Walmart (WMT) – Research Analysts’ Recent Ratings Changes

Walmart (NASDAQ: WMT) recently received a number of ratings updates from brokerages and research firms:

• 8/25/2026 – Walmart had its “market perform” rating reaffirmed by Oppenheimer Holdings, Inc..
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $120.00 price target on the stock.
• 8/21/2026 – Walmart was given a new $113.00 price target by Deutsche Bank Aktiengesellschaft.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Telsey Advisory Group. They now have a $130.00 price target on the stock, down from $140.00.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $130.00 price target on the stock.
• 8/21/2026 – Walmart was given a new $125.00 price target by Evercore Inc.
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by Roth Capital.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by TD Cowen.
• 8/21/2026 – Walmart had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $125.00 price target on the stock, down from $140.00.
• 8/21/2026 – Walmart had its “overweight” rating reaffirmed by Piper Sandler. They now have a $128.00 price target on the stock, down from $137.00.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $126.00 price target on the stock.
• 8/21/2026 – Walmart was given a new $114.00 price target by Truist Financial Corporation. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart was given a new $128.00 price target by Piper Sandler. They now have an “overweight” rating on the stock.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by Wolfe Research. They now have a $115.00 price target on the stock.
• 8/21/2026 – Walmart was upgraded by Cantor Fitzgerald to “buy”.
• 8/21/2026 – Walmart was given a new $132.00 price target by DA Davidson. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart was given a new $130.00 price target by Guggenheim. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $130.00 price target on the stock.
• 8/21/2026 – Walmart had its price target lowered by Citigroup Inc. from $147.00 to $132.00. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart had its “outperform” rating reaffirmed by BNP Paribas Exane. They now have a $137.00 price target on the stock, down from $146.00.
• 8/21/2026 – Walmart had its price target lowered by JPMorgan Chase & Co. from $137.00 to $125.00. They now have an “overweight” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by UBS Group AG from $141.00 to $130.00. They now have a “buy” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by Wells Fargo & Company from $140.00 to $120.00. They now have an “overweight” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by Royal Bank Of Canada from $137.00 to $131.00. They now have an “outperform” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by Robert W. Baird from $140.00 to $120.00. They now have an “outperform” rating on the stock.
• 8/21/2026 – Walmart had its price target lowered by BTIG Research from $145.00 to $140.00. They now have a “buy” rating on the stock.
• 8/20/2026 – Walmart was upgraded by Freedom Broker from “hold” to “strong-buy”.
• 8/20/2026 – Walmart was upgraded by Freedom Capital from “hold” to “strong-buy”.
• 8/20/2026 – Walmart was downgraded by Gordon Haskett from “buy” to “accumulate”.
• 8/19/2026 – Walmart was downgraded by Oppenheimer Holdings, Inc. from “market perform” to “cautious”.
• 8/17/2026 – Walmart had its “buy” rating reaffirmed by Guggenheim. They now have a $135.00 price target on the stock, down from $137.00.
• 8/17/2026 – Walmart had its “buy” rating reaffirmed by DA Davidson. They now have a $150.00 price target on the stock.
• 8/12/2026 – Walmart had its “overweight” rating reaffirmed by KeyCorp.
• 8/12/2026 – Walmart had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $137.00 price target on the stock.
• 8/4/2026 – Walmart had its “buy” rating reaffirmed by UBS Group AG.
• 8/4/2026 – Walmart was downgraded by Oppenheimer Holdings, Inc. from “outperform” to “market perform”.
• 7/31/2026 – Walmart was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 7/31/2026 – Walmart was given a new $142.00 price target by Sanford C. Bernstein. They now have an “outperform” rating on the stock.
• 7/27/2026 – Walmart was given a new $130.00 price target by Mizuho.
• 7/22/2026 – Walmart had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $137.00 price target on the stock.
• 7/17/2026 – Walmart had its “buy (b)” rating reaffirmed by Weiss Ratings.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 3,710 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total value of $419,601.00. Following the completion of the sale, the executive vice president directly owned 626,299 shares of the company’s stock, valued at approximately $70,834,416.90. This represents a 0.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the transaction, the executive vice president owned 201,672 shares in the company, valued at approximately $21,246,145.20. This trade represents a 20.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 77,292 shares of company stock worth $8,421,143. 0.09% of the stock is owned by corporate insiders.

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.