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WMTWalmart Inc.
$114.33$911.3B
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Walmart Inc. (WMT) Research Brief

Wall Street consensus, price target range, and equity research thesis

Buy66 Analyst Coverage
Consensus Target
$140+22.5% Upside
Current: $114.33
Analyst Range
Low $120High $155
12-Month High/Low Spread
Ratings Mix
48 Buy·15 Hold·3 Sell
Earnings & Valuation
EPS Beat 0.2%
Forward P/E: 39.4x

Executive Summary & Research Take

Wall Street currently rates WMT buy with a 12-month price target of $140 (+22.5% upside). The sections below cover the bull case, key risks, and latest earnings context for Walmart Inc..

Recent Analyst Actions

WMT Analyst Upgrades & Price Target Changes

2 raised, 3 cut of 8 analysts. Recent price target changes and ratings for WMT.

Updated Jun 2026
FirmActionRatingPrice Target
BTIGMaintainedBuy$145$145
BTIGMaintainedBuy$145$145
Tigress FinancialRaisedBuy$150$155
UBSCutBuy$147$141
RBC CapitalCutOutperform$140$137
BNP ParibasCutOutperform$147$146
BTIGMaintainedBuy$145$145
Freedom BrokerRaisedHold$87$133

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Analyst Research Summary

Investment Thesis: Bull Case & Risk Factors

A structured look at the bull case, the risks, and the most recent earnings execution for WMT.

Current setup

WMT beat estimates last quarter. Below are the key reasons analysts remain constructive and the risks that could change that view.

Bull Case

What keeps the long thesis intact

  • Omnichannel and Digital GrowthWalmart's investments in omnichannel capabilities and AI are expected to enhance revenue and profit margins, particularly through e-commerce sales.
  • Higher-Margin ServicesGrowth in advertising, marketplace services, and memberships is crucial for shifting Walmart's profit mix, supported by strategic investments in automation.
  • Market Share GainsWalmart is expected to gain market share in groceries, health, and international markets, providing resilience against economic slowdowns.
  • Defensive AppealWalmart's reliable dividend and scale make it attractive to defensive investors during economic uncertainty.
  • Operational EfficiencyFulfillment through stores and AI-supported decision-making are projected to reduce operational costs.

Wall Street rates WMT buy, giving the bull case institutional backing from 66 analysts.

Watch Out For

What can break the setup quickly

  • Elevated ValuationWalmart's high P/E ratio suggests it may be overvalued, with DCF analyses indicating fair values significantly lower than the current price.
  • Intensifying CompetitionWalmart faces increasing competition from e-commerce giants like Amazon and rapidly growing direct-to-consumer platforms from China.
  • Consumer Spending PressuresA potential macroeconomic slowdown could impact sales volume, particularly for Walmart's core demographic managing finances tightly.
  • Execution RisksInvestments in automation and digital projects carry risks related to execution, regulation, and supply chain.
  • Regulatory ScrutinyPotential new regulations regarding delivery fees and pricing practices could negatively impact profitability.
  • Slowing GrowthDespite growth in the digital segment, overall business momentum may not offset declines in traditional segments.

Watch whether new negative commentary on WMT points to these structural risks or is simply reacting to short-term price moves.

WMT Earnings Reaction — What the Last Quarter Showed

Last Quarter

EPS
$0.66 vs $0.66 est.Beat 0.2%
Revenue
$177.8B vs $174.8B est.Beat 1.7%
Consensus-Based Analysis Tools

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WMT — Frequently Asked Questions

Quick answers to the most common questions about buying WMT stock.

What is the analyst consensus on WMT?
Verdict

WMT looks attractive at current levels — Wall Street's consensus rating is "Buy" with a $140 price target (+22.5% upside from $114.33). This is informational only — verify the data and consider your own risk tolerance before deciding.

What are recent analyst rating changes for WMT?
Timing

Timing depends on your horizon, but the data signals are: consensus rating "Buy" with +22.5% upside to the $140 target. Recent activity is mixed — 2 analysts raised and 3 cut targets in the past 30 days.

What is the price target for WMT stock?
Price Target

WMT's consensus 12-month price target is $140, set by 66 Wall Street analysts. The bull case high is $155 and the bear case low is $120. From the current price of $114.33, this implies +22.5% upside.

Is WMT overvalued or undervalued?
Valuation

WMT appears undervalued — the $140 consensus target is +22.5% above today's $114.33. It trades at a forward P/E of 39.4x. Targets range from $120 (bear) to $155 (bull), reflecting different assumptions about growth and margins.

What were WMT's latest earnings results?
Earnings

WMT reports next quarter. Earnings-week moves are volatile — historically, analyst targets revise upward after a beat and downward after a miss. The current consensus is "Buy" with a $140 target. Consider position sizing rather than going all-in pre-print.

What is the bull case for WMT?
Coverage

Of 66 analysts covering Walmart Inc. (WMT): 0 Strong Buy, 48 Buy, 15 Hold, 3 Sell, 0 Strong Sell — a "Buy" consensus. The 12-month price target is $140 (range $120–$155). Bullish analysts outnumber bearish by more than 2-to-1.

What are the risks of investing in WMT?
Risks

3 of the 66 analysts covering WMT rate it Sell or Strong Sell. Common concerns include valuation stretch, slowing growth, and sector-specific headwinds — see the Bull vs. Risk cards above for the specific theses on Walmart Inc..

Financial Data & Software Notice: VCP Scanner is an educational financial research database and stock screening software platform. VCP Scanner does not generate, recommend, or package trade decisions, buy/sell signals, or personalized investment advice. Consensus ratings and price targets reflect aggregated third-party Wall Street analyst research from public SEC filings. See our Terms of Service and Privacy Policy.