Walmart (WMT) – Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Walmart (NASDAQ: WMT):

• 9/29/2026 – Walmart had its price target lowered by Mizuho from $130.00 to $125.00. They now have an “outperform” rating on the stock.
• 9/10/2026 – Walmart had its “overweight” rating reaffirmed by KeyCorp.
• 9/10/2026 – Walmart had its “buy” rating reaffirmed by DA Davidson. They now have a $132.00 price target on the stock.
• 9/10/2026 – Walmart had its “buy” rating reaffirmed by BTIG Research. They now have a $140.00 price target on the stock.
• 8/31/2026 – Walmart had its “buy” rating reaffirmed by Tigress Financial. They now have a $155.00 price target on the stock.
• 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”.

Insiders Place Their Bets

In other Walmart news, CEO John Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $106.66, for a total value of $1,399,912.50. Following the transaction, the chief executive officer directly owned 647,912 shares of the company’s stock, valued at $69,106,293.92. This represents a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $106.65, for a total value of $309,285.00. Following the transaction, the executive vice president owned 566,253 shares of the company’s stock, valued at approximately $60,390,882.45. This trade represents a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 77,229 shares of company stock valued at $8,187,833 over the last 90 days. 0.09% of the stock is owned by company insiders.

Walmart Inc (NASDAQ: WMT) is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam’s Club segments.