J.P. Morgan Sticks to Their Buy Rating for Walmart (WMT)

J.P. Morgan analyst Christopher Horvers maintained a Buy rating on Walmart today and set a price target of $128.00.

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Horvers covers the Consumer Cyclical sector, focusing on stocks such as Home Depot, Best Buy Co, and Wayfair. According to TipRanks, Horvers has an average return of 9.6% and a 61.23% success rate on recommended stocks.

In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $111.00 price target.

Based on Walmart’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $177.4 billion and a net profit of $7.03 billion. In comparison, last year the company earned a revenue of $169.34 billion and had a net profit of $4.5 billion

Based on the recent corporate insider activity of 219 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WMT in relation to earlier this year. Most recently, in September 2025, Walton Family Holdings Trust, a Major Shareholder at WMT sold 2,389,000.00 shares for a total of $247,142,050.00.