Key Highlights:
- Walmart's (WMT, Financial) stock recently saw a 1.05% increase, closing at $89.76.
- Analysts predict a slight earnings decline, but revenue is expected to grow by 2.73%.
- Walmart's stock shows an average price target of $109.12, implying a 21.57% upside potential.
Stock Performance and Market Outlook
In a recent trading session, Walmart Inc. (WMT) shares experienced a 1.05% increase, closing at $89.76. This performance outshined broader market indices, reflecting investor confidence. Despite the anticipated earnings per share of $0.59, which signifies a slight decline, the projected revenue of $165.92 billion denotes a 2.73% growth, signaling positive momentum in Walmart's fundamental business outlook.
Wall Street Analysts Forecast
According to price targets provided by 37 seasoned analysts, the average target price for Walmart (WMT, Financial) sits at $109.12, with bullish and bearish estimates ranging from a high of $120.00 to a low of $85.34. If these projections materialize, Walmart's stock could see an upside of 21.57% from its current price of $89.76. For a deeper dive into these projections, visit the Walmart Inc (WMT) Forecast page.
The collective recommendation from 43 brokerage firms rates Walmart Inc (WMT, Financial) at an average of 1.8. This positions the stock as "Outperform" on a one-to-five scale where a rating of 1 indicates a "Strong Buy" and 5 suggests a "Sell."
GF Value Estimation
GuruFocus's proprietary metrics provide an estimated GF Value for Walmart Inc (WMT, Financial) at $61.50 over the next year. This estimation indicates a 31.48% downside from the current trading price of $89.76. The GF Value metric is derived from analyzing historical multiples, past business growth, and anticipated business performance. Interested investors can explore more detailed estimates on the Walmart Inc (WMT) Summary page.
