Walmart (NYSE:WMT) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Walmart (NYSE:WMT) had its price target upped by stock analysts at JPMorgan Chase & Co. from $127.00 to $128.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the retailer’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 23.76% from the company’s current price.

Several other equities analysts also recently commented on the company. Evercore ISI restated an “outperform” rating and issued a $111.00 price objective (up from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. Royal Bank Of Canada set a $116.00 price target on Walmart and gave the company an “outperform” rating in a report on Wednesday, October 29th. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Piper Sandler restated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Finally, UBS Group restated a “buy” rating and set a $122.00 price target (up previously from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Thirty-two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $113.43.

Walmart Price Performance

Shares of NYSE:WMT opened at $103.43 on Monday. The company has a market capitalization of $824.63 billion, a PE ratio of 38.88, a PEG ratio of 4.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart has a 1-year low of $79.81 and a 1-year high of $109.57. The business has a fifty day moving average price of $103.25 and a 200-day moving average price of $99.60.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities analysts expect that Walmart will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total value of $222,596.00. Following the completion of the sale, the executive vice president owned 619,518 shares in the company, valued at approximately $62,682,831.24. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the sale, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. This represents a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 151,038 shares of company stock valued at $15,531,616. 0.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Collier Financial acquired a new position in Walmart in the 3rd quarter valued at about $25,000. Access Investment Management LLC acquired a new stake in shares of Walmart in the second quarter worth approximately $26,000. Your Advocates Ltd. LLP acquired a new stake in shares of Walmart in the third quarter worth approximately $28,000. Redmont Wealth Advisors LLC purchased a new stake in Walmart in the third quarter valued at approximately $30,000. Finally, Operose Advisors LLC increased its position in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.