Walmart (WMT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

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Walmart (WMT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

FAQs

Walmart (WMT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›

WMT Stock 12 Month Forecast

What is WMT price forecast? ›

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Walmart stock have an average target of 63.05, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 5.40% from the current stock price of 59.82.

What is the stock price forecast for Walmart in 2024? ›

The forecasted Walmart price at the end of 2024 is $79.11 - and the year to year change -50%. The rise from today to year-end: +32%. In the middle of 2024, we expect to see $59.85.

How much was $1000 in Walmart stock in 1970? ›

Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.

What is Walmart share price Zacks? ›

Price and Volume Information
Zacks Rank
Yesterday's Close59.71
52 Week High61.66
52 Week Low48.34
Beta0.49
2 more rows

Is WMT a good buy now? ›

The highest analyst price target is $75.99 ,the lowest forecast is $58.99. The average price target represents 8.32% Increase from the current price of $60.68. Walmart's analyst rating consensus is a Strong Buy. This is based on the ratings of 28 Wall Streets Analysts.

Should you buy WMT stock? ›

WMT is a Zacks Rank #2 (Buy) stock, with a Value Style Score of B and VGM Score of A. Shares are currently trading at a forward P/E of 25X for the current fiscal year compared to the Retail - Supermarkets industry's P/E of 12.3X. Additionally, WMT has a PEG Ratio of 3.8 and a Price/Cash Flow ratio of 15.9X.

Which stocks will boom in 2024? ›

2024's 10 Best-Performing Stocks
Stock2024 Return Through April 30
Trump Media & Technology Group Corp. (DJT)185.3%
Canopy Growth Corp. (CGC)191.2%
Super Micro Computer Inc. (SMCI)202.1%
Alpine Immune Sciences Inc. (ALPN)238.9%
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How much is Walmart worth in 2024? ›

$482.13 B

How much was Walmart stock in 1972? ›

The closing price for Walmart (WMT) in 1972 was $0.01, on December 29, 1972. It was up 7% for the year. The latest price is $59.49.

How many times has Walmart stock split since 1972? ›

Since going public, Walmart has done a total of 10 stock splits, including the recent one – where the last stock split was seen 25 years ago.

Who are the largest individual shareholders of Walmart? ›

The Walton family owns about 45% of Walmart's outstanding shares through the trust and their main investment vehicle, Walton Enterprises, data compiled by Bloomberg show. Alice, Jim and Rob Walton have a combined fortune of $274 billion, according to the Bloomberg Billionaires Index.

How many times has Walmart stock split since 1991? ›

Walmart stock (symbol: WMT) underwent a total of 10 stock splits.

Is Walmart stock undervalued or overvalued? ›

Fair Value Estimate for Walmart

With its 2-star rating, we believe Walmart's stock is overvalued compared with our long-term fair value estimate, which we have raised to $50 per share from $49 following its most recent earnings report and 3-for-1 stock split, primarily due to the time value of money.

Which stock are Zacks rank 1? ›

Zacks #1 Rank Top Movers for May 03, 2024
CompanySymbol%Chg
Chart Indus...GTLS Quick Quote GTLS+6.90%
Merchants B...MBIN Quick Quote MBIN+6.62%
Steel Dynam...STLD Quick Quote STLD+3.58%
AdecoagroAGRO Quick Quote AGRO+3.35%
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What will Walmart stock be worth in 5 years? ›

Long-Term Walmart Stock Price Predictions
YearPredictionChange
2025$ 64.228.24%
2026$ 69.5117.15%
2027$ 75.2326.80%
2028$ 81.4337.24%
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What is the 12 month price forecast for Walmart? ›

Based on analysts offering 12 month price targets for WMT in the last 3 months. The average price target is $65.86 with a high estimate of $75.9924 and a low estimate of $58.99.

What is the Walmart stock price forecast for next week? ›

The Walmart stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of WMT stock is predicted to rise by 0.33% tomorrow and lose -3.14% in the next 7 days.

Is Walmart a buy sell or hold? ›

Walmart stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 94 buy ratings, 5 hold ratings, and 0 sell ratings.

Who owns the other 50% of Walmart? ›

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

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