Walmart: Telsey Advisory Group Raises PT to $118, Maintains Outperform Rating

Walmart: Telsey Advisory Group Raises PT to $118, Maintains Outperform Rating

Walmart Inc. (NYSE: WMT) continues to receive positive analyst attention, with Telsey Advisory Group recently raising its price target on the retailer's stock to $118 from $115, while maintaining an "outperform" rating. This adjustment comes despite Walmart's recent earnings miss, which saw adjusted earnings per share (EPS) of $0.68 falling short of the $0.74 consensus estimate [2]. The earnings miss was partially offset by strong revenue growth, with Walmart reporting $177.40 billion in quarterly sales, surpassing Wall Street's forecast of $176.05 billion [2].

The price target increase by Telsey Advisory Group suggests optimism about Walmart's future prospects. The firm's new price target implies a potential upside of 13.81% from its current price. This move follows a series of positive analyst ratings and price target adjustments from other firms, including Royal Bank Of Canada, Mizuho, KeyCorp, Tigress Financial, and Oppenheimer [3].

Walmart's strong performance in the U.S. and international markets has been a key driver of its growth. The company's U.S. comparable sales growth of 4.6% exceeded the 4.2% consensus, while Sam’s Club posted 5.9% growth versus expectations of 5.3% [2]. Internationally, Walmart's distribution network spans 5,402 points of sales located in Mexico, Central America, China, Africa, Canada, Chile, and India, contributing to 17.8% of its total net sales [1].

Despite the recent earnings miss, Walmart has raised its full-year guidance, increasing fiscal 2026 net sales growth projections to 3.75%-4.75% from the previous 3%-4% range, while lifting adjusted EPS guidance to $2.52-$2.62 [2]. This shows the company's confidence in its ability to navigate ongoing margin pressures and economic uncertainty.

The broader market sentiment remains fragile as investors await Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium on Friday, which could provide crucial signals about the central bank's monetary policy direction [2]. Additionally, technology stocks continue to face pressure, with major names like Nvidia, AMD, Palantir, and Meta experiencing significant declines this week as investors question whether valuations can be sustained [2].

In conclusion, Telsey Advisory Group's price target increase for Walmart reflects optimism about the retailer's future performance. The company's strong revenue growth and international presence, coupled with positive analyst ratings, suggest that Walmart remains a solid investment choice for investors.

References:
[1] https://www.marketscreener.com/news/telsey-advisory-adjusts-price-target-on-walmart-to-118-from-115-maintains-outperform-rating-ce7c50dadf81f120
[2] https://sherepricetarget.com/dow-futures-drop-118-points-after-walmart-earnings-miss-despite-strong-sales/
[3] https://www.marketbeat.com/instant-alerts/walmart-nysewmt-earns-outperform-rating-from-telsey-advisory-group-2025-08-14/