Overview
- Walmart reports fiscal fourth-quarter and full-year results on Feb. 19 after a roughly 20% year-to-date rally.
- The company recently surpassed a $1 trillion market value, becoming the first retailer to reach that milestone.
- Shares trade at roughly 45–46 times earnings, the highest since 2021, which heightens the risk of a pullback if the outlook disappoints.
- Analyst sentiment is broadly positive with a Strong Buy consensus, yet price targets imply limited upside, including Bernstein at $129 and Citi up to $147.
- Key watch items include tech-led growth after Q3 e-commerce rose 27% and advertising expanded 53%, supported by a larger marketplace and AI partnerships with ChatGPT and Google’s Gemini.