Walmart Inc. (NYSE: WMT) is a global retail giant headquartered in Bentonville, Arkansas. Operating over 10,500 stores worldwide, Walmart offers a vast range of products at low prices, serving millions of customers daily through its physical locations and e-commerce platforms.
Key Takeaways:
- Walmart’s stock price is expected to show steady growth over the next several decades
- Technological advancements and market expansion are likely to drive significant value increases
- Long-term investors may find Walmart an attractive option for portfolio growth
Overview of Walmart Inc.
Founded by Sam Walton in 1962, Walmart has grown from a single discount store in Arkansas to a global retail juggernaut. The company operates over 10,500 stores worldwide and employs 2.3 million associates. Walmart is known for its “Everyday Low Prices” and wide assortment of products, including groceries, apparel, home goods, and electronics. In recent years, Walmart has invested heavily in e-commerce to compete with Amazon, acquiring brands like Jet.com and Flipkart.
Walmart Company Profile
| Country: | United States of America |
| Ticker Symbol: | WMT |
| Exchange: | NYSE |
| Founded: | 1962 |
| IPO Date: | 1970 |
| Industry: | Retailing |
| Sector: | Retail |
| Employees: | 2,100,000 |
| CEO: | C. Douglas McMillon |
| Market Cap (September 6, 2024) | $616.05 billion |
| Website: | corporate.walmart. |
Walmart (WMT) Balance Sheet Analysis
Walmart Inc.’s FY 2024 balance sheet reveals a solid financial position. Total assets reached $252.4 billion, up from $243.2 billion in FY 2023, while total liabilities increased slightly to $161.8 billion.
The company’s total equity grew to $90.6 billion, indicating enhanced shareholder value. Net tangible assets rose to $55.7 billion, demonstrating strong fundamental value.
Walmart’s total debt increased marginally to $61.3 billion, but net debt remained stable at $30.6 billion, suggesting effective cash management. The company continues to operate with negative working capital, typical for the retail industry.
Overall, Walmart’s balance sheet shows modest growth and stability, maintaining its strong market position in the retail sector.
Balance Sheet Data Source: finance.yahoo
Walmart Stock Price History
Walmart Inc. (NYSE: WMT) had its IPO in the year 1972. Walmart (WMT) has had 10 stock splits since 1975, occurring in 1975, 1980, 1982, 1983, 1985, 1987, 1990, 1993, 1999, and 2024. The most recent 3:1 split was on February 26, 2024. All others were 2:1 splits. One share bought before the first split in 1975 would now equal 1536 shares.1
As of September 6, 2024, Walmart’s stock price stands at $76.64.
Walmart Stock Price Forecast 2024
We project moderate growth for the remainder of the year, driven by continued expansion in e-commerce and improvements in supply chain efficiency.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $75.00 | $80.00 | $100.00 |
Walmart’s focus on expanding its online grocery delivery service and implementing AI-driven inventory management systems is expected to boost operational efficiency and customer satisfaction, potentially driving stock value upward.
Walmart Stock Price Forecast 2025
In 2025, we anticipate Walmart to capitalize on its investments in technology and omnichannel retailing, potentially leading to stronger earnings and investor confidence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $85.00 | $92.00 | $115.00 |
This represents a projected growth of 15% from the 2024 average price.
Walmart’s strategic partnerships with tech companies to enhance its digital presence and the rollout of innovative in-store technologies are expected to create a seamless shopping experience, potentially attracting more customers and investors.
Walmart Stock Price Forecast 2026
By 2026, Walmart’s efforts in expanding its healthcare services and financial products could begin to yield significant returns, potentially boosting its stock value.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $96.00 | $104.00 | $130.00 |
We forecast a growth of 13.04% from the 2025 average price.
The company’s investment in telemedicine services and the expansion of Walmart Health centers could position it as a major player in the healthcare industry, potentially opening up new revenue streams and market opportunities.
Walmart Stock Price Forecast 2027
In 2027, Walmart’s continued focus on sustainability and ethical sourcing may resonate strongly with consumers and investors alike, potentially driving stock prices higher.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $110.00 | $119.00 | $149.00 |
This indicates a projected growth of 14.42% from the 2026 average price.
Walmart’s commitment to achieving zero emissions by 2040 and its initiatives in sustainable packaging could appeal to environmentally conscious consumers and ESG-focused investors, potentially boosting brand value and stock performance.
Walmart Stock Price Forecast 2028
By 2028, Walmart’s investments in artificial intelligence and automation could start showing significant impacts on operational efficiency and profitability.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $125.00 | $135.00 | $170.00 |
We anticipate a growth of 13.45% from the 2027 average price.
The implementation of advanced robotics in warehouses and the use of AI for demand forecasting could significantly reduce costs and improve inventory management, potentially leading to increased profit margins and investor confidence.
Walmart Stock Price Forecast 2029
In 2029, Walmart’s expansion into new markets and potential acquisitions in the tech sector could drive substantial value creation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $141.00 | $153.00 | $193.00 |
This represents a projected growth of 13.33% from the 2028 average price.
Walmart’s potential acquisitions of innovative startups and expansion into emerging markets could diversify its revenue streams and accelerate growth, possibly leading to increased market share and stock value.
Walmart Stock Price Forecast 2030
As we enter a new decade, Walmart’s long-term strategies in renewable energy and sustainable practices may position it as a leader in responsible retail, potentially attracting more environmentally conscious investors. This trend is also observed in other retail giants’ Costco stock price forecast.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $160.00 | $174.00 | $220.00 |
We forecast a growth of 13.73% from the 2029 average price.
Walmart’s investment in renewable energy projects and commitment to sustainable practices could result in significant cost savings and improved brand reputation, potentially attracting both consumers and investors focused on corporate responsibility.
Walmart Stock Price Forecast 2031
In 2031, Walmart’s continued innovation in last-mile delivery and potential breakthroughs in drone technology could reshape its logistics capabilities, potentially leading to increased efficiency and profitability.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $182.00 | $198.00 | $250.00 |
This indicates a projected growth of 13.79% from the 2030 average price.
The successful implementation of drone delivery services and advancements in autonomous vehicle technology for logistics could significantly reduce delivery costs and improve customer satisfaction, potentially driving stock prices higher.
Walmart Stock Price Forecast 2032
By 2032, Walmart’s investments in virtual and augmented reality shopping experiences could start paying dividends, potentially driving customer engagement and sales growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $207.00 | $225.00 | $285.00 |
We anticipate a growth of 13.64% from the 2031 average price.
The integration of VR and AR technologies in Walmart’s online and in-store shopping experiences could revolutionize retail, offering immersive and personalized experiences that could attract more customers and boost sales.
Walmart Stock Price Forecast 2033
In 2033, Walmart’s potential expansion into new product categories or services could open up additional revenue streams, potentially boosting investor confidence and stock prices.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $235.00 | $255.00 | $325.00 |
This represents a projected growth of 13.33% from the 2032 average price.
Walmart’s possible entry into new markets such as digital banking or expanded healthcare services could diversify its revenue sources and strengthen its market position, potentially leading to increased investor interest and stock value.
Walmart Stock Price Forecast 2034
By 2034, Walmart’s continued focus on personalized shopping experiences powered by advanced data analytics could lead to increased customer loyalty and spending, potentially driving stock value higher.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $267.00 | $290.00 | $370.00 |
We forecast a growth of 13.73% from the 2033 average price.
The implementation of AI-driven personalization across all customer touchpoints could significantly enhance the shopping experience, potentially leading to increased customer retention, higher average spend, and improved stock performance.
Walmart Stock Price Forecast 2035
In 2035, Walmart’s potential leadership in integrating emerging technologies like quantum computing into its operations could set it apart from competitors, potentially leading to increased market share and stock value.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $303.00 | $329.00 | $420.00 |
This indicates a projected growth of 13.45% from the 2034 average price.
Walmart’s adoption of quantum computing for complex supply chain optimization and financial modeling could provide a significant competitive advantage, potentially resulting in improved operational efficiency and financial performance. Similar technological advancements are also factored into the Dollar Tree share price performance.
Walmart Stock Price Forecast 2036
By 2036, Walmart’s investments in renewable energy and sustainable practices could position it as a leader in eco-friendly retail, potentially attracting environmentally conscious consumers and investors alike.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $344.00 | $374.00 | $477.00 |
We anticipate a growth of 13.68% from the 2035 average price.
Walmart’s potential achievement of its zero-emissions goal and leadership in sustainable retail practices could significantly enhance its brand value and appeal to a growing segment of eco-conscious consumers and investors.
Walmart Stock Price Forecast 2037
In 2037, Walmart’s potential expansion into new geographical markets or strategic acquisitions could open up significant growth opportunities, potentially driving stock prices higher.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $391.00 | $425.00 | $543.00 |
This represents a projected growth of 13.64% from the 2036 average price.
Walmart’s possible entry into new international markets or strategic acquisitions in the tech or healthcare sectors could significantly expand its global footprint and diversify its revenue streams, potentially leading to increased investor confidence.
Walmart Stock Price Forecast 2038
By 2038, Walmart’s continued innovation in supply chain management and potential breakthroughs in inventory tracking technology could lead to increased operational efficiency and profitability.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $444.00 | $483.00 | $618.00 |
We forecast a growth of 13.65% from the 2037 average price.
The implementation of advanced IoT technologies and AI-driven predictive analytics in Walmart’s supply chain could result in near-perfect inventory management, potentially reducing costs and improving profit margins significantly.
Walmart Stock Price Forecast 2039
In 2039, Walmart’s potential leadership in adopting and implementing advanced robotics in its warehouses and stores could significantly reduce costs and improve productivity, potentially boosting stock value.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $505.00 | $549.00 | $703.00 |
This indicates a projected growth of 13.66% from the 2038 average price.
Walmart’s extensive use of advanced robotics for tasks like shelf-stocking, cleaning, and customer service could dramatically reduce labor costs and improve operational efficiency, potentially leading to higher profit margins and stock value.
Walmart Stock Price Forecast 2040
By 2040, Walmart’s long-term investments in employee education and workforce development could pay off in terms of increased productivity and innovation, potentially driving stock prices higher.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $574.00 | $624.00 | $799.00 |
We anticipate a growth of 13.66% from the 2039 average price.
Walmart’s focus on upskilling its workforce and fostering innovation could result in a more productive and engaged employee base, potentially leading to improved customer service, innovative solutions, and increased company value. This long-term strategy of investing in human capital and innovation is reminiscent of approaches seen in other sectors, as reflected in the Apollo Global Management stock price prediction, where diversified investments and long-term value creation are key drivers of growth.
Walmart Stock Price Forecast 2050
Looking ahead to 2050, we project significant growth for Walmart’s stock price, driven by decades of strategic investments, technological advancements, and market expansion.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $2400.00 | $2600.00 | $3300.00 |
This represents a substantial increase from our 2040 projection, reflecting the potential for exponential growth over the long term.
By 2050, Walmart could be at the forefront of retail innovation, potentially leveraging technologies like quantum computing, advanced AI, and possibly even space-based commerce, solidifying its position as a global retail leader and driving significant stock value growth.
Conclusion
Our analysis suggests a promising outlook for Walmart’s stock price over the next several decades. We project an average price of $2600 in 2050, we anticipate a compound annual growth rate of approximately 14.5%. This growth is expected to be driven by Walmart’s continuous innovation, strategic expansions, and adaptability to changing market conditions.
FAQs
1. What is the future of WMT share price?
Based on our analysis, the future of Walmart (WMT) share price appears promising. We project steady growth over the coming decades, with the stock price potentially reaching an average of $2,600 by 2050. This growth is expected to be driven by Walmart’s continuous innovation in retail technology, expansion into new markets and services, and adaptability to changing consumer preferences. The company’s investments in e-commerce, healthcare services, and sustainability initiatives are likely to contribute significantly to its long-term value proposition.
2. Is WMT a good long-term stock?
WMT can be considered a good long-term stock for several reasons:
- Consistent growth: Our projections show steady year-over-year increases in stock price.
- Adaptability: Walmart has demonstrated its ability to evolve with market trends and technological advancements.
- Diversification: The company’s expansion into areas like healthcare and financial services provides multiple revenue streams.
- Strong market position: As the world’s largest retailer, Walmart has significant competitive advantages and economies of scale.
- Dividend history: Walmart has a track record of paying and increasing dividends, which can be attractive for long-term investors.
3. What is the WMT 10 year outlook?
Our 10-year outlook for WMT is positive. By 2034, we project the stock could reach an average price of $290, with a potential high of $370. This represents a significant increase from the current price of $76.64 as of September 2024. Key factors that could drive this growth include:
- Advancements in AI and data analytics for personalized shopping experiences
- Expansion of Walmart’s healthcare services
- Continued growth in e-commerce and omnichannel retail
- Investments in sustainable practices and renewable energy
- Potential acquisitions and expansion into new markets
4. Is WMT a buy, hold, or sell?
Based on our long-term projections and analysis of Walmart’s strategic initiatives, WMT could be considered a “buy” or “hold” for investors with a long-term perspective. The company’s strong market position, consistent growth projections, and efforts to adapt to future retail trends suggest potential for sustained value creation.
5. Who are the major competitors of WMT?
The major competitors of Walmart Inc. (NYSE: WMT) include:
- Amazon.com, Inc. (NASDAQ: AMZN) – A leading e-commerce giant, offering a vast range of products and services, challenging Walmart in both online and physical retail.
- Target Corporation (NYSE: TGT) – A major U.S. retailer known for its stylish merchandise and competitive pricing, directly competing with Walmart in the discount retail space.
- Costco Wholesale Corporation (NASDAQ: COST) – A membership-based warehouse club offering bulk products at discounted prices, competing with Walmart’s Sam’s Club division.
- The Kroger Co. (NYSE: KR) – The largest supermarket chain in the U.S., competing with Walmart in the grocery and supermarket sector.
- Aldi – A global discount supermarket chain, offering low-cost groceries, directly competing with Walmart in the budget-conscious grocery segment.
- Lidl – Another discount supermarket chain with a growing presence in the U.S., competing with Walmart on price and product variety.
- Home Depot, Inc. (NYSE: HD) – Competes with Walmart in the home improvement sector, especially in DIY products.
- Walgreens Boots Alliance, Inc. (NASDAQ: WBA) – A competitor in the pharmacy and health retail sector, offering a wide range of over-the-counter and prescription drugs.
- Dollar General Corporation (NYSE: DG) – A discount retailer offering a variety of products at low prices, appealing to budget-conscious shoppers.
- Best Buy Co., Inc. (NYSE: BBY) – Competes with Walmart in the consumer electronics sector, offering a wide range of electronics and appliances.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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