- Macy's Inc. surpasses expectations with strong first-quarter results.
- Analyst target prices reveal modest upside potential.
- GuruFocus estimates a significant future upside for the company.
Macy's Inc. (M) has reported stellar first-quarter results, surpassing prior guidance with net sales reaching $4.6 billion, though marking a 5.1% decline from the previous year. The company's impressive performance was driven by robust omnichannel strategies across its diverse brand portfolio. Even amidst tariff headwinds, Macy's showcases resilience, supported by a strong balance sheet and its multi-brand operational model.
Wall Street Analysts Forecast
Current projections from 10 analysts suggest that the average target price for Macy's Inc (M) is $12.30. This prediction encompasses a high estimate of $17.00 and a low of $6.00, indicating a potential upside of 0.78% from the present market price of $12.21. For a deeper dive into these estimates, visit the Macy's Inc (M, Financial) Forecast page.
Furthermore, a consensus from 12 brokerage firms assigns Macy's Inc (M) an average recommendation of 2.9, translating to a "Hold" on the investment rating scale, which ranges from 1 (Strong Buy) to 5 (Sell).
According to GuruFocus estimates, the projected GF Value for Macy's Inc (M) in the coming year stands at $15.22. This suggests a notable upside of 24.7% relative to its current stock price of $12.21. The GF Value is derived from the stock's historical trading multiples, past growth trajectories, and anticipated future performance metrics. For comprehensive insights, please refer to the Macy's Inc (M, Financial) Summary page.
