Walmart Inc. (WMT)
NYSE: WMT · IEX Real-Time Price · USD
68.07
+0.59 (0.87%)
At close: Jul 2, 2024, 4:00 PM
68.04
-0.03 (-0.04%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Walmart Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Walmart stock have an average target of 71.3, with a low estimate of 55 and a high estimate of 81. The average target predicts an increase of 4.75% from the current stock price of 68.07.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Walmart stock from 31 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 11 | 11 | 12 |
| Buy | 15 | 15 | 15 | 14 | 16 | 16 |
| Hold | 5 | 5 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 30 | 29 | 29 | 30 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $69 → $71 | Hold | Maintains | $69 → $71 | +4.30% | Jul 2, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $71 → $77 | Strong Buy | Maintains | $71 → $77 | +13.12% | Jul 1, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $72 → $73 | Buy | Maintains | $72 → $73 | +7.24% | Jun 20, 2024 |
| HSBC | HSBC | Strong Buy Maintains $70 → $81 | Strong Buy | Maintains | $70 → $81 | +19.00% | Jun 11, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $75 → $77 | Strong Buy | Maintains | $75 → $77 | +13.12% | Jun 10, 2024 |
Financial Forecast
Revenue This Year
683.53B
from 648.13B
Increased by 5.46%
Revenue Next Year
710.86B
from 683.53B
Increased by 4.00%
EPS This Year
2.46
from 1.91
Increased by 28.61%
EPS Next Year
2.70
from 2.46
Increased by 10.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 714.8B | 750.4B | 782.9B | 813.1B | 853.3B |
| Avg | 683.5B | 710.9B | 741.1B | 771.6B | 807.7B |
| Low | 658.4B | 674.8B | 711.0B | 739.5B | 772.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.3% | 9.8% | 10.1% | 9.7% | 10.6% |
| Avg | 5.5% | 4.0% | 4.3% | 4.1% | 4.7% |
| Low | 1.6% | -1.3% | 0.0% | -0.2% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.70 | 3.00 | 3.39 | 3.43 | 3.80 |
| Avg | 2.46 | 2.70 | 3.02 | 3.24 | 3.60 |
| Low | 2.32 | 2.50 | 2.74 | 3.00 | 3.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.3% | 22.2% | 25.5% | 13.8% | 17.3% |
| Avg | 28.6% | 10.0% | 11.6% | 7.4% | 11.1% |
| Low | 21.6% | 1.7% | 1.5% | -0.6% | 5.9% |
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.