Steven Madden Stock Gains on 19.1% Revenue Growth and Q2 Earnings Beat

Key Facts

1Steven Madden reported Q2 revenue of $665.87 million, representing a 19.10% year-over-year increase.

2Earnings per share reached $0.44, beating analyst estimates and prompting firms like Citigroup to raise price targets.

Steven Madden reported Q2 revenue of $665.87 million, representing a 19.10% year-over-year increase, according to AD HOC NEWS. Earnings per share reached $0.44, beating the consensus estimate of $0.33, which led financial institutions to upwardly revise their outlook for the company.

Citigroup raised its price target for SHOO stock from $45.00 to $55.00 on July 31, 2026, while UBS adjusted its target from $40.00 to $45.00. SHOO closed at $45.14 on September 29, 2026, while Citigroup, trading under the ticker C, closed at $130.8 on the same date.