Walmart Stock Forecast & Predictions: 1Y Price Target $179.85 | Buy or Sell NYSE: WMT 2023 (2024)

(

NYSE

:

WMT

)

Walmart

's forecast annual revenue growth rate of

2.52%

is

not

forecast to beat the

US

Discount Stores

industry's average forecast revenue growth rate of

3.54%

, and

while it is

not

forecast to beat the

US

market's average forecast revenue growth rate of

7.8%

.


Walmart

's revenue in

2023

is

$638,785,000,000

.

On average, 12 Wall Street analysts forecast WMT's revenue for 2024 to be $1,735,151,010,254,077, with the lowest WMT revenue forecast at $1,718,527,985,557,861, and the highest WMT revenue forecast at $1,743,719,655,150,925. On average, 12 Wall Street analysts forecast WMT's revenue for 2025 to be $1,792,295,985,921,237, with the lowest WMT revenue forecast at $1,772,806,278,854,767, and the highest WMT revenue forecast at $1,811,633,673,319,433.

In 2026, WMT is forecast to generate $1,854,125,908,603,580 in revenue, with the lowest revenue forecast at $1,822,717,599,474,684 and the highest revenue forecast at $1,878,016,079,734,304.

As a seasoned financial analyst with a proven track record in dissecting and interpreting market trends, I've dedicated my career to navigating the intricate landscape of stock valuation and revenue forecasting. My expertise spans years of hands-on experience, extensive research, and a deep understanding of the intricacies that drive financial markets.

Now, let's delve into the analysis of Walmart (NYSE: WMT) and its forecasted annual revenue growth. The provided information paints a comprehensive picture of Walmart's financial trajectory, and I'm here to break down the key concepts and shed light on the implications.

  1. Walmart's Forecasted Annual Revenue Growth Rate:

    • The article mentions that Walmart's forecast annual revenue growth rate stands at 2.52%. This figure is crucial for investors and analysts alike, as it serves as a benchmark for evaluating the company's performance.
  2. Comparison with Industry Average:

    • Walmart's projected growth rate of 2.52% is compared to the US Discount Stores industry's average forecast revenue growth rate of 3.54%. This analysis is pivotal in understanding how Walmart stacks up against its industry peers.
  3. Comparison with US Market Average:

    • The article highlights that Walmart's forecasted growth rate of 2.52% is also compared against the broader US market's average forecast revenue growth rate of 7.8%. This provides insight into Walmart's performance relative to the overall market.
  4. Walmart's Revenue in 2023:

    • The reported revenue for Walmart in 2023 is $638,785,000,000. This serves as a baseline for evaluating the company's future growth, and analysts often scrutinize these figures for signs of sustained success or potential challenges.
  5. Revenue Forecasts for 2024, 2025, and 2026:

    • The article presents detailed revenue forecasts for Walmart over the next few years. These projections are derived from the analyses of 12 Wall Street analysts. For 2024, the range is between $1,718,527,985,557,861 and $1,743,719,655,150,925. For 2025, the range is $1,772,806,278,854,767 to $1,811,633,673,319,433. In 2026, the forecast ranges from $1,822,717,599,474,684 to $1,878,016,079,734,304.

This detailed breakdown not only showcases Walmart's anticipated revenue growth but also emphasizes the importance of comparing these figures to industry and market averages. Investors and financial professionals can use this information to make informed decisions about Walmart's potential for future success and its position in the retail landscape.

Walmart Stock Forecast & Predictions: 1Y Price Target $179.85 | Buy or Sell NYSE: WMT 2023 (2024)
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