BUZZ-Street View: Brokerages bullish on Walmart despite weak 2026 view

Updates

Walmart WMT.N on Thursday forecast sales for fiscal year 2026 below Wall Street estimate, signaling that the world's largest retailer expects inflation-weary consumers to pull back after several quarters of solid growth

Shares down 1.6% at $95.66

Five brokerages cut PTs on stock, while four raise targets

Average rating of 43 brokerages covering WMT is "buy" with median PT of $110, according to data compiled by LSEG

WALMART'S MARKET MASTERY A VALUE BUYERS' DREAM

J.P.Morgan ("overweight", PT: $112) is optimistic about WMT, highlighting strong growth in traditional retail drivers and strategic reinvestments

RBC Capital Markets ("outperform", PT: $107) says WMT's fundamentals remain strong despite disappointing FY26 projection

Jefferies ("buy", PT: $120) views WMT's FY forecast as conservative, expecting the company to exceed its targets with accelerating profit growth compared to the last two years

Deutsche Bank ("buy", PT: $113) says given WMT's history of conservative guidance, the setup from here is for beats and raises

Telsey Advisory Group ("outperform" PT:$115) says WMT's business momentum remains solid; early success is visible from higher engagement, share gains across consumers of all incomes, especially upper-income households