Walmart Stock Forecast 2024, 2030, 2035, 2040
According to our Al stock price forecaster at FinTechBrains, the recent long-term Walmart stock forecast predicts prices may linger between $71.06-76.12 in 2024, $82.11 in 2025, $88.28 in 2026, and leap further to $110.18 by the end of 2030 while making its all-time high of $135.13 in 2035 and $158.94 in 2040
Company | Information |
---|---|
Company Name | Walmart, Inc. |
Founded on | July 2, 1962 |
CEO | Doug McMillon |
Industry Type | Retail and wholesale |
Walmart stock price today per share (19th, July 2024) | $70.75 USD |
Market Capitalization | 569.08 billion USD |
Services | groceries, super market, hypermarkets, ecommerce, etc |
Competitors | Amazon, Costco, Target, Kroger, etc |
Walmart Stock long-term Forecast after stock split | Walmart Stock 10-Year Forecast
YEAR | Forecasted High Share Prices (in USD) | YOY% yield | Forecasted Low Share Prices (in USD) |
---|---|---|---|
2024 | $ 71.45 | $ 58.76 | |
2025 | $ 82.11 | 15 % | $ 63.04 |
2026 | $ 88.28 | 8 % | $ 64.44 |
2027 | $ 94.06 | 7 % | $ 66.23 |
2028 | $ 99.56 | 6 % | $ 68.28 |
2029 | $ 104.95 | 5 % | $ 70.49 |
2030 | $ 110.18 | 5 % | $ 72.83 |
2031 | $ 115.31 | 5 % | $ 75.28 |
2032 | $ 120.36 | 4 % | $ 77.80 |
2033 | $ 125.34 | 4 % | $ 80.39 |
2034 | $ 130.26 | 4 % | $ 83.04 |
2035 | $ 135.13 | 4 % | $ 85.74 |
2040 | $ 158.94 | 16 % | $ 99.80 |
What would be Walmart Stock long-term Forecast before the recent split ?
YEAR | Forecasted High Share Prices (in USD) | Forecasted Low Share Prices (in USD) |
---|---|---|
2024 | $ 198.84 | $ 153.43 |
2025 | $ 216.51 | $ 155.43 |
2026 | $ 232.56 | $ 159.03 |
2027 | $ 247.71 | $ 163.53 |
2028 | $ 262.27 | $ 168.62 |
2029 | $ 276.39 | $ 174.14 |
2030 | $ 290.20 | $ 179.98 |
2031 | $ 303.74 | $ 186.09 |
2032 | $ 317.06 | $ 192.41 |
2033 | $ 330.21 | $ 198.91 |
2034 | $ 343.21 | $ 205.56 |
2035 | $ 356.07 | $ 212.35 |
2040 | $ 418.85 | $ 247.80 |
Walmart 12 month short-term forecast
MONTH – YEAR | Forecasted Share Prices (in USD) |
---|---|
August – 2024 | $ 68.47 |
September – 2024 | $ 69.47 |
October – 2024 | $ 70.47 |
November – 2024 | $ 73.47 |
December – 2024 | $ 71.55 |
January – 2025 | $ 77.47 |
February – 2025 | $ 75.25 |
March – 2025 | $ 78.12 |
April – 2025 | $ 79 |
May – 2025 | $ 80 |
June – 2025 | $ 81.12 |
July – 2025 | $ 81.92 |
August – 2025 | $ 81.77 |
Walmart stock daily short-term forecast | Walmart stock prediction for tomorrow and next week
Day | Date | Walmart Short term forecast price (in USD) |
---|---|---|
Monday | 22-July-2024 | $ 71.43 |
Tuesday | 23-July-2024 | $ 71.53 |
Wednesday | 24-July-2024 | $ 71.64 |
Thursday | 25-July-2024 | $ 70.45 |
Friday | 26-July-2024 | $ 71.85 |
Monday | 29-July-2024 | $ 72.05 |
Tuesday | 30-July-2024 | $ 72.16 |
Wednesday | 31-July-2024 | $ 71.16 |
Thursday | 1-Aug-2024 | $ 70.84 |
Friday | 2-Aug-2024 | $ 72.47 |
Monday | 5-Aug-2024 | $ 72.58 |
Tuesday | 6-Aug-2024 | $ 72.78 |
Wednesday | 7-Aug-2024 | $ 72.99 |
Thursday | 8-Aug-2024 | $ 73.10 |
Friday | 9-Aug-2024 | $ 73.20 |
Monday | 12-Aug-2024 | $ 73.31 |
Tuesday | 13-Aug-2024 | $ 73.41 |
Wednesday | 14-Aug-2024 | $ 73.51 |
Thursday | 15-Aug-2024 | $ 71.62 |
Friday | 16-Aug-2024 | $ 72.85 |
Walmart stock price chart
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Walmart Stock Forecast 2024
By 18th/July/2024, Walmart’s share price was recorded at $71.03. Our Analysts forecast Walmart’s stock price to linger between $71.06-76.12 by the end of 2024. After the stock split, the all-time low Walmart share price in 2024 would trade at $58.76.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2024 | $ 71.06 – $ 76.12 |
Reason –
Walmart will expand its city stores to reach more people and create more jobs, boosting the economy. One of the new additions in 2024 to their service improvements would be drone deliveries and shorter exit lines to improve the in-store experience. As a new strategic move to push their revenue further Walmart is going to introduce in-store paid advertisements which could improve their profits. It’s just a trial move as Walmart wants to make sure it doesn’t annoy its customer’s purchasing experience.
Walmart Stock Forecast 2025
Our analysts further foresee Walmart per stock price to be traded at $82.11 in 2025 rising by +13% compared to the previous year of 2024. The predicted all-time low price of Walmart stock would form a strong cushioning to the moderate bull run at $63.04 in 2025.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2025 | $ 82.11 |
Reason –
Walmart genuinely believes in making their customer’s life easy. The company will be expanding its network by adding more parcel stations across the USA. They’re also starting to use delivery drones in parts of Dallas for super-fast delivery, anytime, day or night. Did you forget something on your way to the office? These drones can help!
On the environmental front, Walmart plans to reduce plastic use by 15%, ensure all products are deforestation-free by 2025, and significantly cut carbon emissions by the same year.
Walmart Stock Forecast 2026
Our forecasting model considers the past Walmart stock history to form an educated prediction and we anticipate Walmart share prices to further climb by 8% from its last year and trade at its all-time high of $88.28 in 2026.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2026 | $ 88.28 |
Reason –
The introduction of digital tags across 2300 stores will add fuel to Walmart’s automation workflow plans improving company sales and stock prices. These digitalized tags will automatically alter prices and offers depending on the demand and supply in the process chain.
Walmart will also enter the milk and byproducts production space in 2025 by opening new milk processing facilities in Texas and Robinson, USA adding more jobs. While Walmart is cognizantly attempting to improve the US economy, the Texas business location gives an extra edge to the company helping to make better returns due to low operating charges and taxes.
Walmart Stock Forecast 2027
We expect Walmart’s stock price to reach as high as $94.06 and as low as $66.23 in 2027.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2027 | $94.06 |
Reason –
Walmart is already heavily invested in futuristic technology and by the end of 2027, one of its main goals is to service 65% of their stores by automated supply chains. The company will introduce a trained & smarter omnichannel network fed through its extensive data of all the past years which could make intelligent decisions in their supply chain process and make it more automated. This will decrease the labor work but improve the existing employee salaries.
Walmart Stock Forecast 2028
In 2028, Walmart’s stock might hit its all-time high of $99.59 i.e. rise in share price by 6% from 2027. The all-time low will be at $68.28 in 2028.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2028 | $99.59 |
Reason –
Walmart is working on redesigning its stores and plans to introduce hydrogen-fueled trucks by 2028. They expect a big increase in sales per store by then, which will require more trucks for deliveries. To support its environmental sustainability goals, Walmart aims to have all its Canadian trucks powered by alternative energy by 2028.
Walmart Stock Forecast 2029
Analysts at Fintech Brains predict Walmart’s stock price to reach as high as $104.95 and as low as $70.49 in 2029. The year-on-year Walmart stock price change was + 5%.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2029 | $104.95 |
Reason –
They say when any business saturates in its primary niche, it diversifies. That’s what Walmart will do. First, it entered the milk products industry and now Walmart will open 4000 healthcare advanced centers with comprehensive clinical laboratory services by 2029. It will just be the beginning of Walmart trying to disrupt the clinical services industry by setting laboratories and services at nominal prices potentially forecasting its revenue to improve 2 folds by entering the healthcare space in 2029.
Walmart Stock Forecast 2030
We predict Walmart’s share prices to further ascend by +5% in 2030 compared to Walmart’s stock prices in 2029, marking its trade at $110.18 and maintaining its all-time low at $72.83 per Walmart share price by the end of 2030.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2030 | $114.18 |
Reason –
By 2030, Walmart aims to transform shopping and sustainability. Customers can expect:
- Free samples in stores.
- A better experience at Sam’s Club.
- Enhanced shopping with AI and Gen AI.
- Easy checkout with a pay-later option in physical stores.
- A strong focus on environmental sustainability.
Walmart plans to innovate in sustainable packaging and transportation and explore sustainable farming practices to lead the way in eco-friendly initiatives.
Walmart stock forecast 2035-2040 | Walmart stock forecast 5 years
The Walmart share price will rise from being at $135.13 in 2035 to $158.94 in 2040 thereby making an overall total Year-on-year change of +20% in the next 5 years. On average the stock will climb upwards by only +3% to +4% annually, for Walmart stock forecast in 5 years between 2035 to 2040.
Stock Name | Stock Price (in USD) |
---|---|
Walmart Stock Forecast 2035 | $135.13 |
Walmart Stock Forecast 2040 | $158.94 |
Reason –
After Walmart’s 2024 stock split, the company is on track to be worth a trillion dollars by 2035. They will leverage AI, VR, robotics, and blockchain to enhance customer experiences and improve supply chain transparency and customer care. Walmart will continue to innovate and aims to be a zero-carbon company by 2040. They plan to use 100% renewable energy for their operations and electrify all their trucks as part of their environmental policy.
Walmart’s short-term forecast through technical analysis.
History always repeats the behavioral traits of stock prices. As of now on 19th/July/2024, the Walmart price stands at $71.7. In the past for every gap opening, the stocks eventually reverted their trend to fill in the gap. For example, on Thursday 16th Nov 2023, Walmart stock opened with a gap down but in the next 3 months, the stock rallied back to fill the gap. Similarly, on Tuesday 16th Aug 2022, Walmart opened with a gap up but again fell to fill the gap before it resumed the bull run.
Similarly, now Thursday, May 2024, Walmart opened with a gap up and ever since has been on a bull run for the next 2 months.
For any risk-averse swing trader intending to be buy and hold Walmart shares for few months, it would be ideal to wait for the Walmart stock prices to fall until $61.67 at least to fill the gap before it again resumed the bullish trend.
Walmart’s long-term forecast through fundamental analysis.
Ratios | Ideal range should be | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|---|
PE Ratio | (20 – 25) | 28.68 | 33.22 | 28.36 | 29.42 | 21.83 |
Debt/Equity Ratio | (1 -1.5) | 0.73 | 0.77 | 0.69 | 0.78 | 0.97 |
ROE | 15% > | 19.70% | 15.40% | 16.90% | 17.70% | 20.90% |
EV/EBITDA | <10 | 13.93 | 14.38 | 13.85 | 13.09 | 11.62 |
Most of the important attributes of Walmart’s financial statements and financial ratios look performing exceptionally well.
The average last 5-year operating performance of Walmart is 13.37 and the average debt/equity ratio is 0.70 which clearly states that the company is less leveraged.
The average PE ratio of the last 5 years is approximately 27% which claims that the investors in the market are ready to pay 27 times extra for every 1 dollar Walmart makes in earnings behind 1 share.
An average ROE of 18.12% says Walmart can use the shareholders’ money to convert it with 18.12% returns.
The above figures are no doubt the traits of a well-performing company. In fact, the PE ratio looks slightly inflated telling that Walmart at present in July 2024 might be slightly overvalued. But looking just at financial ratios won’t work. So let us dig further into financial statements.
Financial Statement | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Sales Revenue | 648.13 | 611.29 | 572.75 | 559.15 | 523.96 |
Net income | 15.51 | 11.68 | 13.67 | 13.51 | 14.88 |
Free Cash Flow | 15.37 | 12.15 | 11.47 | 26.03 | 14.87 |
Inventory | 54.89 | 56.58 | 56.51 | 44.95 | 44.44 |
It’s quite evident that all the financial attributes for the last 5 years are positive and performing well. While the rise in net inventory, sales revenue, and net income says, the company is successfully able to improve revenue year on year by increasing their products in sales. A free cash flow of $15.12 billion in June 2024 is a good sign for investors considering buying Walmart shares for the long term.
Frequently Asked Questions | FAQs
Walmart stock price history by year
YEAR | Walmart Share Prices before split (in USD) | Walmart Share Prices after split (in USD) |
---|---|---|
2013 | $ 81.01 | $ 27.12 |
2014 | $ 87.54 | $ 29.33 |
2015 | $ 84.98 | $ 30.32 |
2016 | $ 72.97 | $ 25.06 |
2017 | $ 99.4 | $ 33.38 |
2018 | $ 108.39 | $ 36.66 |
2019 | $ 120.39 | $ 40.71 |
2020 | $ 151.6 | $ 51.22 |
2021 | $ 151.45 | $ 50.67 |
2022 | $ 157.22 | $ 53.69 |
2023 | $ 166.19 | $ 56.78 |
Walmart stock price for employees
Walmart employees have the option to join the Walmart Associate Stock Program, allowing them to purchase up to $1,800 worth of Walmart stock annually at a 15% discount.
Additionally, as a retention strategy, the company occasionally awards employees stocks that can be cashed out after a designated period.
Is Walmart stock a good stock to buy or sell | Conclusion Outlook for Walmart stock
The estimated value of a Walmart (WMT) stock, based on Discounted Cash Flow (DCF) analysis, is $40.41. With the current market price at $71.03, this suggests the stock is 43% overvalued.
Using the Relative Value method, a WMT stock is valued at $60.36. Compared to the market price, Walmart’s stock appears to be overvalued by 15%.
Looking at the above financial ratios, statements, DCF and relative valuation, it is obvious that as of July 2024, Walmart stock is on average overvalued by 30% but from a long-term investor’s perspective Walmart is a buy, taking into account that Walmart’s aggressive future diverse business plans and innovations with most financial attributes performing well for Walmart, it is no doubt a substantial gainer in the long term perspective also.
Note – Kindly use this blog information for educational purposes only. Investments are usually risky and subject to market emotions, so consult a licensed financial advisor before investing in the stocks.
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