Walmart Inc

Walmart Inc Stock Forecast & Price Prediction

Live Walmart Inc Stock (WMT) Price
$83.44

32

Ratings

  • Buy 15
  • Hold 15
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$83.44

P/E Ratio

42.94

Volume Traded Today

$20.0M

Dividend

$0.2075

52 Week High/low

85.00/49.85

Walmart Inc Market Cap

$662.75B

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WMT Summary

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.

WMT Analyst Ratings

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.

WMT stock forecast by analyst

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

WMT Company Information

What They Do: Operates retail and eCommerce globally.

Business Model: The company generates revenue through a diverse range of retail operations including supercenters, supermarkets, and eCommerce platforms. It sells groceries, consumables, health and wellness products, apparel, and consumer electronics, along with offering financial services such as money transfers and bill payments.

Other Information: Walmart operates under several brands and formats, including Walmart U.S., Walmart International, and Sam's Club. It also provides digital payment platforms and markets private label merchandise. Established in 1945 and headquartered in Bentonville, Arkansas, Walmart is a well-known name in the retail industry.

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

Walmart Inc (WMT) Financial Data

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

N/A

Revenue From 2021

$559.15B

0.00 %
From Previous Year

Revenue From 2022

$572.75B

2.43 %
From Previous Year

Revenue From 2023

$611.29B

6.73 %
From Previous Year
  • Revenue TTM $665.04B
  • Operating Margin TTM 4.7%
  • Gross profit TTM $157.98B
  • Return on assets TTM 7.0%
  • Return on equity TTM 18.5%
  • Profit Margin 2.3%
  • Book Value Per Share 10.51%
  • Market capitalisation $662.75B
  • Revenue for 2021 $559.15B
  • Revenue for 2022 $572.75B
  • Revenue for 2023 $611.29B
  • EPS this year (TTM) $1.92

Walmart Inc (WMT) Latest News

News Image

Sun, 03 Nov 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

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.

News Image

Sat, 02 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - NYTimes

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.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - PYMNTS

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.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Schaeffers Research

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.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

WMT Frequently asked questions

The highest forecasted price for WMT is $98 from Borja Olcese at JP Morgan.

The lowest forecasted price for WMT is $76 from from Jefferies

The WMT analyst ratings consensus are 15 buy ratings, 15 hold ratings, and 2 sell ratings.