Weekly Research Analysts’ Ratings Changes for Walmart (WMT)

A number of firms have modified their ratings and price targets on shares of Walmart (NASDAQ: WMT) recently:

• 6/8/2026 – Walmart had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 6/8/2026 – Walmart had its “overweight” rating reaffirmed by Piper Sandler.
• 6/5/2026 – Walmart was downgraded by Erste Group Bank AG from “buy” to “hold”.
• 6/3/2026 – Walmart had its “buy” rating reaffirmed by BTIG Research. They now have a $145.00 price target on the stock.
• 5/29/2026 – Walmart had its “buy” rating reaffirmed by Tigress Financial. They now have a $155.00 price target on the stock, up from $150.00.
• 5/22/2026 – Walmart was given a new $141.00 price target by UBS Group AG. They now have a “buy” rating on the stock.
• 5/22/2026 – Walmart had its “outperform” rating reaffirmed by BMO Capital Markets.
• 5/22/2026 – Walmart had its “overweight” rating reaffirmed by KeyCorp.
• 5/22/2026 – Walmart had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $137.00 price target on the stock, down from $140.00.
• 5/22/2026 – Walmart had its price target lowered by BNP Paribas Exane from $147.00 to $146.00. They now have an “outperform” rating on the stock.
• 5/22/2026 – Walmart had its “buy” rating reaffirmed by BTIG Research. They now have a $145.00 price target on the stock.
• 5/21/2026 – Walmart was given a new $140.00 price target by Truist Financial Corporation.
• 5/21/2026 – Walmart was upgraded by Freedom Capital from “strong sell” to “hold”.
• 5/18/2026 – Walmart had its “outperform” rating reaffirmed by Evercore Inc.
• 5/15/2026 – Walmart had its “overweight” rating reaffirmed by Piper Sandler. They now have a $137.00 price target on the stock, up from $130.00.
• 5/12/2026 – Walmart had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $145.00 price target on the stock.
• 5/11/2026 – Walmart had its “outperform” rating reaffirmed by Wolfe Research. They now have a $137.00 price target on the stock, up from $135.00.
• 5/7/2026 – Walmart had its “buy” rating reaffirmed by TD Cowen. They now have a $150.00 price target on the stock, up from $145.00.
• 5/6/2026 – Walmart had its price target raised by BTIG Research from $140.00 to $145.00. They now have a “buy” rating on the stock.
• 4/22/2026 – Walmart had its price target raised by Morgan Stanley from $135.00 to $140.00. They now have an “overweight” rating on the stock.
• 4/20/2026 – Walmart had its “buy (b)” rating reaffirmed by Weiss Ratings.

Insider Activity

In other news, CEO John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $121.96, for a total value of $1,600,725.00. Following the completion of the transaction, the chief executive officer owned 687,287 shares in the company, valued at $83,821,522.52. This represents a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president owned 125,067 shares of the company’s stock, valued at $14,985,527.94. This trade represents a 8.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 128,986 shares of company stock valued at $15,927,908. 0.09% of the stock is currently owned by company 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.