Walmart Inc. (WMT)
NYSE: WMT · Real-Time Price · USD
88.11
+0.93 (1.07%)
Nov 21, 2024, 10:43 AM EST - Market open
Walmart Stock Forecast
Stock Price Forecast
The 32 analysts with 12-month price forecasts for Walmart stock have an average target of 92, with a low estimate of 70 and a high estimate of 105. The average target predicts an increase of 4.41% from the current stock price of 88.11.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 12 | 12 | 14 | 14 | 14 |
| Buy | 16 | 17 | 17 | 17 | 18 | 17 |
| Hold | 3 | 3 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 32 | 31 | 32 | 33 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $85 → $89 | Hold | Maintains | $85 → $89 | +1.01% | Nov 20, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $81 → $97 | Strong Buy | Maintains | $81 → $97 | +10.09% | Nov 20, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $89 → $100 | Buy | Maintains | $89 → $100 | +13.49% | Nov 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $95 → $105 | Strong Buy | Maintains | $95 → $105 | +19.17% | Nov 20, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $89 → $98 | Strong Buy | Maintains | $89 → $98 | +11.22% | Nov 20, 2024 |
Financial Forecast
Revenue This Year
685.06B
from 648.13B
Increased by 5.70%
Revenue Next Year
713.28B
from 685.06B
Increased by 4.12%
EPS This Year
2.47
from 1.91
Increased by 29.41%
EPS Next Year
2.75
from 2.47
Increased by 11.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 715.3B | 749.2B | 782.7B | ||
| Avg | 685.1B | 713.3B | 741.1B | ||
| Low | 660.6B | 685.7B | 696.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 9.4% | 9.7% | ||
| Avg | 5.7% | 4.1% | 3.9% | ||
| Low | 1.9% | 0.1% | -2.3% |
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 | 2.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.8% | 22.8% | 24.6% | ||
| Avg | 29.4% | 11.2% | 11.3% | ||
| 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.