Walmart Inc. (WMT)
NYSE: WMT · Real-Time Price · USD
79.92
-1.48 (-1.82%)
At close: Sep 26, 2024, 4:00 PM
79.65
-0.27 (-0.34%)
After-hours: Sep 26, 2024, 6:41 PM EDT
Walmart Stock Forecast
Stock Price Forecast
The 32 analysts with 12-month price forecasts for Walmart stock have an average target of 80.26, with a low estimate of 63.33 and a high estimate of 95. The average target predicts an increase of 0.43% from the current stock price of 79.92.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Walmart stock from 32 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 11 | 11 | 12 | 12 | 14 |
| Buy | 15 | 14 | 16 | 17 | 17 | 17 |
| Hold | 4 | 4 | 3 | 3 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 29 | 29 | 30 | 32 | 31 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $76 → $89 | Hold → Strong Buy | Upgrades | $76 → $89 | +11.36% | Sep 24, 2024 |
| Melius Research | Melius Research | Strong Buy Initiates $95 | Strong Buy | Initiates | $95 | +18.87% | Sep 23, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $81 → $88 | Buy | Maintains | $81 → $88 | +10.11% | Sep 23, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $85 → $90 | Strong Buy | Maintains | $85 → $90 | +12.61% | Sep 4, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $78 → $80 | Buy | Maintains | $78 → $80 | +0.10% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
685.10B
from 648.13B
Increased by 5.71%
Revenue Next Year
713.49B
from 685.10B
Increased by 4.14%
EPS This Year
2.47
from 1.91
Increased by 29.48%
EPS Next Year
2.75
from 2.47
Increased by 11.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 715.3B | 749.2B | 782.7B | ||
| Avg | 685.1B | 713.5B | 739.0B | ||
| Low | 661.3B | 684.3B | 686.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 9.4% | 9.7% | ||
| Avg | 5.7% | 4.1% | 3.6% | ||
| Low | 2.0% | -0.1% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.71 | 3.04 | 3.42 | ||
| Avg | 2.47 | 2.75 | 3.06 | ||
| Low | 2.35 | 2.55 | 2.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.8% | 22.7% | 24.6% | ||
| Avg | 29.5% | 11.1% | 11.4% | ||
| Low | 23.1% | 3.0% | -10.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.