Walmart shares rose 2.8% in mid-day trading on Thursday, reaching a high of $121.18 and last trading at $121.12, up from a prior close of $117.80. Volume of 27,516,999 shares was 10% above the average of 24,985,637. The article cites demand for consumer-staples stocks during October's rally, Agent Gateway tools that let third-party AI agents shop for customers, and a $120 Walmart+ and Sam's Club bundle, while a premium valuation and Kroger's plan to invest $5 billion in lower prices and cut corporate jobs using AI could pressure Walmart's margins. The analyst consensus is 'Buy' with an average target price of $132.41, and the latest quarter showed EPS of $0.81 versus a $0.74 estimate and revenue of $187.94 billion, up 5.9% year over year.
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Original headline: Walmart ( NASDAQ : WMT ) Stock Price Up 2 . 8 % – Still a Buy ?
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Walmart shares rose 2.8% on Thursday, trading as high as $121.18 and last at $121.12, from a prior close of $117.80. Volume of 27,516,999 shares was 10% above the average of 24,985,637. The article points to consumer-staples demand during October's rally, Agent Gateway tools that let third-party AI agents shop for customers, and a $120 Walmart+ and Sam's Club bundle, while Kroger's plan to spend $5 billion on lower prices and AI-driven job cuts could pressure Walmart's margins. Several analysts adjusted targets: UBS cut its target from $141.00 to $130.00, JPMorgan from $137.00 to $125.00, and Jefferies reiterated a 'buy' rating with a $120.00 target. The consensus rating is 'Buy' with an average target price of $132.41.
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