Bank of America Securities analyst Robert Ohmes has maintained their bullish stance on WMT stock, giving a Buy rating today.
Robert Ohmes has given his Buy rating due to a combination of factors that highlight Walmart’s strong positioning and growth potential despite a challenging economic environment. Walmart has reiterated its guidance for fiscal year 2026, maintaining its full-year sales outlook and adjusting its first-quarter EBIT growth expectations to accommodate a less favorable category mix and higher expenses. The company’s ability to navigate tariff uncertainties is bolstered by its significant domestic production and strategic supplier relationships, which provide a competitive edge over other retailers.
Walmart’s digital advertising and e-commerce sectors are key growth drivers, with the digital ad business experiencing substantial growth and the e-commerce division achieving profitability. The company’s focus on enhancing convenience, such as expanding same-day delivery, and leveraging automation to improve efficiency, further supports its growth trajectory. Additionally, Walmart’s international operations and ancillary businesses, like digital advertising and fintech, contribute to its robust profit growth outlook, making it a compelling investment opportunity.
In another report released today, Barclays also maintained a Buy rating on the stock with a $108.00 price target.
WMT’s price has also changed moderately for the past six months – from $80.400 to $89.600, which is a 11.44% increase.