What's the future of Walmart stock? (2024)

What's the future of Walmart stock?

WMT Stock 12 Months Forecast

Is Walmart stock expected to go up?

Walmart Stock Forecast

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 62.21, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 1.52% from the current stock price of 61.28.

Is Walmart a good investment 2024?

Some foresee a year-end target of $166, while others have bolder projections, aiming for $188 by the close of the year. These forecasts reflect a positive outlook for Walmart's performance in 2024, as the retail giant continues to leverage its formidable presence and adapt to changing market dynamics.

What will Walmart stock be in 5 years?

Walmart stock price stood at $59.30

According to the latest long-term forecast, Walmart price will hit $80 by the end of 2024 and then $85 by the middle of 2025. Walmart will rise to $95 within the year of 2026, $100 in 2027, $110 in 2028, $125 in 2029 and $150 in 2032.

Is Walmart a good growth stock?

WMT boasts an average earnings surprise of 7.3%. On a historic basis, Walmart has generated cash flow growth of 3.5%, and is expected to report cash flow expansion of 6% this year. With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, WMT should be on investors' short lists.

Is Walmart smart to invest in?

Walmart is a safe stock that has a long track record of raising its dividend, but investors should understand that that's what they're paying up for. For the right kind of investor, Walmart is a smart buy. It's a well-managed, dividend-paying recession-proof business.

Is Walmart still a good investment?

Walmart has 44.50% upside potential, based on the analysts' average price target. Is WMT a Buy, Sell or Hold? Walmart has a conensus rating of Strong Buy which is based on 24 buy ratings, 3 hold ratings and 0 sell ratings.

Is Walmart a long term investment?

This part of its business produced fiscal 2024 revenue of $114.6 billion, up over 13% from 2023. A long history of dividends adds the icing on the cake, providing a source of passive income. These various factors combine to make Walmart a worthy long-term investment.

Should I sell Walmart stock now?

Is Walmart stock a Buy, Sell or Hold? Walmart stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 95 buy ratings, 5 hold ratings, and 0 sell ratings.

What is a good reason to invest in Walmart?

Good reasons to consider buying Walmart

It has textbook moats of cost advantages and economies of scale. The company generates strong cash flow. Few businesses are as resilient as Walmart. The discount retailer also continues to deliver solid growth.

Which stock to buy for next 5 years?

Who holds the most Walmart stock?

What is the 10 year return on Walmart stock?

Walmart Inc. had a return of 16.86% year-to-date (YTD) and 36.16% in the last 12 months. Over the past 10 years, Walmart Inc. had an annualized return of 11.82%, outperforming the S&P 500 benchmark which had an annualized return of 10.91%.

Is Walmart a safe stock to invest in?

From fiscal 2024 to fiscal 2026, analysts expect Walmart's revenue to rise at a CAGR of 4% as its EPS grows at a CAGR of 35%. Its stock still looks reasonably valued at 26 times forward earnings, its dividend offers a decent forward yield of 1.4%, and management has raised the payout annually for 51 consecutive years.

Is Walmart a high risk stock?

Walmart Investment Opportunity

Walmart has a volatility of 0.89 and is 1.44 times more volatile than NYSE Composite. 7 of all equities and portfolios are less risky than Walmart.

Is Walmart a profitable stock?

The Bottom Line on WMT Stock

Overall, Walmart is fastly digitizing with significant upsides in terms of revenue and margins. Investors should keep the stock on its watch list as it offers the stability of a well-established company while seemingly offering amazing growth for the next decade.

Will Walmart stock split in 2024?

Walmart's common stock will begin trading on a post-split basis at the market open on Monday, Feb. 26, 2024, under the company's existing trading symbol “WMT.” The stock split and final ratio were approved by Walmart's board.

Is Walmart stock Undervalued?

Based on the DCF valuation, the stock is undervalued. The DCF value of $174.70 per share is higher than the current market price of $163.24. The Margin of Safety is 6.56%.

Is Walmart dividend good?

Walmart Raises Annual Dividend 9 Percent to $0.83 per Share, the Largest Increase in Over 10 Years, Marking 51st Consecutive Year of Dividend Increases. “Dividends continue to be a part of our diversified capital returns approach. We're proud to be increasing our annual dividend for the 51st consecutive year.

Why is Walmart a good long term investment?

Stability and Brand Name. With Walmart, it is pretty well-known what an investor is going to get from an operational perspective. Walmart remains a stable company that should be viewed as a long-term blue-chip investment. Roughly 75% of Walmart's store management began their careers as hourly employees with the company ...

Why is Walmart stock dropping?

The Stock Slides Because Expectations Were Just Too High. Walmart posted a solid third quarter and raised fiscal-year guidance. But investors were expecting more from the world's largest retailer, sending the stock lower Thursday.

Why is Walmart stock decreasing?

Walmart (WMT): Shares dropped more than 12% as the company reported better-than-expected financial results but a gloomy outlook took precedence for investors.

What if I invested 1000 in Walmart 10 years ago?

And if you had invested $1,000 into Walmart a decade ago, your investment would have more than doubled in value and be worth about $2,443 as of Nov.

What is the 12 month forecast for Walmart stock?

Based on analysts offering 12 month price targets for WMT in the last 3 months. The average price target is $85.55 with a high estimate of $228 and a low estimate of $58.99.

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