Macy's Inc. received a consensus rating of "Reduce" from the fifteen analysts covering the company. This rating was reported on February 7, 2026.

The recommendations include twelve "hold" ratings, two "sell" ratings, and one "buy" rating. This reflects cautious to negative sentiment regarding the stock’s future performance.

The consensus follows a recent downgrade by Zacks Research on February 2nd, which moved the stock from a "strong-buy" to a "hold." The average 12-month price target from analysts who have issued ratings over the past year is $20.50.