Nordstrom (JWN) Stock Forecast, Price Target & Predictions
JWN Stock Forecast
Nordstrom stock forecast is as follows: an average price target of $23.00 (represents a 2.68% upside from JWN’s last price of $22.40) 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 $23.00 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $16.00. This represents a potential 2.68% upside from JWN's last price of $22.40.
JWN Analyst Ratings
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%), 7 'Buy' (26.92%), 17 'Hold' (65.38%), 2 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).
Nordstrom Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 05, 2024 | Paul Kearney | Barclays | $23.00 | $22.87 | 0.57% | 2.68% |
| Aug 28, 2024 | Ashley Owens | Loop Capital Markets | $24.00 | $21.91 | 9.54% | 7.14% |
| Aug 28, 2024 | Ashley Owens | KeyBanc | $24.00 | $21.92 | 9.49% | 7.14% |
| Aug 28, 2024 | Simeon Siegel | BMO Capital | $22.00 | $21.93 | 0.32% | -1.79% |
| Aug 28, 2024 | Lorraine Hutchinson | Bank of America Securities | $20.00 | $21.14 | -5.39% | -10.71% |
| May 31, 2024 | Zachary Warring | CFRA | $16.00 | $22.10 | -27.60% | -28.57% |
| May 31, 2024 | Michael Binetti | Evercore ISI | $19.00 | $21.03 | -9.65% | -15.18% |
| Apr 09, 2024 | Kristina Ruggeri | Argus Research | $21.00 | $19.44 | 8.02% | -6.25% |
| Mar 06, 2024 | Simeon Siegel | Loop Capital Markets | $20.00 | $17.87 | 11.92% | -10.71% |
| Mar 06, 2024 | Michael Binetti | Evercore ISI | $17.00 | $17.87 | -4.87% | -24.11% |
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 2.68% increase from JWN last price ($22.40).
Nordstrom Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 5 | 10 |
| Avg Price Target | $22.60 | $22.60 | $20.60 |
| Last Closing Price | $22.40 | $22.40 | $22.40 |
| Upside/Downside | 0.89% | 0.89% | -8.04% |
In the current month, the average price target of Nordstrom stock is $22.60, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 0.89% increase as opposed to Nordstrom's last price of $22.40. This month's average price target is down 0.00% compared to last quarter, and up 9.71% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 05, 2024 | Keefe, Bruyette & Woods | - | Outperform | Upgrade |
| Sep 05, 2024 | Wedbush | - | Outperform | Upgrade |
| Sep 05, 2024 | Barclays | Underweight | Equal-Weight | Upgrade |
| Aug 28, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Aug 28, 2024 | BMO Capital | Perform | Perform | Hold |
| Aug 28, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 28, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 28, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 20, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Jul 09, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
Nordstrom's last stock rating was published by Keefe, Bruyette & Woods on Sep 05, 2024. The company Upgrade its JWN rating from "null" to "Outperform".
Nordstrom Financial Forecast
Nordstrom Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $4.42B | - | - | - | - | - | - | - | - | - | - | $3.01B | - | - | $1.86B | $2.12B | $4.54B | $3.67B |
| Avg Forecast | $4.06B | $4.04B | $4.02B | $4.01B | $4.38B | $3.41B | $3.94B | $3.37B | $4.25B | $3.33B | $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 | $4.14B | $4.12B | $4.11B | $4.09B | $4.47B | $3.48B | $4.02B | $3.44B | $4.32B | $3.36B | $3.96B | $3.27B | $4.47B | $3.58B | $3.75B | $3.19B | $4.43B | $3.56B | $4.07B | $3.37B | $4.48B | $3.63B | $3.43B | $2.97B | $3.68B | $3.21B | $2.44B | $2.45B | $4.68B | $3.77B |
| Low Forecast | $3.98B | $3.97B | $3.95B | $3.93B | $4.30B | $3.34B | $3.86B | $3.31B | $4.21B | $3.28B | $3.81B | $3.14B | $4.30B | $3.21B | $3.61B | $3.06B | $4.26B | $3.42B | $3.88B | $3.23B | $4.23B | $3.43B | $3.24B | $2.81B | $3.48B | $3.03B | $2.31B | $2.31B | $4.43B | $3.57B |
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 4 |
| 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 $3.14B, and a high forecast of $3.27B. 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 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $371.00M | - | - | - | - | - | - | - | - | - | - | $120.00M | - | - | $-154.00M | $-591.00M | $549.00M | $393.00M |
| Avg Forecast | $264.14M | $263.05M | $261.97M | $260.89M | $285.16M | $221.64M | $256.27M | $219.60M | $276.77M | $216.97M | $252.61M | $464.11M | $285.09M | $221.54M | $239.25M | $421.91M | $282.42M | $377.96M | $259.16M | $214.11M | $421.05M | $343.60M | $217.42M | $127.60M | $2.15B | $203.47M | $154.81M | $638.63M | $296.99M | $239.27M |
| High Forecast | $269.58M | $268.47M | $267.37M | $266.26M | $291.04M | $226.20M | $261.56M | $224.12M | $281.35M | $218.93M | $257.82M | $556.93M | $290.96M | $233.27M | $244.18M | $506.30M | $288.24M | $453.55M | $264.77M | $219.50M | $505.26M | $412.32M | $223.14M | $153.12M | $2.58B | $208.82M | $158.88M | $766.36M | $304.80M | $245.56M |
| Low Forecast | $259.16M | $258.09M | $257.02M | $255.97M | $279.78M | $217.45M | $251.44M | $215.45M | $274.15M | $213.70M | $247.84M | $371.28M | $279.71M | $209.16M | $234.73M | $337.53M | $277.09M | $302.37M | $252.59M | $210.37M | $336.84M | $274.88M | $210.93M | $102.08M | $1.72B | $197.39M | $150.19M | $510.91M | $288.12M | $232.12M |
| 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 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $134.00M | - | - | - | - | - | - | - | - | - | - | $-166.00M | - | - | $-255.00M | $-521.00M | $192.00M | $126.00M |
| Avg Forecast | $179.25M | $44.86M | $168.68M | $-36.18M | $177.94M | $51.59M | $141.79M | $-29.15M | $163.85M | $35.95M | $120.02M | $192.18M | $150.22M | $20.85M | $75.84M | $174.71M | $112.64M | $84.70M | $131.74M | $-8.72M | $83.43M | $77.00M | $44.89M | $18.15M | $365.70M | $-10.52M | $-245.67M | $223.35M | $242.68M | $104.17M |
| High Forecast | $184.05M | $46.07M | $173.20M | $-35.29M | $182.70M | $52.97M | $145.58M | $-28.43M | $189.72M | $54.88M | $123.24M | $230.61M | $154.24M | $39.80M | $77.88M | $209.65M | $115.65M | $101.64M | $135.45M | $-8.52M | $100.11M | $92.40M | $46.43M | $21.78M | $438.84M | $-10.11M | $-236.13M | $268.02M | $250.98M | $107.73M |
| Low Forecast | $174.85M | $43.76M | $164.54M | $-37.15M | $173.57M | $50.32M | $138.31M | $-29.93M | $144.87M | $20.82M | $117.08M | $153.74M | $146.54M | $7.58M | $73.98M | $139.76M | $109.87M | $67.76M | $127.40M | $-9.00M | $66.74M | $61.60M | $43.15M | $14.52M | $292.56M | $-10.88M | $-254.07M | $178.68M | $233.26M | $100.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | - | - | - | - | - | - | - | - | - | - | -9.15% | - | - | 1.04% | -2.33% | 0.79% | 1.21% |
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 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.39B | - | - | - | - | - | - | - | - | - | - | $1.07B | - | - | $826.00M | $1.12B | $1.35B | $1.14B |
| Avg Forecast | $1.37B | $1.36B | $1.36B | $1.35B | $1.48B | $1.15B | $1.33B | $1.14B | $1.43B | $1.12B | $1.31B | $1.43B | $1.48B | $1.15B | $1.24B | $1.30B | $1.46B | $1.24B | $1.34B | $1.11B | $1.59B | $1.13B | $1.13B | $687.50M | $1.21B | $1.05B | $802.21M | $1.58B | $1.54B | $1.24B |
| High Forecast | $1.40B | $1.39B | $1.39B | $1.38B | $1.51B | $1.17B | $1.36B | $1.16B | $1.46B | $1.13B | $1.34B | $1.72B | $1.51B | $1.21B | $1.27B | $1.56B | $1.49B | $1.49B | $1.37B | $1.14B | $1.90B | $1.36B | $1.16B | $825.00M | $1.24B | $1.08B | $823.31M | $1.89B | $1.58B | $1.27B |
| Low Forecast | $1.34B | $1.34B | $1.33B | $1.33B | $1.45B | $1.13B | $1.30B | $1.12B | $1.42B | $1.11B | $1.28B | $1.14B | $1.45B | $1.08B | $1.22B | $1.04B | $1.44B | $994.34M | $1.31B | $1.09B | $1.27B | $903.95M | $1.09B | $550.00M | $1.17B | $1.02B | $778.25M | $1.26B | $1.49B | $1.20B |
| 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 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.81 | - | - | - | - | - | - | - | - | - | - | $-1.05 | - | - | $-1.62 | $-3.33 | $1.24 | $0.81 |
| Avg Forecast | $1.06 | $0.27 | $1.00 | $-0.21 | $1.05 | $0.31 | $0.84 | $-0.17 | $0.97 | $0.21 | $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 | $1.09 | $0.27 | $1.03 | $-0.21 | $1.08 | $0.31 | $0.86 | $-0.17 | $1.12 | $0.33 | $0.73 | $-0.08 | $0.91 | $0.24 | $0.46 | $-0.10 | $0.69 | $0.15 | $0.83 | $-0.05 | $1.03 | $0.59 | $0.28 | $-0.55 | $0.14 | $-0.06 | $-1.43 | $-1.03 | $1.52 | $0.65 |
| Low Forecast | $1.04 | $0.26 | $0.97 | $-0.22 | $1.03 | $0.30 | $0.82 | $-0.18 | $0.86 | $0.12 | $0.69 | $-0.08 | $0.87 | $0.04 | $0.44 | $-0.11 | $0.65 | $0.14 | $0.78 | $-0.05 | $0.96 | $0.54 | $0.26 | $-0.59 | $0.13 | $-0.07 | $-1.54 | $-1.11 | $1.42 | $0.61 |
| 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).
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 7 'Buy' recommendations, accounting for 26.92% of JWN's total ratings.
What is JWN's price target?
Nordstrom (JWN) average price target is $23 with a range of $16 to $35, implying a 2.68% from its last price of $22.4. 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 up by 2.68% (from the last price of $22.4 to the average price target of $23), up by 56.25% based on the highest stock price target, and down by -28.57% based on the lowest stock price target.
Can Nordstrom stock reach $30?
JWN's highest twelve months analyst stock price target of $35 supports the claim that Nordstrom can reach $30 in the near future.
What is Nordstrom's current price target trend?
5 Wall Street analysts forecast a $22.6 price target for Nordstrom (JWN) this month, up 0.89% from its last price of $22.4. Compared to the last 3 and 12 months, the average price target increased by 0.89% and decreased by -8.04%, respectively.
What are Nordstrom's analysts' financial forecasts?
Nordstrom's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $15.1B (high $15.41B, low $14.81B), average EBITDA is $982.67M (high $1B, low $964.13M), average net income is $342.16M (high $352.82M, low $332.27M), average SG&A $5.09B (high $5.2B, low $5B), and average EPS is $2.03 (high $2.09, low $1.97). JWN's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $16.13B (high $16.47B, low $15.83B), average EBITDA is $1.05B (high $1.07B, low $1.03B), average net income is $356.61M (high $368.02M, low $346.01M), average SG&A $5.44B (high $5.55B, low $5.34B), and average EPS is $2.11 (high $2.18, low $2.05).
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 11.75%. The company's net income was $134M, missing the average estimation of $421.62M by -68.22%. Apple's SG&A was $4.86B, missing the average forecast of $5.17B by -6.01%. 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 $285.09M by 30.13%. Nordstrom's net income was $134M, missing the average estimation of $150.22M by -10.80%. The company's SG&A was $1.39B, missing the average forecast of $1.48B by -5.91%. Lastly, the company's EPS was $0.81, missing the average prediction of $0.89 by -8.98%