Walmart Inc. (WMT)
NYSE: WMT · IEX Real-Time Price · USD
69.80
-0.61 (-0.87%)
At close: Jul 11, 2024, 4:00 PM
70.03
+0.23 (0.33%)
Pre-market: Jul 12, 2024, 6:07 AM EDT

Walmart Stock Forecast

Stock Price Forecast

The 31 analysts with 12-month price forecasts for Walmart stock have an average target of 71.61, with a low estimate of 55 and a high estimate of 81. The average target predicts an increase of 2.59% from the current stock price of 69.80.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $55 $71.61 $73 $81
Change -21.20% +2.59% +4.58% +16.05%

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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 101010111112
Buy 151515141617
Hold 554433
Sell 000000
Strong Sell 000000
Total 303029293032

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Initiates
$81
Buy Initiates $81 +16.05% Jul 10, 2024
Stifel
Stifel
Hold
Maintains
$69$71
Hold Maintains $69$71 +1.72% Jul 2, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$71$77
Strong Buy Maintains $71$77 +10.32% Jul 1, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$72$73
Buy Maintains $72$73 +4.58% Jun 20, 2024
HSBC
HSBC
Strong Buy
Maintains
$70$81
Strong Buy Maintains $70$81 +16.05% Jun 11, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
523.96B559.15B572.75B611.29B648.13B683.53B710.86B741.12B771.62B807.73B
Revenue Growth
1.86%6.72%2.43%6.73%6.03%5.46%4.00%4.26%4.11%4.68%
EPS
1.731.581.621.421.912.462.703.023.243.60
EPS Growth
129.75%-8.50%2.34%-12.35%34.51%28.61%10.02%11.60%7.40%11.09%
Forward PE
-----28.4125.8323.1421.5519.39
No. Analysts -----38381554
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.