Raymond James has revised its price target for Walmart (WMT, Financial), decreasing it from $115 to $105, while maintaining an Outperform rating. This adjustment follows Walmart's recent Investment Community Meeting, where the retail giant emphasized its ongoing multi-year transformation efforts. These initiatives focus on enhancing automation, refining merchandising strategies, and diversifying into higher-margin business areas.
Despite the reduced price target, Raymond James remains confident in its positive outlook for Walmart. The firm highlighted the company's reaffirmation of its guidance for the first quarter and fiscal year 2026. This stability indicates a resilient business model that is harnessing growth across various income levels and successfully executing higher-margin strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 38 analysts, the average target price for Walmart Inc (WMT, Financial) is $107.32 with a high estimate of $120.00 and a low estimate of $85.34. The average target implies an upside of 18.45% from the current price of $90.61. More detailed estimate data can be found on the Walmart Inc (WMT) Forecast page.
Based on the consensus recommendation from 44 brokerage firms, Walmart Inc's (WMT, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Walmart Inc (WMT, Financial) in one year is $61.50, suggesting a downside of 32.13% from the current price of $90.61. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Walmart Inc (WMT) Summary page.