Steven Madden Stock (NASDAQ:SHOO), Analyst Ratings, Price Targets, Predictions

The latest price target for Steven Madden (NASDAQ: SHOO) was reported by Telsey Advisory Group on April 26, 2024. The analyst firm set a price target for $44.00 expecting SHOO to rise to within 12 months (a possible 8.88% upside). 19 analyst firms have reported ratings in the last year.

The latest analyst rating for Steven Madden (NASDAQ: SHOO) was provided by Telsey Advisory Group, and Steven Madden maintained their market perform rating.

The last upgrade for Steven Madden Ltd happened on April 13, 2023 when Citigroup raised their price target to $42. Citigroup previously had a neutral for Steven Madden Ltd.

The last downgrade for Steven Madden Ltd happened on February 21, 2024 when Williams Trading changed their price target from N/A to $44 for Steven Madden Ltd.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Steven Madden, 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 Steven Madden was filed on April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.

While ratings are subjective and will change, the latest Steven Madden (SHOO) rating was a maintained with a price target of $44.00 to $44.00. The current price Steven Madden (SHOO) is trading at is $40.41, which is out of the analyst’s predicted range.