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Barchart
Sohini Mondal

Walmart Stock Outlook: Is Wall Street Bullish or Bearish?

With a market cap of $932 billion, Walmart Inc. (WMT) is a global retail powerhouse operating retail and wholesale stores, membership clubs, eCommerce websites, and mobile apps through three segments: Walmart U.S., Walmart International, and Sam’s Club. It offers a vast range of products and services spanning groceries, consumables, health and wellness, general merchandise, digital payments, and financial services across physical and digital platforms worldwide.

Shares of the Bentonville, Arkansas-based company have outperformed the broader market over the past 52 weeks. WMT stock has increased 20.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 16.1%. Moreover, shares of Walmart are up nearly 5% on a YTD basis, compared to SPX’s 1.9% rise.

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