Walmart Inc. (WMT)
NYSE: WMT · IEX Real-Time Price · USD
170.36
+1.07 (0.63%)
At close: Feb 16, 2024, 4:00 PM
170.21
-0.15 (-0.09%)
After-hours: Feb 16, 2024, 5:50 PM EST
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Walmart stock have an average target of 179.37, with a low estimate of 163 and a high estimate of 210. The average target predicts an increase of 5.29% from the current stock price of 170.36.
Analyst Consensus: Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $163 | $179.37 | $180 | $210 |
| Change | -4.32% | +5.29% | +5.66% | +23.27% |
Analyst Ratings
The average analyst rating for Walmart stock from 31 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '23 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 11 | 11 | 11 | 11 |
| Buy | 16 | 16 | 16 | 16 | 16 | 15 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 33 | 33 | 32 | 32 | 32 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $169 → $175 | Hold | Maintains | $169 → $175 | +2.72% | Feb 16, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Reiterates $185 | Buy | Reiterates | $185 | +8.59% | Feb 14, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $175 → $185 | Buy | Maintains | $175 → $185 | +8.59% | Feb 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $187 → $177 | Buy | Maintains | $187 → $177 | +3.90% | Nov 17, 2023 |
| Stifel | Stifel | Hold Maintains $171 → $169 | Hold | Maintains | $171 → $169 | -0.80% | Nov 17, 2023 |
Financial Forecast
Revenue This Year
651.36B
from 611.29B
Increased by 6.56%
from 611.29B
Revenue Next Year
672.68B
from 651.36B
Increased by 3.27%
from 651.36B
EPS This Year
6.53
from 4.27
Increased by 52.88%
from 4.27
EPS Next Year
7.13
from 6.53
Increased by 9.15%
from 6.53
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 514.41B | 523.96B | 559.15B | 572.75B | 611.29B | 651.36B | 672.68B | 696.38B | 712.63B | 743.19B | 773.15B |
| Revenue Growth | 2.81% | 1.86% | 6.72% | 2.43% | 6.73% | 6.56% | 3.27% | 3.52% | 2.33% | 4.29% | 4.03% |
| EPS | 2.26 | 5.19 | 4.75 | 4.87 | 4.27 | 6.53 | 7.13 | 7.80 | 8.23 | 8.87 | 8.86 |
| EPS Growth | -31.10% | 129.65% | -8.48% | 2.53% | -12.32% | 52.88% | 9.15% | 9.42% | 5.55% | 7.79% | -0.14% |
| No. Analysts | - | - | - | - | - | 40 | 40 | 26 | 6 | 5 | 3 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 680.7B | 707.0B | 741.4B | 760.0B | 791.8B | 825.0B |
| Avg | 651.4B | 672.7B | 696.4B | 712.6B | 743.2B | 773.2B |
| Low | 630.1B | 631.6B | 653.8B | 675.8B | 708.4B | 730.4B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 11.4% | 8.5% | 10.2% | 9.1% | 11.1% | 11.0% |
| Avg | 6.6% | 3.3% | 3.5% | 2.3% | 4.3% | 4.0% |
| Low | 3.1% | -3.0% | -2.8% | -3.0% | -0.6% | -1.7% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 6.85 | 7.77 | 8.77 | 9.04 | 9.79 | 9.45 |
| Avg | 6.53 | 7.13 | 7.80 | 8.23 | 8.87 | 8.86 |
| Low | 6.26 | 6.35 | 6.96 | 7.50 | 7.91 | 8.37 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 60.3% | 19.0% | 23.0% | 16.0% | 18.9% | 6.5% |
| Avg | 52.9% | 9.1% | 9.4% | 5.6% | 7.8% | -0.1% |
| Low | 46.7% | -2.7% | -2.3% | -3.8% | -3.9% | -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.
