Do Wall Street Analysts Like Walmart Stock?

Founded in 1962, Bentonville-based Walmart Inc. (WMT) is the world's largest retail corporation by revenue. With a market cap of $520.9 billion, it operates a chain of hypermarkets, discount stores, and grocery stores. With over 4,600 stores in the U.S. and a fast-growing e-commerce business, Walmart's mix of affordability and variety keeps consumers hooked amid rising prices.

Walmart stock has outperformed the broader market over the last year. WMT has gained 29.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.5%. In 2024 alone, shares of Walmart rose 23%, surpassing SPX's 11.2% gains on a YTD basis.