Walmart Stock Price Prediction: Analyst Sees 17.27% Upside

Walmart (NASDAQ:WMT) has seen its stock price drop by nearly 17% from its year-to-date high on May 19. However, this correction provides investors with a more attractive entry point.

The retail giant's recent earnings report showed revenue of $175.684 billion, up 6.08% year over year, and adjusted EPS of 66 cents, beating consensus estimates.

Walmart's global e-commerce growth reached 26%, advertising surged 37%, and U.S. comp sales rose 4.1% ex-fuel in Q1 FY27.

Our 24/7 Wall St. Price Target for Walmart is $131.04 over the next 12 months, implying a 17.27% upside from current levels, with a BUY rating and 90% confidence.