Walmart (NYSE:WMT) Upgraded by Oppenheimer to “Out…
From Financial Modeling Prep: 2025-05-01 14:05:00
Oppenheimer upgraded Walmart (NYSE:WMT) to “Outperform” on May 1, 2025, with the stock priced at $97.23. Walmart recently opened a new Supercenter in Cypress, Texas, as part of its “Store of the Future” initiative to modernize retail presence.
Walmart plans to build or convert over 150 stores in the coming years, aligning with its goal to adapt to market dynamics. Additional Supercenters are planned for Texas, Utah, and California, with Neighborhood Market stores set to open in Alabama and Florida.
As of April 5, 2025, Walmart’s stock price increased by 0.90% to $95.22, outperforming the S&P 500. Over the past month, Walmart’s stock surged by 11.67%, surpassing the Retail-Wholesale sector and the S&P 500.
Investors anticipate Walmart’s upcoming earnings report on May 15, 2025, expecting an EPS of $0.58, a 3.33% decrease from last year. Revenue is projected to rise by 2.71% to $165.88 billion, showcasing Walmart’s growth resilience.
Walmart’s stock is currently trading at $97.26, with a 0.51% increase today. The stock’s price ranged from $96.59 to $97.71 during the trading day. With a market capitalization of approximately $778.13 billion, Walmart remains a key player in the retail industry.
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