On May 29, 2025, JP Morgan analyst Matthew Boss released an updated note on Macy's (M, Financial), outlining his latest projections for the stock. The analyst has maintained a "Neutral" rating for the retail giant, keeping it consistent with previous assessments.
Notably, JP Morgan has adjusted its price target for Macy's (M, Financial), lowering it from $13.00 USD to $12.00 USD. This represents a reduction of approximately 7.69% in the stock's projected value. The adjustment reflects a revised outlook on the company's performance in the current market environment.
Despite the lowered price target, the "Neutral" rating suggests that JP Morgan expects Macy's (M, Financial) stock to perform in line with the broader market. Investors and stakeholders should consider this analysis when making decisions regarding their portfolios.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Macy's Inc (M, Financial) is $12.20 with a high estimate of $17.00 and a low estimate of $6.00. The average target implies an upside of 1.24% from the current price of $12.05. More detailed estimate data can be found on the Macy's Inc (M) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Macy's Inc's (M, Financial) average brokerage recommendation is currently 2.9, 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 Macy's Inc (M, Financial) in one year is $15.22, suggesting a upside of 26.31% from the current price of $12.05. 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 Macy's Inc (M) Summary page.
