Key Highlights

● Walmart closed at $111.35 on 9 October 2026.

● Market data consensus target is $131.74 from 39 analysts.

● The second data set shows a mean of $126.78 and a median of $127.

● Mizuho lowered its target from $130 to $125 on 29 September.

Walmart (NASDAQ:WMT), a constituent of both the S&P 500 and the Nasdaq-100, finished Friday 9 October 2026 at $111.35. Analyst targets sit well above that level, with the consensus implying upside of about 13.9%. Recent broker revisions have mostly been downward.

What Is the Latest Analyst Price Target?

Market data shows a consensus target of $131.74 from 39 analysts, with a range of $113.00 to $155.00. The second data set, citing third-party data and 43 analysts, shows a mean of $126.78, a median of $127, a high of $155 and a low of $81.

Many brokers cut their targets on 21 August, with new figures mostly between $113 and $132. Market data's higher average may reflect high targets such as Tigress Financial's $155 from 31 August.

On that basis the consensus target suggests potential upside of about 13.9% from $111.35. On market data's figure the implied upside would be about 18.3%.

What Are Wall Street Analysts Saying?

Ratings are strongly positive. The second data set records 27 Strong Buy, 10 Buy, 5 Hold and 1 Sell. Market data shows 3 Strong Buy, 32 Buy and 4 Hold, with no Sell ratings.

According to market data, Mizuho lowered its target from $130 to $125 on 29 September. In September, DA Davidson reiterated Buy at $132 and BTIG reiterated Buy at $140.

The 21 August reductions were wide. Truist cut from $140 to $114, Wells Fargo and Baird from $140 to $120, Morgan Stanley from $140 to $125, JPMorgan from $137 to $125, Citigroup from $147 to $132 and UBS from $141 to $130. Telsey Advisory cut to $130. Deutsche Bank set $113, Jefferies reiterated $120, and Cantor Fitzgerald upgraded to Buy.

What Could Help the Stock Reach the Price Target?

For the shares to approach the consensus target, Walmart would need to restore confidence after the August reset in expectations. Steady sales growth, stable margins and continued market share gains would help, as would evidence that the cost pressures behind the target cuts are easing.

A number of brokers kept Buy-equivalent ratings even while lowering targets, which suggests many analysts still view the business favourably. If results ease concerns, targets could be revised upwards.

What Could Prevent the Stock Reaching the Target?

The August wave of cuts shows how quickly sentiment can change. If further results disappoint, targets could be lowered again, narrowing the gap with the share price.

The range of targets is wide, with the second data set showing a low of $81 below the current price and a high of $155. Risks for large retailers include consumer spending weakness, competition, tariffs and input costs.

What Should Investors Watch Next?

It is also worth watching whether other brokers follow Mizuho's late-September reduction, and whether the consensus from market data moves closer to that of the second data set as older targets drop out.

Walmart Versus Its Analyst Targets

Walmart closed at $111.35 on 9 October 2026, against a market data consensus target of $131.74. According to market data, Mizuho lowered its target from $130 to $125 on 29 September.