A new valuation analysis published February 3, 2026, suggests Macy's stock may be undervalued. The report follows recent stock price volatility driven by corporate interest in a potential acquisition.
The analysis used a Discounted Cash Flow (DCF) model. It estimates Macy's intrinsic value at approximately $27.64 per share.
This valuation represents a potential upside compared to the recent closing price of $21.19. The analysis bases its valuation on projected future free cash flows. These cash flows are expected to reach the mid-hundreds of millions over the next decade.