Goldman Sachs boosts Walmart price target to USD 132
On September 8, 2026, Goldman Sachs raised its price target for Walmart stock from USD 130.00 to USD 132.00, maintaining a Buy rating. This adjustment comes as Walmart navigates a balance between growth investments and its premium valuation. The move follows the retailer's second-quarter results, which saw mixed reactions from other analysts. Wells Fargo cut its target from USD 140.00 to USD 120.00, while JPMorgan reduced its target from USD 137.00 to USD 125.00 on August 21, 2026.
Despite the differing opinions, Walmart's second-quarter performance showed strong results. The company reported revenue of USD 187.94 billion and adjusted earnings per share of USD 0.81, exceeding consensus estimates. Revenue grew by 5.9 percent compared to the prior-year quarter, and Walmart provided third-quarter fiscal 2027 adjusted earnings per share guidance of USD 0.62 to USD 0.64.
Walmart also introduced a new feature called Shop to Light on October 2, 2026. This digital tool uses illuminated shelf labels to help customers and store associates locate products, supporting online pickup and delivery fulfillment. The feature aligns with Walmart's omnichannel strategy and its extensive global retail network, serving approximately 270 million customers weekly.
As of October 5, 2026, Walmart stock was trading at EUR 92.75, up 0.05 percent from the previous close. The stock's market capitalization stood at USD 829.7 billion, with a 52-week range of USD 98.88 to USD 135.16.