Despite Walmart achieving a historic milestone by becoming the first traditional retailer to surpass a $1 trillion market capitalization, Goldman Sachs and Evercore ISI removed the stock from their top pick lists, citing high valuation concerns.
- The analyst action comes just ahead of the company's scheduled Q4 2026 earnings release next week.
- The retailer's rapid ascent to the $1 trillion valuation was primarily driven by technological adoption.