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 -0.26% downside from JWN’s last price of $23.06) 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 -0.26% downside from JWN's last price of $23.06.
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%), 6 'Buy' (23.08%), 18 'Hold' (69.23%), 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% | -0.26% |
| Aug 28, 2024 | Ashley Owens | Loop Capital Markets | $24.00 | $21.91 | 9.54% | 4.08% |
| Aug 28, 2024 | Ashley Owens | KeyBanc | $24.00 | $21.92 | 9.49% | 4.08% |
| Aug 28, 2024 | Simeon Siegel | BMO Capital | $22.00 | $21.93 | 0.32% | -4.60% |
| Aug 28, 2024 | Lorraine Hutchinson | Bank of America Securities | $20.00 | $21.14 | -5.39% | -13.27% |
| May 31, 2024 | Zachary Warring | CFRA | $16.00 | $22.10 | -27.60% | -30.62% |
| May 31, 2024 | Michael Binetti | Evercore ISI | $19.00 | $21.03 | -9.65% | -17.61% |
| Apr 09, 2024 | Kristina Ruggeri | Argus Research | $21.00 | $19.44 | 8.02% | -8.93% |
| Mar 06, 2024 | Simeon Siegel | Loop Capital Markets | $20.00 | $17.87 | 11.92% | -13.27% |
| Mar 06, 2024 | Michael Binetti | Evercore ISI | $17.00 | $17.87 | -4.87% | -26.28% |
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 -0.26% decrease from JWN last price ($23.06).
Nordstrom Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 10 |
| Avg Price Target | - | $22.60 | $20.60 |
| Last Closing Price | $23.06 | $23.06 | $23.06 |
| Upside/Downside | -100.00% | -1.99% | -10.67% |
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 $23.06. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 26, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Sep 26, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| 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 | BMO Capital | Perform | Perform | Hold |
| Aug 28, 2024 | Goldman Sachs | Neutral | Neutral | 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 |
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 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 | $4.10B | $4.09B | $4.47B | $3.47B | $4.01B | $3.44B | $4.33B | $3.36B | $3.88B | $3.20B | $4.38B | $3.58B | $3.75B | $3.18B | $4.42B | $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 | $3.99B | $3.97B | $3.96B | $3.94B | $4.31B | $3.35B | $3.87B | $3.32B | $4.20B | $3.28B | $3.88B | $3.19B | $4.38B | $3.21B | $3.61B | $3.07B | $4.27B | $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 |
| # Analysts | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 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 $3.19B, 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 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 | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 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 | $276.90M | $216.97M | $252.61M | $464.11M | $285.09M | $221.54M | $239.25M | $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 | $269.31M | $268.20M | $267.10M | $265.99M | $290.74M | $225.97M | $261.29M | $223.90M | $282.12M | $218.93M | $252.81M | $556.93M | $285.41M | $233.27M | $243.93M | $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 | $259.76M | $258.69M | $257.62M | $256.56M | $280.43M | $217.96M | $252.03M | $215.96M | $273.63M | $213.70M | $252.41M | $371.28M | $284.77M | $209.16M | $235.28M | $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 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 | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 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 | $141.95M | $-29.15M | $164.61M | $36.66M | $120.02M | $192.18M | $150.22M | $20.85M | $75.84M | $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 | $183.81M | $46.00M | $172.97M | $-35.40M | $182.46M | $52.90M | $145.57M | $-28.52M | $186.67M | $61.09M | $120.53M | $230.61M | $152.16M | $39.80M | $77.77M | $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 | $175.38M | $43.90M | $165.04M | $-37.10M | $174.10M | $50.47M | $138.89M | $-29.89M | $142.54M | $19.20M | $119.51M | $153.74M | $148.28M | $7.58M | $74.21M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | - | - | - | - | - | - | - | - | - | - | -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 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 | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 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 | $1.74B | $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 | $1.40B | $1.39B | $1.38B | $1.38B | $1.51B | $1.17B | $1.35B | $1.16B | $1.46B | $1.13B | $1.31B | $1.72B | $1.48B | $1.21B | $1.26B | $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 | $1.35B | $1.34B | $1.33B | $1.33B | $1.45B | $1.13B | $1.31B | $1.12B | $1.42B | $1.11B | $1.31B | $1.14B | $1.48B | $1.08B | $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 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 | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 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 | $0.98 | $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 | $1.09 | $0.27 | $1.02 | $-0.21 | $1.08 | $0.31 | $0.86 | $-0.17 | $1.11 | $0.36 | $0.71 | $-0.08 | $0.90 | $0.24 | $0.46 | $-0.10 | $0.68 | $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 | $1.04 | $0.26 | $0.98 | $-0.22 | $1.03 | $0.30 | $0.82 | $-0.18 | $0.84 | $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).