On May 8, 2025, UBS analyst Jay Sole issued an updated analysis on Steven Madden (SHOO, Financial), maintaining a "Neutral" rating while raising the stock's price target from $22.00 to $23.00. This reflects a 4.55% increase in the projected valuation of the stock.
The fashion footwear company Steven Madden (SHOO, Financial) remains on a steady path with the unchanged "Neutral" rating from UBS, suggesting that the stock is expected to perform in line with the market. The updated price target of $23.00 now indicates a positive outlook on future performance despite the neutral stance.
Investors and market participants closely follow such updates as they reflect the analysts' assessments of a company's potential growth and profitability. The new price target adjustment by UBS signifies a slight upward revision in expectations for Steven Madden (SHOO, Financial).
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 $29.44 with a high estimate of $39.00 and a low estimate of $22.00. The average target implies an upside of 23.25% from the current price of $23.89. 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 $52.09, suggesting a upside of 118.04% from the current price of $23.89. 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.
