Feb 21 - TD Cowen raises Walmart's (WMT, Financial) stock price target to $115 as analysts see growth potential despite a sharp decline. TD Cowen shows renewed confidence in Walmart after the retailer posted Q4 earnings per share of 66 cents, narrowly beating the Street's 65‑cent expectation. The share drop followed cautious guidance for the first quarter of fiscal year 2026, with projected EPS between 57 and 58 cents and a full‑year forecast of $2.50 to $2.60, below anticipated figures.
Analysts see the drop in the share price as an opportunity to buy, as the company has strong fundamentals. The retailer's growth strategy is to grow its grocery businesses, value offerings, supply chain efficiency, and high margin businesses like its marketplace and ad services. Moreover, other market analysts such as RBC Capital Markets, BMO Capital Markets as well as others have mixed projections. The upgrade by TD Cowen anticipates a long-run picture as Walmart deals with near-term difficulties while profiting from its operational suitability.
