Walmart (NASDAQ:WMT) Price Target Cut to $120.00 by Analysts at Robert W. Baird

Walmart (NASDAQ:WMT) had its price objective lowered by investment analysts at Robert W. Baird from $140.00 to $120.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the retailer’s stock. Robert W. Baird’s price objective would indicate a potential upside of 15.56% from the company’s current price.

A number of other brokerages have also recently weighed in on WMT. Sanford C. Bernstein set a $142.00 price target on shares of Walmart and gave the company an “outperform” rating in a research report on Friday, July 31st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. Evercore reiterated an “outperform” rating on shares of Walmart in a report on Monday, May 18th. Erste Group Bank lowered Walmart from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Finally, DA Davidson set a $132.00 price target on Walmart in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $137.41.

Walmart Price Performance

NASDAQ:WMT opened at $103.84 on Friday. Walmart has a 52 week low of $95.42 and a 52 week high of $135.15. The stock’s fifty day moving average is $113.69 and its two-hundred day moving average is $121.39. The company has a market capitalization of $826.37 billion, a P/E ratio of 36.44, a P/E/G ratio of 4.27 and a beta of 0.61. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The business had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.62 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities analysts expect that Walmart will post 2.88 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $118.19, for a total transaction of $342,751.00. Following the completion of the transaction, the executive vice president directly owned 574,953 shares of the company’s stock, valued at $67,953,695.07. The trade was a 0.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,710 shares of Walmart stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total transaction of $419,601.00. Following the sale, the executive vice president owned 626,299 shares in the company, valued at $70,834,416.90. This represents a 0.59% decrease in their ownership of the stock. 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 90 days, insiders sold 54,164 shares of company stock valued at $6,389,402. 0.09% of the stock is owned by company insiders.

Institutional Trading of Walmart

Several institutional investors and hedge funds have recently made changes to their positions in WMT. Merkkuri Wealth Advisors LLC purchased a new position in shares of Walmart during the first quarter worth approximately $29,000. Entrust Financial LLC purchased a new stake in Walmart in the 4th quarter valued at $27,000. Bay Harbor Wealth Management LLC raised its position in Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares during the last quarter. Sankala Group LLC acquired a new stake in Walmart during the 4th quarter worth $33,000. Finally, Turim 21 Investimentos Ltda. acquired a new stake in Walmart during the 1st quarter worth $37,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Walmart

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, exceeding consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart quarterly earnings report
• Positive Sentiment: Growth businesses remained strong: global e-commerce sales rose 23%, advertising revenue increased 38% and global membership revenue grew 17%. Gross-profit margin also improved, helped partly by tariff-related benefits. Walmart revenue growth release
• Positive Sentiment: Management raised its full-year fiscal 2027 outlook and expects to use approximately $2.9 billion in tariff refunds to support price cuts, potentially strengthening Walmart’s value proposition with financially pressured shoppers. Walmart tariff refund price cuts
• Neutral Sentiment: Some analysts view the selloff as a potential entry point, citing Walmart’s scale, international operations, digital growth, advertising business and margin gains. However, its roughly 36 times earnings valuation leaves less room for execution disappointments. Walmart post-earnings buying opportunity
• Negative Sentiment: U.S. comparable sales increased just 2.6%, below expectations near 3.5% and the weakest growth in more than six years. Investors interpreted the result as evidence that higher energy costs and inflation are forcing consumers to reduce or reprioritize spending. Reuters Walmart sales miss article
• Negative Sentiment: Fiscal third-quarter guidance was below Wall Street expectations: EPS of $0.62–$0.64 versus an estimated $0.68, and revenue of $183.1–$184.5 billion versus approximately $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. Investopedia Walmart guidance article
• Negative Sentiment: Gordon Haskett downgraded Walmart from “buy” to “accumulate,” reinforcing concerns that the stock’s premium valuation is vulnerable to slower U.S. sales growth and margin pressure from price investments.

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.