On Nov 21, major Wall Street analysts update their ratings for $Walmart (WMT.US)$, with price targets ranging from $89 to $102.
Morgan Stanley analyst Simeon Gutman maintains with a buy rating, and adjusts the target price from $89 to $100.
Evercore analyst Greg Melich maintains with a buy rating, and adjusts the target price from $89 to $94.
TD Cowen analyst Oliver Chen maintains with a buy rating, and maintains the target price at $100.
Guggenheim analyst Robert Drbul maintains with a buy rating, and adjusts the target price from $81 to $100.
Stifel analyst Mark Astrachan maintains with a hold rating, and adjusts the target price from $85 to $89.
Furthermore, according to the comprehensive report, the opinions of $Walmart (WMT.US)$'s main analysts recently are as follows:
Walmart's strengths in price and cost leadership are enhanced as it leverages its scale and technology to both gain market share and expand its alternative revenue streams.
Walmart is showcasing the potential for sustainable growth as it transitions into the next phase of its life cycle. This evolution is reminiscent of its historical shift from big-box stores to supercenters, underscoring its position as a fundamental, long-term investment.
Following a robust third quarter, the outlook for Walmart remains optimistic with anticipated broad-based share gains and a projected enhancement in long-term profitability. This is expected to be driven by the growth of high-margin digital advertising and third-party Marketplace seller fees, alongside improvements in core e-commerce losses.
Walmart's Q3 report exemplifies the effectiveness of its omnichannel approach, with significant momentum noted as its digital presence continues to expand. The analyst highlighted the company's Walmart Plus membership, which is growing at a double-digit rate, and its third-party dealings, which surged by over 40%. With these advancements, Walmart is experiencing increased traffic, improved margins, more loyal customers, and enhanced returns on investment amidst varying economic conditions.
The firm revised its fiscal year 2025-2026 EPS estimates upward slightly after Walmart posted strong Q3 results, with comp growth and EBIT figures surpassing expectations. This performance, particularly a 5.3% U.S. comp growth, suggesting continued market share gains in several categories including grocery and general merchandise, shows an improvement over recent years.
Here are the latest investment ratings and price targets for $Walmart (WMT.US)$ from 14 analysts:
Note:
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