Walmart Inc. (WMT) Stock Forecast & Price Targets - Stock Analysis (2024)

Walmart Inc. (WMT)

NYSE: WMT · IEX Real-Time Price · USD

60.16

-0.05 (-0.08%)

At close: Apr 26, 2024, 4:00 PM

60.17

+0.01 (0.02%)

After-hours: Apr 26, 2024, 7:59 PM EDT

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 62.77, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 4.34% from the current stock price of 60.16.

Target Low Average Median High
Price $54.33 $62.77 $62 $76
Change -9.69% +4.34% +3.06% +26.33%

Analyst Ratings

The average analyst rating for Walmart stock from 29 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111101010
Buy 161616151515
Hold 555554
Sell 000000
Strong Sell 000000
Total 323232303029

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date

Evercore ISI Group

Evercore ISI Group

Buy

Maintains

$67$66

Buy Maintains $67$66 +9.71% Apr 16, 2024

Telsey Advisory Group

Telsey Advisory Group

Buy

Maintains

$68

Buy Maintains $68 +13.03% Mar 27, 2024

Evercore ISI Group

Evercore ISI Group

Buy

Maintains

$66$68

Buy Maintains $66$68 +13.03% Mar 26, 2024

Tigress Financial

Tigress Financial

Strong Buy

Maintains

$65$75

Strong Buy Maintains $65$75 +24.67% Mar 13, 2024

Stifel

Stifel

Hold

Maintains

$185$65

Hold Maintains $185$65 +8.05% Mar 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

Increased by 4.94%

from 648.13B

Revenue Next Year

707.32B

from 680.15B

Increased by 3.99%

from 680.15B

EPS This Year

2.38

from 1.91

Increased by 24.54%

from 1.91

EPS Next Year

2.61

from 2.38

Increased by 9.81%

from 2.38

Year 2019202020212022202320242025202620272028
Revenue 523.96B559.15B572.75B611.29B648.13B680.15B707.32B734.28B743.19B773.15B
Revenue Growth 1.86%6.72%2.43%6.73%6.03%4.94%3.99%3.81%1.21%4.03%
EPS 1.731.581.621.421.912.382.612.868.878.86
EPS Growth 129.75%-8.50%2.34%-12.35%34.51%24.54%9.81%9.61%209.82%-0.14%
No. Analysts -----39371553

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 711.7B 745.6B 782.6B 791.8B 825.0B
Avg 680.2B 707.3B 734.3B 743.2B 773.2B
Low 652.0B 675.5B 686.4B 708.4B 730.4B

Revenue Growth

Revenue Growth 20242025202620272028
High

9.8%

9.6%

10.6%

7.8%

11.0%

Avg

4.9%

4.0%

3.8%

1.2%

4.0%

Low

0.6%

-0.7%

-3.0%

-3.5%

-1.7%

EPS Forecast

EPS 20242025202620272028
High 2.59 2.85 3.17 9.79 9.45
Avg 2.38 2.61 2.86 8.87 8.86
Low 2.25 2.37 2.45 7.91 8.37

EPS Growth

EPS Growth 20242025202620272028
High

35.6%

20.0%

21.4%

241.8%

6.5%

Avg

24.5%

9.8%

9.6%

209.8%

-0.1%

Low

18.0%

-0.2%

-6.2%

176.2%

-5.6%

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.

Walmart Inc. (WMT) Stock Forecast & Price Targets - Stock Analysis (2024)

FAQs

Walmart Inc. (WMT) Stock Forecast & Price Targets - Stock Analysis? ›

WMT Stock 12 Month Forecast

What is Walmart's target stock price? ›

Stock Price Targets
High$70.00
Median$66.53
Low$59.00
Average$65.66
Current Price$60.21

Is Walmart a buy or sell today? ›

Walmart stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 94 buy ratings, 5 hold ratings, and 0 sell ratings.

How much will Walmart stock be worth in 5 years? ›

Walmart stock price stood at $60.16

According to the latest long-term forecast, Walmart price will hit $100 by the end of 2024 and then $110 by the middle of 2026. Walmart will rise to $125 within the year of 2027, $150 in 2028 and $200 in 2034.

Is Walmart doing good in the stock market? ›

From fiscal 2024 to fiscal 2026, analysts expect Walmart's revenue to rise at a CAGR of 4% as its EPS grows at a CAGR of 35%. Its stock still looks reasonably valued at 26 times forward earnings, its dividend offers a decent forward yield of 1.4%, and management has raised the payout annually for 51 consecutive years.

Who owns the most Walmart stock? ›

Jim Walton owns the most shares of Walmart (WMT). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Is target a buy or sell stock? ›

Is TGT a Buy, Sell or Hold? Target has a conensus rating of Moderate Buy which is based on 20 buy ratings, 10 hold ratings and 0 sell ratings.

Should I keep my Walmart stock? ›

From fiscal 2024 to fiscal 2026, analysts expect Walmart's revenue to rise at a CAGR of 4% as its EPS grows at a CAGR of 35%. Its stock still looks reasonably valued at 26 times forward earnings, its dividend offers a decent forward yield of 1.4%, and management has raised the payout annually for 51 consecutive years.

How much was $1000 in Walmart stock in 1970? ›

Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.

How much was Walmart stock in 1972? ›

The closing price for Walmart (WMT) in 1972 was $0.01, on December 29, 1972. It was up 7% for the year. The latest price is $60.29.

What is the future outlook for Walmart stock? ›

Walmart Stock Forecast

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 62.77, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 6.16% from the current stock price of 59.13.

What is the WMT stock prediction for 2025? ›

Walmart stock prediction for 1 year from now: $ 58.56 (-2.01%) Walmart stock forecast for 2025: $ 64.79 (8.24%) Walmart stock prediction for 2030: $ 96.24 (60.78%)

How much is Walmart worth in 2024? ›

$484.87 B

Will Walmart stock split in 2024? ›

30, 2024 — Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1. The stock split is part of Walmart's ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.

Is Walmart a good or bad investment? ›

Stability and Brand Name

With Walmart, it is pretty well-known what an investor is going to get from an operational perspective. Walmart remains a stable company that should be viewed as a long-term blue-chip investment. Roughly 75% of Walmart's store management began their careers as hourly employees with the company.

Is Walmart or Costco a better stock? ›

While Costco appears to have the best growth prospects, that isn't enough to make it the best investment. Walmart trades at a lower valuation, and its higher dividend yield means you will receive more in dividend payments than you would on the same amount of money invested in Costco. That makes Walmart the winner.

What will Walmart stock be worth in 2025? ›

Long-Term Walmart Stock Price Predictions
YearPredictionChange
2025$ 65.118.24%
2026$ 70.4717.15%
2027$ 76.2826.80%
2028$ 82.5637.24%
2 more rows

What is the average price of Walmart stock in 52 weeks? ›

The Walmart 52-week high stock price is 61.66, which is 2.5% above the current share price. The Walmart 52-week low stock price is 48.34, which is 19.6% below the current share price. The average Walmart stock price for the last 52 weeks is 54.19.

What is a target price in stocks? ›

A price target is an analyst's projection of a security's future price, one at which an analyst believes a stock is fairly valued. Analysts consider numerous fundamental and technical factors to arrive at a price target.

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