M

Macy's (M) reported earnings 30 days ago. What's next for the stock?

The semiconductor rotation and memory stock profit taking puts investors in a bind trying to call the top.

Positive Pre-Feasibility Study Results for the Pilot Mountain Tungsten Project PFS Completion marks a critical step toward restoring domestically mined tungsten production in support of the U.S. defense industrial base and national security priorities At Base Case, Study Shows After-Tax NPV of US$660.3M and IRR of 59.6% LONDON, UK / ACCESS Newswire / June 30, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic exploration company focused on tungsten in Nevada, USA, is pleased to announce the results of the Pre-Feasibility Study ("PFS" or the "Study") for the Pilot Mountain tungsten project ("Pilot Mountain" or the "Project"). The completion of the PFS marks a critical step in the Company's path towards the potential development of the first new United States ("U.S.") based tungsten mining operation in over a decade.

M leans on AI, digital upgrades and fulfillment improvements to strengthen omnichannel growth as online sales become a bigger share of the business.

Berkshire Hathaway (NYSE:BRK.B | BRK.B Price Prediction) disclosed a brand-new 3.04 million-share stake in Macy's (NYSE:M) in its Q1 2026 13F filing, revealed on May 15, 2026, the first quarterly portfolio reshuffle under

M gains traction with its Bold New Chapter strategy as comparable sales rise, luxury banners shine and digital growth improves execution.

M rallied, but low valuation, luxury growth and rising high-margin revenue face tests from margin pressure, closures and demand risks.

M is leaning into luxury, AI and omnichannel retail as it works to turn operational upgrades into lasting sales growth and efficiency gains.

Macy's has defied sector pessimism, delivering >100% stock gains in twelve months and reaching new multiyear highs after a strong Q1 beat-and-raise. I reiterate my buy rating, citing continued upside driven by resilient sales to higher-income consumers, operational rigor, and new growth avenues. M remains attractively valued at 11.4x FY26 P/E and 10.3x FY27 P/E, trading below peers like Kohl's despite stronger sales momentum.

“We are in discussions with Macy's, no question about it,” said Ed Hart, chief executive of Kaufman Organization, which owns the building on which the four-story Macy's billboard has been perched for more than 60 years.