Analysts’ Recent Ratings Updates for Walmart (WMT)

A number of research firms have changed their ratings and price targets for Walmart (NASDAQ: WMT):

• 9/10/2026 – Walmart had its “overweight” rating reaffirmed by KeyCorp.
• 9/10/2026 – Walmart had its “buy” rating reaffirmed by DA Davidson. They now have a $132.00 price target on the stock.
• 9/10/2026 – Walmart had its “buy” rating reaffirmed by BTIG Research. They now have a $140.00 price target on the stock.
• 8/31/2026 – Walmart had its “buy” rating reaffirmed by Tigress Financial. They now have a $155.00 price target on the stock.
• 8/25/2026 – Walmart had its “market perform” rating reaffirmed by Oppenheimer Holdings, Inc..
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $120.00 price target on the stock.
• 8/21/2026 – Walmart was given a new $113.00 price target by Deutsche Bank Aktiengesellschaft.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Telsey Advisory Group. They now have a $130.00 price target on the stock, down from $140.00.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $130.00 price target on the stock.
• 8/21/2026 – Walmart was given a new $125.00 price target by Evercore Inc.
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by Roth Capital.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by TD Cowen.
• 8/21/2026 – Walmart had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $125.00 price target on the stock, down from $140.00.
• 8/21/2026 – Walmart had its “overweight” rating reaffirmed by Piper Sandler. They now have a $128.00 price target on the stock, down from $137.00.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $126.00 price target on the stock.
• 8/21/2026 – Walmart was given a new $114.00 price target by Truist Financial Corporation. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart was given a new $128.00 price target by Piper Sandler. They now have an “overweight” rating on the stock.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Wolfe Research. They now have a $115.00 price target on the stock.
• 8/21/2026 – Walmart was upgraded by Cantor Fitzgerald to “buy”.
• 8/21/2026 – Walmart was given a new $132.00 price target by DA Davidson. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart was given a new $130.00 price target by Guggenheim. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $130.00 price target on the stock.
• 8/21/2026 – Walmart had its price target lowered by Citigroup Inc. from $147.00 to $132.00. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by BNP Paribas Exane. They now have a $137.00 price target on the stock, down from $146.00.
• 8/21/2026 – Walmart had its price target lowered by JPMorgan Chase & Co. from $137.00 to $125.00. They now have an “overweight” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by UBS Group AG from $141.00 to $130.00. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by Wells Fargo & Company from $140.00 to $120.00. They now have an “overweight” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by Royal Bank Of Canada from $137.00 to $131.00. They now have an “outperform” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by Robert W. Baird from $140.00 to $120.00. They now have an “outperform” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by BTIG Research from $145.00 to $140.00. They now have a “buy” rating on the stock.
• 8/20/2026 – Walmart was upgraded by Freedom Broker from “hold” to “strong-buy”.
• 8/20/2026 – Walmart was upgraded by Freedom Capital from “hold” to “strong-buy”.
• 8/20/2026 – Walmart was downgraded by Gordon Haskett from “buy” to “accumulate”.
• 8/19/2026 – Walmart was downgraded by Oppenheimer Holdings, Inc. from “market perform” to “cautious”.
• 8/17/2026 – Walmart had its “buy” rating reaffirmed by Guggenheim. They now have a $135.00 price target on the stock, down from $137.00.
• 8/17/2026 – Walmart had its “buy” rating reaffirmed by DA Davidson. They now have a $150.00 price target on the stock.
• 8/12/2026 – Walmart had its “overweight” rating reaffirmed by KeyCorp.
• 8/12/2026 – Walmart had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $137.00 price target on the stock.
• 8/4/2026 – Walmart had its “buy” rating reaffirmed by UBS Group AG.
• 8/4/2026 – Walmart was downgraded by Oppenheimer Holdings, Inc. from “outperform” to “market perform”.
• 7/31/2026 – Walmart was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 7/31/2026 – Walmart was given a new $142.00 price target by Sanford C. Bernstein. They now have an “outperform” rating on the stock.
• 7/27/2026 – Walmart was given a new $130.00 price target by Mizuho.
• 7/22/2026 – Walmart had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $137.00 price target on the stock.

Insider Buying and Selling at Walmart

In related news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares of the company’s stock, valued at $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Daniel J. Bartlett sold 3,950 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total transaction of $415,303.00. Following the completion of the transaction, the executive vice president owned 622,349 shares in the company, valued at $65,433,773.86. This represents a 0.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 67,879 shares of company stock worth $7,235,277. Company insiders own 0.09% of the company’s stock.

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.