.49% | TD Cowen | $21 → $20 | Maintains | Hold | Get Alert |
| 03/19/2026 | Buy Now | 4.49% | Telsey Advisory Group | $25 → $20 | Maintains | Market Perform | Get Alert |
| 03/18/2026 | Buy Now | 9.72% | JP Morgan | $24 → $21 | Maintains | Neutral | Get Alert |
| 03/18/2026 | Buy Now | 30.62% | Telsey Advisory Group | $25 → $25 | Maintains | Market Perform | Get Alert |
| 03/09/2026 | Buy Now | -52.98% | UBS | $8 → $9 | Maintains | Sell | Get Alert |
| 01/14/2026 | Buy Now | 41.07% | Jefferies | → $27 | Assumes | → Buy | Get Alert |
| 12/12/2025 | Buy Now | 41.07% | Jefferies | $26 → $27 | Maintains | Buy | Get Alert |
| 12/10/2025 | Buy Now | — | Guggenheim | — | Initiates | → Neutral | Get Alert |
| 12/05/2025 | Buy Now | 14.94% | Goldman Sachs | $16.5 → $22 | Maintains | Neutral | Get Alert |
| 12/05/2025 | Buy Now | 9.72% | Evercore ISI Group | $14 → $21 | Maintains | In-Line | Get Alert |
| 12/05/2025 | Buy Now | 9.72% | Morgan Stanley | $20 → $21 | Maintains | Equal-Weight | Get Alert |
| 12/04/2025 | Buy Now | 35.84% | Jefferies | $18.5 → $26 | Maintains | Buy | Get Alert |
| 12/04/2025 | Buy Now | 25.39% | Citigroup | $19 → $24 | Maintains | Neutral | Get Alert |
| 12/04/2025 | Buy Now | -58.2% | UBS | $7 → $8 | Maintains | Sell | Get Alert |
| 12/04/2025 | Buy Now | 30.62% | Telsey Advisory Group | $22 → $25 | Maintains | Market Perform | Get Alert |
| 12/03/2025 | Buy Now | 20.17% | JP Morgan | $18 → $23 | Maintains | Neutral | Get Alert |
| 12/03/2025 | Buy Now | 14.94% | Telsey Advisory Group | $22 → $22 | Maintains | Market Perform | Get Alert |
| 12/01/2025 | Buy Now | -63.43% | UBS | $6.5 → $7 | Maintains | Sell | Get Alert |
| 11/28/2025 | Buy Now | 14.94% | Telsey Advisory Group | $17 → $22 | Maintains | Market Perform | Get Alert |
| 11/19/2025 | Buy Now | -0.73% | Citigroup | $16 → $19 | Maintains | Neutral | Get Alert |
| 10/27/2025 | Buy Now | -5.96% | JP Morgan | $16 → $18 | Maintains | Neutral | Get Alert |
| 10/15/2025 | Buy Now | — | BTIG | — | Initiates | → Neutral | Get Alert |
| 10/06/2025 | Buy Now | -13.79% | Goldman Sachs | $14.5 → $16.5 | Maintains | Neutral | Get Alert |
| 09/18/2025 | Buy Now | -16.41% | Morgan Stanley | $12 → $16 | Maintains | Equal-Weight | Get Alert |
| 09/04/2025 | Buy Now | -24.24% | Goldman Sachs | $13 → $14.5 | Maintains | Neutral | Get Alert |
| 09/04/2025 | Buy Now | -16.41% | Citigroup | $12 → $16 | Maintains | Neutral | Get Alert |
| 09/04/2025 | Buy Now | -21.63% | Barclays | $12 → $15 | Maintains | Equal-Weight | Get Alert |
| 09/04/2025 | Buy Now | -66.04% | UBS | $6 → $6.5 | Maintains | Sell | Get Alert |
| 09/04/2025 | Buy Now | -11.18% | Telsey Advisory Group | $14 → $17 | Maintains | Market Perform | Get Alert |
| 09/04/2025 | Buy Now | -3.34% | Jefferies | $14.5 → $18.5 | Maintains | Buy | Get Alert |
| 09/03/2025 | Buy Now | -26.85% | Telsey Advisory Group | $14 → $14 | Maintains | Market Perform | Get Alert |
| 08/27/2025 | Buy Now | -26.85% | Telsey Advisory Group | $14 → $14 | Maintains | Market Perform | Get Alert |
| 07/28/2025 | Buy Now | -16.41% | JP Morgan | $12 → $16 | Maintains | Neutral | Get Alert |
| 05/29/2025 | Buy Now | -37.3% | Citigroup | $11 → $12 | Maintains | Neutral | Get Alert |
| 05/29/2025 | Buy Now | -37.3% | JP Morgan | $13 → $12 | Maintains | Neutral | Get Alert |
| 05/29/2025 | Buy Now | -26.85% | Telsey Advisory Group | $15 → $14 | Maintains | Market Perform | Get Alert |
| 05/06/2025 | Buy Now | -37.3% | Morgan Stanley | $14 → $12 | Maintains | Equal-Weight | Get Alert |
| 04/28/2025 | Buy Now | -37.3% | Barclays | → $12 | Initiates | → Equal-Weight | Get Alert |
| 04/22/2025 | Buy Now | -37.3% | Goldman Sachs | $17 → $12 | Downgrade | Buy → Neutral | Get Alert |
| 04/17/2025 | Buy Now | -42.53% | Citigroup | $14 → $11 | Maintains | Neutral | Get Alert |
| 04/14/2025 | Buy Now | -32.08% | JP Morgan | $14 → $13 | Maintains | Neutral | Get Alert |
| 04/02/2025 | Buy Now | -21.63% | Telsey Advisory Group | $15 → $15 | Maintains | Market Perform | Get Alert |
| 03/07/2025 | Buy Now | -26.85% | Citigroup | $16 → $14 | Maintains | Neutral | Get Alert |
| 03/07/2025 | Buy Now | -11.18% | Goldman Sachs | $19 → $17 | Maintains | Buy | Get Alert |
| 03/07/2025 | Buy Now | -58.2% | UBS | $9 → $8 | Maintains | Sell | Get Alert |
| 03/07/2025 | Buy Now | -21.63% | Telsey Advisory Group | $17 → $15 | Maintains | Market Perform | Get Alert |
| 03/06/2025 | Buy Now | -11.18% | Telsey Advisory Group | $17 → $17 | Maintains | Market Perform | Get Alert |
| 02/27/2025 | Buy Now | -11.18% | Telsey Advisory Group | $17 → $17 | Maintains | Market Perform | Get Alert |
| 01/14/2025 | Buy Now | -11.18% | Telsey Advisory Group | $17 → $17 | Maintains | Market Perform | Get Alert |
| 01/08/2025 | Buy Now | 4.49% | JP Morgan | $21 → $20 | Maintains | Overweight | Get Alert |
| 12/16/2024 | Buy Now | 4.49% | Gordon Haskett | → $20 | Upgrade | Hold → Buy | Get Alert |
| 12/12/2024 | Buy Now | -52.98% | UBS | $10 → $9 | Maintains | Sell | Get Alert |
| 12/12/2024 | Buy Now | — | Guggenheim | — | Reiterates | Neutral → Neutral | Get Alert |
| 12/12/2024 | Buy Now | -16.41% | Morgan Stanley | $17 → $16 | Maintains | Equal-Weight | Get Alert |
| 12/12/2024 | Buy Now | -11.18% | Telsey Advisory Group | $17 → $17 | Maintains | Market Perform | Get Alert |
| 12/11/2024 | Buy Now | -11.18% | Telsey Advisory Group | $17 → $17 | Maintains | Market Perform | Get Alert |
| 11/26/2024 | Buy Now | -11.18% | Telsey Advisory Group | $17 → $17 | Maintains | Market Perform | Get Alert |
| 08/22/2024 | Buy Now | -11.18% | Morgan Stanley | $18 → $17 | Maintains | Equal-Weight | Get Alert |
| 08/22/2024 | Buy Now | -11.18% | Telsey Advisory Group | $21 → $17 | Maintains | Market Perform | Get Alert |
| 08/21/2024 | Buy Now | 9.72% | Telsey Advisory Group | $21 → $21 | Maintains | Market Perform | Get Alert |
| 08/14/2024 | Buy Now | 9.72% | Telsey Advisory Group | $21 → $21 | Maintains | Market Perform | Get Alert |
| 07/16/2024 | Buy Now | -11.18% | Evercore ISI Group | $22 → $17 | Maintains | In-Line | Get Alert |
| 05/22/2024 | Buy Now | 9.72% | TD Cowen | $20 → $21 | Maintains | Hold | Get Alert |
| 05/22/2024 | Buy Now | 41.07% | JP Morgan | $25 → $27 | Maintains | Overweight | Get Alert |
| 05/22/2024 | Buy Now | 9.72% | Telsey Advisory Group | $21 → $21 | Maintains | Market Perform | Get Alert |
| 05/21/2024 | Buy Now | 9.72% | Telsey Advisory Group | $21 → $21 | Maintains | Market Perform | Get Alert |
| 03/28/2024 | Buy Now | 9.72% | Telsey Advisory Group | $21 → $21 | Maintains | Market Perform | Get Alert |
| 03/11/2024 | Buy Now | 30.62% | JP Morgan | $23 → $25 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 4.49% | TD Cowen | $23 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
| 02/28/2024 | Buy Now | 4.49% | Morgan Stanley | $21 → $20 | Maintains | Equal-Weight | Get Alert |
| 02/28/2024 | Buy Now | 14.94% | Goldman Sachs | $16 → $22 | Maintains | Buy | Get Alert |
| 02/28/2024 | Buy Now | 9.72% | Telsey Advisory Group | $15 → $21 | Maintains | Market Perform | Get Alert |
| 02/21/2024 | Buy Now | -21.63% | Telsey Advisory Group | → $15 | Reiterates | Market Perform → Market Perform | Get Alert |
| 02/02/2024 | Buy Now | -5.96% | Citigroup | $14 → $18 | Upgrade | Sell → Neutral | Get Alert |
| 12/12/2023 | Buy Now | -26.85% | Citigroup | → $14 | Downgrade | Neutral → Sell | Get Alert |
| 11/17/2023 | Buy Now | -0.73% | JP Morgan | $16 → $19 | Maintains | Overweight | Get Alert |
| 11/17/2023 | Buy Now | -21.63% | Telsey Advisory Group | $14 → $15 | Maintains | Market Perform | Get Alert |
| 11/07/2023 | Buy Now | -32.08% | Evercore ISI Group | → $13 | Initiates | → In-Line | Get Alert |
| 09/27/2023 | Buy Now | -32.08% | Gordon Haskett | → $13 | Downgrade | Buy → Hold | Get Alert |
| 08/23/2023 | Buy Now | -11.18% | Goldman Sachs | $23 → $17 | Maintains | Buy | Get Alert |
| 08/23/2023 | Buy Now | -47.75% | UBS | $12 → $10 | Maintains | Sell | Get Alert |
| 08/23/2023 | Buy Now | -37.3% | B of A Securities | $13 → $12 | Maintains | Underperform | Get Alert |
| 08/23/2023 | Buy Now | -32.08% | Citigroup | $15 → $13 | Maintains | Neutral | Get Alert |
| 08/23/2023 | Buy Now | -26.85% | Telsey Advisory Group | $16 → $14 | Maintains | Market Perform | Get Alert |
| 08/22/2023 | Buy Now | -16.41% | Telsey Advisory Group | → $16 | Reiterates | Market Perform → Market Perform | Get Alert |
| 08/15/2023 | Buy Now | -16.41% | Telsey Advisory Group | → $16 | Reiterates | Market Perform → Market Perform | Get Alert |
| 08/07/2023 | Buy Now | -21.63% | Morgan Stanley | $23 → $15 | Maintains | Equal-Weight | Get Alert |
| 06/07/2023 | Buy Now | -37.3% | UBS | $12.75 → $12 | Maintains | Sell | Get Alert |
| 06/02/2023 | Buy Now | -21.63% | Citigroup | $16 → $15 | Reiterates | → Neutral | Get Alert |
| 06/02/2023 | Buy Now | 20.17% | Goldman Sachs | $26 → $23 | Maintains | Buy | Get Alert |
| 06/02/2023 | Buy Now | -16.41% | Telsey Advisory Group | $25 → $16 | Maintains | Market Perform | Get Alert |
| 06/01/2023 | Buy Now | 30.62% | Telsey Advisory Group | → $25 | Reiterates | Market Perform → Market Perform | Get Alert |
| 05/24/2023 | Buy Now | 30.62% | Telsey Advisory Group | → $25 | Reiterates | Market Perform → Market Perform | Get Alert |