Walmart (WMT) Stock Forecast, Price Target & Predictions
WMT Stock Forecast
Walmart stock forecast is as follows: an average price target of $118.61 (represents a 83.46% upside from WMT’s last price of $64.65) and a rating consensus of 'Buy', based on 28 wall street analysts offering a 1-year stock forecast.
WMT Price Target
WMT Analyst Ratings
Walmart Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 17, 2024 | Steven Shemesh | RBC Capital | $70.00 | $63.97 | 9.43% | 8.28% |
May 17, 2024 | Bobby Griffin | Raymond James | $70.00 | $63.97 | 9.43% | 8.28% |
May 17, 2024 | Michael Baker | D.A. Davidson | $75.00 | $64.01 | 17.17% | 16.01% |
May 17, 2024 | Kelly Bania | BMO Capital | $75.00 | $64.01 | 17.17% | 16.01% |
May 17, 2024 | Christopher Graja | Argus Research | $71.00 | $64.01 | 10.92% | 9.82% |
May 17, 2024 | Scot Ciccarelli | Truist Financial | $64.00 | $64.01 | -0.02% | -1.01% |
May 17, 2024 | Mark Astrachan | Stifel Nicolaus | $69.00 | $64.01 | 7.80% | 6.73% |
May 17, 2024 | William Kirk | Roth Capital | $71.00 | $64.01 | 10.92% | 9.82% |
May 17, 2024 | Kate McShane | Goldman Sachs | $73.00 | $64.01 | 14.04% | 12.92% |
May 17, 2024 | Joseph Feldman | Telsey Advisory | $70.00 | $64.01 | 9.36% | 8.28% |
Walmart Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 18 | 21 | 30 |
Avg Price Target | $70.61 | $81.76 | $109.20 |
Last Closing Price | $64.65 | $64.65 | $64.65 |
Upside/Downside | 9.22% | 26.47% | 68.91% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
May 17, 2024 | Roth Capital | Buy | Buy | Hold |
May 17, 2024 | Raymond James | Outperform | Outperform | Hold |
May 17, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
May 17, 2024 | KeyBanc | Overweight | Overweight | Hold |
May 17, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
May 17, 2024 | Cowen & Co. | Buy | Buy | Hold |
May 17, 2024 | BMO Capital | Outperform | Outperform | Hold |
May 17, 2024 | Citigroup | Buy | Buy | Hold |
May 17, 2024 | Goldman Sachs | Buy | Buy | Hold |
May 17, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Walmart Financial Forecast
Walmart Revenue Forecast
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 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $173.39B | $160.80B | $161.63B | $152.30B | $164.05B | $152.81B | $152.86B | $141.57B | $152.87B | $140.53B | $141.05B | $138.31B | $152.08B | $134.71B | $137.74B | $134.62B | $141.67B | $127.99B | $130.38B | $123.92B | $138.79B | $124.89B |
Avg Forecast | $183.35B | $173.23B | $175.38B | $164.62B | $176.47B | $166.29B | $166.40B | $157.12B | $170.40B | $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 | $130.10B | $125.28B | $138.76B | $121.08B |
High Forecast | $184.81B | $174.61B | $176.78B | $165.93B | $177.88B | $167.89B | $167.25B | $158.73B | $172.91B | $161.90B | $161.50B | $150.12B | $161.03B | $148.85B | $152.20B | $140.10B | $153.07B | $136.63B | $138.23B | $133.33B | $149.81B | $133.30B | $136.77B | $133.87B | $143.81B | $129.74B | $131.26B | $126.39B | $139.99B | $145.30B |
Low Forecast | $181.30B | $171.30B | $173.42B | $162.78B | $174.50B | $163.82B | $165.54B | $155.85B | $168.89B | $157.74B | $158.44B | $147.27B | $157.98B | $146.02B | $149.31B | $137.52B | $150.05B | $133.94B | $135.51B | $130.70B | $146.86B | $130.67B | $134.07B | $131.23B | $140.97B | $127.18B | $128.67B | $123.90B | $137.23B | $96.86B |
# Analysts | 13 | 8 | 8 | 14 | 8 | 18 | 17 | 18 | 19 | 26 | 25 | 13 | 23 | 22 | 12 | 21 | 12 | 13 | 20 | 13 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
Surprise % | - | - | - | - | - | - | - | - | 1.02% | 1.01% | 1.01% | 1.02% | 1.03% | 1.03% | 1.01% | 1.02% | 1.01% | 1.04% | 1.03% | 1.05% | 1.02% | 1.02% | 1.02% | 1.01% | 0.99% | 1.00% | 1.00% | 0.99% | 1.00% | 1.03% |
Walmart EBITDA Forecast
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 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 14 | 8 | 18 | 17 | 18 | 19 | 26 | 25 | 13 | 23 | 22 | 12 | 21 | 12 | 13 | 20 | 13 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
EBITDA | - | - | - | - | - | - | - | - | $10.37B | $4.58B | $14.27B | $6.20B | $12.32B | $1.91B | $9.82B | $6.04B | $7.84B | $7.26B | $8.99B | $6.99B | $2.67B | $10.36B | $12.11B | $8.70B | $9.00B | $7.70B | $8.21B | $8.48B | $8.94B | $5.68B |
Avg Forecast | $10.76B | $10.16B | $10.29B | $9.66B | $10.35B | $9.75B | $9.76B | $9.30B | $8.47B | $9.34B | $5.10B | $8.46B | $7.70B | $8.50B | $4.64B | $8.14B | $7.00B | $7.72B | $4.22B | $2.88B | $8.96B | $9.11B | $8.23B | $9.38B | $7.20B | $7.87B | $7.57B | $8.40B | $5.28B | $3.27B |
High Forecast | $10.84B | $10.24B | $10.37B | $9.73B | $10.43B | $9.85B | $9.81B | $11.16B | $10.16B | $11.21B | $6.12B | $10.15B | $9.24B | $10.19B | $5.57B | $8.22B | $8.40B | $9.27B | $5.06B | $3.45B | $10.75B | $10.93B | $9.88B | $11.25B | $8.64B | $9.44B | $9.08B | $10.08B | $6.34B | $3.93B |
Low Forecast | $10.64B | $10.05B | $10.17B | $9.55B | $10.24B | $9.61B | $9.71B | $7.44B | $6.77B | $7.48B | $4.08B | $6.76B | $6.16B | $6.80B | $3.71B | $8.07B | $5.60B | $6.18B | $3.37B | $2.30B | $7.16B | $7.29B | $6.58B | $7.50B | $5.76B | $6.30B | $6.05B | $6.72B | $4.23B | $2.62B |
Surprise % | - | - | - | - | - | - | - | - | 1.22% | 0.49% | 2.80% | 0.73% | 1.60% | 0.22% | 2.12% | 0.74% | 1.12% | 0.94% | 2.13% | 2.43% | 0.30% | 1.14% | 1.47% | 0.93% | 1.25% | 0.98% | 1.08% | 1.01% | 1.69% | 1.73% |
Walmart Net Income Forecast
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 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 14 | 8 | 18 | 17 | 18 | 19 | 26 | 25 | 13 | 23 | 22 | 12 | 21 | 12 | 13 | 20 | 13 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
Net Income | - | - | - | - | - | - | - | - | $5.49B | $453.00M | $7.89B | $1.67B | $6.28B | $-1.77B | $5.15B | $2.05B | $3.63B | $3.13B | $4.28B | $2.73B | $-2.09B | $5.13B | $6.48B | $3.99B | $4.14B | $3.29B | $3.61B | $3.84B | $3.69B | $1.71B |
Avg Forecast | $16.09B | $14.31B | $17.22B | $14.43B | $14.78B | $13.51B | $15.67B | $4.22B | $3.62B | $4.44B | $1.99B | $3.84B | $3.29B | $4.04B | $1.81B | $11.97B | $2.99B | $3.67B | $1.65B | $-2.26B | $4.44B | $4.87B | $3.78B | $4.31B | $3.08B | $3.46B | $3.43B | $3.47B | $1.59B | $-811.60M |
High Forecast | $16.25B | $14.46B | $17.40B | $14.58B | $14.93B | $14.25B | $16.16B | $5.07B | $4.35B | $5.33B | $2.39B | $4.61B | $3.95B | $4.85B | $2.17B | $12.12B | $3.59B | $4.41B | $1.98B | $-1.81B | $5.33B | $5.84B | $4.53B | $5.18B | $3.69B | $4.15B | $4.11B | $4.16B | $1.91B | $-649.28M |
Low Forecast | $15.85B | $14.10B | $16.97B | $14.22B | $14.57B | $12.78B | $15.43B | $3.38B | $2.90B | $3.56B | $1.59B | $3.07B | $2.63B | $3.23B | $1.45B | $11.83B | $2.40B | $2.94B | $1.32B | $-2.71B | $3.55B | $3.90B | $3.02B | $3.45B | $2.46B | $2.77B | $2.74B | $2.77B | $1.27B | $-973.92M |
Surprise % | - | - | - | - | - | - | - | - | 1.52% | 0.10% | 3.96% | 0.44% | 1.91% | -0.44% | 2.84% | 0.17% | 1.21% | 0.85% | 2.60% | -1.21% | -0.47% | 1.05% | 1.71% | 0.92% | 1.35% | 0.95% | 1.05% | 1.11% | 2.32% | -2.11% |
Walmart SG&A Forecast
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 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 14 | 8 | 18 | 17 | 18 | 19 | 26 | 25 | 13 | 23 | 22 | 12 | 21 | 12 | 13 | 20 | 13 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
SG&A | - | - | - | - | - | - | - | - | $34.31B | $33.42B | $32.47B | $30.78B | $33.06B | $34.51B | $30.17B | $29.40B | $31.46B | $29.71B | $28.51B | $28.13B | $31.33B | $28.59B | $28.99B | $27.37B | $28.60B | $27.37B | $26.87B | $25.95B | $27.82B | $26.79B |
Avg Forecast | $37.82B | $35.73B | $36.18B | $33.96B | $36.40B | $34.30B | $34.32B | $37.31B | $34.67B | $29.63B | $20.53B | $33.92B | $31.51B | $26.94B | $18.67B | $28.63B | $28.65B | $24.49B | $16.97B | $33.82B | $24.71B | $21.80B | $25.91B | $29.79B | $25.62B | $25.77B | $23.15B | $26.15B | $24.94B | $25.17B |
High Forecast | $38.12B | $36.02B | $36.46B | $34.23B | $36.69B | $34.63B | $34.50B | $44.77B | $41.60B | $35.56B | $24.64B | $40.70B | $37.82B | $32.33B | $22.40B | $28.90B | $34.38B | $29.39B | $20.36B | $40.59B | $29.66B | $26.16B | $31.09B | $35.75B | $30.74B | $30.92B | $27.78B | $31.37B | $29.92B | $30.21B |
Low Forecast | $37.40B | $35.33B | $35.77B | $33.58B | $35.99B | $33.79B | $34.15B | $29.85B | $27.73B | $23.71B | $16.43B | $27.13B | $25.21B | $21.55B | $14.93B | $28.37B | $22.92B | $19.59B | $13.58B | $27.06B | $19.77B | $17.44B | $20.72B | $23.83B | $20.49B | $20.62B | $18.52B | $20.92B | $19.95B | $20.14B |
Surprise % | - | - | - | - | - | - | - | - | 0.99% | 1.13% | 1.58% | 0.91% | 1.05% | 1.28% | 1.62% | 1.03% | 1.10% | 1.21% | 1.68% | 0.83% | 1.27% | 1.31% | 1.12% | 0.92% | 1.12% | 1.06% | 1.16% | 0.99% | 1.12% | 1.06% |
Walmart EPS Forecast
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 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 14 | 8 | 18 | 17 | 18 | 19 | 26 | 25 | 13 | 23 | 22 | 12 | 21 | 12 | 13 | 20 | 13 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
EPS | - | - | - | - | - | - | - | - | $0.68 | $0.17 | $2.93 | $0.62 | $2.33 | $-0.65 | $1.88 | $0.75 | $1.31 | $1.12 | $1.53 | $0.97 | $-0.74 | $1.81 | $2.29 | $1.41 | $1.46 | $1.16 | $1.27 | $1.34 | $1.27 | $0.58 |
Avg Forecast | $1.99 | $1.77 | $2.13 | $1.78 | $1.83 | $1.67 | $1.94 | $1.60 | $1.63 | $1.52 | $1.71 | $1.32 | $1.52 | $1.32 | $1.62 | $1.48 | $1.50 | $1.40 | $1.57 | $1.21 | $1.51 | $1.18 | $1.25 | $1.12 | $1.44 | $1.09 | $1.22 | $1.02 | $1.33 | $1.15 |
High Forecast | $2.01 | $1.79 | $2.15 | $1.80 | $1.85 | $1.76 | $2.00 | $1.66 | $1.69 | $1.63 | $1.72 | $1.33 | $1.54 | $1.33 | $1.64 | $1.50 | $1.51 | $1.42 | $1.59 | $1.23 | $1.52 | $1.19 | $1.27 | $1.13 | $1.45 | $1.10 | $1.23 | $1.03 | $1.35 | $1.38 |
Low Forecast | $1.96 | $1.74 | $2.10 | $1.76 | $1.80 | $1.58 | $1.91 | $1.57 | $1.56 | $1.48 | $1.68 | $1.30 | $1.50 | $1.30 | $1.60 | $1.46 | $1.47 | $1.38 | $1.55 | $1.19 | $1.48 | $1.16 | $1.23 | $1.10 | $1.42 | $1.07 | $1.20 | $1.01 | $1.31 | $0.92 |
Surprise % | - | - | - | - | - | - | - | - | 0.42% | 0.11% | 1.72% | 0.47% | 1.53% | -0.49% | 1.16% | 0.51% | 0.88% | 0.80% | 0.97% | 0.80% | -0.49% | 1.54% | 1.83% | 1.26% | 1.02% | 1.07% | 1.04% | 1.31% | 0.95% | 0.50% |
Walmart Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
BIG | Big Lots | $3.70 | $16.88 | 356.22% | Hold |
WMT | Walmart | $64.65 | $118.61 | 83.46% | Buy |
DG | Dollar General | $142.13 | $198.43 | 39.61% | Buy |
DLTR | Dollar Tree | $117.31 | $156.23 | 33.18% | Buy |
TGT | Target | $160.13 | $178.66 | 11.57% | Buy |
COST | Costco Wholesale | $795.81 | $645.31 | -18.91% | Buy |
BJ | BJ's Wholesale Club | $79.76 | $63.90 | -19.88% | Hold |
WMT Forecast FAQ
Is Walmart a good buy?
Yes, according to 28 Wall Street analysts, Walmart (WMT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 27 'Buy' recommendations, accounting for 96.43% of WMT's total ratings.
What is WMT's price target?
Walmart (WMT) average price target is $118.61 with a range of $64 to $196, implying a 83.46% from its last price of $64.65. The data is based on 28 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 83.46% (from the last price of $64.65 to the average price target of $118.61), up by 203.17% based on the highest stock price target, and down by -1.01% based on the lowest stock price target.
Can Walmart stock reach $100?
WMT's average twelve months analyst stock price target of $118.61 supports the claim that Walmart can reach $100 in the near future.
What is Walmart's current price target trend?
18 Wall Street analysts forecast a $70.61 price target for Walmart (WMT) this month, up 9.22% from its last price of $64.65. Compared to the last 3 and 12 months, the average price target increased by 26.47% and increased by 68.91%, respectively.
What are Walmart's analysts' financial forecasts?
Walmart's analysts financial forecasts for the fiscal year (Jan 2025) are as follows: average revenue is $666.27B (high $671.75B, low $659.7B), average EBITDA is $39.17B (high $41.26B, low $37B), average net income is $48.19B (high $50.41B, low $46.15B), average SG&A $142.33B (high $150.59B, low $133.78B), and average EPS is $7.04 (high $7.27, low $6.86). WMT's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $696.58B (high $702.14B, low $688.8B), average EBITDA is $40.86B (high $41.19B, low $40.41B), average net income is $62.04B (high $62.69B, low $61.14B), average SG&A $143.68B (high $144.83B, low $142.08B), and average EPS is $7.67 (high $7.75, low $7.56).
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 $639.21B by 1.40%. Apple's EBITDA was $38.86B, beating the average prediction of $31.37B by 23.89%. The company's net income was $15.51B, beating the average estimation of $13.9B by 11.59%. Apple's SG&A was $130.97B, beating the average forecast of $118.75B by 10.29%. Lastly, the company's EPS was $1.91, missing the average prediction of $6.18 by -69.08%. In terms of the last quarterly report (Jan 2024), Walmart's revenue was $173.39B, beating the average analysts' forecast of $170.4B by 1.76%. The company's EBITDA was $10.37B, beating the average prediction of $8.47B by 22.50%. Walmart's net income was $5.49B, beating the average estimation of $3.62B by 51.65%. The company's SG&A was $34.31B, missing the average forecast of $34.67B by -1.03%. Lastly, the company's EPS was $0.68, missing the average prediction of $1.63 by -58.31%