Barclays analyst Seth Sigman maintains $Walmart (WMT.US)$ with a buy rating, and adjusts the target price from $78 to $90.
According to TipRanks data, the analyst has a success rate of 52.2% and a total average return of -9.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Walmart (WMT.US)$'s main analysts recently are as follows:
The firm adjusted its fiscal 2025 earnings estimates owing to better performance in Q3 and updated Q4 estimates to account for stronger sales momentum, ongoing investments, and adverse currency effects. On a constant-currency basis, there are stronger underlying trends.
Walmart is capitalizing on its price and cost leadership capabilities by using its scale and technology to expand market share and enhance its alternative revenue streams, according to analysts.
Walmart is demonstrating potential for sustained growth as it transitions into the next phase of its lifecycle, reminiscent of its previous evolution from big boxes to supercenters. This transformation suggests that Walmart should continue to be considered a core, long-term holding.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
