Why The Macerich Company (MAC) stock moved
The Macerich Company (MAC) shares tumbled 7.4% to $23.50 as of August 7, 2026, a significant decline from the prior close of $25.39. BestStocks flagged the session as a major change for MAC. The move is tied to price move down. Below, we break down what changed for MAC, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
MAC fell 7.4% to $23.50
MAC tumbled 7.4% in its latest session, moving from $25.39 to $23.50.
What it means for The Macerich Company investors
For The Macerich Company investors, the recent signals add up to a bearish shift. On the constructive side: The Macerich Company (MAC) moved +0.35% from $25.83 to $25.92 on 2026-07-17; The Macerich Company (MAC) moved +2.62% from $25.17 to $25.83 on July 16, 2026. Weighing against that: Material negative event; Sharp 7.4% decline — elevated risk. Wall Street's consensus price target sits at $25.50, implying +8.5% upside from $23.50. Over the past 90 days analysts logged 3 upgrades and 1 downgrade. BestStocks rates the overall signal quality medium (75/100). With earnings roughly 88 days out, the next report is the most likely near-term test of the move.
MAC price reaction
MAC last traded at $23.50, down $1.89 (-7.44%) from the previous close of $25.39. The session traded on 4.0× average volume (extreme), so the move carried above-average conviction. Over the past month the stock has ranged between $23.49 and $26.51, and it currently sits about 0% of the way up that band.
Bullish and bearish analyst opinions on The Macerich Company (MAC)
The consensus analyst price target on The Macerich Company (MAC) is $25.50, 8.5% above the recent $23.50. Over the past 90 days analysts logged 3 upgrades, 11 maintains, and 1 downgrade. Here is how the bullish and bearish cases on MAC line up.
The bullish case
- Wall Street's consensus price target of $25.50 implies +8.5% upside from $23.50.
- The Street's most bullish target is $28.00 (+19.1%).
- 3 analyst upgrades in the past 90 days, most recently Citigroup to Buy (2026-06-24).
- The Macerich Company (MAC) moved +0.35% from $25.83 to $25.92 on 2026-07-17.
The bearish case
- The most bearish analyst target is $19.00 (-19.1%).
- 1 analyst downgrade in the past 90 days, most recently Compass Point to Neutral (2026-06-26).
- Material negative event.
- Sharp 7.4% decline — elevated risk.
- High volume 4.0x on decline — distribution signal.
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 6, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for MAC
Frequently asked questions about MAC
Why did The Macerich Company (MAC) stock move?
MAC tumbled 7.4% to $23.50. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did MAC stock fall?
MAC lost 7.44% ($1.89) versus the prior close of $25.39, last trading at $23.50 on 4.0× average volume.
When is The Macerich Company's next earnings date?
MAC's next earnings report is estimated for 2026-11-03 — about 88 days away.
What is the analyst price target for MAC?
The consensus analyst price target for MAC is $25.50, about 8.5% above the current $23.50. Over the past 90 days, analysts recorded 3 upgrades, 11 maintains, and 1 downgrade.
How BestStocks tracks MAC
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 10 tracked change events for MAC, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 7, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.