Walmart (WMT) Stock Forecast, Price Target & Predictions
WMT Stock Forecast
Walmart stock forecast is as follows: an average price target of $106.93 (represents a 29.69% upside from WMT’s last price of $82.45) and a rating consensus of 'Buy', based on 32 wall street analysts offering a 1-year stock forecast.
WMT Price Target
The average price target for Walmart (WMT) is $106.93 based on 1-year price targets from 32 Wall Street analysts in the past 3 months, with a price target range of $190.00 to $28.00. This represents a potential 29.69% upside from WMT's last price of $82.45.
WMT Analyst Ratings
According to 32 Wall Street analysts, Walmart's rating consensus is 'Buy'. The analyst rating breakdown for WMT stock is 0 'Strong Buy' (0.00%), 29 'Buy' (90.63%), 3 'Hold' (9.38%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Walmart Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Bradley Thomas | KeyBanc | $87.00 | $82.91 | 4.94% | 5.52% |
| Oct 14, 2024 | Rupesh Parikh | Oppenheimer | $90.00 | $80.04 | 12.44% | 9.16% |
| Oct 14, 2024 | Bradley Thomas | KeyBanc | $86.00 | $80.04 | 7.44% | 4.31% |
| Oct 10, 2024 | Robert Ohmes | Bank of America Securities | $95.00 | $79.59 | 19.35% | 15.22% |
| Sep 24, 2024 | Scot Ciccarelli | Truist Financial | $89.00 | $80.33 | 10.79% | 7.94% |
| Sep 23, 2024 | Karen Short | Melius Research | $95.00 | $80.25 | 18.38% | 15.22% |
| Sep 04, 2024 | Corey Tarlowe | Jefferies | $90.00 | $77.01 | 16.87% | 9.16% |
| Aug 20, 2024 | Joseph Feldman | Telsey Advisory | $190.00 | $74.54 | 154.90% | 130.44% |
| Aug 16, 2024 | Michael Baker | D.A. Davidson | $85.00 | $73.47 | 15.69% | 3.09% |
| Aug 16, 2024 | Bradley Thomas | KeyBanc | $82.00 | $73.32 | 11.84% | -0.55% |
The latest Walmart stock forecast, released on Oct 28, 2024 by Bradley Thomas from KeyBanc, set a price target of $87.00, which represents a 4.94% increase from the stock price at the time of the forecast ($82.91), and a 5.52% increase from WMT last price ($82.45).
Walmart Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 19 | 55 |
| Avg Price Target | $89.50 | $89.00 | $90.33 |
| Last Closing Price | $82.45 | $82.45 | $82.45 |
| Upside/Downside | 8.55% | 7.94% | 9.56% |
In the current month, the average price target of Walmart stock is $89.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 8.55% increase as opposed to Walmart's last price of $82.45. This month's average price target is up 0.56% compared to last quarter, and down -0.92% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 28, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 28, 2024 | Guggenheim | Buy | Buy | Hold |
| Oct 21, 2024 | Bernstein | Market Perform | Outperform | Initialise |
| Oct 15, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 14, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 14, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Oct 11, 2024 | UBS | Buy | Buy | Hold |
| Oct 08, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| Sep 27, 2024 | Citigroup | Buy | Buy | Hold |
Walmart's last stock rating was published by Wells Fargo on Oct 31, 2024. The company gave WMT a "Overweight" rating, the same as its previous rate.
Walmart Financial Forecast
Walmart Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $173.39B | $160.80B | $161.63B | - | $164.05B | $152.81B | $152.86B | - | $152.87B | $140.53B | $141.05B | - | $152.08B | $134.71B | $137.74B | - | $141.67B | $127.99B |
| Avg Forecast | $193.48B | $190.91B | $188.39B | $185.89B | $187.92B | $174.79B | $176.43B | $167.26B | $180.07B | $167.54B | $168.56B | $159.57B | $170.85B | $159.65B | $160.22B | $148.94B | $159.76B | $147.67B | $150.99B | $138.80B | $151.72B | $135.43B | $137.02B | $132.16B | $148.49B | $132.12B | $135.57B | $132.69B | $142.54B | $128.59B |
| High Forecast | $195.38B | $192.79B | $190.24B | $187.72B | $189.77B | $176.51B | $178.17B | $168.90B | $181.70B | $168.25B | $168.56B | $159.57B | $172.53B | $161.90B | $161.80B | $150.40B | $161.33B | $149.19B | $152.55B | $140.23B | $153.28B | $136.82B | $138.43B | $133.51B | $150.02B | $133.48B | $136.96B | $134.05B | $144.00B | $129.92B |
| Low Forecast | $190.87B | $188.34B | $185.85B | $183.39B | $185.39B | $172.44B | $174.05B | $165.00B | $177.81B | $165.96B | $168.56B | $159.57B | $168.55B | $157.74B | $158.07B | $146.93B | $157.61B | $145.87B | $149.15B | $137.11B | $149.87B | $133.77B | $135.34B | $130.54B | $146.68B | $130.51B | $133.91B | $131.07B | $140.80B | $127.02B |
| # Analysts | 18 | 9 | 9 | 9 | 12 | 12 | 16 | 8 | 19 | 19 | 11 | 15 | 14 | 26 | 13 | 13 | 24 | 23 | 12 | 21 | 12 | 13 | 20 | 13 | 18 | 9 | 9 | 10 | 14 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.01% | - | 1.03% | 1.03% | 1.01% | - | 1.01% | 1.04% | 1.03% | - | 1.02% | 1.02% | 1.02% | - | 0.99% | 1.00% |
Walmart's average Quarter revenue forecast for May 24 based on 15 analysts is $159.57B, with a low forecast of $159.57B, and a high forecast of $159.57B. WMT's average Quarter revenue forecast represents a -7.97% decrease compared to the company's last Quarter revenue of $173.39B (Jan 24).
Walmart EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 9 | 9 | 9 | 12 | 12 | 16 | 8 | 19 | 19 | 11 | 15 | 14 | 26 | 13 | 13 | 24 | 23 | 12 | 21 | 12 | 13 | 20 | 13 | 18 | 9 | 9 | 10 | 14 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $10.37B | $4.58B | $14.27B | - | $12.32B | $1.91B | $9.82B | - | $7.84B | $7.26B | $8.99B | - | $2.67B | $10.36B | $12.11B | - | $9.00B | $7.70B |
| Avg Forecast | $11.35B | $11.20B | $11.05B | $10.90B | $11.02B | $10.25B | $10.35B | $9.81B | $10.56B | $9.83B | $9.89B | $9.30B | $10.02B | $9.37B | $9.40B | $8.46B | $7.70B | $8.66B | $8.86B | $7.69B | $8.90B | $7.94B | $8.04B | $2.88B | $8.71B | $7.75B | $7.95B | $9.38B | $8.36B | $7.54B |
| High Forecast | $11.46B | $11.31B | $11.16B | $11.01B | $11.13B | $10.35B | $10.45B | $9.91B | $10.66B | $9.87B | $9.89B | $11.16B | $10.12B | $9.50B | $9.49B | $10.15B | $9.24B | $8.75B | $8.95B | $9.22B | $8.99B | $8.03B | $8.12B | $3.45B | $8.80B | $7.83B | $8.03B | $11.25B | $8.45B | $7.62B |
| Low Forecast | $11.20B | $11.05B | $10.90B | $10.76B | $10.88B | $10.12B | $10.21B | $9.68B | $10.43B | $9.74B | $9.89B | $7.44B | $9.89B | $9.25B | $9.27B | $6.76B | $6.16B | $8.56B | $8.75B | $6.15B | $8.79B | $7.85B | $7.94B | $2.30B | $8.60B | $7.66B | $7.86B | $7.50B | $8.26B | $7.45B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.49% | 1.52% | - | 1.60% | 0.22% | 1.11% | - | 0.88% | 0.91% | 1.12% | - | 0.31% | 1.34% | 1.52% | - | 1.08% | 1.02% |
15 analysts predict WMT's average Quarter EBITDA for May 24 to be $9.30B, with a high of $11.16B and a low of $7.44B. This is -10.31% lower than Walmart's previous annual EBITDA (Jan 24) of $10.37B.
Walmart Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 9 | 9 | 9 | 12 | 12 | 16 | 8 | 19 | 19 | 11 | 15 | 14 | 26 | 13 | 13 | 24 | 23 | 12 | 21 | 12 | 13 | 20 | 13 | 18 | 9 | 9 | 10 | 14 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $5.49B | $453.00M | $7.89B | - | $6.28B | $-1.77B | $5.15B | - | $3.63B | $3.13B | $4.28B | - | $-2.09B | $5.13B | $6.48B | - | $4.14B | $3.29B |
| Avg Forecast | $6.34B | $5.31B | $6.43B | $5.64B | $5.90B | $4.92B | $5.94B | $5.21B | $5.27B | $4.26B | $5.22B | $4.22B | $4.42B | $4.10B | $4.60B | $3.84B | $3.29B | $3.56B | $4.36B | $3.49B | $4.03B | $3.77B | $4.24B | $-2.26B | $4.06B | $3.17B | $3.37B | $4.31B | $3.87B | $2.93B |
| High Forecast | $6.42B | $5.38B | $6.51B | $5.71B | $5.98B | $4.98B | $6.01B | $5.28B | $6.15B | $4.34B | $5.23B | $5.07B | $4.48B | $4.39B | $4.65B | $4.61B | $3.95B | $3.61B | $4.42B | $4.19B | $4.08B | $3.82B | $4.29B | $-1.81B | $4.11B | $3.22B | $3.42B | $5.18B | $3.92B | $2.97B |
| Low Forecast | $6.23B | $5.22B | $6.32B | $5.54B | $5.80B | $4.83B | $5.84B | $5.12B | $4.95B | $4.18B | $5.22B | $3.38B | $4.35B | $3.98B | $4.52B | $3.07B | $2.63B | $3.50B | $4.29B | $2.79B | $3.96B | $3.71B | $4.17B | $-2.71B | $3.99B | $3.12B | $3.32B | $3.45B | $3.81B | $2.89B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.11% | 1.72% | - | 1.91% | -0.50% | 1.18% | - | 0.90% | 0.83% | 1.01% | - | -0.52% | 1.62% | 1.92% | - | 1.07% | 1.12% |
Walmart's average Quarter net income forecast for May 24 is $4.22B, with a range of $3.38B to $5.07B. WMT's average Quarter net income forecast represents a -23.12% decrease compared to the company's last Quarter net income of $5.49B (Jan 24).
Walmart SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 9 | 9 | 9 | 12 | 12 | 16 | 8 | 19 | 19 | 11 | 15 | 14 | 26 | 13 | 13 | 24 | 23 | 12 | 21 | 12 | 13 | 20 | 13 | 18 | 9 | 9 | 10 | 14 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $34.31B | $33.42B | $32.47B | - | $33.06B | $34.51B | $30.17B | - | $31.46B | $29.71B | $28.51B | - | $31.33B | $28.59B | $28.99B | - | $28.60B | $27.37B |
| Avg Forecast | $39.91B | $39.38B | $38.86B | $38.34B | $38.76B | $36.06B | $36.39B | $34.50B | $37.14B | $34.56B | $34.77B | $37.31B | $35.24B | $32.93B | $33.05B | $33.92B | $31.51B | $30.46B | $31.15B | $30.83B | $31.30B | $27.93B | $28.26B | $33.82B | $30.63B | $27.25B | $27.96B | $29.79B | $29.40B | $26.53B |
| High Forecast | $40.30B | $39.77B | $39.24B | $38.72B | $39.14B | $36.41B | $36.75B | $34.84B | $37.48B | $34.71B | $34.77B | $44.77B | $35.59B | $33.40B | $33.37B | $40.70B | $37.82B | $30.77B | $31.47B | $37.00B | $31.62B | $28.22B | $28.55B | $40.59B | $30.95B | $27.53B | $28.25B | $35.75B | $29.70B | $26.80B |
| Low Forecast | $39.37B | $38.85B | $38.34B | $37.83B | $38.24B | $35.57B | $35.90B | $34.04B | $36.68B | $34.23B | $34.77B | $29.85B | $34.77B | $32.54B | $32.60B | $27.13B | $25.21B | $30.09B | $30.77B | $24.67B | $30.91B | $27.59B | $27.92B | $27.06B | $30.26B | $26.92B | $27.62B | $23.83B | $29.04B | $26.20B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.01% | 0.98% | - | 1.05% | 1.13% | 0.97% | - | 1.01% | 1.06% | 1.01% | - | 1.02% | 1.05% | 1.04% | - | 0.97% | 1.03% |
Walmart's average Quarter SG&A projection for May 24 is $37.31B, based on 15 Wall Street analysts, with a range of $29.85B to $44.77B. The forecast indicates a 8.74% rise compared to WMT last annual SG&A of $34.31B (Jan 24).
Walmart EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 9 | 9 | 9 | 12 | 12 | 16 | 8 | 19 | 19 | 11 | 15 | 14 | 26 | 13 | 13 | 24 | 23 | 12 | 21 | 12 | 13 | 20 | 13 | 18 | 9 | 9 | 10 | 14 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.68 | $0.17 | $2.93 | - | $2.33 | $-0.65 | $1.88 | - | $1.31 | $1.12 | $1.53 | - | $-0.74 | $1.81 | $2.29 | - | $1.46 | $1.16 |
| Avg Forecast | $0.78 | $0.66 | $0.80 | $0.70 | $0.73 | $0.61 | $0.73 | $0.64 | $0.65 | $0.53 | $0.65 | $0.52 | $0.55 | $0.51 | $0.57 | $0.44 | $0.51 | $0.44 | $0.54 | $0.49 | $0.50 | $0.47 | $0.52 | $0.40 | $0.50 | $0.39 | $0.42 | $0.37 | $0.48 | $0.36 |
| High Forecast | $0.79 | $0.67 | $0.81 | $0.71 | $0.74 | $0.62 | $0.74 | $0.65 | $0.76 | $0.54 | $0.65 | $0.52 | $0.55 | $0.54 | $0.58 | $0.45 | $0.51 | $0.45 | $0.55 | $0.50 | $0.51 | $0.47 | $0.53 | $0.41 | $0.51 | $0.40 | $0.42 | $0.38 | $0.48 | $0.37 |
| Low Forecast | $0.77 | $0.65 | $0.78 | $0.69 | $0.72 | $0.60 | $0.72 | $0.63 | $0.61 | $0.52 | $0.65 | $0.52 | $0.54 | $0.49 | $0.56 | $0.43 | $0.50 | $0.43 | $0.53 | $0.48 | $0.49 | $0.46 | $0.52 | $0.40 | $0.49 | $0.39 | $0.41 | $0.37 | $0.47 | $0.36 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.34% | 5.15% | - | 4.59% | -1.48% | 3.48% | - | 2.63% | 2.40% | 2.92% | - | -1.47% | 4.61% | 5.49% | - | 3.05% | 3.20% |
According to 15 Wall Street analysts, Walmart's projected average Quarter EPS for May 24 is $0.52, with a low estimate of $0.52 and a high estimate of $0.52. This represents a -22.83% decrease compared to WMT previous annual EPS of $0.68 (Jan 24).
Walmart Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BIG | Big Lots | $0.50 | $12.50 | 2400.00% | Hold |
| DG | Dollar General | $82.00 | $151.20 | 84.39% | Buy |
| DLTR | Dollar Tree | $66.81 | $115.86 | 73.42% | Buy |
| WMT | Walmart | $82.45 | $106.93 | 29.69% | Buy |
| TGT | Target | $149.99 | $178.12 | 18.75% | Buy |
| COST | Costco Wholesale | $886.07 | $797.65 | -9.98% | Buy |
| BJ | BJ's Wholesale Club | $86.75 | $72.53 | -16.39% | Hold |
WMT Forecast FAQ
Is Walmart a good buy?
Yes, according to 32 Wall Street analysts, Walmart (WMT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 29 'Buy' recommendations, accounting for 90.62% of WMT's total ratings.
What is WMT's price target?
Walmart (WMT) average price target is $106.93 with a range of $28 to $190, implying a 29.69% from its last price of $82.45. The data is based on 32 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Walmart stock go up soon?
According to Wall Street analysts' prediction for WMT stock, the company can go up by 29.69% (from the last price of $82.45 to the average price target of $106.93), up by 130.44% based on the highest stock price target, and down by -66.04% based on the lowest stock price target.
Can Walmart stock reach $120?
WMT's highest twelve months analyst stock price target of $190 supports the claim that Walmart can reach $120 in the near future.
What is Walmart's current price target trend?
4 Wall Street analysts forecast a $89.5 price target for Walmart (WMT) this month, up 8.55% from its last price of $82.45. Compared to the last 3 and 12 months, the average price target increased by 7.94% and increased by 9.56%, respectively.
What are Walmart's analysts' financial forecasts?
Walmart's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $706.41B (high $713.35B, low $696.89B), average EBITDA is $41.44B (high $41.85B, low $40.88B), average net income is $21.97B (high $22.25B, low $21.59B), average SG&A $145.71B (high $147.14B, low $143.75B), and average EPS is $2.72 (high $2.75, low $2.67). WMT's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $758.67B (high $766.13B, low $748.45B), average EBITDA is $44.51B (high $44.94B, low $43.91B), average net income is $23.73B (high $24.03B, low $23.31B), average SG&A $156.49B (high $158.03B, low $154.38B), and average EPS is $2.94 (high $2.97, low $2.88).
Did the WMT's actual financial results beat the analysts' financial forecasts?
Based on Walmart's last annual report (Jan 2024), the company's revenue was $648.12B, beating the average analysts forecast of $639.66B by 1.32%. Apple's EBITDA was $38.86B, beating the average prediction of $37.24B by 4.36%. The company's net income was $15.51B, missing the average estimation of $16.96B by -8.55%. Apple's SG&A was $130.97B, missing the average forecast of $135.14B by -3.08%. Lastly, the company's EPS was $1.91, missing the average prediction of $2.06 by -7.42%. In terms of the last quarterly report (Jan 2024), Walmart's revenue was $173.39B, beating the average analysts' forecast of $170.85B by 1.48%. The company's EBITDA was $10.37B, beating the average prediction of $10.02B by 3.48%. Walmart's net income was $5.49B, beating the average estimation of $4.42B by 24.17%. The company's SG&A was $34.31B, missing the average forecast of $35.24B by -2.65%. Lastly, the company's EPS was $0.68, beating the average prediction of $0.548 by 24.19%