Walmart stock: Evercore lifts target for Walmart stock to USD 130.00

Published on 10/23/2026 at 16:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 5.90 percent to USD 187.94 billion. Walmart stock costs EUR 107.40 on October 23, 2026, up 0.39 percent versus the Xetra close.

Analyst target and reporting date

Evercore ISI raised its Walmart target from USD 125.00 to USD 130.00 on October 20, 2026.
Second-quarter fiscal 2027 revenue rose 5.90 percent to USD 187.94 billion.
Walmart stock costs EUR 107.40 at Lang & Schwarz on October 23, 2026 at 4:04 p.m. CEST, 0.39 percent above the Xetra close.
The next earnings date is November 19, 2026, before the market opens.

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On October 20, 2026, Evercore ISI Group analyst Greg Melich raised the Walmart target from USD 125.00 to USD 130.00 while maintaining an Outperform rating, Benzinga reported. Walmart stock was trading at EUR 107.40 at Lang & Schwarz on October 23, 2026 at 4:04 p.m. CEST, up 0.39 percent versus the Xetra close of October 22, 2026 at EUR 106.98.

Digital sales support the target

Walmart's second-quarter fiscal 2027 revenue rose 5.90 percent year over year to USD 187.94 billion for the period ended July 31, 2026. Global e-commerce sales increased 23.00 percent, while advertising revenue grew 38.00 percent and membership income rose 17.00 percent, according to the Fortune transcript of the August 20, 2026 earnings call.

The same quarter included tariff refunds that contributed about 750 basis points to operating income growth, according to Fortune. Walmart also lifted fiscal 2027 adjusted earnings-per-share guidance to USD 2.80-2.87 from USD 2.75-2.85 on August 20, 2026, a change that gives the analyst target a current earnings backdrop.

Walmart stock stays below its high

On the Nasdaq, Walmart was last at USD 120.50 on October 23, 2026 at 10:12 a.m. ET. Its 52-week range was USD 98.88 to USD 135.16, and the market capitalization was USD 958.9 billion on the same date. The price-to-earnings ratio was 43.66. Walmart's investor-relations page identifies the listing as Nasdaq: WMT and describes the company as an omnichannel retailer, Walmart states.

What comes next for Walmart?

MarketBeat lists November 19, 2026 as Walmart's next quarterly reporting date before the market opens. The date is presented as an estimate, while the company page identifies the latest completed report as fiscal second quarter 2027 for the period ended July 31, 2026.

Comparison with peers

Walmart: plus 0.39 percent versus the Xetra close, P/E 43.66, market capitalization USD 958.9 billion.

Costco Wholesale Corporation (Nasdaq, USD): minus 0.58 percent, P/E 48.75, market capitalization USD 448.6 billion.

Target Corporation (NYSE, USD): minus 2.39 percent, P/E 16.09, market capitalization USD 70.1 billion.

Target revision meets a mixed price picture

Evercore's higher USD 130.00 target is the most recent dated analyst action in the reviewed period, while Walmart's 43.66 earnings multiple stands above Target's 16.09 and below Costco's 48.75. The next test for the valuation is the November 19, 2026 report.

The further course of trading is shown by the continuously updated real-time quote of Walmart stock.