Walmart Inc. ($WMT) Stock Forecast: Up 6.8% Today

What is Walmart Inc.?

Walmart Inc. (NYSE: WMT) is a multinational retail corporation recognized for its chain of hypermarkets, discount department stores, and grocery stores. The company holds a significant presence in both the US and international markets.

Why is Walmart Inc. going up?

WMT stock is up 6.8% on Aug 15, 2024 19:07

• Walmart's recent strong upward movement can be attributed to the following factors:
• The company revealed impressive second-quarter 2025 results, surpassing earnings per share (EPS) estimates and raising full-year guidance, demonstrating strong financial performance.
• Encouraging statements from Walmart executives regarding the robust condition of the US consumer market and global consumer sentiment provided assurance to investors regarding spending patterns.
• The better-than-expected US Retail Sales data indicated a healthy environment for consumer spending, which in turn lifted overall market sentiment.
• Walmart's strategy of reducing prices and enhancing revenue through increased unit sales instead of price increases reflects a competitive approach that resonates positively with consumers.

WMT Price Chart

WMT Technical Analysis

WMT News

Walmart's Q4 Outlook Clouded by Consumer Spending Concerns: JP Morgan Analyst - Walmart ( NYSE:WMT )

Walmart Inc WMT shares are trading higher on Thursday after the company announced strong second-quarter 2025 results and raised full-year guidance. The retailer reported adjusted EPS of $0.67 ( +9.8% Y/Y ) , beating the consensus of $0.64 and sales of $169.34 billion, surpassing the consensus of ...

https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40402877/walmarts-q4-outlook-clouded-by-consumer-spending-concerns-jp-morgan-analyst

Dow Jones lurches higher after Retail Sales data beat

The post Dow Jones lurches higher after Retail Sales data beat appeared on BitcoinEthereumNews.com . The Dow Jones climbed 475 points on Thursday after upbeat US data print. US Retail Sales surged to 18-month high in July. Upbeat US data sloughs off recession fears, but tempers rate cut bets. The Dow Jones Industrial Average (DJIA) gained 475 points on Thursday, climbing around 1.25% on the day as equities tipped into the bullish side after US Retail Sales surged well above forecasts. Markets are shedding recent fears of a recession in the US economy, bolstering risk appetite and sending indexes broadly higher. However, not all is rosy in financial markets post-Retail Sales. According to the CME’s FedWatch Tool, rate markets are now pricing in just 25% odds of a 50 bps double cut from the Federal Reserve (Fed) in September, down significantly from last week’s peak bets of 70% odds. Rate traders have still fully priced in a September rate trim as a done deal, with 75% odds of at least 25 basis points off of the top on September 18.

https://bitcoinethereumnews.com/finance/dow-jones-lurches-higher-after-retail-sales-data-beat/

Oil bounces on stronger signs from the US consumer

Consumers still have money to fill their tanks or fly away. That''s the message from today''s US retail sales report and commentary from executives at Walmart. Both emphasized a strong US consumer and WMT said the global consumer was also fine. If so, spending at gasoline stations is likely to remain solid, underpinning gasoline demand. Technically, oil is consolidating after testing $72 for the second time int he past three months. That test looks successful but it will take a rally above $84 to generate some real momentum to the upside. The most-bullish indication is positioning, with net longs at-or-near record lows. Positive indications on inventories, demand or even Middle Eastern conflict could lead to a squeeze. This article was written by Adam Button at www.forexlive.com.

https://www.forexlive.com/news/oil-bounces-on-stronger-signs-from-the-us-consumer-20240815/

Walmart cites solid consumer health as retailer beats growth estimates

Walmart Thursday reported stronger than expected second quarter growth of 4.8% and 8.5% operating income growth. The company said it''s not projecting a recession and isn''t seeing fraying of consumer health.

https://www.upi.com/Top_News/US/2024/08/15/Walmart-strong-growth-exceeded-expectations/7601723743415/

Walmart says prices are coming down - except in one key area

Walmart said inflation was flat in its latest quarter, and revenue growth came from selling more units rather than from higher prices.

https://www.cnbc.com/2024/08/15/walmart-says-prices-are-coming-down-except-in-one-key-area-.html

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Walmart Inc. Price History

15.07.2024 - WMT Stock was up 7.0%

• Walmart (WMT) experienced a strong bullish movement recently.
• The bullish trend can be attributed to Walmart's impressive recent earnings report, where the company beat both EPS and revenue expectations.
• Additionally, Walmart's ability to attract customers with its low prices in the face of inflation concerns has boosted investor confidence in the stock.
• The positive performance of Walmart also had a ripple effect on other retail stocks, such as Costco, leading to an overall uptick in the retail sector.

15.07.2024 - WMT Stock was up 7.2%

• Recent strong bullish movement experienced by Walmart can be linked to its impressive second-quarter 2025 results and raised full-year guidance, highlighting robust performance in the retail sector.
• The company's strategy of reducing prices, despite flat inflation rates, has resonated positively with consumers, resulting in increased sales and revenue growth.
• Significant growth in ecommerce sales has also played a key role in Walmart's positive market performance, reflecting evolving consumer preferences and the company's adaptability to digital trends.
• The increase in upper-income shoppers at Walmart, as mentioned by CEO Doug McMillon, has been instrumental in propelling the company's recent success, suggesting a shift in consumer demographics favoring the retail giant.

15.07.2024 - WMT Stock was up 7.1%

• Walmart's stock experienced a strong bullish movement today.
• The market was fueled by Walmart's impressive second-quarter growth, beating expectations for both earnings and revenue.
• The company's raised outlook and stable client health contributed to the positive market sentiment.
• Consumer and tech sectors, including Walmart, played a significant role in driving the overall market rally, with the retail giant's performance standing out among other stocks.

15.07.2024 - WMT Stock was up 6.8%

• Walmart's recent strong upward movement can be attributed to the following factors:
• The company revealed impressive second-quarter 2025 results, surpassing earnings per share (EPS) estimates and raising full-year guidance, demonstrating strong financial performance.
• Encouraging statements from Walmart executives regarding the robust condition of the US consumer market and global consumer sentiment provided assurance to investors regarding spending patterns.
• The better-than-expected US Retail Sales data indicated a healthy environment for consumer spending, which in turn lifted overall market sentiment.
• Walmart's strategy of reducing prices and enhancing revenue through increased unit sales instead of price increases reflects a competitive approach that resonates positively with consumers.

15.07.2024 - WMT Stock was up 6.8%

• Walmart's bullish movement was supported by an upbeat outlook from the company, as it raised its outlook on stable consumer health.
• The positive consumer spending data and endorsements from Walmart executives further fueled the stock's rise.
• Analysts suggest that Walmart's strong quarter may have come at the expense of other retailers, indicating a shift in consumer preferences towards the retail giant.
• The overall market sentiment towards Walmart was optimistic, with the company's performance reflecting a robust engagement across income cohorts and consistent growth projections for the future.

15.07.2024 - WMT Stock was up 6.8%

• Walmart's stock experienced a bullish movement following the release of strong second-quarter results and an optimistic outlook for the rest of the year.
• The positive consumer spending data and upbeat outlook from Walmart contributed to the overall bullish sentiment in the market.
• Walmart raising its sales expectations and lifting its outlook based on resilient US consumer spending further fueled investor confidence in the company's performance.
• The correlation between Walmart's strong performance and the positive market sentiment was also highlighted, emphasizing the impact of key retail players like Walmart on market activity.

15.07.2024 - WMT Stock was up 6.9%

• Strong fiscal earnings report for the second quarter boosted investor confidence and drove the stock price higher.
• Improved outlook for 2024 and attracting budget-conscious consumers contributed to the bullish momentum.
• Resilient consumer spending, as indicated by the retail sales data for July, supported Walmart's positive performance.
• Analysts and experts highlighting Walmart's momentum and business model strength further reinforced the bullish sentiment surrounding the stock.

15.07.2024 - WMT Stock was up 6.9%

• Walmart (WMT) reported strong fiscal earnings for the second quarter, leading to a bullish movement in its stock.
• The positive earnings report, including significant international growth driven by operations like Flipkart, contributed to the stock's rise.
• The overall retail sector, including competitors like Costco (COST) and Amazon (AMZN), also saw an uplift following Walmart's upbeat outlook and strong consumer spending data.
• The announcement of Walmart beating expectations and raising its guidance for the year further fueled investor confidence in the company, leading to a surge in its stock price.

15.07.2024 - WMT Stock was up 7.0%

• Strong fiscal earnings for the second quarter of 2024 from Walmart played a significant role in driving the bullish momentum in its stock price.
• Positive retail sales data for July, highlighting robust consumer spending, positively impacted investor confidence in retail stocks, including Walmart.
• Optimism spread across the market with diminishing concerns about a looming recession, which contributed to a generally positive stock market performance.
• Robust international sales growth, notably driven by Flipkart and other key markets, demonstrated Walmart's solid performance, reinforcing the upward trend in its stock price.

15.07.2024 - WMT Stock was up 7.0%

• Walmart reported strong second-quarter results and raised full-year guidance, with adjusted EPS beating expectations and sales showing significant growth.
• The company's success was attributed to flat inflation, increased revenue from selling more units, and a surge in upper-income shoppers contributing to sales gains.
• Positive market sentiment towards retail stocks, driven by better-than-expected retail sales data, also likely boosted Walmart's stock performance.
• Overall, Walmart's strategic pricing, revenue growth, and favorable market conditions contributed to its bullish movement today.

15.07.2024 - WMT Stock was up 6.7%

• Walmart (WMT) stock experienced a strong bullish movement recently.
• The company announced strong second-quarter results, surpassing expectations and increasing annual guidance, resulting in an 8% rise in its stock price.
• Analysts have a positive outlook on Walmart's stability and predict sustained growth in the U.S. consumer market.
• Overall, market sentiment was upbeat, with the Nasdaq Composite up by more than 2% and the consumer discretionary sector rising by 2.8%, driven by Walmart's solid performance and the tech sector's surge.

15.07.2024 - WMT Stock was up 6.8%

• Walmart's stock had a strong bullish movement today, gaining 7% in premarket trading.
• The positive market movement can be attributed to Walmart lifting its full-year outlook on strong apparel sales, indicating strong consumer demand for essentials.
• Additionally, Walmart's optimistic outlook aligns with the overall market trend of strong retail sales data, suggesting a favorable economic environment for consumer-focused companies like Walmart.
• The upbeat outlook from Walmart also seemed to have a positive spillover effect on other companies like Amazon, as indicated by the correlation in their stock movements.