BTIG Research Cuts Walmart (NASDAQ:WMT) Price Target to $140.00

Walmart (NASDAQ:WMT) had its target price reduced by BTIG Research from $145.00 to $140.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a buy rating on the retailer’s stock.

Other equities research analysts have also issued research reports about the stock. DA Davidson set a $132.00 target price on shares of Walmart and gave the stock a “buy” rating in a report on Friday. Tigress Financial reiterated a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a report on Friday, May 29th. UBS Group reiterated a “buy” rating on shares of Walmart in a report on Tuesday, August 4th. Erste Group Bank lowered shares of Walmart from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Wolfe Research reissued an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus target price of $131.88.

Walmart Stock Performance

NASDAQ:WMT opened at $103.70 on Friday. The stock’s fifty day moving average is $113.35 and its 200 day moving average is $121.24. Walmart has a fifty-two week low of $95.42 and a fifty-two week high of $135.15. The firm has a market capitalization of $825.25 billion, a PE ratio of 37.44, a PEG ratio of 3.91 and a beta of 0.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.Walmart’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the company earned $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, sell-side analysts anticipate that Walmart will post 2.86 earnings per share for the current year.

Insider Activity

In related news, EVP Latriece Watkins sold 11,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. This trade represents a 8.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the sale, the executive vice president owned 569,153 shares of the company’s stock, valued at $60,523,730.02. The trade was a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 57,064 shares of company stock valued at $6,697,788. Insiders own 0.09% of the company’s stock.

Institutional Trading of Walmart

Several institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE purchased a new position in shares of Walmart during the second quarter valued at $7,455,131,000. Norges Bank bought a new stake in shares of Walmart in the fourth quarter valued at about $6,458,529,000. Legal & General Group Plc purchased a new stake in Walmart in the second quarter worth about $2,905,655,000. AQR Capital Management LLC lifted its stake in Walmart by 188.1% in the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after acquiring an additional 7,614,172 shares during the period. Finally, Canada Pension Plan Investment Board bought a new position in Walmart during the 2nd quarter worth about $796,677,000. Institutional investors own 26.76% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

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.