What is the prediction for Walmart stock? (2024)

What is the prediction for Walmart stock?

Walmart Stock Forecast

What's the future of Walmart stock?

WMT Stock 12 Months Forecast

Based on 27 Wall Street analysts offering 12 month price targets for Walmart in the last 3 months. The average price target is $85.55 with a high forecast of $228.00 and a low forecast of $58.99. The average price target represents a 41.03% change from the last price of $60.66.

What will Walmart stock price be in 2025?

How much will Walmart stock be in 5 years?

Walmart stock price stood at $61.02

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

What is the price target for Walmart?

What is the 12 month forecast for Walmart stock?

Walmart Stock Forecast

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 62.54, with a low estimate of 54.33 and a high estimate of 76.

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.

Who holds the most Walmart stock?

Which stock will go up in next 5 years?

How much was Walmart stock in 1972?

The closing price for Walmart (WMT) in 1972 was $0.04, on December 29, 1972. It was up 6% for the year.

How much was $1000 in Walmart stock 1970?

Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of 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%.

What is the highest 5 year stock returns?

Is Walmart a buy sell or hold today?

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.

Who are Walmart's biggest competitors?

Walmart competitors include Costco, Amazon, Rakuten, Target and Sears Holdings Corporation. Walmart ranks 4th in Diversity Score on Comparably vs its competitors.

Why is Walmart so much bigger than Target?

The biggest contributing factor to Walmart's dominance is its inclusion of groceries. Even though most Target locations now offer food, CNBC noted last year that “groceries account for 56% of Walmart's annual revenue, compared with just about 20% at Target, according to company filings.

Who owns the other 50% of Walmart?

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

Is Amazon a buy or sell?

Amazon is holding a Zacks Rank of #2 (Buy) right now. Looking at valuation, Amazon is presently trading at a Forward P/E ratio of 42.97. For comparison, its industry has an average Forward P/E of 20.78, which means Amazon is trading at a premium to the group.

Does Vanguard own Walmart?

Who is the largest shareholder of Walmart? The largest shareholder of Walmart is the Walton family, who owns more than half of all Walmart shares. The second largest shareholder in Walmart is the Vanguard Group, who holds around 5% of total Walmart shares.

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.

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.

Is Walmart stock safe?

Walmart (NYSE:WMT) is generally a safe and stable stock to own. The company is the largest retailer in the world with a massive presence in North America. It's the go-to option for many consumers, regardless of economic cycle.

Does Warren Buffett own Walmart?

World's third richest person Warren Buffet's Berkshire Hathaway has sold its last Walmart shares, ending a relationship of over 20 years. The world's largest retailer was once among Berkshire's five biggest equity holdings as recently as 2014, valued at over $5 billion.

Who are the top 5 shareholders of Walmart?

How much of Walmart does China own?

It is no secret that China and the United States have significant trade relations, with products flowing back and forth between the two countries. However, when it comes to the ownership of Walmart stores in America, there is no evidence to suggest that China holds any ownership stake.