Walmart Inc. (NYSE:WMT) is a global retail giant known for its extensive chain of hypermarkets, discount department stores, and grocery stores. Competing with other major retailers like Amazon and Target, Walmart has a significant presence in the retail sector. On February 28, 2025, Barclays maintained its "Overweight" rating for Walmart, suggesting confidence in the company's performance. At that time, the stock was priced at $97.78, and the recommendation was to hold.
Recently, Walmart's stock saw a notable increase, rising over 4% following an upgrade from DZ Bank's analyst Mike Pohn. He changed his recommendation from hold to buy, setting a price target of $110 per share. This target is nearly 13% higher than Walmart's most recent closing price, indicating strong potential for growth. The upgrade came as Walmart released its fiscal 2025 results, which showed a 4% year-over-year revenue increase to nearly $181 billion.
Walmart's stock performance contrasts with the broader market, as the S&P 500 index closed nearly 0.5% lower on the same day. This divergence highlights the positive sentiment surrounding Walmart, driven by its strong financial results and the analyst upgrade. The company's non-GAAP earnings per share improved by 10%, further boosting investor confidence.
Currently, Walmart's stock is trading at $97.80, reflecting a 1.04% increase with a price change of $1.01. The stock's daily trading range has seen a low of $97.17 and a high of $98.23. Over the past year, Walmart's stock has reached a high of $105.30 and a low of $58.20, showcasing its volatility. With a market capitalization of approximately $785.63 billion and a trading volume of 8.2 million shares, Walmart remains a key player in the retail industry.