Needham & Company LLC Lowers Steven Madden (NASDAQ:SHOO) Price Target to $41.00

Steven Madden (NASDAQ:SHOO) had its price objective decreased by analysts at Needham & Company LLC from $50.00 to $41.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the textile maker’s stock. Needham & Company LLC’s price target indicates a potential upside of 16.83% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group downgraded shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price objective on the stock. in a report on Thursday, February 5th. Zacks Research downgraded Steven Madden from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating on shares of Steven Madden in a report on Monday. Wall Street Zen raised Steven Madden from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Steven Madden in a research note on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $42.38.

Steven Madden Stock Performance

Steven Madden stock traded down $2.27 during trading hours on Wednesday, reaching $35.10. 1,566,271 shares of the company were exchanged, compared to its average volume of 1,550,566. Steven Madden has a 12 month low of $19.05 and a 12 month high of $46.88. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 44.49 and a beta of 1.11. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. The stock has a 50-day moving average of $42.21 and a 200 day moving average of $37.33.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings data on Wednesday, February 25th. The textile maker reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The business had revenue of $753.70 million during the quarter, compared to the consensus estimate of $758.53 million. Steven Madden had a net margin of 2.38% and a return on equity of 14.28%. Steven Madden’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 EPS. As a group, research analysts anticipate that Steven Madden will post 2.66 earnings per share for the current year.

Institutional Trading of Steven Madden

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Steven Madden by 2.5% in the third quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock worth $277,342,000 after acquiring an additional 200,013 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Steven Madden by 18.1% in the third quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock valued at $115,613,000 after buying an additional 528,829 shares during the period. Invesco Ltd. increased its position in shares of Steven Madden by 15.2% during the fourth quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock worth $115,965,000 after acquiring an additional 367,459 shares in the last quarter. Capital Research Global Investors lifted its position in Steven Madden by 14.0% in the 3rd quarter. Capital Research Global Investors now owns 2,720,354 shares of the textile maker’s stock valued at $91,077,000 after acquiring an additional 334,058 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Steven Madden by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock valued at $82,046,000 after acquiring an additional 41,947 shares in the last quarter. 99.88% of the stock is owned by institutional investors.

Key Steven Madden News

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Q4 EPS slightly beat estimates — reported $0.48 vs. consensus $0.46, and revenue grew 29.6% year-over-year. This shows ongoing top-line momentum. Press Release
• Neutral Sentiment: Company gave a FY2026 revenue outlook of roughly $2.7B–$2.8B (in line with consensus), providing some top-line visibility even though EPS guidance was not provided. Guidance Release
• Negative Sentiment: Management withheld a profit/earnings forecast citing tariff uncertainty — investors dislike the increased uncertainty around margins and costs, which pressured the stock. Article: Withholds Profit Forecast
• Negative Sentiment: Revenue missed the Street narrowly ($753.7M vs. $758.5M est.) and EPS is down year-over-year (Q4 EPS $0.48 vs. $0.55 a year ago); net margin is low (~2.4%), highlighting margin pressure despite sales growth. Earnings Snapshot

About Steven Madden

Steven Madden, Inc (NASDAQ: SHOO) is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company’s product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.