Nordstrom (JWN) Stock Forecast & Price Target

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$17.29

-0.48 (-2.70%)

(As of 10:10 AM ET)

Nordstrom Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Reduce
Based on 11 Analyst Ratings

Analysts' Consensus Price Target

$16.54
-4.35% Downside

High Forecast	$20.00
Average Forecast	$16.54
Low Forecast	$11.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Reduce	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)	10 Hold rating(s)
Sell	5 Sell rating(s)	5 Sell rating(s)	5 Sell rating(s)	4 Sell rating(s)
Consensus Price Target	$16.54	$16.54	$17.06	$19.61
Predicted Upside	-4.35% Downside	-9.54% Downside	3.61% Upside	2.82% Upside

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JWN Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

JWN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Nordstrom Stock vs. The Competition

Type	Nordstrom	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	1.64	2.41	2.49
Consensus Rating	Reduce	Hold	Hold
Predicted Upside	-6.93% Downside	61.16% Upside	11.20% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
3/7/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$18.00 ➝ $17.00	-3.08%
3/6/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$16.00 ➝ $18.00	+0.22%
3/6/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$17.00 ➝ $20.00	+7.58%
3/6/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$14.00 ➝ $15.00	-28.23%
3/6/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$21.00 ➝ $20.00	-4.31%
3/6/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underperform ➝ Underperform	$13.00 ➝ $15.00	-28.23%
Get the Latest News and Ratings for JWN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Nordstrom and its competitors with MarketBeat's FREE daily newsletter.
3/6/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$14.00 ➝ $15.00	-28.23%
3/6/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$17.00 ➝ $19.00	-9.09%
11/28/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underweight ➝ Underweight	$14.00 ➝ $13.00	-14.25%
11/7/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Inline	$14.00	-2.23%
10/25/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$22.00 ➝ $19.00	+35.62%
8/25/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sell ➝ Sell	$12.00 ➝ $11.00	-34.60%
6/1/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$17.00 ➝ $19.00	+24.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:26 AM ET.

JWN Price Target - Frequently Asked Questions

What is Nordstrom's consensus rating and price target?: According to the issued ratings of 11 analysts in the last year, the consensus rating for Nordstrom stock is Reduce based on the current 5 sell ratings, 5 hold ratings and 1 buy rating for JWN. The average twelve-month price prediction for Nordstrom is $16.54 with a high price target of $20.00 and a low price target of $11.00. Learn more on JWN's analyst rating history.
Do Wall Street analysts like Nordstrom more than its competitors?: Analysts like Nordstrom less than other Retail/Wholesale companies. The consensus rating for Nordstrom is Reduce while the average consensus rating for retail/wholesale companies is Hold. Learn more on how JWN compares to other companies.
Does Nordstrom's stock price have much downside?: According to analysts, Nordstrom's stock has a predicted downside of -9.54% based on their 12-month stock forecasts.

What analysts cover Nordstrom?: Nordstrom has been rated by Bank of America, Barclays, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Piper Sandler, Telsey Advisory Group, and The Goldman Sachs Group in the past 90 days.

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This page (NYSE:JWN) was last updated on 4/16/2024 by MarketBeat.com Staff

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Nordstrom (JWN) Stock Forecast & Price Target

Nordstrom Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

JWN Analyst Ratings By Month

JWN Price Targets by Month

Nordstrom Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

JWN Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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