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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 11 | 11 | 11 | 10 | 10 | 10 |
Buy | 16 | 16 | 16 | 15 | 15 | 15 |
Hold | 5 | 5 | 5 | 5 | 5 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 32 | 32 | 32 | 30 | 30 | 29 |
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 |
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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 523.96B | 559.15B | 572.75B | 611.29B | 648.13B | 680.15B | 707.32B | 734.28B | 743.19B | 773.15B |
Revenue Growth | 1.86% | 6.72% | 2.43% | 6.73% | 6.03% | 4.94% | 3.99% | 3.81% | 1.21% | 4.03% |
EPS | 1.73 | 1.58 | 1.62 | 1.42 | 1.91 | 2.38 | 2.61 | 2.86 | 8.87 | 8.86 |
EPS Growth | 129.75% | -8.50% | 2.34% | -12.35% | 34.51% | 24.54% | 9.81% | 9.61% | 209.82% | -0.14% |
No. Analysts | - | - | - | - | - | 39 | 37 | 15 | 5 | 3 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.