Walmart (WMT) Stock Forecast, Price Target & Predictions

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WMT Stock Forecast

Walmart stock forecast is as follows: an average price target of $107.98 (represents a 23.86% upside from WMT’s last price of $87.18) 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 $107.98 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 23.86% upside from WMT's last price of $87.18.

WMT Analyst Ratings

Buy

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
Nov 19, 2024	Scot Ciccarelli	Truist Financial	$98.00	$67.95	44.22%	12.41%
Nov 19, 2024	Arun Sundaram	CFRA	$96.00	$67.95	41.28%	10.12%
Nov 18, 2024	Peter Keith	Piper Sandler	$93.00	$84.33	10.28%	6.68%
Oct 28, 2024	Bradley Thomas	KeyBanc	$87.00	$82.91	4.94%	-0.21%
Oct 14, 2024	Rupesh Parikh	Oppenheimer	$90.00	$80.04	12.44%	3.23%
Oct 14, 2024	Bradley Thomas	KeyBanc	$86.00	$80.04	7.44%	-1.35%
Oct 10, 2024	Robert Ohmes	Bank of America Securities	$95.00	$79.59	19.35%	8.97%
Sep 24, 2024	Scot Ciccarelli	Truist Financial	$89.00	$80.33	10.79%	2.09%
Sep 23, 2024	Karen Short	Melius Research	$95.00	$80.25	18.38%	8.97%
Sep 04, 2024	Corey Tarlowe	Jefferies	$90.00	$77.01	16.87%	3.23%

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The latest Walmart stock forecast, released on Nov 19, 2024 by Scot Ciccarelli from Truist Financial, set a price target of $98.00, which represents a 44.22% increase from the stock price at the time of the forecast ($67.95), and a 12.41% increase from WMT last price ($87.18).

Walmart Price Target by Period

	1M	3M	12M
# Anlaysts	4	10	55
Avg Price Target	$93.50	$91.90	$84.94
Last Closing Price	$87.18	$87.18	$87.18
Upside/Downside	7.25%	5.41%	-2.57%

In the current month, the average price target of Walmart stock is $93.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 7.25% increase as opposed to Walmart's last price of $87.18. This month's average price target is up 1.74% compared to last quarter, and up 10.08% 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

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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	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 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	$152.30B	$164.05B	$152.81B	$152.86B	-	$152.87B	$140.53B	$141.05B	-	$152.08B	$134.71B	$137.74B	-	$141.67B	$127.99B
Avg Forecast	$197.56B	$184.45B	$184.17B	$175.15B	$187.50B	$175.28B	$176.11B	$166.75B	$179.73B	$167.69B	$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	$199.52B	$186.28B	$186.00B	$176.89B	$189.36B	$177.02B	$177.86B	$168.41B	$182.01B	$168.93B	$168.56B	$159.57B	$172.55B	$161.90B	$161.82B	$150.41B	$161.35B	$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	$194.50B	$181.60B	$181.32B	$172.44B	$184.60B	$172.57B	$173.39B	$164.17B	$176.79B	$166.60B	$168.56B	$159.57B	$168.21B	$157.74B	$157.74B	$146.63B	$157.29B	$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	7	7	7	7	7	10	10	9	15	16	11	13	15	26	13	13	25	23	12	21	12	13	20	13	18	9	9	10	14	14
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	1.01%	1.01%	1.02%	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 Apr 24 based on 13 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	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 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	7	7	7	7	7	10	10	9	15	16	11	13	15	26	13	13	25	23	12	21	12	13	20	13	18	9	9	10	14	14
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$10.37B	$4.58B	$14.27B	$6.20B	$12.32B	$1.91B	$9.82B	-	$7.84B	$7.26B	$8.99B	-	$2.67B	$10.36B	$12.11B	-	$9.00B	$7.70B
Avg Forecast	$11.79B	$11.00B	$10.99B	$10.45B	$11.19B	$10.46B	$10.51B	$9.95B	$10.72B	$10.00B	$10.06B	$9.30B	$10.19B	$9.52B	$9.56B	$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	$11.90B	$11.11B	$11.10B	$10.55B	$11.30B	$10.56B	$10.61B	$10.05B	$10.86B	$10.08B	$10.06B	$11.16B	$10.29B	$9.66B	$9.65B	$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	$11.60B	$10.83B	$10.82B	$10.29B	$11.01B	$10.29B	$10.34B	$9.79B	$10.55B	$9.94B	$10.06B	$7.44B	$10.03B	$9.41B	$9.41B	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	0.48%	1.49%	0.73%	1.60%	0.22%	1.11%	-	0.88%	0.91%	1.12%	-	0.31%	1.34%	1.52%	-	1.08%	1.02%

13 analysts predict WMT's average Quarter EBITDA for Apr 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	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 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	7	7	7	7	7	10	10	9	15	16	11	13	15	26	13	13	25	23	12	21	12	13	20	13	18	9	9	10	14	14
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$5.49B	$453.00M	$7.89B	$1.67B	$6.28B	$-1.77B	$5.15B	-	$3.63B	$3.13B	$4.28B	-	$-2.09B	$5.13B	$6.48B	-	$4.14B	$3.29B
Avg Forecast	$6.47B	$5.51B	$6.52B	$5.75B	$5.91B	$5.01B	$5.94B	$5.21B	$5.25B	$4.31B	$5.22B	$4.22B	$4.43B	$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	$6.55B	$5.58B	$6.61B	$5.83B	$5.99B	$5.07B	$6.02B	$5.27B	$5.97B	$4.47B	$5.23B	$5.07B	$4.48B	$4.39B	$4.66B	$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	$6.34B	$5.40B	$6.39B	$5.64B	$5.79B	$4.91B	$5.82B	$5.10B	$5.00B	$4.22B	$5.22B	$3.38B	$4.34B	$3.98B	$4.50B	$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%	0.44%	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 Apr 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	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 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	7	7	7	7	7	10	10	9	15	16	11	13	15	26	13	13	25	23	12	21	12	13	20	13	18	9	9	10	14	14
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$34.31B	$33.42B	$32.47B	$30.78B	$33.06B	$34.51B	$30.17B	-	$31.46B	$29.71B	$28.51B	-	$31.33B	$28.59B	$28.99B	-	$28.60B	$27.37B
Avg Forecast	$40.75B	$38.05B	$37.99B	$36.13B	$38.68B	$36.16B	$36.33B	$34.40B	$37.07B	$34.59B	$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	$41.16B	$38.42B	$38.37B	$36.49B	$39.06B	$36.51B	$36.69B	$34.74B	$37.54B	$34.85B	$34.77B	$44.77B	$35.59B	$33.40B	$33.38B	$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	$40.12B	$37.46B	$37.40B	$35.57B	$38.08B	$35.60B	$35.77B	$33.86B	$36.47B	$34.36B	$34.77B	$29.85B	$34.70B	$32.54B	$32.54B	$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%	0.91%	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 Apr 24 is $37.31B, based on 13 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	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 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	7	7	7	7	7	10	10	9	15	16	11	13	15	26	13	13	25	23	12	21	12	13	20	13	18	9	9	10	14	14
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.68	$0.17	$2.93	$0.62	$2.33	$-0.65	$1.88	-	$1.31	$1.12	$1.53	-	$-0.74	$1.81	$2.29	-	$1.46	$1.16
Avg Forecast	$0.80	$0.68	$0.81	$0.71	$0.73	$0.62	$0.74	$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	$0.81	$0.69	$0.82	$0.72	$0.74	$0.63	$0.74	$0.65	$0.74	$0.55	$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	$0.78	$0.67	$0.79	$0.70	$0.72	$0.61	$0.72	$0.63	$0.62	$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%	1.41%	4.59%	-1.48%	3.48%	-	2.63%	2.40%	2.92%	-	-1.47%	4.61%	5.49%	-	3.05%	3.20%

According to 13 Wall Street analysts, Walmart's projected average Quarter EPS for Apr 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	$73.27	$151.20	106.36%	Buy
DLTR	Dollar Tree	$63.18	$113.81	80.14%	Buy
TGT	Target	$121.72	$178.12	46.34%	Buy
WMT	Walmart	$87.18	$107.98	23.86%	Buy
COST	Costco Wholesale	$928.08	$797.65	-14.05%	Buy
BJ	BJ's Wholesale Club	$85.70	$72.53	-15.37%	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 $107.98 with a range of $28 to $190, implying a 23.86% from its last price of $87.18. 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 23.86% (from the last price of $87.18 to the average price target of $107.98), up by 117.94% based on the highest stock price target, and down by -67.88% based on the lowest stock price target.

Can Walmart stock reach $130?

WMT's highest twelve months analyst stock price target of $190 supports the claim that Walmart can reach $130 in the near future.

What is Walmart's current price target trend?

4 Wall Street analysts forecast a $93.5 price target for Walmart (WMT) this month, up 7.25% from its last price of $87.18. Compared to the last 3 and 12 months, the average price target increased by 5.41% and decreased by -2.57%, 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 $705.65B (high $712.66B, low $694.73B), average EBITDA is $42.1B (high $42.51B, low $41.44B), average net income is $22.07B (high $22.35B, low $21.62B), average SG&A $145.56B (high $147B, low $143.3B), and average EPS is $2.73 (high $2.77, low $2.68). WMT's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $741.33B (high $748.69B, low $729.86B), average EBITDA is $44.22B (high $44.66B, low $43.54B), average net income is $24.25B (high $24.57B, low $23.77B), average SG&A $152.92B (high $154.43B, low $150.55B), and average EPS is $3 (high $3.04, low $2.94).

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 $37.73B by 3.01%. The company's net income was $15.51B, missing the average estimation of $16.96B by -8.56%. 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 $10.19B by 1.75%. Walmart's net income was $5.49B, beating the average estimation of $4.43B by 24.15%. 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%