Nordstrom (JWN) Stock Forecast, Price Target & Predictions


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JWN Stock Forecast


Nordstrom stock forecast is as follows: an average price target of $22.60 (represents a -7.87% downside from JWN’s last price of $24.53) and a rating consensus of 'Hold', based on 26 wall street analysts offering a 1-year stock forecast.

JWN Price Target


The average price target for Nordstrom (JWN) is $22.60 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $20.00. This represents a potential -7.87% downside from JWN's last price of $24.53.

JWN Analyst Ratings


Hold

According to 26 Wall Street analysts, Nordstrom's rating consensus is 'Hold'. The analyst rating breakdown for JWN stock is 0 'Strong Buy' (0.00%), 6 'Buy' (23.08%), 18 'Hold' (69.23%), 2 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).

Nordstrom Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 05, 2024Paul KearneyBarclays$23.00$22.870.57%-6.24%
Aug 28, 2024Ashley OwensLoop Capital Markets$24.00$21.919.54%-2.16%
Aug 28, 2024Ashley OwensKeyBanc$24.00$21.929.49%-2.16%
Aug 28, 2024Simeon SiegelBMO Capital$22.00$21.930.32%-10.31%
Aug 28, 2024Lorraine HutchinsonBank of America Securities$20.00$21.14-5.39%-18.47%
May 31, 2024Zachary WarringCFRA$16.00$22.10-27.60%-34.77%
May 31, 2024Michael BinettiEvercore ISI$19.00$21.03-9.65%-22.54%
Apr 09, 2024Kristina RuggeriArgus Research$21.00$19.448.02%-14.39%
Mar 06, 2024Simeon SiegelLoop Capital Markets$20.00$17.8711.92%-18.47%
Mar 06, 2024Michael BinettiEvercore ISI$17.00$17.87-4.87%-30.70%
Jul 05, 2023Dana TelseyTelsey Advisory$21.00$20.233.78%-14.39%
Feb 27, 2023Dana TelseyTelsey Advisory$19.00$19.32-1.68%-22.54%
Jan 05, 2023Edward YrumaPiper Sandler$20.00$16.6220.34%-18.47%
Nov 28, 2022Morgan Stanley$21.00$20.482.56%-14.39%
Nov 23, 2022Michael BinettiCredit Suisse$20.00$21.41-6.59%-18.47%
Oct 19, 2022Dana TelseyTelsey Advisory$25.00$19.7326.74%1.92%
Aug 25, 2022Barclays$18.00$18.57-3.07%-26.62%
Aug 24, 2022Noah ZatzkinLoop Capital Markets$30.00$18.9258.56%22.30%
Aug 24, 2022Kimberly GreenbergerMorgan Stanley$18.00$23.20-22.41%-26.62%
Aug 03, 2022Morgan Stanley$19.00$24.59-22.75%-22.54%
Jul 20, 2022Noah ZatzkinKeyBanc$30.00$23.0929.93%22.30%
May 26, 2022Morgan Stanley$17.00$24.09-29.43%-30.70%
May 25, 2022Michael BinettiCredit Suisse$26.00$22.9913.09%5.99%
May 25, 2022Paul TrussellDeutsche Bank$32.00$22.9839.22%30.45%
May 25, 2022Paul LejuezCitigroup$22.00$22.98-4.29%-10.31%
Mar 02, 2022Gabriella CarboneDeutsche Bank$31.00$26.9315.11%26.38%
Mar 01, 2022Stephanie WissinkJefferies$22.00$19.4013.40%-10.31%
Feb 16, 2022Gabriella CarboneDeutsche Bank$22.00$22.65-2.87%-10.31%
Feb 10, 2022Charles GromGordon Haskett Capital Corporation$22.00$23.05-4.56%-10.31%
Jan 20, 2022Edward YrumaKeyBanc$40.00$20.7592.77%63.07%
Nov 24, 2021Kimberly GreenbergerMorgan Stanley$22.00$22.50-2.22%-10.31%
Nov 23, 2021Adrienne YihBarclays$22.00$31.70-30.60%-10.31%
Nov 23, 2021Mark AltschwagerRobert W. Baird$30.00$31.70-5.36%22.30%
May 26, 2021Jennifer ReddingWedbush$35.00$34.132.55%42.68%

The latest Nordstrom stock forecast, released on Sep 05, 2024 by Paul Kearney from Barclays, set a price target of $23.00, which represents a 0.57% increase from the stock price at the time of the forecast ($22.87), and a -6.24% decrease from JWN last price ($24.53).

Nordstrom Price Target by Period


1M3M12M
# Anlaysts--10
Avg Price Target--$20.60
Last Closing Price$24.53$24.53$24.53
Upside/Downside-100.00%-100.00%-16.02%

In the current month, the average price target of Nordstrom stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nordstrom's last price of $24.53. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 26, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Sep 26, 2024KeyBancOverweightSector WeightDowngrade
Sep 05, 2024Keefe, Bruyette & WoodsOutperformUpgrade
Sep 05, 2024WedbushOutperformUpgrade
Sep 05, 2024BarclaysUnderweightEqual-WeightUpgrade
Aug 28, 2024BMO CapitalPerformPerformHold
Aug 28, 2024Goldman SachsNeutralNeutralHold
Aug 28, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 28, 2024KeyBancOverweightOverweightHold
Aug 28, 2024Cowen & Co.HoldHoldHold
Aug 20, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Jul 09, 2024Telsey AdvisoryMarket PerformMarket PerformHold
May 31, 2024BMO CapitalMarket PerformMarket PerformHold
May 31, 2024Bank of America SecuritiesUnderweightUnderweightHold
May 31, 2024Bank of America SecuritiesUnderperformUnderperformHold
May 31, 2024BarclaysUnderweightUnderweightHold
May 31, 2024Evercore ISIPositivePositiveHold
May 21, 2024CitigroupNeutralNeutralHold
May 17, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Apr 19, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Mar 06, 2024GuggenheimNeutralNeutralHold
Mar 06, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Mar 06, 2024Piper SandlerNeutralNeutralHold
Mar 06, 2024BMO CapitalPerformPerformHold
Mar 06, 2024BarclaysUnderperformUnderperformHold
Aug 25, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Aug 25, 2023CitigroupNeutralNeutralHold
Jul 05, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Mar 08, 2023Craig-HallumSellDowngrade
Mar 08, 2023Wells FargoEqual-WeightDowngrade
Mar 08, 2023Argus ResearchBuyUpgrade
Mar 08, 2023William BlairOutperformInitialise
Feb 27, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Feb 08, 2023Gordon Haskett Capital CorporationHoldUpgrade
Feb 03, 2023JefferiesBuyHoldDowngrade
Feb 03, 2023UBSSellNeutralUpgrade
Feb 03, 2023Morgan StanleyUnderweightOverweightUpgrade
Feb 03, 2023CitigroupNeutralBuyUpgrade
Feb 03, 2023BTIGNeutralDowngrade
Feb 03, 2023SMBC NikkoNeutralDowngrade
Feb 03, 2023BMO CapitalPerformMarket PerformDowngrade
Feb 03, 2023CIBCNeutralDowngrade
Jan 05, 2023Piper SandlerOverweightNeutralDowngrade
Nov 28, 2022Morgan StanleyUnderweightUnderweightHold
Nov 23, 2022KeyBancOverweightOverweightHold
Nov 23, 2022Bank of America SecuritiesUnderperformUnderperformHold
Nov 23, 2022Credit SuisseNeutralNeutralHold
Nov 16, 2022Telsey AdvisoryMarket PerformMarket PerformHold
Nov 14, 2022Deutsche BankHoldHoldHold
Oct 19, 2022Telsey AdvisoryMarket PerformMarket PerformHold
Sep 15, 2022JefferiesHoldBuyUpgrade
Aug 25, 2022BarclaysUnderweightUnderweightHold
Aug 24, 2022BMO CapitalPerformPerformHold
Aug 24, 2022KeyBancOverweightOverweightHold
Aug 24, 2022JefferiesHoldHoldHold
Aug 24, 2022BMO CapitalMarket PerformMarket PerformHold
Aug 24, 2022Piper SandlerOverweightOverweightHold
Aug 24, 2022Telsey AdvisoryMarket PerformMarket PerformHold
Aug 24, 2022Raymond JamesMarket PerformDowngrade
Aug 24, 2022Morgan StanleyUnderweightUnderweightHold
Aug 24, 2022UBSSellSellHold
Aug 03, 2022Morgan StanleyUnderweightUnderweightHold
Jul 20, 2022KeyBancOverweightInitialise
Jul 11, 2022UBSSellSellHold
May 26, 2022Morgan StanleyUnderweightUnderweightHold
May 25, 2022Credit SuisseNeutralNeutralHold
May 25, 2022CitigroupNeutralNeutralHold
May 25, 2022Deutsche BankHoldHoldHold
May 25, 2022UBSSellSellHold
Feb 16, 2022Deutsche BankIn-LineIn-LineHold

Nordstrom's last stock rating was published by Telsey Advisory on Sep 26, 2024. The company gave JWN a "Market Perform" rating, the same as its previous rate.

Nordstrom Financial Forecast


Nordstrom Revenue Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
Revenue------------$4.42B----------$3.01B--$1.86B$2.12B$4.54B$3.67B
Avg Forecast$3.59B$3.58B$3.56B$3.55B$4.26B$3.53B$3.97B$3.39B$4.20B$3.34B$3.88B$3.20B$4.38B$3.40B$3.68B$3.12B$4.34B$3.49B$3.98B$3.29B$4.36B$3.54B$3.34B$2.89B$3.58B$3.13B$2.38B$2.38B$4.56B$3.68B
High Forecast$3.70B$3.68B$3.67B$3.65B$4.39B$3.63B$4.08B$3.49B$4.32B$3.41B$3.88B$3.20B$4.38B$3.58B$3.78B$3.21B$4.47B$3.57B$4.08B$3.37B$4.47B$3.62B$3.42B$2.96B$3.67B$3.20B$2.44B$2.44B$4.68B$3.77B
Low Forecast$3.52B$3.50B$3.49B$3.48B$4.17B$3.46B$3.88B$3.32B$4.13B$3.28B$3.88B$3.19B$4.38B$3.21B$3.60B$3.06B$4.25B$3.42B$3.90B$3.22B$4.27B$3.46B$3.27B$2.83B$3.51B$3.06B$2.33B$2.33B$4.47B$3.60B
# Analysts555554441010566126669999666655554
Surprise %------------1.01%----------1.04%--0.78%0.89%0.99%1.00%

Nordstrom's average Quarter revenue forecast for May 24 based on 6 analysts is $3.20B, with a low forecast of $3.19B, and a high forecast of $3.20B. JWN's average Quarter revenue forecast represents a -27.62% decrease compared to the company's last Quarter revenue of $4.42B (Feb 24).

Nordstrom EBITDA Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts555554441010566126669999666655554
EBITDA------------$371.00M----------$120.00M--$-154.00M$-591.00M$549.00M$393.00M
Avg Forecast$234.53M$233.56M$232.60M$231.64M$278.03M$230.30M$258.89M$221.41M$274.25M$218.23M$253.25M$464.11M$285.81M$222.10M$239.85M$421.91M$463.16M$227.07M$259.16M$383.56M$283.99M$230.18M$217.42M$127.60M$233.27M$203.47M$154.81M$638.63M$296.99M$239.27M
High Forecast$241.38M$240.39M$239.40M$238.41M$286.15M$237.03M$266.45M$227.88M$282.08M$222.82M$253.45M$556.93M$286.13M$233.86M$246.86M$506.30M$555.79M$232.67M$265.56M$460.27M$291.00M$235.86M$222.79M$153.12M$239.03M$208.49M$158.63M$766.36M$304.32M$245.17M
Low Forecast$229.64M$228.70M$227.75M$226.82M$272.24M$225.50M$253.50M$216.79M$269.68M$214.30M$253.05M$371.28M$285.49M$209.69M$234.86M$337.53M$370.53M$222.35M$253.78M$306.85M$278.10M$225.40M$212.91M$102.08M$228.43M$199.25M$151.60M$510.91M$290.82M$234.30M
Surprise %------------1.30%----------0.94%---0.99%-0.93%1.85%1.64%

6 analysts predict JWN's average Quarter EBITDA for May 24 to be $464.11M, with a high of $556.93M and a low of $371.28M. This is 25.10% upper than Nordstrom's previous annual EBITDA (Feb 24) of $371.00M.

Nordstrom Net Income Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts555554441010566126669999666655554
Net Income------------$134.00M----------$-166.00M--$-255.00M$-521.00M$192.00M$126.00M
Avg Forecast$167.30M$59.52M$168.11M$-34.68M$152.90M$50.07M$149.06M$-17.32M$152.29M$37.32M$119.52M$192.18M$149.60M$20.76M$75.53M$174.71M$91.77M$25.08M$136.27M$158.82M$168.68M$95.52M$46.04M$18.15M$23.53M$-10.79M$-251.94M$223.35M$248.87M$106.82M
High Forecast$173.66M$61.78M$174.50M$-33.74M$158.70M$51.98M$154.72M$-16.85M$181.05M$56.79M$120.03M$230.61M$151.53M$39.64M$78.40M$209.65M$110.13M$25.88M$140.64M$190.59M$174.09M$98.59M$47.52M$21.78M$24.28M$-10.50M$-245.14M$268.02M$256.86M$110.25M
Low Forecast$162.77M$57.90M$163.56M$-36.00M$148.76M$48.72M$145.02M$-17.97M$130.29M$17.85M$119.02M$153.74M$147.67M$7.55M$73.48M$139.76M$73.42M$24.40M$132.59M$127.06M$164.13M$92.94M$44.80M$14.52M$22.89M$-11.14M$-260.02M$178.68M$242.16M$103.94M
Surprise %------------0.90%-----------9.15%--1.01%-2.33%0.77%1.18%

Nordstrom's average Quarter net income forecast for May 24 is $192.18M, with a range of $153.74M to $230.61M. JWN's average Quarter net income forecast represents a 43.42% increase compared to the company's last Quarter net income of $134.00M (Feb 24).

Nordstrom SG&A Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts555554441010566126669999666655554
SG&A------------$1.39B----------$1.07B--$826.00M$1.12B$1.35B$1.14B
Avg Forecast$1.21B$1.21B$1.20B$1.20B$1.44B$1.19B$1.34B$1.15B$1.42B$1.13B$1.31B$1.43B$1.48B$1.15B$1.24B$1.30B$1.74B$1.18B$1.34B$1.18B$1.47B$1.19B$1.13B$687.50M$1.21B$1.05B$802.21M$1.58B$1.54B$1.24B
High Forecast$1.25B$1.24B$1.24B$1.23B$1.48B$1.23B$1.38B$1.18B$1.46B$1.15B$1.31B$1.72B$1.48B$1.21B$1.28B$1.56B$2.09B$1.21B$1.38B$1.42B$1.51B$1.22B$1.15B$825.00M$1.24B$1.08B$822.01M$1.89B$1.58B$1.27B
Low Forecast$1.19B$1.18B$1.18B$1.17B$1.41B$1.17B$1.31B$1.12B$1.40B$1.11B$1.31B$1.14B$1.48B$1.09B$1.22B$1.04B$1.39B$1.15B$1.32B$945.95M$1.44B$1.17B$1.10B$550.00M$1.18B$1.03B$785.55M$1.26B$1.51B$1.21B
Surprise %------------0.94%----------1.56%--1.03%0.71%0.88%0.92%

Nordstrom's average Quarter SG&A projection for May 24 is $1.43B, based on 6 Wall Street analysts, with a range of $1.14B to $1.72B. The forecast indicates a 2.93% rise compared to JWN last annual SG&A of $1.39B (Feb 24).

Nordstrom EPS Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts555554441010566126669999666655554
EPS------------$0.81----------$-1.05--$-1.62$-3.33$1.24$0.81
Avg Forecast$1.00$0.35$1.00$-0.21$0.91$0.30$0.89$-0.10$0.91$0.22$0.71$-0.08$0.89$0.12$0.45$-0.10$0.67$0.15$0.81$-0.05$1.00$0.57$0.27$-0.57$0.14$-0.06$-1.49$-1.07$1.47$0.63
High Forecast$1.03$0.37$1.04$-0.20$0.94$0.31$0.92$-0.10$1.08$0.34$0.71$-0.08$0.90$0.24$0.47$-0.10$0.69$0.15$0.83$-0.05$1.03$0.58$0.28$-0.55$0.14$-0.06$-1.45$-1.04$1.52$0.65
Low Forecast$0.97$0.34$0.97$-0.21$0.88$0.29$0.86$-0.11$0.78$0.11$0.71$-0.08$0.88$0.04$0.44$-0.11$0.65$0.14$0.79$-0.05$0.97$0.55$0.27$-0.59$0.14$-0.07$-1.54$-1.11$1.43$0.62
Surprise %------------0.91%----------1.85%--1.09%3.10%0.84%1.28%

According to 6 Wall Street analysts, Nordstrom's projected average Quarter EPS for May 24 is $-0.08, with a low estimate of $-0.08 and a high estimate of $-0.08. This represents a -109.99% decrease compared to JWN previous annual EPS of $0.81 (Feb 24).

Nordstrom Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
KSSKohl's$14.25$22.0054.39%Hold
MMacy's$16.73$17.001.61%Hold
JWNNordstrom$23.16$22.60-2.42%Hold
DDSDillard's$436.85$376.00-13.93%Buy

JWN Forecast FAQ


Is Nordstrom a good buy?

No, according to 26 Wall Street analysts, Nordstrom (JWN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 23.08% of JWN's total ratings.

What is JWN's price target?

Nordstrom (JWN) average price target is $22.6 with a range of $20 to $24, implying a -7.87% from its last price of $24.53. The data is based on 26 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Nordstrom stock go up soon?

According to Wall Street analysts' prediction for JWN stock, the company can go down by -7.87% (from the last price of $24.53 to the average price target of $22.6), down by -2.16% based on the highest stock price target, and down by -18.47% based on the lowest stock price target.

Can Nordstrom stock reach $40?

JWN's average twelve months analyst stock price target of $22.6 does not support the claim that Nordstrom can reach $40 in the near future.

What are Nordstrom's analysts' financial forecasts?

Nordstrom's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $15.15B (high $15.59B, low $14.84B), average EBITDA is $988.62M (high $1.02B, low $968.03M), average net income is $334.71M (high $348.55M, low $324.52M), average SG&A $5.12B (high $5.27B, low $5.01B), and average EPS is $1.99 (high $2.07, low $1.93). JWN's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $14.29B (high $14.71B, low $13.99B), average EBITDA is $932.33M (high $959.57M, low $912.91M), average net income is $360.25M (high $376.19M, low $348.24M), average SG&A $4.82B (high $4.97B, low $4.72B), and average EPS is $2.14 (high $2.24, low $2.07).

Did the JWN's actual financial results beat the analysts' financial forecasts?

Based on Nordstrom's last annual report (Feb 2024), the company's revenue was $14.69B, beating the average analysts forecast of $14.58B by 0.77%. Apple's EBITDA was $1.3B, beating the average prediction of $1.17B by 11.57%. The company's net income was $134M, missing the average estimation of $420.59M by -68.14%. Apple's SG&A was $4.86B, missing the average forecast of $5.17B by -6.10%. Lastly, the company's EPS was $0.82, missing the average prediction of $1.36 by -39.61%. In terms of the last quarterly report (Feb 2024), Nordstrom's revenue was $4.42B, beating the average analysts' forecast of $4.38B by 0.91%. The company's EBITDA was $371M, beating the average prediction of $285.81M by 29.81%. Nordstrom's net income was $134M, missing the average estimation of $149.6M by -10.43%. The company's SG&A was $1.39B, missing the average forecast of $1.48B by -6.02%. Lastly, the company's EPS was $0.81, missing the average prediction of $0.89 by -8.98%