WMT Analyst Ratings

Deutsche Bank downgraded Walmart to Hold on Jan 8, flagging valuation after a strong run. Telsey and BTIG remain bullish. Consensus is Buy at $306 average target — advertising and marketplace growth continue to drive the re-rating thesis.

ANALYST RATINGS
Buy$119
WMT
Hold$119
Downgrade
2026-01-08
Outperform$130
Reiterated
2025-11-21
Buy$120
Initiated
2025-10-15
Outperform$129
Resumed
2025-09-18
Outperform$105
Initiated
2025-04-11
Downgrade
2026-01-08
Deutsche Bank
RatingHold
FromBuy
Target$119
From—
Reiterated
2025-11-21
Telsey Advisory Group
RatingOutperform
From—
Target$130
From$118
Initiated
2025-10-15
BTIG Research
RatingBuy
From—
Target$120
From—
Resumed
2025-09-18
Wolfe Research
RatingOutperform
From—
Target$129
From—
Initiated
2025-04-11
Mizuho
RatingOutperform
From—
Target$105
From—
Upgrade
2025-02-25
DZ Bank
RatingBuy
FromHold
Target$110
From—
Reiterated
2024-12-11
KeyBanc Capital Markets
RatingOverweight
From—
Target$100
From$96
Downgrade
2024-11-21
DZ Bank
RatingHold
FromBuy
Target$91
From—
Reiterated
2024-11-20
Telsey Advisory Group
RatingOutperform
From—
Target$100
From$92
Initiated
2024-10-22
Bernstein
RatingOutperform
From—
Target$95
From—
Reiterated
2024-10-14
Oppenheimer
RatingOutperform
From—
Target$90
From$81
Reiterated
2024-10-08
Telsey Advisory Group
RatingOutperform
From—
Target$92
From$82
Upgrade
2024-09-24
Truist
RatingBuy
FromHold
Target$89
From$76
Reiterated
2024-08-16
Telsey Advisory Group
RatingOutperform
From—
Target$82
From$75
Resumed
2024-07-10
Piper Sandler
RatingOverweight
From—
Target$81
From—
Reiterated
2024-07-02
Stifel
RatingHold
From—
Target$71
From$69
Reiterated
2024-07-01
Deutsche Bank
RatingBuy
From—
Target$77
From$71
Upgrade
2024-06-10
JP Morgan
RatingOverweight
FromNeutral
Target$81
From$66
Reiterated
2024-05-17
Telsey Advisory Group
RatingOutperform
From—
Target$70
From$68