Macy's (M) Stock Price Target 2026

The average analyst price target for Macy's is $22.54, 2.4% below the current price. Of 12 analysts, 3 rate it Buy, 8 Hold and 1 Sell. Targets range from $10 to $30. The latest change came on Aug 26, 2026, when UBS raised its price target on Macy's from $9 to $10 and kept a Sell rating.

The Average Analyst Price Target for Macy's is $22.54.

Price Target Range — 12 Quarters

Analyst Consensus — 12 Analysts

3Buy

8Hold

1Sell

Consensus RatingBuy# Analysts12Avg. Consensus PT$22.54Upside to Avg. PT-2.4%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Macy's Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Sep 11, 2026	BTIG	Robert Drbul	Maintained	Neutral	—
Aug 26, 2026	UBS	Jay Sole	PT Raise	Sell	$9→$10
Aug 25, 2026	Citigroup	Paul Lejuez	PT Raise	Neutral	$22→$24
Jul 7, 2026	Morgan Stanley	Alex Straton	Reinstates	Equal-Weight→Overweight	$30
Jun 22, 2026	TD Cowen	Oliver Chen	PT Raise	Hold	$20→$25
Jun 4, 2026	Telsey Advisory Group	Dana Telsey	PT Raise	Market Perform	$20→$23
Jun 4, 2026	Citigroup	Paul Lejuez	PT Raise	Neutral	$18→$22
Jun 4, 2026	JP Morgan	Matthew Boss	PT Raise	Neutral	$21→$27
Jun 4, 2026	Evercore ISI Group	Michael Binetti	PT Raise	In-Line	$19→$22
Apr 1, 2026	Telsey Advisory Group	Dana Telsey	Maintained	Market Perform	$20
Mar 19, 2026	Citigroup	Paul Lejuez	PT Cut	Neutral	$24→$18
Mar 19, 2026	TD Cowen	Oliver Chen	PT Cut	Hold	$21→$20
Mar 19, 2026	Telsey Advisory Group	Dana Telsey	PT Cut	Market Perform	$25→$20
Mar 18, 2026	JP Morgan	Matthew Boss	PT Cut	Neutral	$24→$21
Mar 18, 2026	Telsey Advisory Group	Dana Telsey	Maintained	Market Perform	$25
Mar 9, 2026	UBS	Jay Sole	PT Raise	Sell	$8→$9
Jan 14, 2026	Jefferies	Blake Anderson	Assumes	Buy	$27
Dec 12, 2025	Jefferies	Ashley Helgans	PT Raise	Buy	$26→$27
Dec 10, 2025	Guggenheim	Simeon Siegel	Initiate	Neutral	—
Dec 5, 2025	Goldman Sachs	Brooke Roach	PT Raise	Neutral	$17→$22