Walmart (WMT) Stock Forecast & Price Target

Walmart demonstrated strong financial performance with a 4.34% year-over-year increase in net sales revenue, rising from $673.82 billion to $703.06 billion for the 12 months ending October 2025, and is projected to grow by 13.34% over the next twelve months. Additionally, Net Operating Profit After Tax (NOPAT) rose by 2.15% year-over-year, reaching $22.77 billion, with forecasts anticipating a significant increase of 13.17% to $53.30 billion in the near term. The company also experienced a 3.70% year-over-year rise in Economic Operating Cash Flow (EBITDAR), indicating a robust operational cash generation capacity, further supporting a positive outlook for Walmart's financial trajectory.

Walmart's Economic Profit experienced a decline of 10.92% year-over-year, reducing from $9.76 billion to $8.70 billion, which raises concerns about overall profitability. Additionally, the company's Return on Capital (ROC) decreased from 13.33% to 12.03%, indicating less efficient use of capital resources. Furthermore, ongoing expense issues, including an additional $450 million in unplanned costs attributed to tariffs on general merchandise, have created significant pressure on operating income growth and could negatively influence earnings per share estimates.