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Steven Madden (SHOO) Stock Forecast & Price Target

$44.43
+0.86 (+1.97%)
(As of 11:38 AM ET)

Steven Madden - Analysts' Recommendations 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.

Consensus Rating

Consensus Price Target

$43.38
-2.37% Downside
High Forecast$53.00
Average Forecast$43.38
Low Forecast$37.00
TypeCurrent Forecast
6/25/23 to 6/24/24
1 Month Ago
5/26/23 to 5/25/24
3 Months Ago
3/27/23 to 3/26/24
1 Year Ago
6/25/22 to 6/25/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
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)
1 Buy rating(s)
5 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$43.38$41.75$41.38$40.14
Forecasted Upside-2.37% Downside4.70% Upside3.24% Upside17.88% Upside
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SHOO Analyst Recommendations 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.
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SHOO 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.
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Steven Madden Stock vs. The Competition

TypeSteven MaddenConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.14
2.56
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-0.45% Downside2,170.45% Upside10.90% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/6/2024BTIG Research
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 Boost TargetBuy ➝ Buy$50.00 ➝ $53.00+19.53%
5/17/2024Wedbush
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 Reiterated RatingNeutral ➝ Neutral$41.00-1.37%
4/26/2024Telsey Advisory Group
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 Reiterated RatingMarket Perform ➝ Market Perform$44.00 ➝ $44.00+10.78%
2/29/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$41.00 ➝ $43.00+0.40%
2/21/2024Williams Trading
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 Reiterated RatingBuy ➝ Hold$44.00+0.99%
2/14/2024Piper Sandler
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 Initiated CoverageNeutral$45.00+7.17%
1/4/2024Jefferies Financial Group
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 Reiterated RatingBuy ➝ Hold$40.00-2.18%
8/3/2023UBS Group
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 Boost Target$35.00 ➝ $37.00+8.31%
2/14/2023Loop Capital
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 Boost TargetHold$30.00 ➝ $32.00-7.99%
9/28/2022CL King
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 UpgradeNeutral ➝ Buy
9/21/2022Exane BNP Paribas
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Aubrey Tianello
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Initiated CoverageOutperform
7/28/2022B. Riley
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 Lower Target$58.00 ➝ $49.00+50.82%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:00 PM ET.

SHOO Forecast - Frequently Asked Questions

What is Steven Madden's stock forecast and purchase recommendation?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Steven Madden is $43.38, with a high forecast of $53.00 and a low forecast of $37.00. The consensus rating for Steven Madden stock is Hold based on the current 6 hold ratings and 1 buy rating for SHOO. Learn more on SHOO's analyst rating history.

Do Wall Street analysts like Steven Madden more than its competitors?

Analysts like Steven Madden less than other "consumer discretionary" companies. The consensus rating for Steven Madden is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how SHOO compares to other companies.

Does Steven Madden's stock price have much upside?

According to analysts, Steven Madden's stock has a predicted upside of 4.27% based on their 12-month stock forecasts.

What analysts cover Steven Madden?

Steven Madden has been rated by research analysts at BTIG Research, Telsey Advisory Group, and Wedbush in the past 90 days.


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This page (NASDAQ:SHOO) was last updated on 6/24/2024 by MarketBeat.com Staff

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