Walmart Stock Price Predicted to Hit $131.04 Over Next Year
Walmart's (NASDAQ: WMT) stock price has been on a rollercoaster ride, but according to our model, it still holds healthy runway for growth. Currently trading at $112.87, our 24/7 Wall St. Price Target sees the stock reaching $131.04 over the next 12 months, indicating a potential upside of 17.27%. This is reflected in our BUY rating with a confidence level of 90%.
The recent pullback has given investors an attractive entry point. Walmart's revenue and adjusted EPS beat consensus estimates in its Q1 FY27 report, with global eCommerce growing 26%, advertising surging 37%, and Walmart U.S. comp sales rising 4.1%. However, shares sold off 7.27% on this news.
Our model started with a trailing P/E-based price of $113.01 and a forward P/E-based price of $112.75, then applied a 30% weight to the analyst consensus target of $138.59. This resulted in a pre-adjustment weighted price of $120.55. Our 247Factor adjustment lifted the target to $131.04, reflecting 86% bullish analyst sentiment and moderate retail sentiment.