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

Walmart Inc. (WMT)

NYSE: WMT · IEX Real-Time Price · USD

65.38

+0.54 (0.83%)

At close: May 24, 2024, 4:00 PM

65.33

-0.05 (-0.08%)

After-hours: May 24, 2024, 7:57 PM EDT

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Walmart stock have an average target of 68.96, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 5.48% from the current stock price of 65.38.

Target Low Average Median High
Price $54.33 $68.96 $70 $76
Change -16.90% +5.48% +7.07% +16.24%

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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 111110101011
Buy 161615151514
Hold 555544
Sell 000000
Strong Sell 000000
Total 323230302929

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date

Barclays

Barclays

Buy

Maintains

$60$66

Buy Maintains $60$66 +0.95% May 20, 2024

Evercore ISI Group

Evercore ISI Group

Buy

Maintains

$67$70

Buy Maintains $67$70 +7.07% May 20, 2024

Citigroup

Citigroup

Strong Buy

Maintains

$63$75

Strong Buy Maintains $63$75 +14.71% May 17, 2024

Raymond James

Raymond James

Buy

Maintains

$63$70

Buy Maintains $63$70 +7.07% May 17, 2024

Morgan Stanley

Morgan Stanley

Buy

Maintains

$67$70

Buy Maintains $67$70 +7.07% May 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

680.15B

from 648.13B

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 523.96B559.15B572.75B611.29B648.13B680.15B707.32B733.45B764.59B815.13B
Revenue Growth 1.86%6.72%2.43%6.73%6.03%4.94%3.99%3.69%4.25%6.61%
EPS 1.731.581.621.421.912.382.612.893.143.47
EPS Growth 129.75%-8.50%2.34%-12.35%34.51%24.54%9.81%10.74%8.41%10.79%
No. Analysts -----39371133

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

Revenue Forecast

Revenue 20242025202620272028
High 711.7B 745.6B 782.6B 808.2B 847.4B
Avg 680.2B 707.3B 733.4B 764.6B 815.1B
Low 652.0B 675.5B 695.3B 729.5B 790.9B

Revenue Growth

Revenue Growth 20242025202620272028
High

9.8%

9.6%

10.6%

10.2%

10.8%

Avg

4.9%

4.0%

3.7%

4.2%

6.6%

Low

0.6%

-0.7%

-1.7%

-0.5%

3.4%

EPS Forecast

EPS 20242025202620272028
High 2.59 2.85 3.17 3.27 3.63
Avg 2.38 2.61 2.89 3.14 3.47
Low 2.25 2.37 2.53 3.04 3.35

EPS Growth

EPS Growth 20242025202620272028
High

35.6%

20.0%

21.4%

12.9%

15.8%

Avg

24.5%

9.8%

10.7%

8.4%

10.8%

Low

18.0%

-0.2%

-3.2%

5.0%

6.9%

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? ›

Stock Price Forecast

What is the forecast for WMT stock? ›

The average price target for Walmart is $71.00. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $75.00 ,the lowest forecast is $65.00. The average price target represents 6.61% Increase from the current price of $66.6.

What is the target price for Walmart stock analyst? ›

Stock Price Targets
High$81.00
Median$72.00
Low$64.00
Average$72.54
Current Price$66.73

What is the WMT forecast for 2024? ›

The forecasted Walmart price at the end of 2024 is $104.42 - and the year to year change -34%. The rise from today to year-end: +74%. In the middle of 2024, we expect to see $79.49.

What will Walmart stock be worth in 5 years? ›

Long-Term Walmart Stock Price Predictions
YearPredictionChange
2025$ 71.778.24%
2026$ 77.6817.15%
2027$ 84.0826.80%
2028$ 91.0137.24%
2 more rows

Is Walmart a buy sell or hold? ›

Is Walmart a Buy, Sell or Hold? Walmart has a consensus rating of Strong Buy, which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings.

How much is Walmart worth in 2024? ›

Walmart has a market cap or net worth of $538.66 billion as of June 14, 2024. Its market cap has increased by 33.55% in one year.

What is the 12 month price forecast for Walmart? ›

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 70.51, with a low estimate of 55 and a high estimate of 81. The average target predicts an increase of 5.51% from the current stock price of 66.83.

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 often does WMT pay dividends? ›

Quarterly

What is the 10 year return on Walmart stock? ›

Ten Year Stock Price Total Return for Walmart is calculated as follows: Last Close Price [ 67.02 ] / Adj Prior Close Price [ 20.40 ] (-) 1 (=) Total Return [ 228.5% ] Prior price dividend adjustment factor is 0.81.

Is Walmart over or undervalued? ›

With its 2-star rating, we believe Walmart's stock is overvalued compared with our long-term fair value estimate of $52. The company delivered strong top-line growth in the quarter, as comp sales expanded 3.8% in the Walmart US segment and 4.4% at Sam's Club (both of which exceeded our 3.5% estimate).

Is Walmart a long term investment? ›

The company's resilience, innovative strategies and steady expansion make it a brilliant investment in the long term. Perfect for those who want growth and stability in times of high inflation and expensive prices. Walmart stock could be a valuable addition to your 2024 portfolio.

What is the price target for WMT in 2025? ›

According to analysts, WMT price target is 72.54 USD with a max estimate of 81.00 USD and a min estimate of 64.00 USD.

Is WMT stock overvalued? ›

Intrinsic Value. The intrinsic value of one WMT stock under the Base Case scenario is 48.08 USD. Compared to the current market price of 66.48 USD, Walmart Inc is Overvalued by 28%.

Who is the biggest shareholder of Walmart? ›

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.

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