UBS analyst Michael Lasser maintains $Walmart (WMT.US)$ with a buy rating, and adjusts the target price from $74 to $92.
According to TipRanks data, the analyst has a success rate of 65.5% and a total average return of 12.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Walmart (WMT.US)$'s main analysts recently are as follows:
Walmart is perceived to be at the initial phases of what is anticipated to be a prolonged progression in expanding its marketplace. By the year 2026, it is projected that the company's third-party marketplace could amass a Gross Merchandise Value exceeding $150 billion, potentially contributing approximately $15 billion to Walmart's revenue. This is a significant increase from an estimated GMV of $90 billion and revenue of $9 billion in 2024. With the expansion of Walmart's marketplace and enhanced integration of its physical and digital operations, it is expected that the company will see an uptick in its eCommerce market share and profit margins.
Following a visit to a Walmart Supercenter in Charlotte alongside company executives, it was noted that the company is exhibiting ongoing strength in the grocery sector, successfully expanding its market share and attracting new customers. The company's emphasis on value, convenience, and enhancements in product assortment is seen as a driving factor for continued share gains across various incomes and product categories.
Note:
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