Jefferies Upgrades Steven Madden to Hold from Underperform
Jefferies has upgraded the rating for Steven Madden, Ltd. from Underperform to Hold, setting a price target of $36.
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Filed: 2026-11-05 AccNo: 0001493152-26-050053 Size: 396 KB Item 2.02: Results of Operations and Financial Condition Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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Jefferies has upgraded the rating for Steven Madden, Ltd. from Underperform to Hold, setting a price target of $36.
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Steven Madden, Ltd. reported third-quarter 2026 revenue of $772.6 million and adjusted earnings per share of $0.79, while raising its full-year adjusted profit outlook.
Steven Madden (NASDAQ:SHOO) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs.
UBS Securities analysts project that Steven Madden, Ltd. will exceed third-quarter earnings expectations and increase its full-year financial guidance.
Investment firm BTIG has reaffirmed its 'Buy' rating and $55 price target for Steven Madden, Ltd.