Should You Buy Steven Madden Ltd (SHOO) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Steven Madden Ltd (SHOO) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 to invest. The stock is supported by favorable analyst ratings, positive long-term catalysts such as the Kurt Geiger acquisition, and a strong position in the fashion sector. While recent financial performance shows a decline in net income and EPS, the company is poised for recovery in 2026 and beyond, making it a solid long-term investment opportunity.
Technical Analysis
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), indicating an upward trend. However, the MACD is negative and expanding downward, suggesting short-term weakness. RSI is neutral at 58.256, and the stock is trading near its pivot level of 45.193, with key resistance at 46.306 and support at 44.08.