Walmart (WMT) August 69 straddle into quarter results

DA Davidson Reiterates Buy Rating on Walmart (WMT)

DA Davidson analyst Katy Hallberg reiterated a Buy rating and $85.00 price target on Walmart (NYSE: WMT).

The analyst comments "We hosted a call with Walmarts CFO John David Rainey and SVP, Investor Relations Steph Wissink on Friday afternoon,... More

Walmart (WMT) PT Raised to $80 at RBC Capital

RBC Capital analyst Steven Shemesh raised the price target on Walmart (NYSE: WMT) to $80.00 (from $74.00) while maintaining a Outperform rating.

The analyst comments "WMT posted impressive top-line growth, which appears to be a function of market share gains, not U.S. consumer... More

Walmart (WMT) PT Raised to $82 at Morgan Stanley

Morgan Stanley analyst Simeon Gutman raised the price target on Walmart (NYSE: WMT) to $82.00 (from $75.00) while maintaining a Overweight rating.

The analyst comments "Deriving our SOTP-backed PT of $82. We are raising our PT to $82 (from $75) for ~10% upside. Our SOTP methodology is built from these... More

Deutsche Bank Reiterates Buy Rating on Walmart (WMT)

Deutsche Bank analyst Paul Trussell reiterated a Buy rating and $77.00 price target on Walmart (NYSE: WMT).

The analyst comments "WMT International delivered another impressive quarter, led by Walmex, China, and Flipkart. SSS, by our calculation, increased +6.2% vs. +8.2% in 1Q, driven by momentum in food and consumables, as well as improved general merchandise performance,... More

Walmart (WMT) PT Raised to $81 at Roth/MKM

Roth/MKM analyst Bill Kirk raised the price target on Walmart (NYSE: WMT) to $81.00 (from $71.00) while maintaining a Buy rating.

The analyst comments "Traditionally, Walmart competed primarily on value, but increased e-commerce adoption and investment now allows Walmart to compete on the equally important, and... More

Walmart (WMT) PT Raised to $85 at BofA Securities

BofA Securities analyst Robert Ohmes raised the price target on Walmart (NYSE: WMT) to $85.00 (from $75.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy on WMT and raise PO to $85 (was $75) based on 32x our +5c F26E... More

Citi Reiterates Buy Rating on Walmart (WMT)

Citi analyst Paul Lejuez reiterated a Buy rating and $75.00 price target on Walmart (NYSE: WMT).

The analyst comments "WMT posted another beat, with sales, GM and EPS above consensus and guidance. US comps +4.2% (vs cons of +3.7%, though the bar was closer to... More

DA Davidson on Walmart (WMT) Post Earnings: Remains a Best-of-Breed Bison Name, 'one of our top picks of the year'

DA Davidson analyst Katy Hallberg reiterated a Buy rating and $75.00 price target on Walmart (NYSE: WMT).

The analyst comments "Walmart continues to take share and because of that, is providing a much different tone with respect to business trends relative to... More

Stifel Reiterates Hold Rating on Walmart (WMT)

Stifel analyst Mark Astrachan reiterated a Hold rating and $73.00 price target on Walmart (NYSE: WMT).

The analyst comments "Walmart reported solid F2Q25 results and raised F2025 sales, EBIT, and EPS growth expectations. U.S. comp growth of 4.2% (consensus ~3.4%) was comprised of 0.6% ticket and 3.6%... More

Walmart (WMT) stock jumps on earnings beat, strong eCommerce growth

(Updated - August 15, 2024 9:43 AM EDT)

Walmart (NYSE: WMT) reported its second-quarter earnings on Thursday, topping analyst expectations. The retail giant's shares jumped more than 7% at the open, with the company's strong earnings driven by robust eCommerce growth and improved margins.

Walmart posted adjusted earnings per share of $0.67, beating the analyst estimate of $0.64. Revenue for the quarter was $169.3 billion, exceeding the consensus estimate of $168.52 billion and representing a 4.8% increase year over year.

The company's global eCommerce sales grew 21%, led by store-fulfilled pickup and delivery services and marketplace growth. Walmart's consolidated... More