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

Steven Madden (NASDAQ:SHOO) had its price target cut by investment analysts at Needham & Company LLC from $50.00 to $41.00 in a research report issued on Wednesday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the textile maker’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 11.23% from the company’s current price.

Several other equities analysts have also recently commented on the stock. BTIG Research reiterated a “buy” rating and set a $50.00 target price on shares of Steven Madden in a research note on Thursday, February 19th. Weiss Ratings restated a “hold (c)” rating on shares of Steven Madden in a report on Thursday, January 22nd. Piper Sandler increased their target price on shares of Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Wall Street Zen raised Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, UBS Group restated a “neutral” rating on shares of Steven Madden in a research note on Monday. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Steven Madden presently has an average rating of “Hold” and an average price target of $43.43.

Steven Madden Price Performance

Shares of NASDAQ:SHOO opened at $36.86 on Wednesday. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 59.45 and a beta of 1.11. The business has a 50 day moving average price of $41.95 and a 200 day moving average price of $37.32. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. Steven Madden has a twelve month low of $19.05 and a twelve month high of $46.88.

Steven Madden (NASDAQ:SHOO) last issued its quarterly earnings results on Wednesday, February 25th. The textile maker reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Steven Madden had a return on equity of 13.60% and a net margin of 1.76%.The company had revenue of $753.70 million during the quarter, compared to analyst estimates of $758.53 million. During the same period in the previous year, the company earned $0.55 earnings per share. The company’s quarterly revenue was up 29.6% compared to the same quarter last year. Research analysts predict that Steven Madden will post 2.66 earnings per share for the current year.

Institutional Trading of Steven Madden

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake 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 valued at $277,342,000 after acquiring an additional 200,013 shares during the last quarter. Wellington Management Group LLP grew its position in Steven Madden by 18.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock worth $115,613,000 after acquiring an additional 528,829 shares during the last quarter. Invesco Ltd. increased its holdings in Steven Madden by 15.2% during the 4th quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock valued at $115,965,000 after purchasing an additional 367,459 shares in the last quarter. Capital Research Global Investors raised 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 purchasing an additional 334,058 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised 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 purchasing an additional 41,947 shares during the last quarter. 99.88% of the stock is owned by institutional investors.

More Steven Madden News

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

• Positive Sentiment: Q4 beat and revenue growth — SHOO reported adjusted EPS of $0.48 (vs. $0.46 consensus) and revenue of $753.7M, up ~29.6% y/y largely due to the Kurt Geiger acquisition, which supports near-term top-line momentum. Steve Madden Announces Fourth Quarter and Full-Year 2025 Results
• Positive Sentiment: Analyst bullishness — BTIG Research and Telsey Advisory reaffirmed buy/outperform ratings with $50 price targets, signaling continued analyst confidence and upside versus current levels. Benzinga
• Positive Sentiment: Dividend declared — The board approved a $0.21 quarterly dividend (ex-div March 11), supporting income-focused investors and reducing downside risk from yield-seeking flows.
• Positive Sentiment: Short interest fell sharply — Short interest dropped ~24.2% in February, lowering potential bearish pressure and the risk of further short-driven volatility.
• Neutral Sentiment: Mixed analyst repositioning — Needham cut its price target from $50 to $41 but maintained a buy rating, a cautious move that tempers the more bullish $50 targets. Steven Madden Given New $41.00 Price Target at Needham
• Neutral Sentiment: FY26 revenue outlook provided — Management laid out a revenue range (~$2.7B–$2.8B), giving some guidance on scale but stopping short of profit guidance due to external risks. Steve Madden Announces Fourth Quarter and Full-Year 2025 Results
• Negative Sentiment: Tariff risk and withheld profit guidance — Management withheld FY26 profit guidance and cited lingering tariff uncertainty, which weighed on near-term earnings visibility and investor confidence. Steven Madden withholds FY26 profit guidance on lingering tariff risks
• Negative Sentiment: Revenue slightly below street — Q4 revenue came in just under some analyst estimates, a reminder that margin pressure and macro/headline risks (tariffs) could dampen earnings recovery despite top-line gains. Steven Madden Q4 results

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.