Wells Fargo Maintains Overweight on Walmart, Raises Price Target to $135
Wells Fargo analyst Edward Kelly maintains Walmart (NASDAQ:WMT) with a Overweight and raises the price target from $120 to $135.
Last updated: 2026-11-13 22:09:40. Prices reflect the latest after-hours trading data. Stock price data is sourced from Massive.
Walmart Inc. (WMT) operates in the RETAIL-VARIETY STORES sector and is listed on NASDAQ. The stock is currently priced at $128.08, with a market capitalization of $1.00T and a P/E ratio of 45.35. Over the past 52 weeks, its price has ranged from $98.88 to $135.16. This page covers its latest market performance, valuation, price trends and company information.
$1.00T | |
$126.77 | |
$128.26 | |
$125.56 | |
$126.19 | |
12.35M | |
23.81M | |
45.35 | |
$135.16 | |
$98.88 | |
0.77% | |
01-31 |
Walmart Inc. (WMT) is trading at $127.82 in after-hours trading as of 2026-11-13 22:07:00, down 0.20% ($0.26) from the regular-session close of $128.08.
After-hours trading shows how investors are pricing WMT after the regular session closes. The current after-hours price is near the regular-session close, indicating cautious after-hours sentiment.
Over the past seven days, Walmart Inc. (WMT) moved from $127.72 to $128.08, representing a gain of 0.28% ($0.36).
The stock traded between $123.03 and $131.82 during the period. The latest price is near the middle of the 7-day range, indicating range-bound.
The average daily volume was 20.92 million shares, down versus the previous seven-day period, indicating lower trading activity.
Position in Range: 80.5%
WMT is currently trading at $128.08, placing it 80.5% of the way from its 52-week low of $98.88 to its 52-week high of $135.16. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
Since its founding in 1962, Walmart has become the world's largest retailer, operating over 10,700 stores globally (including 4,600 namesake locations on its home turf and another 600 Sam's Club outlets) and growing its e-commerce presence, attracting 270 million customers weekly. In aggregate, the firm posted more than $713 billion in fiscal 2026 sales. Its core operations span three reporting segments: Walmart US (68% of fiscal 2026 sales), Walmart International (19%), and Sam's Club (13%).Within the US, nearly 60% of its $486 billion in fiscal 2026 revenue came from its grocery offerings, with another quarter from general merchandise. Internationally, Walmart's operations are concentrated in Mexico, though it also has budding exposure to India.
| Industry | RETAIL-VARIETY STORES |
| Employees | 2,100,000 |
| CEO | John R. Furner |
| Founded | 1945 |
| Exchange | NASDAQ |
| Company Website |
View the latest dividend and stock split events for Walmart Inc.
Dividend | |
|---|---|
| Ex-Dividend Date | Dec 11, 2026 |
| Payment Date | Jan 4, 2027 |
| Dividend Per Share | $0.2475 |
Latest news related to Walmart Inc. and WMT stock.
Wells Fargo analyst Edward Kelly maintains Walmart (NASDAQ:WMT) with a Overweight and raises the price target from $120 to $135.
Walmart's stock has surged significantly, gaining 73.5% in 2024, but is now richly valued with a price-to-sales ratio of 1.37 (above the five-year average of 0.85) and a forward P/E ratio of 38 (above the five-year average of 27). The author recommends waiting for a better entry price rather than buying at current levels, suggesting investors could achieve better returns if they wait for a potential pullback to around $100 per share.
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Walmart is expected to report Q3 2026 earnings of $0.64 per share (up 3.2% YoY) and revenues of $186.52 billion (up 3.9% YoY) on November 19. With a positive Earnings ESP of +0.74% and Zacks Rank #3, the company appears positioned to beat consensus estimates. Walmart has beaten EPS estimates in all four of the last quarters, including a +10.96% surprise in the most recent quarter.
Eligible investors can buy real shares of Walmart Inc. (WMT) through MEXC RealStocks. Follow these three steps to open a RealStocks account, transfer USDT, and place a US stock order.
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Estimate the value between WMT shares and USD.
WMT Shares to USD
1.00 WMT shares = 128.083 USD
Calculations are estimates based on the latest available price and are for reference only.