Walmart Surpasses $1 Trillion Valuation as Shares Rise 29% and Q4 Revenue Seen at $189B
Walmart shares are up 29% over the past year and 18.7% YTD, recently surpassing a $1 trillion market cap and prompting Oppenheimer to raise its price target to $140. Analysts expect Q4 revenue of $189.18 billion and EPS of $0.73 for CEO John Furner’s first report, and Jim Cramer declared “Walmart’s king.”
1. Stock Performance and Valuation
Walmart’s shares have climbed 29% year-over-year and 18.7% year-to-date, pushing market capitalization beyond $1 trillion for the first time, reflecting strong holiday sales momentum and positive investor sentiment.
2. Analyst Price Target Upgrades
Oppenheimer raised its price target for the stock from $125 to $140 while maintaining an Outperform rating, and other firms have similarly adjusted targets higher in anticipation of continued market share gains.
3. Q4 Forecast and Furner Debut
Consensus estimates for the fourth quarter call for revenue of $189.18 billion and EPS of $0.73, marking John Furner’s first earnings report as CEO and setting expectations for sustained comp growth.
4. Cramer Endorsement
Jim Cramer succinctly declared “Walmart’s king,” underscoring bullish sentiment around the retailer’s pricing strategy, AI implementation, and broad-based growth drivers across its global operations.