From what 32 stock analysts predict, the share price for Walmart Inc (WMT) might increase by 3.09% in the next year. This is based on a 12-month average estimation for WMT. Price targets go from $76 to $98. The majority of stock analysts believe WMT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 32 Wall Street analysts have assigned WMT 15 buy ratings, 15 hold ratings, and 2 sell ratings. This means that analysts expect Walmart Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on WMT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of WMT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Edward Kelly Wells Fargo | Overweight | $90 | Maintains | Oct 31, 2024 |
Bradley Thomas Keybanc | Overweight | $87 | Maintains | Oct 28, 2024 |
Robert Drbul Guggenheim | Buy | $90 | Maintains | Oct 28, 2024 |
Dean Rosenblum Bernstein | Outperform | $95 | Initiates | Oct 22, 2024 |
Greg Melich Evercore ISI Group | Outperform | $85 | Maintains | Oct 22, 2024 |
Bradley Thomas Keybanc | Overweight | $86 | Maintains | Oct 14, 2024 |
Rupesh Parikh Oppenheimer | Outperform | $90 | Maintains | Oct 14, 2024 |
Michael Lasser UBS | Buy | $92 | Maintains | Oct 11, 2024 |
Joe Feldman Telsey Advisory Group | Outperform | $92 | Maintains | Oct 8, 2024 |
Peter Benedict Baird | Outperform | $90 | Maintains | Sep 30, 2024 |
Paul Lejuez Citigroup | Buy | $98 | Maintains | Sep 27, 2024 |
Scot Ciccarelli Truist Securities | Buy | $89 | Upgrade | Sep 24, 2024 |
Edward Kelly Wells Fargo | Overweight | $88 | Maintains | Sep 23, 2024 |
Karen Short Melius Research | Buy | $95 | Initiates | Sep 23, 2024 |
Corey Tarlowe Jefferies | Buy | $90 | Maintains | Sep 4, 2024 |
Greg Melich Evercore ISI Group | Outperform | $80 | Maintains | Aug 22, 2024 |
Krisztina Katai Deutsche Bank | Buy | $83 | Maintains | Aug 16, 2024 |
Kelly Bania BMO Capital | Outperform | $80 | Maintains | Aug 16, 2024 |
Christopher Horvers JP Morgan | Overweight | $83 | Maintains | Aug 16, 2024 |
Oliver Chen TD Cowen | Buy | $85 | Maintains | Aug 16, 2024 |
When did it IPO
1972
Staff Count
2,100,000
Country
United States
Sector/Industry
Consumer Defensive/Discount Stores
CEO
Mr. C. Douglas McMillon
Market Cap
$662.75B
In 2023, WMT generated $611.29B in revenue, which was a increase of 6.73% from the previous year. This can be seen as a signal that WMT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Walmart (NYSE: WMT) shares have risen 56% in 2023, outperforming the S&P 500's 23%. The company anticipates a strong end to the year.
Why It Matters - Walmart's 56% share price increase, outperforming the S&P 500, signals strong investor confidence and robust performance expectations, highlighting its competitive position in retail.
Summary - Federal debt to GDP has risen due to pandemic impacts. Big Tech benefits from higher Fed Funds Rates through cash yields, while real estate's outperformance has declined since mid-September.
Why It Matters - Rising Fed Funds Rates favor Big Tech's cash yields, potentially boosting profits. Conversely, real estate's decline may signal risks for investors in that sector.
Summary - Retailers are preparing for an extended shopping season by gathering thousands of employees in Florida for a training event.
Why It Matters - The influx of employees for a longer shopping season signals strong retail expectations, potentially boosting sales and impacting stock performance of retail companies.
Summary - Walmart is enhancing its AI capabilities for the holiday season, introducing features like personalized shopping suggestions to improve consumer experience.
Why It Matters - Walmart's emphasis on AI for personalized shopping could enhance customer experience and drive sales during the holiday season, positively impacting revenue and stock performance.
Summary - Schaeffer's Weekend Trader provided subscribers with a commentary on Walmart (WMT) and a detailed options trade recommendation, including entry and exit parameters.
Why It Matters - The WMT commentary and options trade recommendation could indicate potential market movements, influencing trading strategies and stock performance for Walmart.
Summary - Walmart (WMT) is gaining attention from Zacks.com users, highlighting factors that may influence its stock performance. Investors should stay informed on these developments.
Why It Matters - Increased attention from Zacks.com users may signal heightened investor interest or sentiment, potentially influencing Walmart's stock price and trading volume.