Walmart (NASDAQ:WMT) Receives “Outperform” Rating from Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Walmart (NASDAQ:WMT) in a research note released on Wednesday,Benzinga reports. They currently have a $135.00 price target on the retailer’s stock.

Several other equities analysts have also commented on WMT. Guggenheim reaffirmed a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Morgan Stanley restated an “overweight” rating and set a $125.00 price objective (up from $115.00) on shares of Walmart in a report on Friday, November 21st. JPMorgan Chase & Co. lifted their target price on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Cowen restated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Finally, Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective on the stock. Thirty-two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $122.70.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $120.04 on Wednesday. The company has a market cap of $956.74 billion, a P/E ratio of 41.97, a P/E/G ratio of 5.13 and a beta of 0.66. The business has a fifty day simple moving average of $110.79 and a 200-day simple moving average of $104.24. Walmart has a 52 week low of $79.81 and a 52 week high of $121.24. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts forecast that Walmart will post 2.55 EPS for the current year.

Insider Activity at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $114.91, for a total value of $1,508,193.75. Following the transaction, the executive vice president owned 733,841 shares in the company, valued at $84,325,669.31. The trade was a 1.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,425 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $117.00, for a total transaction of $166,725.00. Following the completion of the transaction, the executive vice president directly owned 641,363 shares of the company’s stock, valued at approximately $75,039,471. The trade was a 0.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 110,953 shares of company stock valued at $12,108,889. 0.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Walmart by 0.9% in the third quarter. Vanguard Group Inc. now owns 435,652,710 shares of the retailer’s stock worth $44,898,368,000 after buying an additional 3,835,200 shares during the last quarter. State Street Corp grew its holdings in Walmart by 1.2% during the 3rd quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after acquiring an additional 2,242,364 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its position in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Walmart by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after purchasing an additional 263,718 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Walmart in the 2nd quarter valued at about $5,367,770,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Major shop-floor analyst support: Telsey Advisory reaffirmed an “outperform” rating with a $135 price target, signaling street confidence in Walmart’s growth trajectory. Telsey Advisory Upholds Outperform on WMT
• Positive Sentiment: BTIG reaffirmed a “buy” rating and $125 price target, reinforcing near-term upside expectations tied to sales momentum. BTIG Reaffirms Buy on WMT
• Positive Sentiment: Goldman highlights early payoff from Walmart’s AI partnerships (Google Gemini, ChatGPT) and flags potential sales upside — a catalyst for revenue and margin improvement if AI initiatives scale. Goldman: Walmart AI Push Paying Off
• Positive Sentiment: Operational momentum: reports show Walmart closing the online gap with Amazon and hitting a 52-week high, supporting the view that execution and e-commerce gains are driving investor interest. Walmart Closing Amazon Online Sales Gap
• Positive Sentiment: Insider/management signal: Shishir Mehrotra disclosed a stock purchase (~$93K), which can be seen as modest insider confidence. Insider Buy by Shishir Mehrotra
• Neutral Sentiment: Index inclusion and momentum signals: coverage notes Walmart’s upcoming Nasdaq‑100 presence and Zacks style/momentum scores, which can boost passive flows but don’t guarantee sustained outperformance. Walmart Gaining Ahead of Nasdaq-100 Debut
• Neutral Sentiment: Market reallocation theme: commentary on a rotation to value highlights Walmart as a defensive, dividend-bearing consumer staple — supportive in a higher-rate or volatile market but less exciting for growth-focused investors. Tech Wreck or Valuation Reset? Rotating to Value
• Negative Sentiment: Valuation and sell-side skepticism: a Seeking Alpha author argues Walmart is overvalued and has sold shares, underscoring concerns that current multiples reflect elevated expectations. Walmart Is Overvalued — Seeking Alpha
• Negative Sentiment: Macro/operational risk reminders: Forbes and other pieces highlight what could push the stock down (rate risk, margins, competitive pressure), keeping a lid on valuation expansion if rates stay higher. What Can Send Walmart Stock Price Down?

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.