Key Highlights

● Walmart closed at $118.81 on October 16, trading below the analyst target.

● The consensus 12-month price target is $127.35, implying about 7.19% upside.

● Analysts are split 38 Buy, 4 Hold, and 1 Sell on the stock.

● Targets range from $81 to $155 across 43 analysts.

Walmart Inc. (NASDAQ:WMT) closed at $118.81 on October 16, 2026 on the Nasdaq and is a constituent of the S&P 500. The average analyst price target is $127.35, which implies 7.19% upside from the latest close if the consensus proves accurate. A steady run of Buy-rated target updates this month has kept the retailer in focus.

What Is the Latest Analyst Price Target?

According to market data, the average price target for WMT is $127.35, with a median of $129. The highest target is $155 and the lowest is $81, drawn from 43 analysts. The consensus rating is Buy. Price targets are forecasts, not guarantees, and the consensus target suggests where analysts think the shares could trade over roughly the next twelve months rather than where they will go. The consensus data is dated October 16, 2026.

What Are Analysts Saying?

The rating split is 38 Buy (28 Strong Buy, 10 Buy), 4 Hold, 1 Sell (Strong Sell). Sentiment is strongly positive, with 38 of 43 analysts at Buy or Strong Buy. The range is wide, from $81 to $155, though the median of $129 is above the average, suggesting a few low targets pull the mean down.

All five most recent actions were maintained Buy ratings: Bernstein at $142 on October 14, 2026, Citi at $132 on 12 October, Evercore ISI at $125 and Bank of America at $126 on 9 October, and Morgan Stanley at $125 on 5 October.

What Could Help the Stock Reach the Price Target?

Walmart reported fiscal 2026 revenue of $713.16 billion, up 4.73%, with earnings of $21.89 billion, up 12.64%. Trailing-twelve-month revenue is $735.84 billion and EPS $2.76. The shares trade on Nasdaq.

Steady revenue growth, earnings growing faster than sales and the consistently positive broker stance could support the consensus target if the company continues to deliver.

What Could Prevent the Stock Reaching the Target?

Some brokers' targets, such as $125, sit only modestly above the current price, and the $81 low target shows a minority sees significant downside. Valuation and consumer-spending risks could weigh. Consensus targets can also be revised downwards quickly, and broader market conditions, interest rates and sector sentiment may affect the shares regardless of company performance.

What Should Investors Watch Next?

Walmart's next earnings report is scheduled for November 19, 2026. Investors may also watch for further target revisions, changes in rating and any updates to company guidance, since these tend to move the consensus figures.

Priced Close to Consensus

With WMT at $118.81 and an average target of $127.35, the consensus target suggests 7.19% upside, within a range of $81 to $155.