What is the current Price Target and Forecast for Walmart (WMT) (2024)

(Delayed Data from NYSE)

$59.35 USD

59.35

14,198,411

-0.89 (-1.48%)

Updated Apr 30, 2024 04:00 PM ET

After-Market: $59.32 -0.03 (-0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5 3

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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CValue | AGrowth | BMomentum | AVGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 38% (95 out of 251)

Industry: Retail - Supermarkets

View All Zacks #1 Ranked Stocks

What is the current Price Target and Forecast for Walmart (WMT) (2) Better trading starts here.

Walmart (WMT) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$64.90 $70.00 $58.33 7.74%

Price Target

Based on short-term price targets offered by 30 analysts, the average price target for Walmart comes to $64.90. The forecasts range from a low of $58.33 to a high of $70.00. The average price target represents an increase of 7.74% from the last closing price of $60.24.

Analyst Price Targets (30)

Last Close 60.24

Average 64.90 7.74% Upside Low 58.33 -3.17% Downside High 70.00 16.20% Upside

Broker Rating

Walmart currently has an average brokerage recommendation (ABR) of 1.45 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 30 brokerage firms. The current ABR compares to an ABR of 1.45 a month ago based on 30 recommendations.

Of the 30 recommendations deriving the current ABR, 21 are Strong Buy and four are Buy. Strong Buy and Buy respectively account for 70% and 13.33% of all recommendations. A month ago, Strong Buy made up 70%, while Buy represented 13.33%.

Broker Rating Breakdown

What is the current Price Target and Forecast for Walmart (WMT) (3)

Today1 Week Ago1 Month Ago2 Months Ago3 Months Ago
Strong Buy2121212222
Buy44444
Hold55555
Sell00000
Strong Sell00000
ABR1.451.451.451.441.44

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

DateBrokerage FirmAnalystPreviousCurrent
3/27/2024Telsey Advisory GroupJoseph FeldmanStrong BuyStrong Buy
3/26/2024Evercore PartnersGregory S MelichStrong BuyStrong Buy
2/21/2024Truist SecuritiesScot CiccarelliHoldHold
2/21/2024Raymond JamesBobby GriffinModerate BuyModerate Buy
2/21/2024KeyBanc Capital MarketsBradley B ThomasStrong BuyStrong Buy
2/21/2024Guggenheim Securities Robert S DrbulStrong BuyStrong Buy
2/21/2024BMO Capital MarketsKelly A BaniaStrong BuyStrong Buy
2/20/2024Not IdentifiedNot IdentifiedHoldHold
2/20/2024Roth Capital PartnersWilliam KirkStrong BuyStrong Buy
1/10/2024D.A. DavidsonMichael BakerStrong BuyStrong Buy
9/1/2023StephensBen BienvenuStrong BuyStrong Buy
8/18/2023Robert W. Baird & Co.Peter S BenedictNot AvailableStrong Buy
6/12/2023Exane BNP ParibasChris J BottiglieriNot AvailableStrong Buy

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

1.45
ABR (Last week)1.45
# of Recs in ABR30
Average Target Price $64.90
LT Growth Rate6.50%
IndustryRetail - Supermarkets
Industry Rank by ABR95 of 252
Current Quarter EPS Est: 0.52
What is the current Price Target and Forecast for Walmart (WMT) (2024)

FAQs

What is the current Price Target and Forecast for Walmart (WMT)? ›

The average price target for Walmart is $65.97. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $75.99 ,the lowest forecast is $58.99. The average price target represents 9.51% Increase from the current price of $60.24.

What is the WMT price target? ›

Stock Price Targets
High$70.00
Median$66.53
Low$59.00
Average$65.66
Current Price$59.35

What is the price forecast for Walmart? ›

Stock Price Forecast
TargetLowAverage
Price$54.33$63.05
Change-8.06%+6.69%

What is the WMT earnings forecast? ›

WMT Earnings Date

Walmart Inc. Common Stock is expected* to report earnings on 05/16/2024 before market open. The report will be for the fiscal Quarter ending Apr 2024. According to Zacks Investment Research, based on 12 analysts' forecasts, the consensus EPS forecast for the quarter is $0.52.

What is the WMT forecast for 2024? ›

The forecasted Walmart price at the end of 2024 is $78.75 - and the year to year change -49%. The rise from today to year-end: +33%. In the middle of 2024, we expect to see $59.95.

What is a current price target? ›

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.

Is WMT a buy or sell? ›

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.

What is the stock price forecast for WMT tomorrow? ›

The Walmart stock forecast for tomorrow is $ 60.21, which would represent a 0.09% gain compared to the current price. In the next week, the price of WMT is expected to increase by 2.11% and hit $ 61.43.

What is the WMT five year forecast? ›

Walmart Inc quote is equal to 58.850 USD at 2024-05-02. Based on our forecasts, a long-term increase is expected, the "WMT" stock price prognosis for 2029-04-25 is 62.716 USD. With a 5-year investment, the revenue is expected to be around +6.57%. Your current $100 investment may be up to $106.57 in 2029.

Is WMT stock a strong buy? ›

Walmart (NYSE:WMT) stock is a strong buy in 2024. The company' incredible pricing power allows them to thrive during periods of high inflation. Walmart's omnichannel strategy and strong growth of their e-commerce business is a promising sign for the future.

Why is WMT stock falling? ›

The company's exposure to interest rates and maturing business have led to a decline in stock price, but its well-diversified nature and strong prospects make it an attractive long-term investment.

Is Walmart stock undervalued or overvalued? ›

Fair Value Estimate for Walmart

With its 2-star rating, we believe Walmart's stock is overvalued compared with our long-term fair value estimate, which we have raised to $50 per share from $49 following its most recent earnings report and 3-for-1 stock split, primarily due to the time value of money.

Why invest in WMT stock? ›

WMT boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 6.3% year-over-year for 2025, while Wall Street anticipates its top line to improve by 3.6%. Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025.

What is the price prediction for the WMT token in 2025? ›

World Mobile Token price prediction 2025

The World Mobile Token price prediction for 2025 is currently between $ 0.353014 on the lower end and $ 1.660021 on the high end. Compared to today's price, World Mobile Token could gain 417.07% by 2025 if WMT reaches the upper price target.

What is the target stock price forecast for 2024? ›

Target stock price stood at $160.98
YearMid-YearTod/End,%
2024$167+13%
2025$237+57%
2026$258+66%
2027$271+87%
8 more rows

What is the open stock forecast for 2025? ›

According to analysts, OPEN price target is 2.97 USD with a max estimate of 4.50 USD and a min estimate of 1.00 USD.

What will Walmart stock be worth in 2025? ›

Long-Term Walmart Stock Price Predictions
YearPredictionChange
2025$ 64.228.24%
2026$ 69.5117.15%
2027$ 75.2326.80%
2028$ 81.4337.24%
2 more rows

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