Walmart (WMT) Stock Forecast & Long-Term Predictions

• Price Today — 94.87 USD $.
• Price at Q4 of 2024 — $85.53-$111.95.
• Price for next year 2025 — $161.40-$189.48.
• Long-term price 2025-2030 — $161.40-$233.32.

On November 27, 2024, Walmart updated the historical maximum. Experts think it can go up more. The reason is preparations for the holiday season. Walmart uses strategies aimed at attracting thrifty consumers. Of the 42 analysts surveyed by Investing.com, 38 gave the asset a buy rating. The 12-month average target price is $95.44.

Technical analysis indicators suggest buying on majority timeframes. There are signs of a long-term bullish trend. They include:

• Moving averages below the chart line;

• The ratio of short-term to long-term moving averages;

• MACD, Ultimate Oscillator, Bull/Bear Power indicators, etc. 

There are slight signs of a short-term correction. Technical analysis indicators suggest strong sell on lower time frame (15M).

The price is at the top of the Bollinger Bands (monthly and weekly chart). It has bounced from it many times. RSI is over 80 on the 1W and 1MN timeframes. If the price drops, it probably will for a short time. 

The nearest support is $84.96. There is no strong resistance. And we may see the pattern Bullish Engulfing on the chart.

Walmart's revenue and earnings have grown by 16% and 15% over the past three years. Analysts expect Walmart to do well financially over the next five years. They note an increase in higher-income shoppers at Walmart. It highlights the success of Walmart's investments in e-commerce.

All the recent predictions are optimistic. Justin Pope believes the issuer will outperform the stock exchange. The bullish scenario is for a 2-fold growth. This makes the stock attractive to add to the portfolio.

The bulls say the company has these strengths:

• Plans to expand advertising;

• E-commerce revenue growth;

• Competitive pricing and cost reduction.

The current P/E multiple is higher than the industry average, but lower than that of the main competitor. This also indicates the potential for capital growth.

The company has good cash flow. The stock is a good investment because of the dividends. The payout has been increasing for over 50 years.

Pessimists think WMT may face two big problems. The first is the economic downturn and high interest rates. This can lead to less consumer spending.

The business is focused on low prices. During an economic recession, more customers will buy from them. Telsey Advisory of Joseph Feldman believes that Walmart can expand its market share.

A second problem is a new US law on retail regulation.

In August, the company released a strong report for the second quarter of its fiscal year. It reported growth in the number of stores and sales. This result shows the good performance of all business segments. This led many analysts to raise their price targets. They recommend buying WMT. 

Experts estimate Walmart's stock as follows:

• $97 — Roth MKM;

• $100 — Morgan Stanley;

• $105 — B of A Securities.

The company did well in early 2024 because it started selling advertising and Walmart Plus memberships. These activities are more profitable than the core business. They helped the company make more money.

All revenue, EPS and net profit forecasts predict growth. But experts think the company’s quotations will stagnate or fall next year. The expectations are negative: 

• $78.3 — WalletInvestor;

• $79.02 — Stockscan; 

• $85.33 — Coincodex.

But CoinPriceForecast predicts raising of WMT to $143.46. BeatMarket shares this optimism. 

Experts at The Motley Fool say the key issue for WMT in the coming years is whether it can keep up with e-commerce. It has already made big progress in delivery and self-delivery.

Macroeconomic uncertainty affects prices. The Fed rate brokerage will increase capitalization, which experts project will lead to higher stock prices.

• $97.93— Coincodex;

• $160.85 — Gov.capital;

• $169.53 — CoinPriceForecast.

There are also pessimistic scenarios — $86.06 by Stockraven and $63.833 by  WalletInvestor.

The Stock Analysis service says EPS will be between $3.04 and $3.27 in 2027. In 2023, this indicator was $1.91. These expectations make it possible for experts to suggest optimistic scenarios:

• $94.09 — Stockraven;

• $97.59 — Coincodex;

• $176.78 — CoinPriceForecast.

Stockscan and WalletInvestor are pessimistic. They promise the $80.83 and $52.449 respectively. 

BeatMarket analysts are optimistic. They believe the company will strengthen its most profitable lines of business.

In 2028, revenue is expected to be between $790.9 billion and $847.4 billion. EPS could rise to $3.63. Most experts believe the company will meet this years’ target for the next 5 years. Forecasting services name the following target levels:

• $42.529 — WalletInvestor;

• $99.7 — Stockraven;

• $192.46 — CoinPriceForecast.

Coincodex gives for WMT wide range from $23.08 to $ 110.69. BeatMarket analysts are optimistic. We believe Walmart will succeed this year.