
Steven Madden (SHOO) Stock Forecast & Price Target
Steven Madden (SHOO) Analyst Ratings
Bulls say
Steven Madden Ltd has demonstrated a strong rebound in its branded business, achieving an 11% growth on a pro forma basis in 2025 and anticipating mid to high-single-digit revenue gains for 2026, supported by robust performance in both wholesale and direct-to-consumer segments. Notably, the direct-to-consumer channel experienced close to 80% growth due to heightened sales from Kurt Geiger, indicating strong demand and effective market strategies. Furthermore, the company has reported an impressive gross margin expansion of 180 basis points in Q3, reaching 43.4%, which significantly outperformed earlier estimates and highlights operational efficiency and profitability.
Bears say
Steven Madden Ltd's private label segment experienced a significant contraction, declining approximately 15% to $355 million in 2025, with projections indicating a further decline of nearly 20% for 2026. This downturn, combined with anticipated operating margin pressure projected to decrease to 6.2%, well below market expectations of 6.7%, suggests a challenging financial environment. Additionally, disruptions due to a shift in sourcing from China, leading to shipment delays and increased costs, are expected to exacerbate revenue losses and hinder gross margin recovery.
This aggregate rating is based on analysts' research of Steven Madden and is not a guaranteed prediction by Public.com or investment advice.
Steven Madden (SHOO) Analyst Forecast & Price Prediction
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