Walmart Inc. (WMT)
NYSE: WMT · Real-Time Price · USD
81.70
-1.05 (-1.27%)
At close: Oct 29, 2024, 4:00 PM
81.74
+0.04 (0.05%)
After-hours: Oct 29, 2024, 6:37 PM EDT
Walmart Stock Forecast
Stock Price Forecast
The 33 analysts with 12-month price forecasts for Walmart stock have an average target of 83.68, with a low estimate of 63.33 and a high estimate of 98. The average target predicts an increase of 2.42% from the current stock price of 81.70.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Walmart stock from 33 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 12 | 12 | 14 | 14 |
| Buy | 14 | 16 | 17 | 17 | 17 | 18 |
| Hold | 4 | 3 | 3 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 29 | 30 | 32 | 31 | 32 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $81 → $90 | Strong Buy | Maintains | $81 → $90 | +10.16% | Oct 28, 2024 |
| Keybanc | Keybanc | Buy Maintains $86 → $87 | Buy | Maintains | $86 → $87 | +6.49% | Oct 28, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $82 → $85 | Buy | Maintains | $82 → $85 | +4.04% | Oct 22, 2024 |
| Bernstein | Bernstein | Buy Initiates $95 | Buy | Initiates | $95 | +16.28% | Oct 22, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $81 → $90 | Buy | Maintains | $81 → $90 | +10.16% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
685.15B
from 648.13B
Increased by 5.71%
Revenue Next Year
713.52B
from 685.15B
Increased by 4.14%
EPS This Year
2.47
from 1.91
Increased by 29.38%
EPS Next Year
2.75
from 2.47
Increased by 11.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 715.3B | 749.2B | 782.7B | ||
| Avg | 685.1B | 713.5B | 739.4B | ||
| Low | 661.3B | 684.3B | 686.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 9.3% | 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 | 3.07 | ||
| Low | 2.35 | 2.55 | 2.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.8% | 22.8% | 24.7% | ||
| Avg | 29.4% | 11.1% | 11.7% | ||
| Low | 22.9% | 3.1% | -0.1% |
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.