Walmart Stock Forecast for 2024, 2025-2026, and Beyond

2024.03.01 2024.03.01
Walmart Stock Forecast for 2024, 2025-2026, and Beyond

Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/

In the realm of 2024, Walmart, the global retail behemoth, continues to command attention and dominate the retail landscape. Analysts are cautiously optimistic, predicting a modest bullish trend for Walmart’s stock. Some foresee a year-end target of $166, while others have bolder projections, aiming for $188 by the close of the year. 

These forecasts reflect a positive outlook for Walmart’s performance in 2024, as the retail giant continues to leverage its formidable presence and adapt to changing market dynamics.

Main takeaways: Walmart Stock Forecast 2024-2030

• According to Gov.Capital, by the end of 2024, they anticipate Walmart’s stock price to be around $180. At the end of 2025, their forecast suggests a rise to $290. By the culmination of 2026, Gov.Capital predicts the stock to be valued at $445. Their projections indicate a generally optimistic view of Walmart’s stock performance in the coming years.
• On the other hand, the Coin Price Forecast has its own set of projections for Walmart’s stock. As of 01/12/2024, they recorded the stock price at $165. By the close to the mid-year, they expect the store to appreciate $171. Their optimism extends to the end of 2026 when they project a stock value of $180 in average. By mid-2028, they anticipate a further rise to $$185 – $190. Looking further, they foresee the stock reaching $800 by 2028 and a notable $950 by 2029.

Walmart Stock Price Today Coming Days and Week

When analyzing Walmart’s stock (WMT) in the short term, consider using key technical analysis tools. Focus on Moving Averages to track trend directions, the Relative Strength Index (RSI) to assess market momentum, and MACD indicators for potential buy/sell signals. Bollinger Bands are useful for understanding market volatility, while Volume Analysis can indicate the strength of price movements. Additionally, examining Candlestick Patterns can provide insights into potential short-term price shifts, and identifying Support and Resistance Levels helps pinpoint critical price points.

When forecasting Walmart’s (WMT) stock price for the week, focus on recent company announcements, retail sector trends, and overall market sentiment. Consider upcoming financial reports or significant corporate news, as they can greatly impact stock performance. Keep an eye on broader economic indicators and any geopolitical events that may influence the retail industry and investor behavior, providing a well-rounded view of potential price movements for WMT stock.

Walmart Stock Price Forecast for 2024 — Experts Predictions

In 2024, the stock price of Walmart, as indicated by both gov.capital and coinpriceforecast.com, commenced at $150. Let’s have a look at what different agencies think how the Walmart Stock price can change.

Gov Capital

In the mid-year of 2024, according to Gov Capital, Walmart’s stock price is anticipated to close at around $163, and at the end of the year to achieve $180, showcasing a growth trajectory from its starting point of $155 earlier in the year 2023.

Coin Price Forecast

On the other hand, the Coin Price Forecast indicates that Walmart’s stock, which began the year at $161.1, will reach $166 by the end of 2024. 

Walmart Inc. Shares: Technical Analysis

We’ll use the following time frames to make a trading plan for Walmart’s stock for this year: H4, D1, W1, and MN.

To forecast WMT’s rate, we’ll apply various technical analysis tools: the money flow indicator MFI, MACD, RSI, the Volume-Weighted Average Price indicator VWAP combined with a simple moving average SMA, and tick volumes.

Volume indicators will help us identify liquid support and resistance levels on which the main money inflows and outflows are concentrated. Stochastic and trend indicators will be used to measure the trend strength and potential pivot points in overbought and oversold areas.

As an additional confirmation, we will also analyze candlestick and chart patterns, the most popular of which are Shooting Star, Wedge, and Engulfing patterns.

First, we’ll analyze the one-month chart to determine the market’s general state.

Walmart’s stock has traded in a long-term bullish trend for over eight years. In February 2024, the WMT rate reached its historical high of 181.15. The asset’s price is trading in the Ascending Wedge narrowing pattern. This reversal pattern signals a trend change.

The first signal for bulls was the Bearish Marubozu candlestick pattern formed in the range of 151.25 – 115.82. Next, we see the Hanging Man and Shooting Star reversal patterns formed at 164.74 in September-October 2023. Sellers attempted to counterattack at 181.15 and made the price drop to 175.96.

In December 2023, the MACD indicator moved to the positive zone. The RSI is directed upwards, suggesting some growth potential. The MFI shows moderate growth of money flows. The price is above the VWAP and SMA20 lines, suggesting bullish sentiment, but tick volumes are decreasing, meaning the trading activity is down. Thus, our preliminary analysis suggests WMT’s price will correct to the downside.

WMT Stock Forecast For Next Three Months

Let’s use the H4 and D1 time frames to identify WMT’s near-term trends.

An active uptrend can be seen on the H4 time frame. The MFI indicator shows a bearish divergence amid growing tick volumes, pointing out a money outflow. The MACD is forming a hidden bearish divergence, another signal of a price reversal to the downside.

The RSI values are near the overbought zone boundary at 67, indicating some further growth potential.

The daily chart similarly shows price growth within an uptrend. However, the Bearish Counterattack pattern signals a price reversal at the top. The Shooting Star pattern confirms a trend reversal to the downside.

A noticeable decrease in the MFI values and an increase in tick volumes may indicate a prevailing number of shorts. The RSI has moved beyond the overbought area, indicating a possible downward price reversal.

The divergence between the MACD and the price on the chart, shown as a classic bearish divergence, points out the seller’s continuing pressure. However, the VWAP line is below the price, so there’s still some growth potential.

In the current situation, the price may retest the level of 181.15 with a further reversal to the uptrend’s lower boundary at 158.30.

The price also remains likely to move down from the current levels. The price consolidation below 171.80 will catalyze a further decline to 164.74 – 158.30.

Long-Term Walmart Shares Technical Analysis for 2024

A weekly time frame will best determine Walmart’s stock trends in 2024.

The weekly chart shows an uptrend that started at 115.82 in May 2022. Once the price corrected at 164.74, reversal bullish patterns formed: Inverted Hammer, Dragonfly doji, and Hammer. The WMT price continues to grow at the moment.

The MACD values are increasing in the positive zone, signaling the stability of the uptrend. The RSI is located within the overbought zone, just like the MFI values, signaling a possible change of direction. There is a risk of a downward correction to 151.25.

The VWAP’s volume-weighted average price and the SMA-20 line are below the asset’s price, which is a signal to buy.

The table below provides my month-by-month forecast for Walmart stock in 2024. 

Long-term trading plan for Walmart Inc. (#WMT)

The performed technical analysis allows us to identify potential support/resistance levels and price correction points within a long uptrend.

Trading plan for the next three months

• the key support levels: 171.80, 164.74, 158.30, 151.25;
• the key resistance levels: 181.16, 188.23, 195.81;
• the price may correct to 158.30 in the near time and then reverse to the upside with targets at 164.74 – 188.23;
• if the trend line and horizontal support at 158.30 are broken, the trend may reverse, and a strong downward movement may begin, with a target at 151.25 and below.

Trading plan for 2024

• the key support levels: 164.74, 151.25, 134.59, 115.82, 91.79;
• the key resistance levels: 181.16, 195.81, 212.43;
• Walmart’s stock will most likely continue to evolve in an uptrend in 2024. The buyer will hold the price within the range of a bullish trend.

Walmart Price Predictions for 2025

As we near 2025, financial analysts and platforms are closely monitoring the path of Walmart’s stock, a major player in the retail sector. Various platforms employ their unique methodologies and insights, resulting in diverse forecasts. Let’s delve into the outlooks provided by two prominent platforms, Coin Price Forecast and Gov Capital, for Walmart’s stock in the approaching year:

Coin Price Forecast

Walmart’s stock, beginning at $150 in 2024, has shown growth.Looking ahead to 2025, Coin Price Forecast expects the stock to rise to $167 in the first half of the year. Their projections extend to the end of 2025, where they anticipate the stock will close at $172.

Gov Capital

Gov Capital provides an alternative view of Walmart’s stock outlook for 2025. They anticipate the stock price to range from a low of $180 to a high of around $290, with an average price estimated at approximately $230 for the year.

Walmart Price Predictions for 2026

In 2026, Walmart’s stock price predictions paint a picture of growth, with expectations of a steady climb reflective of the retail giant’s market resilience and strategic initiatives. CoinPriceForecast expects a more modest and gradual rise, while Gov Capital expects XOM stock to skyrocket to $400 or more. Investors are eyeing the potential for Walmart’s stock to expand from its current valuation, driven by its robust business model and adaptability in a dynamic retail landscape.

Projections for the Future by Coin Price Forecast

In the coming five years, a notable upward trend is expected for Walmart’s stock, with forecasts indicating a climb from $161 to $190. The outlook suggests that Walmart will commence 2026 at around $175, reach $184 in the first half of the year, and conclude at $189 by year-end.

Forecasts for the Future by Gov.Capital

Gov Capital envisions Walmart’s stock price reaching approximately $446 by the conclusion of 2026. This prediction is formulated using a sophisticated system that factors in historical data, volume fluctuations, price movements, market cycles, and analogous stocks.

Walmart: Price History

Historical trends provide insights into future asset prices. Examining Walmart’s stock over the past three years offers a glimpse into its performance. 2018, despite peaking at $109.98, the stock faced challenges, declining to $81.81 by June, with concerns about the company’s digital strategy.

In 2019, the stock rebounded, but events like store shootings temporarily affected its value. By 2020, amidst the COVID-19 pandemic, Walmart introduced the Walmart+ membership and capitalized on changing consumer behaviors, reaching a high of $152.95 in November. 

However, a lawsuit by the US Department of Justice over the opioid crisis impacted the stock negatively. By 2021, with positive earnings, the stock showed signs of recovery.

In 2022 Walmart’s stock faced volatility due to global supply chain issues, inflation, and changing post-pandemic consumer habits. However, its focus on e-commerce and grocery/delivery service expansion mitigated deeper declines. Average stock price in 2022 was $135.03.

In 2023, Walmart’s stock began stabilizing and growing modestly, bolstered by ongoing digital investments and its large retail presence. In 2023 average stock price reached $151.92. The company’s adaptation to the changing retail environment, including a shift to online shopping and hybrid models, positively influenced its stock.

Long-Term Walmart Predictions 2026-2030

Let’s have a look at what is expected for #WMT stock in a more distant future.

Coin Price Forecast

Coin Price Forecast‘s outlook for Walmart’s stock price spanning from 2026 to 2030 showcases a persistent upward trajectory. Beginning with an average of $185.00 in 2026, the predictions foresee annual increments, culminating in an average of $285.00 by 2030. This implies a prospective growth of roughly 80% over the course of five years.

Factors That Can Affect the Walmart Price

Several factors influence stock price volatility, including a company’s financial outlook, global investor sentiment, demand/supply dynamics, and internal news. As the world’s largest retailer, retail industry events significantly impact Walmart’s stock. Critical drivers for Walmart’s shares include:

• Earnings Reports: Walmart’s stock often reacts to quarterly earnings, with positive reports boosting its value.
• International Business: Operating in 24 countries and sourcing from over 100, Walmart’s international strategies, like its 2021 focus on India, can sway its stock price.
• Competition: Walmart’s growth in US e-commerce has outpaced Amazon, its primary competitor. Innovations like Walmart+ and enhanced return policies further bolster its market position.
• Gun Issues: Incidents at Walmart stores, especially shootings, can affect its stock. Proactive safety measures can mitigate these effects.
• Flipkart IPO: Walmart’s subsidiary, Flipkart, is set for a US IPO in late 2021, potentially valuing Walmart at $45-$50 billion.

Conclusion: Is Walmart a Good Investment?

Walmart’s stock price predictions, as provided by Coin Price Forecast, suggest a promising upward trajectory from 2026 to 2030. With a projected growth of approximately 80% over these five years, the retail giant is on a stable path of appreciation. 

Such consistent growth, combined with Walmart’s established market presence and adaptability to changing market dynamics, indicates that it remains a strong investment player. 

While all investments have inherent risks, the data suggests that Walmart could be a solid addition to a diversified portfolio. However, potential investors should always research and consult with financial advisors before making investment decisions.

Price chart of WMT in real time mode