On May 2, 2025, Steven Madden (SHOO, Financial) received a reaffirmation of its "Hold" rating from Needham analyst Tom Nikic. This continued rating indicates no change in the analyst's outlook on the stock's expected performance.
No adjustment or update was made to the price target for Steven Madden (SHOO, Financial) in this rating action, and previous price targets were not disclosed. The stock remains under a "Hold" recommendation, suggesting that investors continue to maintain their current positions without immediate plans for aggressive buy or sell actions.
The "Hold" rating by Tom Nikic of Needham indicates a cautious stance towards Steven Madden (SHOO, Financial), expressing neither a bullish nor bearish outlook at present. This rating serves as a neutral signal for investors considering their strategy with SHOO shares.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Steven Madden Ltd (SHOO, Financial) is $31.67 with a high estimate of $46.00 and a low estimate of $22.00. The average target implies an upside of 51.59% from the current price of $20.89. More detailed estimate data can be found on the Steven Madden Ltd (SHOO) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Steven Madden Ltd's (SHOO, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Steven Madden Ltd (SHOO, Financial) in one year is $53.25, suggesting a upside of 154.91% from the current price of $20.89. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Steven Madden Ltd (SHOO) Summary page.
