JPMorgan Chase & Co. Cuts Walmart (NASDAQ:WMT) Price Target to $125.00

Walmart (NASDAQ:WMT) had its target price lowered by JPMorgan Chase & Co. from $137.00 to $125.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the retailer’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 21.19% from the stock’s current price.

Several other equities analysts have also commented on the stock. Gordon Haskett lowered shares of Walmart from a “buy” rating to an “accumulate” rating in a research report on Thursday. Wells Fargo & Company dropped their price target on Walmart from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday. Cantor Fitzgerald upgraded Walmart to a “buy” rating in a research report on Friday. Truist Financial set a $114.00 target price on Walmart in a report on Friday. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a report on Friday. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $133.82.

Walmart Price Performance

Walmart stock traded down $0.70 during mid-day trading on Friday, hitting $103.14. The stock had a trading volume of 24,071,623 shares, compared to its average volume of 25,482,416. Walmart has a one year low of $95.42 and a one year high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $820.80 billion, a P/E ratio of 36.19, a P/E/G ratio of 4.27 and a beta of 0.61. The firm’s 50 day moving average is $113.69 and its 200 day moving average is $121.39.

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

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 3,710 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $113.10, for a total transaction of $419,601.00. Following the transaction, the executive vice president owned 626,299 shares of the company’s stock, valued at approximately $70,834,416.90. This trade represents a 0.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares of the company’s stock, valued at $14,985,527.94. The trade was a 8.74% decrease in their position. 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. Insiders sold 54,164 shares of company stock valued at $6,389,402 over the last quarter. 0.09% of the stock is owned by company insiders.

Hedge Funds Weigh In On Walmart

A number of large investors have recently added to or reduced their stakes in WMT. Advisortrust Partners LLC lifted its holdings in shares of Walmart by 20.2% during the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after purchasing an additional 11,283 shares during the last quarter. Union Bancaire Privee UBP SA boosted its holdings in Walmart by 253.3% in the first quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock worth $47,728,000 after acquiring an additional 275,337 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Walmart by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock worth $300,333,000 after acquiring an additional 68,632 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Walmart by 42.1% during the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock valued at $30,676,000 after acquiring an additional 81,635 shares in the last quarter. Finally, HORAN Wealth LLC increased its holdings in shares of Walmart by 55.7% during the first quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock valued at $9,931,000 after acquiring an additional 29,184 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart exceeded second-quarter expectations with adjusted EPS of $0.81 versus the $0.74 consensus and revenue of $187.9 billion, up 5.9% year over year. The company also raised its fiscal 2027 outlook. Walmart quarterly earnings report
• Positive Sentiment: Digital operations remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These businesses are helping offset slower growth in traditional stores. Walmart reports revenue growth
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to support price reductions, potentially strengthening its value proposition and customer traffic. The company will also begin accepting Apple Pay and Google Pay at Walmart and Sam’s Club stores. Walmart adds Apple Pay and Google Pay
• Neutral Sentiment: Wells Fargo, RBC, Robert W. Baird and BTIG all reduced their Walmart price targets following the earnings release, but maintained bullish ratings ranging from “overweight” to “buy.” The revisions indicate reduced near-term expectations rather than a broad change in long-term sentiment. Analysts lower Walmart forecasts
• Negative Sentiment: U.S. comparable sales grew 2.6%, well below the roughly 3.5%–3.7% analysts expected and the weakest growth in more than six years. Higher fuel and living costs are prompting consumers to cut back and make trade-offs. Reuters Walmart sales report
• Negative Sentiment: Fiscal third-quarter revenue and EPS guidance came in below Wall Street expectations. Management also cited the timing of Flipkart’s promotional event as a headwind, while price investments could pressure margins and profits in the near term. Investopedia Walmart forecast report

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.