Steven Madden (SHOO) Stock Forecast, Price Target & Predictions


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SHOO Stock Forecast


Steven Madden stock forecast is as follows: an average price target of $42.50 (represents a -0.77% downside from SHOO’s last price of $42.83) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

SHOO Price Target


The average price target for Steven Madden (SHOO) is $42.50 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $43.00 to $42.00. This represents a potential -0.77% downside from SHOO's last price of $42.83.

SHOO Analyst Ratings


Hold

According to 11 Wall Street analysts, Steven Madden's rating consensus is 'Hold'. The analyst rating breakdown for SHOO stock is 0 'Strong Buy' (0.00%), 3 'Buy' (27.27%), 8 'Hold' (72.73%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Steven Madden Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 08, 2024Sam PoserWilliams Trading$42.00$45.93-8.56%-1.94%
Oct 29, 2024Paul LejuezCitigroup$43.00$45.89-6.30%0.40%
Jun 07, 2024Jay SoleUBS$46.00$44.533.30%7.40%
Jun 06, 2024Janine StichterBTIG$53.00$44.3419.53%23.75%
Jul 27, 2023Dana TelseyTelsey Advisory$39.00$33.3117.08%-8.94%

The latest Steven Madden stock forecast, released on Nov 08, 2024 by Sam Poser from Williams Trading, set a price target of $42.00, which represents a -8.56% decrease from the stock price at the time of the forecast ($45.93), and a -1.94% decrease from SHOO last price ($42.83).

Steven Madden Price Target by Period


1M3M12M
# Anlaysts-24
Avg Price Target-$42.50$46.00
Last Closing Price$42.83$42.83$42.83
Upside/Downside-100.00%-0.77%7.40%

In the current month, the average price target of Steven Madden stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Steven Madden's last price of $42.83. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024CitigroupNeutralNeutralHold
Aug 23, 2024WedbushMarket PerformMarket PerformHold
Aug 23, 2024Telsey AdvisoryUnderperformUnderperformHold
Aug 01, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Jun 07, 2024UBSNeutralNeutralHold
Jun 06, 2024Telsey AdvisoryUnderperformUnderperformHold
Jun 06, 2024BTIGBuyBuyHold
May 17, 2024WedbushMarket PerformMarket PerformHold
Feb 29, 2024WedbushMarket PerformMarket PerformHold
Feb 29, 2024Telsey AdvisoryUnderperformUnderperformHold
Feb 28, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Feb 07, 2024Telsey AdvisoryUnderperformUnderperformHold
Feb 07, 2024WedbushMarket PerformMarket PerformHold
Jul 27, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Sep 13, 2022Piper SandlerNeutralDowngrade
Sep 13, 2022BNP ParibasSector WeightInitialise
Sep 13, 2022Evercore ISIOutperformInitialise
Sep 13, 2022Loop Capital MarketsHoldDowngrade
Sep 13, 2022Janney MontgomeryBuyInitialise
Sep 13, 2022Credit SuisseNeutralDowngrade
Sep 13, 2022Exane BNP ParibasNeutralInitialise

Steven Madden's last stock rating was published by Citigroup on Oct 29, 2024. The company gave SHOO a "Neutral" rating, the same as its previous rate.

Steven Madden Financial Forecast


Steven Madden Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$519.71M$552.73M$445.30M$463.83M$470.64M$556.64M$534.99M$559.73M$578.48M$528.74M$397.89M$361.02M$352.97M$346.87M$142.81M$359.17M$433.94M$497.31M
Avg Forecast$590.88M$673.50M$565.99M$594.58M$579.15M$654.46M$551.28M$580.75M$550.37M$607.89M$515.15M$525.04M$511.96M$548.98M$456.65M$449.83M$458.56M$532.51M$488.48M$467.22M$527.13M$526.45M$373.01M$333.62M$344.00M$328.74M$180.49M$354.95M$424.05M$487.18M
High Forecast$597.49M$681.03M$572.32M$601.22M$585.62M$661.77M$557.44M$583.08M$552.27M$608.92M$515.15M$525.04M$513.52M$548.98M$461.76M$454.86M$463.69M$532.51M$488.48M$467.22M$527.13M$526.45M$373.01M$333.62M$344.00M$328.74M$180.49M$354.95M$424.05M$487.18M
Low Forecast$584.72M$666.48M$560.09M$588.38M$573.11M$647.63M$545.53M$577.59M$548.66M$606.87M$515.15M$525.04M$509.11M$548.98M$451.89M$445.14M$453.78M$532.51M$488.48M$467.22M$527.13M$526.45M$373.01M$333.62M$344.00M$328.74M$180.49M$354.95M$424.05M$487.18M
# Analysts222211145434756322223456559644
Surprise %------------1.02%1.01%0.98%1.03%1.03%1.05%1.10%1.20%1.10%1.00%1.07%1.08%1.03%1.06%0.79%1.01%1.02%1.02%

Steven Madden's average Quarter revenue forecast for Mar 24 based on 4 analysts is $525.04M, with a low forecast of $525.04M, and a high forecast of $525.04M. SHOO's average Quarter revenue forecast represents a 1.02% increase compared to the company's last Quarter revenue of $519.71M (Dec 23).

Steven Madden EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145434756322223456559644
EBITDA------------$39.93M$82.74M$47.93M$49.88M$44.91M$83.71M$70.49M$103.12M$85.98M$92.04M$52.16M$32.68M$102.75M$67.01M$-19.45M$-2.22M$24.63M$73.47M
Avg Forecast$67.24M$76.64M$64.41M$67.66M$65.90M$74.47M$62.73M$66.09M$62.63M$69.18M$58.62M$89.89M$58.26M$62.47M$51.97M$81.72M$79.77M$68.42M$62.76M$64.60M$67.72M$67.64M$47.92M$19.90M$44.20M$42.24M$23.19M$-21.02M$54.48M$62.59M
High Forecast$67.99M$77.50M$65.13M$68.42M$66.64M$75.31M$63.43M$66.35M$62.85M$69.29M$58.62M$107.87M$58.44M$62.47M$52.55M$98.06M$95.72M$68.42M$62.76M$77.52M$67.72M$67.64M$47.92M$23.88M$44.20M$42.24M$23.19M$-16.82M$54.48M$62.59M
Low Forecast$66.54M$75.84M$63.74M$66.96M$65.22M$73.70M$62.08M$65.73M$62.44M$69.06M$58.62M$71.91M$57.93M$62.47M$51.42M$65.38M$63.82M$68.42M$62.76M$51.68M$67.72M$67.64M$47.92M$15.92M$44.20M$42.24M$23.19M$-25.23M$54.48M$62.59M
Surprise %------------0.69%1.32%0.92%0.61%0.56%1.22%1.12%1.60%1.27%1.36%1.09%1.64%2.32%1.59%-0.84%0.11%0.45%1.17%

4 analysts predict SHOO's average Quarter EBITDA for Mar 24 to be $89.89M, with a high of $107.87M and a low of $71.91M. This is 125.11% upper than Steven Madden's previous annual EBITDA (Dec 23) of $39.93M.

Steven Madden Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145434756322223456559644
Net Income------------$35.88M$64.41M$34.53M$36.73M$31.79M$61.30M$48.46M$74.51M$66.12M$66.64M$36.85M$21.20M$22.59M$-7.15M$-17.14M$-17.80M$17.75M$52.46M
Avg Forecast$46.12M$80.25M$49.42M$54.84M$43.49M$72.61M$44.55M$51.37M$38.31M$63.70M$37.78M$64.93M$40.73M$61.50M$33.09M$59.03M$63.51M$56.10M$42.76M$46.66M$52.02M$55.56M$22.31M$13.63M$15.31M$16.01M$-19.28M$-18.48M$28.15M$42.15M
High Forecast$46.79M$81.41M$50.14M$55.64M$44.12M$73.67M$45.20M$53.57M$40.44M$63.84M$37.78M$77.92M$42.18M$61.56M$33.58M$70.84M$76.21M$56.10M$42.76M$56.00M$52.02M$55.56M$22.31M$16.36M$15.31M$16.01M$-19.28M$-14.78M$28.15M$42.15M
Low Forecast$45.50M$79.16M$48.75M$54.10M$42.90M$71.63M$43.95M$50.63M$36.18M$63.56M$37.77M$51.95M$40.00M$61.43M$32.65M$47.22M$50.81M$56.10M$42.76M$37.33M$52.02M$55.56M$22.31M$10.91M$15.31M$16.01M$-19.28M$-22.17M$28.15M$42.15M
Surprise %------------0.88%1.05%1.04%0.62%0.50%1.09%1.13%1.60%1.27%1.20%1.65%1.55%1.48%-0.45%0.89%0.96%0.63%1.24%

Steven Madden's average Quarter net income forecast for Mar 24 is $64.93M, with a range of $51.95M to $77.92M. SHOO's average Quarter net income forecast represents a 80.97% increase compared to the company's last Quarter net income of $35.88M (Dec 23).

Steven Madden SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145434756322223456559644
SG&A------------------------------
Avg Forecast$170.01M$193.79M$162.85M$171.08M$166.64M$188.31M$158.62M$167.10M$158.36M$174.91M$148.22M$151.07M$147.31M$157.96M$131.39M$129.43M$131.94M$153.22M$140.55M$134.43M$151.67M$151.47M$107.33M$95.99M$98.98M$94.59M$51.93M$102.13M$122.01M$140.17M
High Forecast$171.91M$195.95M$164.67M$172.99M$168.50M$190.41M$160.39M$167.77M$158.90M$175.20M$148.22M$151.07M$147.75M$157.96M$132.86M$130.88M$133.42M$153.22M$140.55M$134.43M$151.67M$151.47M$107.33M$95.99M$98.98M$94.59M$51.93M$102.13M$122.01M$140.17M
Low Forecast$168.24M$191.77M$161.15M$169.29M$164.90M$186.34M$156.96M$166.19M$157.87M$174.61M$148.22M$151.07M$146.48M$157.96M$130.02M$128.08M$130.56M$153.22M$140.55M$134.43M$151.67M$151.47M$107.33M$95.99M$98.98M$94.59M$51.93M$102.13M$122.01M$140.17M
Surprise %------------------------------

Steven Madden's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to SHOO last annual SG&A of $NaN (undefined).

Steven Madden EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145434756322223456559644
EPS------------$0.49$0.88$0.47$0.49$0.43$0.81$0.63$0.96$0.85$0.85$0.47$0.27$0.29$-0.09$-0.22$-0.23$0.23$0.66
Avg Forecast$0.64$1.12$0.69$0.77$0.61$1.01$0.62$0.72$0.54$0.89$0.53$0.56$0.57$0.86$0.46$0.48$0.44$0.78$0.59$0.51$0.72$0.77$0.31$0.17$0.21$0.22$-0.27$0.17$0.39$0.59
High Forecast$0.65$1.14$0.70$0.78$0.62$1.03$0.63$0.75$0.57$0.89$0.53$0.56$0.59$0.86$0.47$0.49$0.45$0.78$0.59$0.51$0.72$0.77$0.31$0.17$0.21$0.22$-0.27$0.17$0.39$0.59
Low Forecast$0.64$1.11$0.68$0.76$0.60$1.00$0.61$0.71$0.51$0.89$0.53$0.56$0.56$0.86$0.46$0.48$0.44$0.78$0.59$0.51$0.72$0.77$0.31$0.17$0.21$0.22$-0.27$0.17$0.39$0.59
Surprise %------------0.86%1.02%1.02%1.01%0.97%1.04%1.06%1.88%1.18%1.10%1.52%1.60%1.36%-0.41%0.82%-1.33%0.59%1.13%

According to 4 Wall Street analysts, Steven Madden's projected average Quarter EPS for Mar 24 is $0.56, with a low estimate of $0.56 and a high estimate of $0.56. This represents a 14.40% increase compared to SHOO previous annual EPS of $0.49 (Dec 23).

Steven Madden Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DBIDesigner Brands$5.96$13.33123.66%Hold
CALCaleres$23.88$30.0025.63%Hold
RCKYRocky Brands$23.38$25.006.93%Hold
SHOOSteven Madden$43.26$42.50-1.76%Hold
WWWWolverine World Wide$23.16$19.14-17.36%Buy

SHOO Forecast FAQ


Is Steven Madden a good buy?

No, according to 11 Wall Street analysts, Steven Madden (SHOO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 27.27% of SHOO's total ratings.

What is SHOO's price target?

Steven Madden (SHOO) average price target is $42.5 with a range of $42 to $43, implying a -0.77% from its last price of $42.83. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Steven Madden stock go up soon?

According to Wall Street analysts' prediction for SHOO stock, the company can go down by -0.77% (from the last price of $42.83 to the average price target of $42.5), up by 0.40% based on the highest stock price target, and down by -1.94% based on the lowest stock price target.

Can Steven Madden stock reach $60?

SHOO's average twelve months analyst stock price target of $42.5 does not support the claim that Steven Madden can reach $60 in the near future.

What are Steven Madden's analysts' financial forecasts?

Steven Madden's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.37B (high $2.39B, low $2.34B), average EBITDA is $269.2M (high $271.74M, low $266.72M), average net income is $212.02M (high $216.56M, low $209.11M), average SG&A $680.66M (high $687.07M, low $674.39M), and average EPS is $2.96 (high $3.03, low $2.92). SHOO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.42B (high $2.45B, low $2.4B), average EBITDA is $275.95M (high $279.04M, low $273.07M), average net income is $230.63M (high $233.99M, low $227.51M), average SG&A $697.72M (high $705.53M, low $690.45M), and average EPS is $3.22 (high $3.27, low $3.18).

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

Based on Steven Madden's last annual report (Dec 2023), the company's revenue was $1.98B, beating the average analysts forecast of $1.97B by 0.72%. Apple's EBITDA was $213.22M, missing the average prediction of $254.42M by -16.19%. The company's net income was $171.55M, missing the average estimation of $194.35M by -11.73%. Apple's SG&A was $0, missing the average forecast of $566.08M by -100.00%. Lastly, the company's EPS was $2.3, missing the average prediction of $2.38 by -3.17%. In terms of the last quarterly report (Dec 2023), Steven Madden's revenue was $519.71M, beating the average analysts' forecast of $511.96M by 1.51%. The company's EBITDA was $39.93M, missing the average prediction of $58.26M by -31.46%. Steven Madden's net income was $35.88M, missing the average estimation of $40.73M by -11.90%. The company's SG&A was $0, missing the average forecast of $147.31M by -100.00%. Lastly, the company's EPS was $0.49, missing the average prediction of $0.569 by -13.90%